Mumbai posts sharpest rise in knowledge centre capability in APAC area: Knight Frank


Mumbai: The metropolis registered the sharpest improve in knowledge centre capability within the Asia Pacific area, including 56MW provide within the first quarter of 2021, recording whole provide at 753MW, based on the most recent Data Centre Report 2021, by property consultants, Knight Frank.

Knight Frank printed the report in partnership with knowledge centre analysis and analytics platform – DC Byte.

“Pandemic influenced push for digital services resulted into an acceleration of new supply in 2020 with an additional 252MW or 50% added to its development pipeline. This marked up the total supply to 697MW in the year 2020. Between 2016 and 2019, Mumbai’s IT power capacity increased from 148MW to 456MW,” the report stated, including that in Asia Pacific markets, whole provide elevated by about 200MW in Q12021, reflecting the same tempo to 2020 take up – recorded simply over 800MW, making a complete provide of 5800MW throughout the area.

The EMEA (Europe, the Middle East and Africa) markets, nevertheless, have seen an increase of 4% in uptake in Q1 2021, to 120 Mega Watts (MW) with a ten% improve in new provide general, totalling to greater than 180MW.

“Mumbai is amongst the better-established knowledge centre hubs within the APAC area. The metropolis’s location has a strategic significance as a touchdown vacation spot for undersea data-cables connecting the east and west,” stated Shishir Baijal, Chairman and Managing Director at Knight Frank India, including that the presence of established telecom business in India and the push for digital providers in the course of the pandemic has additional fuelled the expansion of knowledge centres in Mumbai. The rise of rising markets in APAC has introduced Mumbai underneath the main target of a number of worldwide operators, who want to set up themselves on this area.

The digital push from the pandemic has resulted in acceleration of knowledge centre provide in Mumbai. With the addition of 56MW, whole capability now stands at 753MW. With respect to take-up, Q1 2021 recorded 8MW, in comparison with 44MW in all of 2020. Cloud corporations are persevering with to develop a considerable cloud community in Mumbai, which is aided by an ongoing stream of demand. This has facilitated the creation of a number of new hyper-wholesale colocation amenities. The elevated provide can present loads of alternative for creating an increase in take-up within the close to future.

With respect to obtainable capability, Mumbai recorded little underneath 600MW of obtainable IT energy in Q1 2021, in opposition to the overall capability of 753MW. Available IT energy contains all reside, under-constructed and phased IT energy.

The Q1 report 2021, which gives complete protection of 28 key markets, has carefully tracked the numerous pandemic-driven knowledge utilization shift in 2020, which in flip magnified the normal “purchase” cycle and led to report developments within the world knowledge centres market. This yr the information exhibits it’s obvious that while some markets have saved up with this tempo others, largely Tier II cities, have reported little provide progress in early 2021.

With respect to market composition, Colocation wholesales comprised the most important chunk with 126.68MW, accounting for 73% of the general market. Colocation retailers commanded the provision of 31.42MW registering 18% of the general provide. Telecom enterprise commanded 8% and 1% by Financial Institutions of the overall provide, with 14MW and a couple of.5MW respectively.

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