Philippines Data Center Construction Market Report

Dublin, Oct. 2, 2024 (GLOBE NEWSWIRE) — The “Philippine Data Center Construction Market by Region, Competition, Forecast and Opportunities 2019-2029F” report has been added ResearchAndMarkets.com Offer.

The Philippine data center construction market was valued at $298 million in 2023 and is expected to reach $539 million by 2029, growing at a CAGR of 10.25%.

The market is influenced by factors such as growing demand for data storage and processing capacity, technological advancements, and the need for increased energy efficiency and security measures. Companies in this sector typically include construction companies, engineering firms and specialist contractors. As digital transformation accelerates across various industries, the data center construction market continues to grow, driven by the need for more robust, scalable and reliable data infrastructure solutions.

Key market drivers:

• Increasing digital transformation
• Growing demand for cloud services
• Increasing internet penetration and digital connectivity
• Strategic location and investment opportunities

Key market challenges:

• Infrastructure and supply constraints
• Regulatory and approval challenges

Key Market Trends:

• Rise of hyperscale data centers
• Focus on energy efficiency and sustainability

Regional insights

The National Capital Region (NCR) had the largest market share in 2023. NCR, particularly Metro Manila, is the country's economic and business hub and hosts a significant portion of the Philippines' corporate and financial activities. Large corporations, banks and multinationals are headquartered here, increasing the demand for robust data infrastructure to support their operations. The concentration of companies requires advanced data centers to efficiently manage and process large amounts of data.

NCR benefits from superior infrastructure and connectivity compared to other regions. It has well-developed transportation networks, high-speed internet connections and reliable power supply, which are crucial for the operation of the data center. Infrastructure availability reduces operational challenges and increases NCR's attractiveness for data center development.

Significant investments from domestic and international data center operators have been concentrated in NCR. The region's strategic location and established business environment attracts significant capital and leads to the development of large, state-of-the-art data centers. This influx of investment strengthens NCR's dominance by expanding its data center capacity and capabilities.

NCR has a well-established talent pool with expertise in IT and data center management. The availability of qualified professionals and technical experts supports the efficient operation and maintenance of data centers and makes the region more attractive for data center development.

The Philippine government has introduced policies and incentives to attract investments in data center infrastructure. NCR benefits from these supportive measures, which include tax incentives and streamlined regulatory processes, further supporting its growth as a data center hub.

The report highlights the key market players:

• AECOM
• Fortis Construction Inc.
• Turner Construction Company
• DPR construction
• Schneider Electric SE
• Cisco Systems Inc.
• Arista Networks, Inc.
• SAS Institute Inc.

Report scope

In this report, the Philippines data center construction market has been segmented into the following categories:

By animal type:

• Stage 1 and 2
• Level 3 and Level 4

By data center size:

• Small
• medium
• Large
• Solid
• Mega

By infrastructure:

• Cooling infrastructure
• Energy infrastructure
• Other

By end user:

• IT & Telecommunications
• BFSI
• Government
• Healthcare
• Other

By region:

• National Capital Region
• Cordillera administrative region
• Ilocos region
• Cagayan Valley
• Central Luzon
• Southern Tagalog
• Mimaropa
• Rest of the Philippines

Key attributes

For more information about this report, see

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source of international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

• Philippine data center construction market