Singapore Data Center Storage Market Size and Share

Singapore Data Center Storage Market (2025 - 2030)
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Singapore Data Center Storage Market Analysis by Mordor Intelligence

The Singapore data center storage market stood at USD 1.20 billion in 2025 and is forecast to touch USD 1.47 billion in 2030, reflecting a steady 3.44% CAGR. The measured pace stems from a policy shift that rewards energy-efficient capacity rather than sheer floor space, tying new power allocations to strict sustainability metrics [1]Economic Development Board, “Singapore to Expand Data Centre Capacity by At Least One-Third,” edb.gov.sg. Heightened AI adoption is accelerating demand for low-latency flash arrays, while recent data-sovereignty rules push enterprises toward storage architectures with granular governance controls. [2]Personal Data Protection Commission, “Advisory Guidelines on Use of Personal Data in AI Recommendation and Decision Systems,” pdpc.gov.sg Cross-border expansion into the Johor-Singapore Special Economic Zone eases land constraints yet adds complexity in compliance and operations. Meanwhile, the rising carbon tax, set to hit SGD 50-80 per tonne by 2030, is fast-tracking the move from HDD to all-flash storage that can cut power draw by as much as 85%

Key Report Takeaways

  • By storage technology, the SAN segment held 47.28% of the Singapore data center storage market share in 2024, while NAS is projected to expand at a 5.2% CAGR to 2030. 
  • By storage type, traditional HDD arrays accounted for 40.12% share of the Singapore data center storage market size in 2024 and all-flash arrays are advancing at a 6.8% CAGR through 2030. 
  • By data-center type, hyperscalers and cloud service providers led with 63.59% revenue share in 2024; the segment records the highest forecast CAGR at 8.3% to 2030. 
  • By end user, IT & telecommunications captured 39.24% share of the Singapore data center storage market size in 2024, while healthcare and life sciences show the fastest growth at 6.4% CAGR through 2030. 
  • By form factor, rack-mounted systems commanded 67.45% of the Singapore data center storage market share in 2024; blade and modular systems are set to grow at 5.2% CAGR between 2025 and 2030. 
  • By interface, SAS/SATA retained 52.23% share in 2024, whereas NVMe is forecast to grow at 9.2% CAGR to 2030.

Segment Analysis

By Storage Technology: SAN Retains Core Workloads

Storage Area Networks captured 47.28% share in 2024, reflecting their position as the performance backbone for financial and telco applications that demand low-latency block storage. NAS, scaling at 5.2% CAGR, is taking on collaborative workloads and edge ingestion use cases where flexible file protocols matter. The Singapore data center storage market continues to blend both technologies in hybrid estates that add object storage tiers for long-term archives. Vendor roadmaps increasingly offer unified management layers, allowing operators to shift datasets between SAN and NAS without downtime.

Disaggregated memory architectures described in US Patent US10917321B2 offer an emerging option that separates compute from storage to optimize resource use. Early proofs suggest improved utilization rates that reduce stranded capacity, a compelling benefit as carbon-based cost pressures intensify across the Singapore data center storage market.

Singapore Data Center Storage Market
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By Storage Type: Flash Gains at the Expense of HDD

Traditional HDD arrays still hold 40.12% share in 2024, yet all-flash arrays rise the fastest at 6.8% CAGR. The switch is driven by tangible performance gains—sub-millisecond latency and higher IOPS—that directly improve AI and analytics workloads. The Singapore data center storage market for all-flash arrays is projected to grow by 2030, reflecting falling media costs and rising energy prices that favor flash's lower watt-per-IO profile.

Public-sector projects illustrate flash economics vividly: a ministerial deployment reduced rack space by 94% and cut energy bills in half. [3]Pure Storage, "Empowering Singapore's Public Sector to be AI-Ready," purestorage.comFlash density roadmaps that promise 150 TB and 300 TB drives by 2026 will only hasten HDD retirement, though hybrid systems remain in play for tier-2 workloads through the mid-term horizon of the Singapore data center storage market.

By Data Center Type: Hyperscalers Lead Build-Outs

Hyperscalers and cloud service providers controlled 63.59% of capacity in 2024 and are expanding at an 8.3% CAGR to 2030. Investments such as Equinix SG6 and Digital Realty’s upcoming campuses showcase purpose-built halls with liquid cooling and AI-optimized power trunks. Colocation operators cater to hybrid enterprise requirements, while edge micro-sites emerge around transport hubs to shave latency for real-time apps. The Singapore data center storage market benefits from the hyperscaler ecosystem by absorbing procurement volume, which drives down flash pricing for smaller buyers.

Edge and enterprise facilities still matter for data sovereignty. Banks and healthcare providers routinely split workloads across on-premises hardware and colocation racks to satisfy residency mandates, reinforcing a multi-tier structure that underpins the broader Singapore data center storage market.

