China Data Center Market 2023-2027

Data Center Market in China 2023-2027

Technavio has been monitoring the data center market in China and is forecast to grow by $101794 mn during 2022-2027, accelerating at a CAGR of 27.22% during the forecast period. Our report on the data center market in China provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising demand for hyper-converged data centers, growing need for cloud storage, and increasing demand for supercomputing.

Technavio's data center market in China is segmented as below:

By Component

• IT infrastructure
• Power management
• Mechanical construction
• General construction
• Others

By End-user

• BFSI
• Telecom and IT
• Government
• Energy and utilities
• Others

This study identifies the use of server disaggregation to improve utilization rates as one of the prime reasons driving the data center market growth during the next few years. Also, the emergence of containerized data centers and the growing demand for flash-based storage devices will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the data center market in China covers the following areas:

• Data center market sizing
• Data center market forecast
• Data center market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading data center market vendors that include Alibaba Group Holding Ltd., AT and T Inc., Baidu Inc., Beijing Sinnet technology Co. Ltd., China Mobile Ltd., China Telecom Corp. Ltd., China Unicom (Hong Kong) Ltd., CICC Data Group Co. Ltd., Digital Realty Trust Inc., Eaton Corp. Plc, Equinix Inc., Fujitsu Ltd., GDS Holdings Ltd., Global Switch Ltd., Shanghai Dataport Co. Ltd., Telstra Ltd., Tencent Holdings Ltd., VNET Group Inc., Wangsu Science and Technology Co. Ltd., and Zenlayer Inc. Also, the data center market in China analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.