Asia-Pacific Floating Data Center Market Forecast Report to 2033: Focus on Distributed Computing Model, Data Center Type and Data Center Capacity [Yahoo! Finance]
KEPPEL CORP LTD S/ADR (KPELY)
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Source: Yahoo! Finance
Distributed Computing Model, Data Center Type, Data Center Capacity, and Country - Analysis and Forecast, 2023-2033" report has been added to ResearchAndMarkets.com's offering. The Asia-Pacific floating data center market, valued at $198.23 million in 2023, is expected to reach $629.67 million by 2033, exhibiting a robust CAGR of 12.25% during the forecast period 2023-2033. The growing demand for edge computing is a major factor driving growth in the floating data center market. Edge computing is the practice of processing data near its source rather than in centralized data centers, which has increased demand for novel solutions such as floating data centers. The APAC floating data center market is quickly emerging as a significant segment of the larger data center industry, driven by rising demand for efficient, scalable, and sustainable data storage solutions. Floating data centers, which are housed on ships or offshore platforms, provide several benefits, including increased c
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