NEW YORK, June 12, 2023 /PRNewswire/ — The global data center market size in China is estimated to grow by USD 101,794 million from 2022 to 2027, according to Technavio. The market is estimated to grow at a CAGR of 27.22% during the forecast period. For more insights on the history (2017 to 2021) and forecast market size (2023 to 2027) – Request a sample report
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Data Center Market In China – Segmentation Assessment
Segment Overview
This data center market report in China extensively covers market segmentation by component (IT infrastructure, power management, mechanical construction, general construction, and others), and end-user (BFSI, telecom and IT, government, energy and utilities, and others).
The market share growth by the IT infrastructure segment will be significant for overall market growth during the forecast period. This segment is further segmented into servers, storage systems, and networking solutions. Furthermore, this segment is further segmented into servers, storage systems, and networking solutions. Moreover, hardware dependability and durability are essential to server operations and vendors test the functionality of the dual power supplies, RAID systems, a redundant array of independent disks, and error-correcting code (ECC) memory that make up a typical server. Hence, such factors drive the segment growth during the forecast period.
Insights on the market contribution of various segments, including country and region wise historic data (2017 to 2021), and forecast market size (2023 to 2027) – Download a Sample Report
Data Center Market in China – Market Dynamics
Key factor driving market growth
The rising demand for hyper-converged data centers notably drives the market growth. These solutions are a method of data center management that entails turning servers, storage, networking, and virtualization tools into turnkey appliances.Furthermore, IT service providers can combine technologies that can be used in a different integrated system due to hyper-convergence.Moreover, converged infrastructure solutions are preferred by businesses because of how inexpensively they can be implemented.Hence, such factors drive the market growth for the data center market in China during the forecast period.
Leading trends influencing the market
The emergence of containerized data centers is an emerging trend influencing market growth. To expand data center capacity, modular and containerized data centers are portable types of data centers are used.Furthermore, containerized data centers can be positioned wherever necessary, depending on the situation, and can be shipped, retrofitted, and added to existing data centers due to their integration with a number of modules.Additionally, as a result of the growing demand for data centers, several organizations have started to commercialize containerized data centers.Hence, such trends fuel the market growth during the forecast period.
Major challenges hindering the market growth
The high power consumption of data centers is a major challenge that may hinder market growth.There is a discrepancy between the supply and demand for energy in the country.Furthermore, the demand for power has risen quickly. Data centers require a lot of power in industries.Resultantly, data centers have high energy costs as one data center uses as much electricity as tens of thousands of households.Therefore, such factors may hinder the growth of the data center market in China during the forecast period.
Insights on Market Drivers, trends, & Challenges, historic period(2017 to 2021), and forecast period(2023 to 2027)- Request a sample report!
What are the key data covered in this Data Center Market Report in China?
CAGR of the market during the forecast periodDetailed information on factors that will drive the growth of the data center market in China between 2023 and 2027Precise estimation of the size of the data center market in China and its contribution to the market with a focus on the parent marketAccurate predictions about upcoming trends and changes in consumer behaviorGrowth of the data center market across ChinaA thorough analysis of the market’s competitive landscape and detailed information about vendorsComprehensive analysis of factors that will challenge the growth of the data center market in China vendors
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Related Reports:
The data center market in Europe is estimated to grow at a CAGR of 21.05% between 2022 and 2027. The market size is forecast to increase by USD 171.29 billion. The growth of the market depends on several factors, including the imposition of data protection regulation, the increasing adoption of big data analytics and the rising data center construction. The data center market in Europe report extensively covers market segmentation by end-user (medium and small enterprises and large enterprises) and component (IT infrastructure, power management, cooling solutions, general construction, and others).
The green data center market size is estimated to grow at a CAGR of 24.63% between 2022 and 2027. The market size is forecast to increase by USD 146.95 billion. This green data center market report extensively covers market segmentation by component (IT infrastructure, power solutions, general construction, cooling solutions, and monitoring and management), end-user (BFSI, energy, IT and telecom, and healthcare and others), and geography (Europe, North America, APAC, South America, and Middle East and Africa). The increasing electricity consumption and cost are notably driving green data center market growth.