By End User: Healthcare Accelerates Digital Uptake

IT and telecommunications held 39.24% revenue in 2024 on the back of 5G and SaaS growth. Healthcare and life sciences, the fastest mover at 6.4% CAGR, require high-throughput storage for imaging and genomics processing. Compliance-ready colocation sites like Iron Mountain SIN-1 attract hospitals that need audited environments . Government agencies continue to modernize infrastructure guided by the Green Data Centre Roadmap, often setting sustainability benchmarks later adopted by private firms participating in the Singapore data center storage market.

Media, entertainment, and manufacturing add further diversity with bursty content workloads and factory-floor analytics respectively. Vendors now position software-defined storage bundles tuned to vertical needs, a sign of maturing segmentation within the Singapore data center storage industry.

By Form Factor: Blades Pack More Terabytes per Rack

Rack systems own 67.45% share owing to their plug-and-play nature. Blades and modular designs, climbing at 5.2% CAGR, shrink overhead cabling and share power supplies, making them attractive where floor space is scarce. The Singapore data center storage market size for blade systems is projected to rise in tandem with liquid-cooling adoption that allows denser compute nodes per enclosure.

Composable architectures let operators spin up storage pools on demand, aligning with AI bursts without locking capital into static racks. As carbon taxation tightens, form factors that maximize watts-to-IO ratios gain preference across the Singapore data center storage market.

Singapore Data Center Storage Market
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Note: Segment shares of all individual segments available upon report purchase

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By Interface: NVMe Becomes the De-Facto Default

SAS/SATA still connect over half of installed drives, yet NVMe races ahead at 9.2% CAGR thanks to its direct PCIe pathway and rich parallelism. Micron’s 200-layer SSD line proves performance gains of 34% lower read latency, translating into faster model convergence for AI workloads. NVMe-over-Fabrics extends these benefits across Ethernet fabrics, cutting latency penalties associated with network hops.

Enterprises in the Singapore data center storage market increasingly specify NVMe for new deployments, planning phased migrations that retire SAS/SATA shelves as warranties expire. Fibre Channel retains a niche in mission-critical banking systems where deterministic throughput matters, preserving interface diversity through this forecast window.

Geography Analysis

Singapore hosts 87 active data centers with 1,026 MW of installed power, the largest cluster in Southeast Asia. A national roadmap adds 300 MW yet ties allocations to efficiency metrics, spurring innovations in liquid cooling and renewables, including Keppel’s hydrogen-powered floating data-center concept. These innovations ripple through the Singapore data center storage market by prioritizing low-power flash arrays and advanced management software able to throttle idle disks.

The Johor-Singapore Special Economic Zone supplements land and energy supply without diluting Singapore’s connectivity advantage. NTT DATA’s 290 MW Johor campus will feed Singapore workloads via mesh fiber routes, effectively expanding the Singapore data center storage market size beyond national borders. Tax incentives—5% corporate rate for strategic sectors—further encourage operators to adopt a dual-site topology where compliance-sensitive data resides in Singapore and overflow or test environments sit across the border.

Across Asia-Pacific, demand for AI-ready racks is outstripping supply by an estimated 15-25 GW through 2028. Malaysia expects 72% growth in its data-center sector by 2028 with MYR 17 billion in Johor investments. This regional surge positions Singapore as command center and compliance anchor for multinationals, sustaining throughput to the Singapore data center storage market even when some compute shifts overseas.

Competitive Landscape

Established vendors Dell Technologies, HPE, and NetApp maintain deep channel presence, yet flash-first specialists and cloud-native services are reshaping buyer preferences. Pure Storage, through its NCS alliance, won a landmark public-sector deal that cut floor space by 94% while boosting AI performance . That reference account spurred private-sector interest and intensified competition in the Singapore data center storage market.

Traditional players respond by expanding all-flash portfolios and embedding software layers that unify block, file, and object services. NetApp’s 2025 roadmap stresses data fabric capabilities that move datasets seamlessly between SAN, NAS, and public-cloud bucket. Cloud operators leverage in-house silicon and global scale, bundling storage with AI accelerators and managed services that sidestep on-premises capex.

White-space opportunities exist in disaggregated memory architectures and cross-border data-replication tools optimized for the Johor-Singapore corridor. Patent activity around compute-memory separation underscores a shift toward resource-pooling that aligns with sustainability objectives in the Singapore data center storage market.

Regulation acts as both hurdle and differentiator. The Digital Infrastructure Act designates data centers critical infrastructure, requiring advanced resilience layers, multi-site failover, and audited supply chains. Vendors able to embed encryption, automated recovery, and power-efficiency reporting at platform level win mindshare, tightening the link between compliance and product design.

