China Data Center Market to be dominated by IT & Telecom industry till 2027
Growing demand for hyper-converged data centers and increasing
investments in quantum computing are driving the demand for China data center
market in the forecast period, 2023-2027.
According
to TechSci Research report, “China Data Center Market By Region, Competition
Forecast & Opportunities, 2027”,
the China data center market is expected to grow at an impressive rate in the
forecast period, 2023-2027. The growth of the business industry and the rise in
the number of online users, coupled with the development of IT infrastructure,
are expected to create growth opportunities for market growth. Implementation
of advanced technologies leads to the growing demand for higher bandwidth
networking infrastructure. Companies are acquiring and developing
carrier-neutral edge data centers to support enterprises and construct
hyper-scale data centers in the province.
The
outbreak of COVID-19 made the government authorities take preventive measures
to contain the spread of novel coronavirus. Enterprises, institutions, and the
leading officials deployed many measures. They promoted the use of advanced
technologies such as online classes to ensure that efficiency is not affected
in the process. Organizations offered the employees facilities like work from
home, bring your own device, and the e-commerce industry witnessed massive
growth during this period. Production of data at a large scale and the
continuous use of smart devices were significant drivers. They accelerated the
development of China data center market in this period.
However,
the requirement of high initial capital cost and privacy issues may restrain
the growth of the China data center market in the forecast period.
Browse over XX market data Figures spread through 70 Pages and an in-depth TOC on "China
Data Center Market"
https://www.techsciresearch.com/report/china-data-center-market/9332.html
The
China data center market is segmented on the basis of solution, type, end user
industry, competitional landscape, and regional distribution.
On the basis of solution, the China data
center market is divided into IT infrastructure, general infrastructure,
electrical infrastructure, mechanical infrastructure, and others. The
electrical infrastructure is expected to account for a significant market share
in the forecast period. Data centers are designed to deploy 2N redundant UPS
systems, generators, and other infrastructure adopting N+N redundancy. Data
centers are of tier III and Tier IV standards, and the market players are
continuous investments for the up-gradation of the existing infrastructure. The
adoption of modular infrastructure solutions and smart power distribution
systems (PDU )in prefabricated data center deployment is increasing rapidly,
which is expected to create opportunities for the growth of the market in the
forecast period.
On the basis of type, the China data
center market is bifurcated into corporate and web hosting. The web hosting
segment is expected to witness substantial growth in five years. Datacenter web
hosting offers several advantages, including enhanced security, high uptime,
improved site performance, and on-site technical support. Organizations prefer
to avail web hosting services to help in the effective utilization of data and
provide unlimited bandwidth.
On the basis of the end user industry,
the China data center market is divided into IT & telecom, government,
BFSI, healthcare, and others. The IT & telecom end user industry is
expected to hold the largest market share in the predicted period. Earlier, the
data center was designed to support internal functions, but nowadays, they
deliver end-use applications, including video and content. Telecom industries
are expected to bolster the demand for data centers in the forecast period to
support cloud-based services, including software as a service (SaaS),
infrastructure as a service (IaaS), as they are transforming and adopting
modern solutions to stay ahead in the market.
Major market platers operating in the China
data center market are:
·
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.
Download Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=9332
Customers can
also request for 10% free customization on this report.
“Strong development initiatives taken up
by leading authorities in Beijing for the digital transformation of the country
and the increase in the amount of foreign direct investment for the development
and construction of data center is expected to influence the market growth.
Foreign investors can license their brand and technologies to China data center
market players and deliver technical support and maintenance services to
organizations expected to boost the proliferation of the data center market.
Furthermore, consumption of high-resolution videos, cloud gaming, and
self-driving cars, along with rapid adoption of 5G technology and emerging
technologies by organization, is expected to create substantial growth
opportunities for the growth for China data center market till 2027” said Mr.
Karan Chechi, Research Director with TechSci Research, a research based global
management consulting firm.
“China Data Center Market
By Solution (IT Infrastructure, General Infrastructure, Electrical
Infrastructure, Mechanical Infrastructure and Others), By Type (Corporate and
Web Hosting), By End User Industry (IT & Telecom, Government, BFSI, Healthcare
and Others), By Region, Competition Forecast & Opportunities, 2027”, has evaluated the future
growth potential of China data center market and provides statistics &
information on market size, structure and future market growth. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. Besides, the report also identifies and analyzes
the emerging trends along with essential drivers, challenges, and opportunities
in China data center market.
Contact
Mr. Ken Mathews
708
Third Avenue,
Manhattan,
NY,
New
York – 10017
Tel:
+1-646-360-1656
Email:
[email protected]