Data Center Market in China to grow by USD 181335.6 million between 2024-2028
According to a research report “ Data Center Market in China” by Component (IT infrastructure, Power management, Mechanical construction, General construction, Others) End-user (BFSI, Telecom and IT, Government, Energy and utilities, Others) Geography (APAC)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 181335.6 million at a CAGR of 34.28% during the forecast period. In the Chinese data center market, the trend toward converged and hyper-converged infrastructure solutions has gained significant traction. These solutions, which integrate computing, networking, servers, storage, and virtualization tools into turnkey appliances, are preferred by organizations due to their cost-effective implementation. Hyper-convergence, in particular, allows IT service providers to operate technologies as a unified system. The adoption of these solutions is more prevalent than standalone infrastructure in China..
Browse market data tables, figures, and in-depth TOC on “Data Center Market in China” by Component (IT infrastructure, Power management, Mechanical construction, General construction, Others) End-user (BFSI, Telecom and IT, Government, Energy and utilities, Others) Geography (APAC) Global Forecast to 2028.
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By Component, the IT infrastructure segment is projected to dominate the market size in 2024.
The Data Center market in China is experiencing significant growth, driven by increasing digitalization and the expanding e-commerce sector. Major tech companies are investing heavily in establishing and expanding their data center infrastructure, fueling market expansion. China's favorable business environment, large population, and government initiatives to promote digital transformation further boost market prospects.
By End-user, BFSI segment is expected to hold the largest market size for the year 2024.
The Data Center market in China is experiencing significant growth, driven by increasing digitalization and the expanding e-commerce sector. Major tech companies are investing heavily in establishing and expanding their data center infrastructure, fueling market expansion. China's favorable business environment, large population, and government initiatives to promote digital transformation further boost market prospects.
APAC is forecasted to hold the largest market size by region in 2024.
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The Data Center Market in China growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:
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Research Analysis Overview
In the dynamic and evolving technology landscape, China's data center market continues to thrive, driven by advanced technologies such as Cloud computing, Machine Learning, and Artificial Intelligence. Modern business processes increasingly rely on automation, sustainability, and hyper scalability, leading large enterprises to invest in Cloud services and Micro data centers. Edge computing services are also gaining traction to enhance data transmission speeds and cater to the expanding user base. The Chinese data center market is subject to regulatory requirements and growing data storage needs. To address these challenges, the adoption of renewable energy sources like Hydroelectric electricity, Wind, and Solar is on the rise. Green data centers are becoming increasingly popular, focusing on efficient infrastructure, computing power, and storage capacity to ensure business scalability. Energy-efficient solutions are a priority, making 5G network integration a significant development in the market. Overall, the Data Center Market in China is poised for growth, driven by digital services and the integration of advanced technologies.
Market Research Overview
In the dynamic and evolving Data Center Market in China, corporations are increasingly focusing on Software Testing and ensuring security concerns for their critical digital data. Enterprise Engineering Solutions are being implemented to optimize operating conditions and maintain asset performance management. Energy consumption is a significant concern, leading to the adoption of Green data centers, which utilize electricity from renewable energy sources such as Hydroelectric electricity, Wind, and Solar. Modern business processes demand high capacity Data Centers, with large enterprises opting for Hyperscale data centers, while small enterprises explore Modularized, Compact, and Portable data centers. Cloud service providers offer Cloud services, including Edge computing and Machine Learning, enabling advanced technologies and automation for expanding user bases. The Data Center Market in China is subject to regulatory requirements and evolving digital services, necessitating Business scalability and efficient infrastructure. Technology providers and Cloud service providers are investing in Virtualization, Enterprise network equipment, and the Software and Hardware segments to cater to the diverse needs of Data center operators. The market is witnessing a shift towards sustainability, with a focus on energy efficiency solutions and Hyper scalability. Key trends include the adoption of 5G network, Data transmission speeds, and the integration of Artificial Intelligence and Machine Learning for improved functionality.
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