Singapore Data Center Storage Industry Leaders

  1. Dell Technologies

  2. Hewlett Packard Enterprise

  3. NetApp

  4. Huawei Technologies

  5. Pure Storage

  6. *Disclaimer: Major Players sorted in no particular order
Singapore Data Center Storage Market Concentration
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Recent Industry Developments

  • April 2025: Pure Storage and NCS modernized a Singapore ministry’s storage, cutting physical space by 94% and enhancing AI throughput
  • April 2025: NTT DATA bought a 68.5-acre Johor Bahru site for a 290 MW campus, with first 48 MW live in 2027
  • March 2025: Kioxia unveiled the LC9 Series 122.88 TB NVMe SSD targeting AI workloads
  • February 2025: IMDA issued advisory guidelines for cloud and data-center resilience, emphasizing risk assessments and continuity planning

Table of Contents for Singapore Data Center Storage Industry Report

1. Introduction

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Government Green DC power-allocation (300 MW) unlocks flash-storage capex
    • 4.2.2 AI build-outs demand ultra-low-latency NVMe arrays
    • 4.2.3 Surge in data-sovereignty rules (PDPA amendments)
    • 4.2.4 Expansion of IT infrastructure and cloud on-ramps
    • 4.2.5 Hyperscale investment pipeline (Equinix, Digital Realty)
    • 4.2.6 Johor-Singapore SEZ enabling modular cross-border storage pods
  • 4.3 Market Restraints
    • 4.3.1 High upfront capex of enterprise-grade storage
    • 4.3.2 Land-and-power scarcity despite moratorium lift
    • 4.3.3 SSD controller supply-chain volatility (geo-political)
    • 4.3.4 Rising carbon-tax / ESG compliance costs
  • 4.4 Value / Supply-Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 Porters Five Forces
    • 4.7.1 Threat of New Entrants
    • 4.7.2 Bargaining Power of Buyers
    • 4.7.3 Bargaining Power of Suppliers
    • 4.7.4 Threat of Substitutes
    • 4.7.5 Intensity of Competitive Rivalry
  • 4.8 Assessment of Macro Economic Trends on the Market

5. Market Size and Growth Forecasts (Value)

  • 5.1 By Storage Technology
    • 5.1.1 Network Attached Storage (NAS)
    • 5.1.2 Storage Area Network (SAN)
    • 5.1.3 Direct Attached Storage (DAS)
    • 5.1.4 Object and Tape Storage
  • 5.2 By Storage Type
    • 5.2.1 Traditional HDD Arrays
    • 5.2.2 All-Flash Arrays (AFA)
    • 5.2.3 Hybrid Storage
  • 5.3 By Data Center Type
    • 5.3.1 Hyperscalers/Cloud Service Provider
    • 5.3.2 Colocation Facilities
    • 5.3.3 Enterprise and Edge
  • 5.4 By End User
    • 5.4.1 IT and Telecommunication
    • 5.4.2 BFSI
    • 5.4.3 Government and Public Sector
    • 5.4.4 Media and Entertainment
    • 5.4.5 Healthcare and Life Sciences
    • 5.4.6 Manufacturing
  • 5.5 By Form Factor
    • 5.5.1 Rack-mounted
    • 5.5.2 Blade and Modular
    • 5.5.3 Disaggregated / Composable
  • 5.6 By Interface
    • 5.6.1 SAS / SATA
    • 5.6.2 NVMe
    • 5.6.3 Fibre Channel and iSCSI

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (includes Global-level Overview, Market-level Overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share, Products and Services, Recent Developments)
    • 6.4.1 Dell Technologies
    • 6.4.2 Hewlett Packard Enterprise
    • 6.4.3 NetApp
    • 6.4.4 Huawei Technologies
    • 6.4.5 Pure Storage
    • 6.4.6 Lenovo
    • 6.4.7 Fujitsu
    • 6.4.8 Oracle
    • 6.4.9 Seagate Technology
    • 6.4.10 Kingston Technology
    • 6.4.11 IBM
    • 6.4.12 Hitachi Vantara
    • 6.4.13 Western Digital
    • 6.4.14 Micron Technology
    • 6.4.15 Kioxia Singapore
    • 6.4.16 Amazon Web Services
    • 6.4.17 Microsoft Azure
    • 6.4.18 Inspur
    • 6.4.19 Supermicro
    • 6.4.20 Synology
    • 6.4.21 QNAP Systems

7. Investment Analysis

8. Market Opportunities and Future Outlook

  • 8.1 White-space and Unmet-need Assessment
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Research Methodology Framework and Report Scope

Market Definitions and Key Coverage

Our study treats the Singapore data center storage market as the sale of disk-based and solid-state storage subsystems, related firmware, and management software that are installed inside professionally run, carrier-grade data center facilities. The count covers racks deployed in hyperscale, colocation, enterprise, and edge sites that sit within Singapore's borders and serve local or regional workloads.