Data Center Market Scope in China
Report Coverage
Details
Base year
2022
Historic period
2017-2021
Forecast period
2023-2027
Growth momentum & CAGR
Accelerate at a CAGR of 27.22%
Market growth 2023-2027
USD 101,794 million
Market structure
Fragmented
YoY growth 2022-2023 (%)
23.47
Competitive landscape
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Key companies profiled
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.
Market dynamics
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period.
Customization purview
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Table of Contents
1 Executive Summary
1.1 Market overview Exhibit 01: Executive Summary – Chart on Market OverviewExhibit 02: Executive Summary – Data Table on Market OverviewExhibit 03: Executive Summary – Chart on Country Market CharacteristicsExhibit 04: Executive Summary – Chart on Market Segmentation by ComponentExhibit 05: Executive Summary – Chart on Market Segmentation by End-userExhibit 06: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem Exhibit 07: Parent marketExhibit 08: Market Characteristics
3 Market Sizing
3.1 Market definition Exhibit 09: Offerings of vendors included in the market definition3.2 Market segment analysis Exhibit 10: Market segments3.3 Market size 2022 3.4 Market outlook: Forecast for 2022-2027Exhibit 11: Chart on China – Market size and forecast 2022-2027 ($ million)Exhibit 12: Data Table on China – Market size and forecast 2022-2027 ($ million)Exhibit 13: Chart on China: Year-over-year growth 2022-2027 (%)Exhibit 14: Data Table on China: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
4.1 Data center market in China 2017 – 2021Exhibit 15: Historic Market Size – Data Table on Data center market in China 2017 – 2021 ($ million)4.2 Component Segment Analysis 2017 – 2021Exhibit 16: Historic Market Size – Component Segment 2017 – 2021 ($ million)4.3 End-user Segment Analysis 2017 – 2021Exhibit 17: Historic Market Size – End-user Segment 2017 – 2021 ($ million)
5 Five Forces Analysis
5.1 Five forces summary Exhibit 18: Five forces analysis – Comparison between 2022 and 20275.2 Bargaining power of buyers Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2022 and 20275.3 Bargaining power of suppliers Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2022 and 20275.4 Threat of new entrants Exhibit 21: Threat of new entrants – Impact of key factors in 2022 and 20275.5 Threat of substitutes Exhibit 22: Threat of substitutes – Impact of key factors in 2022 and 20275.6 Threat of rivalry Exhibit 23: Threat of rivalry – Impact of key factors in 2022 and 20275.7 Market condition Exhibit 24: Chart on Market condition – Five forces 2022 and 2027
6 Market Segmentation by Component
6.1 Market segments Exhibit 25: Chart on Component – Market share 2022-2027 (%)Exhibit 26: Data Table on Component – Market share 2022-2027 (%)6.2 Comparison by Component Exhibit 27: Chart on Comparison by ComponentExhibit 28: Data Table on Comparison by Component6.3 IT infrastructure – Market size and forecast 2022-2027 Exhibit 29: Chart on IT infrastructure – Market size and forecast 2022-2027 ($ million)Exhibit 30: Data Table on IT infrastructure – Market size and forecast 2022-2027 ($ million)Exhibit 31: Chart on IT infrastructure – Year-over-year growth 2022-2027 (%)Exhibit 32: Data Table on IT infrastructure – Year-over-year growth 2022-2027 (%)6.4 Power management – Market size and forecast 2022-2027Exhibit 33: Chart on Power management – Market size and forecast 2022-2027 ($ million)Exhibit 34: Data Table on Power management – Market size and forecast 2022-2027 ($ million)Exhibit 35: Chart on Power management – Year-over-year growth 2022-2027 (%)Exhibit 36: Data Table on Power management – Year-over-year growth 2022-2027 (%)6.5 Mechanical construction – Market size and forecast 2022-2027 Exhibit 37: Chart on