Moody’s

South and Southeast Asian economies are emerging as back-end hubs but technical gaps constrain their ability to capture greater economic value, Moody's said Tuesday.

Moody's Ratings expects data center power demand in Asia-Pacific (APAC) to grow at a 15 percent to 20 percent compound annual growth rate (CAGR) over the next five to six years, as capacity more than doubles over the same period.

Moody's Ratings has forecast Asia Pacific (APAC) data center capacity to grow at a compound annual average rate of almost 20 percent through 2028, involving an investment of about $564 billion, as rising computing demand fuels expansion.