Cambodia’s data centre sector is on the cusp of significant expansion, according to the latest report from Knight Frank.
The sector’s rapid growth is fueled by the country’s increasing digitalization, including advancements in e-commerce, e-banking, and government-led digital initiatives.
With the rise of major operators and an expected shift in government legislation, Cambodia’s data centre market is set to grow exponentially over the next decade.
Cambodia has seen impressive GDP growth, averaging 7% annually from 1995 to 2019, spurred by the development of key sectors like e-commerce and e-banking.
These advancements, coupled with government initiatives focused on digital platforms, have created a fertile ground for the rise of data centre operators such as ByteDC, Chaktomuk Data Centre (CDC), and Daun Penh Data Centre (DPDC).
Although the transition from traditional in-house data centres to external colocation facilities was initially met with some hesitation, the demand for secure data storage has driven the shift, particularly in Cambodia’s banking and financial sectors. These industries prioritize data security and customer protection, making the need for high-quality, reliable data centres critical.
Knight Frank’s report forecasts significant expansion in Cambodia’s data centre capacity, with a new $30 million project led by the Ministry of Posts and Telecommunications (MPTC) set to come online by 2025.
Furthermore, the Cambodian government is expected to introduce legislation mandating that companies store data within the country, which will likely expedite growth in the sector in the medium and long term.
Source: Knight Frank
