Hong Kong Dominates as APAC Data Centre Investments Jump 56% in 2020

Data centre investment in Asia-Pacific climbed to $5.7 billion (HK$44 billion) between 2018 and 2020, a seven-fold increase over the growth recorded over the previous two year interval, according to new research by Cushman & Wakefield in Hong Kong. In the first eight months of 2020, and despite an ongoing public health crisis, nearly $1.5 billion was poured into data centres in APAC, up 56 percent over 2019. Investment into Hong Kong accounted for 54 percent of that total. ࢀœThe growing importance of Internet of Things (IoT) applications, the impending 5G network, and fast adoption rates of cloud computing as…