Data center asset values in the Asia Pacific region could reach nearly $1 trillion by 2030, according to new research from Cushman & Wakefield.

In its 2026 Asia Pacific Data Center Investment Landscape report, the commercial real estate services firm said that more than $280 billion in capital expenditure would be required to support this development.

More than 77 percent of this investment would be concentrated in Japan, Malaysia, Australia, India, and Indonesia, the report said, with investment driven by AI adoption, cloud expansion, and digital transformation across APAC.

Japan alone accounts for nearly a quarter of projected capital requirements for the region.

Cushman & Wakefield said there was “substantial runway” for future infrastructure investment and development, given that APAC accounts for more than 60 percent of the world’s population but just 22 percent of its global operational data center capacity.

Data center capacity could increase by more than 2.7 times, which Cushman & Wakefield said would outpace its projections for the Americas, at 2.6 times (albeit from a larger base).

The report also looks at how debt financing is being used to raise capital for the buildout, with more than $43bn in publicly announced debt financing raised across APAC over the last two years.

Annual colocation revenue will exceed $66bn by 2030, with Japan, Australia, Malaysia, India, and China, accounting for around 71 percent of the total regional revenue, the report said.

“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.”