Mechanical construction – Market size and forecast 2022-2027 ($ million)Exhibit 38: Data Table on Mechanical construction – Market size and forecast 2022-2027 ($ million)Exhibit 39: Chart on Mechanical construction – Year-over-year growth 2022-2027 (%)Exhibit 40: Data Table on Mechanical construction – Year-over-year growth 2022-2027 (%)6.6 General construction – Market size and forecast 2022-2027 Exhibit 41: Chart on General construction – Market size and forecast 2022-2027 ($ million)Exhibit 42: Data Table on General construction – Market size and forecast 2022-2027 ($ million)Exhibit 43: Chart on General construction – Year-over-year growth 2022-2027 (%)Exhibit 44: Data Table on General construction – Year-over-year growth 2022-2027 (%)6.7 Others – Market size and forecast 2022-2027Exhibit 45: Chart on Others – Market size and forecast 2022-2027 ($ million)Exhibit 46: Data Table on Others – Market size and forecast 2022-2027 ($ million)Exhibit 47: Chart on Others – Year-over-year growth 2022-2027 (%)Exhibit 48: Data Table on Others – Year-over-year growth 2022-2027 (%)6.8 Market opportunity by Component Exhibit 49: Market opportunity by Component ($ million)Exhibit 50: Data Table on Market opportunity by Component ($ million)
7 Market Segmentation by End-user
7.1 Market segments Exhibit 51: Chart on End-user – Market share 2022-2027 (%)Exhibit 52: Data Table on End-user – Market share 2022-2027 (%)7.2 Comparison by End-user Exhibit 53: Chart on Comparison by End-userExhibit 54: Data Table on Comparison by End-user7.3 BFSI – Market size and forecast 2022-2027Exhibit 55: Chart on BFSI – Market size and forecast 2022-2027 ($ million)Exhibit 56: Data Table on BFSI – Market size and forecast 2022-2027 ($ million)Exhibit 57: Chart on BFSI – Year-over-year growth 2022-2027 (%)Exhibit 58: Data Table on BFSI – Year-over-year growth 2022-2027 (%)7.4 Telecom and IT – Market size and forecast 2022-2027Exhibit 59: Chart on Telecom and IT – Market size and forecast 2022-2027 ($ million)Exhibit 60: Data Table on Telecom and IT – Market size and forecast 2022-2027 ($ million)Exhibit 61: Chart on Telecom and IT – Year-over-year growth 2022-2027 (%)Exhibit 62: Data Table on Telecom and IT – Year-over-year growth 2022-2027 (%)7.5 Government – Market size and forecast 2022-2027Exhibit 63: Chart on Government – Market size and forecast 2022-2027 ($ million)Exhibit 64: Data Table on Government – Market size and forecast 2022-2027 ($ million)Exhibit 65: Chart on Government – Year-over-year growth 2022-2027 (%)Exhibit 66: Data Table on Government – Year-over-year growth 2022-2027 (%)7.6 Energy and utilities – Market size and forecast 2022-2027 Exhibit 67: Chart on Energy and utilities – Market size and forecast 2022-2027 ($ million)Exhibit 68: Data Table on Energy and utilities – Market size and forecast 2022-2027 ($ million)Exhibit 69: Chart on Energy and utilities – Year-over-year growth 2022-2027 (%)Exhibit 70: Data Table on Energy and utilities – Year-over-year growth 2022-2027 (%)7.7 Others – Market size and forecast 2022-2027Exhibit 71: Chart on Others – Market size and forecast 2022-2027 ($ million)Exhibit 72: Data Table on Others – Market size and forecast 2022-2027 ($ million)Exhibit 73: Chart on Others – Year-over-year growth 2022-2027 (%)Exhibit 74: Data Table on Others – Year-over-year growth 2022-2027 (%)7.8 Market opportunity by End-user Exhibit 75: Market opportunity by End-user ($ million)Exhibit 76: Data Table on Market opportunity by End-user ($ million)
8 Customer Landscape
8.1 Customer landscape overview Exhibit 77: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Drivers, Challenges, and Trends
9.1 Market drivers 9.2 Market challenges 9.3 Impact of drivers and challenges Exhibit 78: Impact of drivers and challenges in 2022 and 20279.4 Market trends
10 Vendor Landscape
