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NEW YORK, July 22, 2022 /PRNewswire/ — Data centers are facilities that consist of computing, storage, and networking components that are used by enterprises to organize, process, store, and distribute large volumes of data. Enterprises rely heavily on applications and data, which are securely stored in data centers.
As per Technavio, the data center market size in China is expected to grow by USD 55.30 bn from 2020 to 2025. Moreover, the growth momentum of the market will accelerate at a CAGR of 23.72% during the forecast period.
Get a comprehensive report summary describing the market size and forecast along with research methodology. The sample report is available in PDF format
- What was the year-over-year growth rate of the market in 2021?
The year-over-year growth rate of the market in 2021 was 20.81%. - Is the market concentrated or fragmented?
The market is fragmented. - What is the parent market of the data center market in China?
The global Internet services and infrastructure market is the parent market of the data center market in China. - What are the drivers and challenges impacting the market?
The rising demand for hyper-converged data centers is driving the data center market growth in China. However, factors such as the growing focus on consolidating data centers may challenge the market growth.
The data center market in China report covers the following areas:
- Data Center Market in China Size
- Data Center Market in China Trends
- Data Center Market in China Industry Analysis
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Alibaba group holding ltd, Baidu Inc., China Mobile Ltd, China Unicom (Hong Kong) Ltd, Digital Realty Trust Inc, Eaton Corp. Plc, Equinix Inc., Fujitsu Ltd., Global Switch Holdings Ltd., and Tencent …
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