Thailand's investments in data centres are projected to reach US$4.31 billion by 2030, representing average annual growth of 18% from 2024 and achieving total capacity of 2.93 gigawatts, helped by strong government support and solid demand, says CGS International Securities.
Thailand is undergoing a fundamental transformation in its digital infrastructure, driven by artificial intelligence (AI), cloud adoption, data sovereignty regulations and spillover demand from capacity-constrained neighbouring countries, especially Singapore, said Kasem Prunratanamala, head of research at CGS.
