ResearchAndMarkets says AI-ready infrastructure, liquid cooling and colocation demand are lifting Asia-Pacific data centers, while a separate report forecasts global data center storage growth to $142.58 billion by 2032.
ResearchAndMarkets projects the APAC data center market will grow from $126.64 billion in 2025 to $255.49 billion by 2031 at a 12.4% CAGR, driven by AI and high-performance computing demand, expanding cloud infrastructure, and government-backed digital infrastructure. The report says operators are building AI-ready facilities with GPU clusters, high-density racks and larger power capacity, while liquid cooling is expected to reach 59% of cooling investments by 2031 and colocation is projected to represent 78.48% of investments in 2025. A separate ResearchAndMarkets report forecasts the global data center storage market will rise from $89.09 billion in 2026 to $142.58 billion by 2032 at an 8.2% CAGR, with hyperscale and cloud providers, NVMe SSD adoption and Asia-Pacific expansion among the key drivers.