10.1 Overview 10.2 Vendor landscape Exhibit 79: Overview on Criticality of inputs and Factors of differentiation10.3 Landscape disruption Exhibit 80: Overview on factors of disruption10.4 Industry risks Exhibit 81: Impact of key risks on business
11 Vendor Analysis
11.1 Vendors covered Exhibit 82: Vendors covered11.2 Market positioning of vendors Exhibit 83: Matrix on vendor position and classification11.3 Alibaba Group Holding Ltd. Exhibit 84: Alibaba Group Holding Ltd. – OverviewExhibit 85: Alibaba Group Holding Ltd. – Business segmentsExhibit 86: Alibaba Group Holding Ltd. – Key offeringsExhibit 87: Alibaba Group Holding Ltd. – Segment focus11.4 AT and T Inc. Exhibit 88: AT and T Inc. – OverviewExhibit 89: AT and T Inc. – Business segmentsExhibit 90: AT and T Inc. – Key newsExhibit 91: AT and T Inc. – Key offeringsExhibit 92: AT and T Inc. – Segment focus11.5 Baidu Inc. Exhibit 93: Baidu Inc. – OverviewExhibit 94: Baidu Inc. – Business segmentsExhibit 95: Baidu Inc. – Key offeringsExhibit 96: Baidu Inc. – Segment focus11.6 China Mobile Ltd. Exhibit 97: China Mobile Ltd. – OverviewExhibit 98: China Mobile Ltd. – Product / ServiceExhibit 99: China Mobile Ltd. – Key offerings11.7 China Telecom Corp. Ltd. Exhibit 100: China Telecom Corp. Ltd. – OverviewExhibit 101: China Telecom Corp. Ltd. – Product / ServiceExhibit 102: China Telecom Corp. Ltd. – Key newsExhibit 103: China Telecom Corp. Ltd. – Key offerings11.8 China Unicom (Hong Kong) Ltd. Exhibit 104: China Unicom (Hong Kong) Ltd. – OverviewExhibit 105: China Unicom (Hong Kong) Ltd. – Product / ServiceExhibit 106: China Unicom (Hong Kong) Ltd. – Key offerings11.9 CICC Data Group Co. Ltd. Exhibit 107: CICC Data Group Co. Ltd. – OverviewExhibit 108: CICC Data Group Co. Ltd. – Product / ServiceExhibit 109: CICC Data Group Co. Ltd. – Key offerings11.10 Digital Realty Trust Inc. Exhibit 110: Digital Realty Trust Inc. – OverviewExhibit 111: Digital Realty Trust Inc. – Product / ServiceExhibit 112: Digital Realty Trust Inc. – Key offerings11.11 Eaton Corp. Plc Exhibit 113: Eaton Corp. Plc – OverviewExhibit 114: Eaton Corp. Plc – Business segmentsExhibit 115: Eaton Corp. Plc – Key newsExhibit 116: Eaton Corp. Plc – Key offeringsExhibit 117: Eaton Corp. Plc – Segment focus11.12 Equinix Inc. Exhibit 118: Equinix Inc. – OverviewExhibit 119: Equinix Inc. – Business segmentsExhibit 120: Equinix Inc. – Key newsExhibit 121: Equinix Inc. – Key offeringsExhibit 122: Equinix Inc. – Segment focus11.13 Fujitsu Ltd. Exhibit 123: Fujitsu Ltd. – OverviewExhibit 124: Fujitsu Ltd. – Business segmentsExhibit 125: Fujitsu Ltd. – Key newsExhibit 126: Fujitsu Ltd. – Key offeringsExhibit 127: Fujitsu Ltd. – Segment focus11.14 GDS Holdings Ltd. Exhibit 128: GDS Holdings Ltd. – OverviewExhibit 129: GDS Holdings Ltd. – Product / ServiceExhibit 130: GDS Holdings Ltd. – Key offerings11.15 Global Switch Ltd. Exhibit 131: Global Switch Ltd. – OverviewExhibit 132: Global Switch Ltd. – Product / ServiceExhibit 133: Global Switch Ltd. – Key offerings11.16 Tencent Holdings Ltd. Exhibit 134: Tencent Holdings Ltd. – OverviewExhibit 135: Tencent Holdings Ltd. – Business segmentsExhibit 136: Tencent Holdings Ltd. – Key offeringsExhibit 137: Tencent Holdings Ltd. – Segment focus11.17 VNET Group Inc. Exhibit 138: VNET Group Inc. – OverviewExhibit 139: VNET Group Inc. – Product / ServiceExhibit 140: VNET Group Inc. – Key offerings
12 Appendix
12.1 Scope of the report 12.2 Inclusions and exclusions checklistExhibit 141: Inclusions checklistExhibit 142: Exclusions checklist12.3 Currency conversion rates for US$ Exhibit 143: Currency conversion rates for US$12.4 Research methodology Exhibit 144: Research methodologyExhibit 145: Validation techniques employed for market sizingExhibit 146: Information sources12.5 List of abbreviations Exhibit 147: List of abbreviations
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