Equinix REIT : How Singapore defies the global pandemic with record levels of internet traffic exchange

The post-pandemic new reality is taking shape in all forms of uncertainties, complexities and opportunities. These shifts and adaptations that many have had to make have fast-tracked existing changes that led to a boom in demand for data to support remote working, and accelerated digital and cloud adoption, resulting in record levels of internet traffic exchanged. Thankfully, we are better equipped today to battle this unprecedented surge in data demand with widespread deployment of information and communication technologies (ICT), alongside technologies such as 4G and 5G, cloud computing, and artificial intelligence.

Participating at the Pacific Telecommunications Conference (PTC) 2021, we discussed how shifts in our digital economy have created digital advantages for businesses. Held virtually for the first time, the conference themed 'New Realities' saw Equinix speak about where companies plan to deploy more capital to meet the growing demand for data. One particular region that stood out is Asia-Pacific.

On the Equinix Internet Exchange™, internet traffic in Asia-Pacific has received a record growth of 44% CAGR over the past five years. Upon closer look, the trend in the steep internet traffic increase has been and is still led by Singapore - a digital hub for both Asia-Pacific, and for the world. Over the past five years, Singapore has emerged as one of the top internet exchange points (IXP) by size worldwide, growing at 53% CAGR.