Chaince Digital Holdings Inc Stock Price, News & Analysis

The India data center construction market is projected to reach $3.46 billion by 2028, up from $1.52 billion in 2022, reflecting a CAGR of 14.76%. Major metropolitan areas like Mumbai, Chennai, Hyderabad, Bangalore, and Delhi are set to attract substantial investments for hyperscale data center campuses. The launch of 5G is expected to drive demand for edge computing, while the adoption of renewable energy is increasing among providers. Significant players in the market include AdaniConneX and Sify Technologies, with a strong focus on AI, IoT, and data security leading investment growth.

The Thailand data center market is set to achieve a significant milestone, projected to reach USD 1.33 billion by 2028, growing at a CAGR of 10% from 2022. This expansion is prompted by numerous global players entering the market, enhancing local competition. Notable investments include Chindata Group and others, contributing to a predicted revenue of USD 320 million in colocation services by 2028. The market's physical infrastructure is expected to cover 226 thousand sq. feet with a power capacity of 56 MW. Growth drivers include enhanced connectivity and rising adoption of cloud services and IOT technologies.

The China data center market is projected to grow at a CAGR of 2.7% from 2022 to 2028, reaching USD 34.03 billion by 2028. Key drivers include increased digital transformation, adoption of cloud platforms, and government initiatives supporting data center developments, particularly in Shanghai. The city is set to see the establishment of around 59 upcoming data centers, contributing to a total power capacity of 1,565 MW. The growing demand for data portability and security is fostering investments in renewable energy and sustainability to align with carbon neutrality goals by 2060.

The Internet data center market in China is projected to grow from $29.02 billion in 2022 to $34.03 billion by 2027, reflecting a CAGR of 2.69% from 2022 to 2028. The report highlights key investments in IT, infrastructure, and the establishment of national data center clusters and computing hubs, aimed at supporting the industry’s growth. Significant government initiatives, such as the East-to-West data computing strategy and a push for carbon neutrality by 2060, are also shaping the market landscape. Major players include Alibaba, Tencent, and Chindata Group, along with various global IT providers.

The global data center colocation market is projected to grow at a CAGR of 6.5% from 2021 to 2027, driven primarily by cloud service demand. The APAC region leads in investments, followed by North America and Western Europe. Notable operators in the market include Equinix, Digital Realty, and CyrusOne, many of which are focusing on sustainability through renewable energy initiatives. Significant investment opportunities arise as 5G deployment enhances edge data centers, and government incentives encourage growth. Challenges remain, including rising carbon emissions and security concerns.

The India data center construction market is set to grow at a CAGR of 15% from 2022 to 2028, reaching a market size of USD 3.46 billion by 2028 from USD 1.52 billion in 2022. Key drivers include increased cloud adoption, 5G deployment, and innovations in technologies like IoT and AI, fostering demand for data centers. By 2024, 80% of corporate banks in India are expected to utilize cloud technology. Major investments are expected from local and global companies, enhancing infrastructure across regions like Maharashtra and Tamil Nadu.

On December 7th, Chindata Group won the "Data Center Design Innovation Award" at the DCD Awards in London, marking its second win. The award recognizes the company's hyperscale container prefabricated structure data center in Johor, Malaysia, which has set multiple construction records. This facility features Malaysia's first pre-installed cold-plate liquid cooling module and a power usage efficiency (PUE) below 1.2. Chindata aims to expand its global presence in emerging markets like Malaysia, Thailand, and India while addressing the growing demand for digital computing power in the Asia-Pacific region.