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Asia emerges as data center hub with renewable edge, report finds

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Australia-based data center operator AirTrunk continues to expand its investment in Malaysia. (Photo: AirTrunk)

Asia’s data center market is set for continued expansion, with Fitch Solutions’ BMI projecting an annual growth rate of 9.7% through 2028. The report adds that the U.S. policy focus on natural gas could further boost Asia’s competitiveness, with Malaysia, Indonesia, and India leading regional development.

Rising U.S. power costs drive data center shift toward Asia

According to BMI, surging digitalization and cloud service demand are accelerating Asia’s data center growth. Meanwhile, U.S. electricity prices have risen sharply—doubling in some major data center hubs—making Asia a more cost-efficient alternative.

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