Shanghai (2,692MW), Tokyo (2,575 MW), and Mumbai (2,337MW) have emerged as the top Data Centre markets in the Asia-Pacific region. Bangkok also saw impressive growth, increasing nearly 30 percent since the beginning of the year.
Mumbai has become the third biggest data centre market in the Asia-Pacific region, with a total capacity at 2,337 MW and breaching the 2GW mark in Q1.
The operational data centre capacity stood at 270 MW in Mumbai city with over half of the total capacity in the early stage at 1,272 MW, which means 11.55 percent of its capacity is now in the live segment, according to a report by property consultant, Knight Frank, in partnership with data centre research and analytics platform DC Byte.
NTT-Netmagic and CtrlS data centre providers constitute just over half of the live capacity in Mumbai market currently.
Over 328MW of data centre capacity was added in Mumbai in the first quarter of 2023, driven by announcements from existing players and a new market entrant – Digital Edge, a Stonepeak-backed operator set to deliver a hyperscale facility to the market.
Supply movements have moderated compared to previous quarters, with over 40 percent of its current live capacity absorbed throughout 2022.