Scope exclusion: Backup appliances sitting in branch offices or disaster-recovery vaults outside a tiered data-center environment are not counted.

Segmentation Overview

  • By Storage Technology
    • Network Attached Storage (NAS)
    • Storage Area Network (SAN)
    • Direct Attached Storage (DAS)
    • Object and Tape Storage
  • By Storage Type
    • Traditional HDD Arrays
    • All-Flash Arrays (AFA)
    • Hybrid Storage
  • By Data Center Type
    • Hyperscalers/Cloud Service Provider
    • Colocation Facilities
    • Enterprise and Edge
  • By End User
    • IT and Telecommunication
    • BFSI
    • Government and Public Sector
    • Media and Entertainment
    • Healthcare and Life Sciences
    • Manufacturing
  • By Form Factor
    • Rack-mounted
    • Blade and Modular
    • Disaggregated / Composable
  • By Interface
    • SAS / SATA
    • NVMe
    • Fibre Channel and iSCSI

Detailed Research Methodology and Data Validation

Primary Research

We conducted structured discussions with facility operators, storage architects, channel distributors, and procurement leads across Jurong, Tai Seng, and Woodlands. Insights on utilization ratios, average selling prices, and NVMe adoption curves were collected and then cross-checked with regional system integrators to validate assumptions for growth beyond 2027.

Desk Research

Mordor analysts screened open datasets and publications from the Infocomm Media Development Authority, the Energy Market Authority's half-yearly electricity statistics, the Building and Construction Authority's Green Mark register, and customs shipment records shared by Singapore Customs. Trade association white papers from the Storage Networking Industry Association, peer-reviewed articles captured on Questel, and public company filings enriched the technical and financial inputs. Paid repositories such as D&B Hoovers and Dow Jones Factiva supplied verified revenue splits and shipment commentary. This list is illustrative; many additional public records and specialist databases informed the evidence base.

Market-Sizing & Forecasting

A top-down build anchored on IMDA published installed IT load was first mapped to average gigabytes per megawatt to reconstruct storage demand, which was subsequently reconciled with selective bottom-up checks such as sampled vendor invoices and channel sell-through data. Key variables like flash share, rack power density, Green DC power allocations, and carbon-tax escalation drive the annual capacity additions in our model. A multivariate regression, informed by primary consensus on flash price erosion and hyperscale capacity plans, generates the 2025-2030 trajectory. Gaps where channel data remained opaque were bridged using conservative penetration assumptions that were again validated through expert callbacks.

Data Validation & Update Cycle

Outputs flow through variance scans against historical power-draw benchmarks and customs import volumes. Senior reviewers challenge anomalies before sign-off. The dataset refreshes each year, and interim updates are triggered when policy shifts or large site announcements alter demand fundamentals. A last-mile review is completed just before report release.

Why Mordor's Singapore Data Center Storage Baseline proves dependable

Estimates for this niche often diverge because publishers pick dissimilar facility scopes, bundle on-premise gear, or apply aggressive flash price curves.

Key gap drivers include the tendency of some studies to fold enterprise server storage into data-center totals, to assume uniform rack densities, or to roll forward last year's numbers without factoring the IMDA-led cap on new power allotments. Mordor's page isolates in-facility hardware only, applies site-level PUE factors, and updates the model every twelve months, creating a steadier baseline.

Benchmark comparison

Market Size Anonymized source Primary gap driver
USD 1.20 B (2025) Mordor Intelligence
USD 1.80 B (2024) Regional Consultancy A Includes office backup arrays and tape libraries sold to enterprises outside tiered data centers
USD 1.00 B (2024) Industry Portal B Tracks storage-as-a-service revenue yet omits hyperscale hardware purchases

In summary, the contrasts show that Mordor's disciplined scope selection, variable transparency, and yearly refresh cadence deliver a balanced figure decision-makers can trust.

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Key Questions Answered in the Report

What is the forecast growth rate for the Singapore data center storage market?

The market is projected to grow at a 3.44% CAGR from USD 1.20 billion in 2025 to USD 1.47 billion in 2030.

Which segment holds the largest share in the Singapore data center storage market?

Hyperscalers and cloud service providers lead with 63.59% revenue share in 2024, reflecting strong investment pipelines.

Why are all-flash arrays gaining momentum in Singapore?

Flash delivers lower latency and higher IOPS while consuming up to 85% less power than HDD, aligning with carbon-tax pressures and Green DC mandates.

How do new PDPA rules affect storage buying decisions?

Stricter data-sovereignty requirements drive adoption of architectures with encryption, audit trails, and regional data-residency controls.

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