Market Research Reports - Ken Research Malaysia Data Centre, Hosting Services Market | Page 2

Colocation services are usually procured by companies that require large DC space for a longer duration of time. In Malaysia the major industries that use colocation services are banking & finance, government agencies and oil and gas sector. Managed hosting services are usually procured by industries that do not wish to spend much on the handling of data, companies that do not have excessive data and only require small or medium space or companies that do not have expertise in handling and managing data. In Malaysia, these industries mainly comprise of IT & ITES (IT enabled services) companies, manufacturing companies, healthcare, retail, automotive, education, media and other industries. Which are the Major Industries Procuring Data Centre Services in Malaysia? In Malaysia the largest consumer for data centre services are banking, finance and insurance industry. In 2017, ~% of the total revenue generated by the data centre market in Malaysia was contributed by the Banking, Financial Services and Insurance (BFSI) industry. These banking and finance companies majorly procure colocation services. The data stored by the companies from the BFSI industry is highly confidential and companies often implement extra security measures (apart from the security measures provided by the DC operator) for protection of the data.