The China data center
market is anticipated to witness a growth of double-digit CAGR in the forecast
period, 2023-2027. Expansion of the IT industry, use of advanced technologies
by enterprises to remain competitive in the market, and the rapid construction
of data centers are the primary factors driving the growth of the China data
center market in the forecast period.
Data center is a
physical facility that becomes the central host of IT equipment and operation.
They are considered the powerhouse of the industrial world. Organizations are
continuously changing how they operate to meet the changing and developing
economy's requirements to boost power and data generation. Organizations can
generally not handle vast amounts of data internally or with their existing
infrastructure, and data centers provide the opportunity to organizations to
outsource to meet their power requirements. Data centers actively privatize the
power to ensure that each business is connected to each grid to reduce
operational and maintenance costs incurred in the process.
Advancement Of IT Infrastructure in
Enterprise Drives the Market Growth
The rise in efforts to construct data
centers at a large scale to meet the accelerating demand from enterprises to
scale up their data centers operations is influencing the market demand. The
application of novel technologies such as the internet of things, artificial
intelligence, machine learning, along with the deployment of 5G technology,
fuel the demand for reliable data services to meet the enterprises' high
computational power needs. The development of the telecommunication industry
and rapid growth of internet users in the country is expected to boost the
demand for China data center market.
China boasts of one of the largest
numbers of supercomputers around the world and witnesses a high demand for fast
computational speed for commercial applications. The surge in the efforts made
by the leading authorities to make China one of the prominent powerhouses in
the world is fueling the construction of data centers in the country.
Leading authorities are encouraging the
adoption of internet technology in the private and public business sectors,
promoting the country's digital transformation. The proliferation and adoption
of online payment gateways, mobile wallets, net banking by the consumers, and
the rise in the number of IT players operating in the province are expected to
fuel the China data center market growth.
Proliferation Of E-Commerce Sector Fuels
Market Growth
An increase in the number of market
players availing the online sales channel as a medium to sell the products and
expand the consumer base to boost the reach of their products at global levels
is expected to influence the market demand. Market players are investing in
providing a personalized shopping experience to customers by buying various
data analytics tools and software to enhance the services offered to the
customers. They store vast amounts of data for processing and generate needful
insights to make marketing strategies stay ahead. Customers enter their
personal information along with contact and delivery details to facilitate easy
delivery of products which is expected to propel the need for data centers to store
and manage the data efficiently.
Download Free Sample Report
Market Segmentation
The China data center market is
segmented on the basis of solution, type, end user industry, regional distribution, and company. Based
on the solution, the market is divided into IT infrastructure,
general infrastructure, electrical infrastructure, mechanical infrastructure,
and others. Based on the type, the market is bifurcated into corporate and
web hosting. Based on the payment mode, the market is divided into IT & telecom, government, BFSI, healthcare and others.
To analyze the market based on the region, the China data center market is
studied in major regions namely East China, North China, North East China,
South Central China, North West China, South West China.
Market Players
21Vianet Group, GDS Holdings Limited,
Alibaba Group Holding Limited, China Mobile Limited, Beijing Sinnet Technology
Co. Ltd, China Telecommunications Corporation, Shanghai AtHub Co. Ltd., Wangsu
Science & Technology Co. Ltd., China United Network Communications Group
Co. Ltd., are among the major market players in the China that lead the market
growth of the China data center market.
Attribute
|
Details
|
Base Year
|
2021
|
Historic Data
|
2017 –
2020
|
Estimated Year
|
2022
|
Forecast Period
|
2023
– 2027
|
Quantitative Units
|
Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027
|
Report coverage
|
Revenue
forecast, company share, competitive landscape, growth factors, and trends
|
Segments covered
|
·
Solution
·
Type
·
End User Industry
|
Regional scope
|
East
China, North China, North East China, South Central China, North West China, South
West China
|
Key companies profiled
|
21Vianet Group, GDS Holdings Limited, Alibaba Group Holding
Limited, China Mobile Limited, Beijing Sinnet Technology Co. Ltd, China
Telecommunications Corporation, Shanghai AtHub Co. Ltd., Wangsu Science &
Technology Co. Ltd., China United Network Communications Group Co. Ltd.
|
Customization scope
|
10%
free report customization with purchase. Addition or alteration to regional
& segment scope.
|
Pricing and purchase options
|
Avail customized purchase options to meet your exact research
needs. Explore purchase options
|
Delivery Format
|
PDF and
Excel through Email (We can also provide the editable version of the report
in PPT/Word format on special request)
|
Report Scope:
In this report, China data center market
has been segmented into following categories, in addition to the industry
trends which have also been detailed below:
- China Data Center Market, By Solution:
- IT Infrastructure
- General Infrastructure
- Electrical Infrastructure
- Mechanical Infrastructure
- Others
- China Data Center Market, By Type:
- China Data Center Market, By End User Industry:
- IT & Telecom
- Government
- BFSI
- Healthcare
- Others
- China Data Center Market, By Region:
- East China
- North China
- North East China
- South Central China
- North West China
- South West China
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in China data center market.
Available Customizations:
With the given market data, TechSci Research offers
customizations according to a company’s specific needs. The following
customization options are available for the report:
Company
Information
- Detailed analysis and profiling of additional
market players (up to five).
China data center market is an upcoming
report to be released soon. If you wish an early delivery of this report or
want to confirm the date of release, please contact us at [email protected]