APAC Data Center Asset Values Could Hit $1 Trillion By 2030, Cushman & Wakefield Forecasts

Data center asset values across APAC could approach $1 trillion by 2030, according to Cushman & Wakefield. The firm estimates that more than $280 billion in capital expenditure will be needed, with over 77% directed toward Japan, Malaysia, Australia, India, and Indonesia. AI adoption, cloud growth, and digital transformation are expected to drive investment, with Japan accounting for nearly a quarter of the region’s projected capital needs.

Cushman & Wakefield said APAC has significant room for data center growth, with capacity potentially increasing 2.7x.
More than $43 billion in debt financing has been raised over the past two years, while annual colocation revenue could exceed $66 billion by 2030.
Japan, Australia, Malaysia, India, and China are expected to account for 71% of regional revenue.

“APAC remains one of the most compelling digital infrastructure investment opportunities globally,” said Pritesh Swamy, head of research and consulting, Data Center Group, APAC, Cushman & Wakefield. “The sector's growth is no longer driven solely by digital adoption. Investors are increasingly responding to the scale of infrastructure required to support AI, cloud computing and rapidly growing data consumption across the region. The imbalance between demand and available infrastructure continues to create significant opportunities for capital deployment.”

Gordon Marsden, head of global capital, APAC and EMEA, Cushman & Wakefield, added: “What we're seeing is growing conviction among institutional investors that data centers are no longer a niche alternative asset class but a critical component of modern infrastructure portfolios. Strong financing activity, increasing demand visibility and long-term revenue growth are supporting continued capital deployment across the region.”