Market Research Report
China Data Center Colocation Market 2019-2025
|Published by||Orion Market Research Pvt Ltd||Product code||928500|
Delivery time: 2-3 business days
|China Data Center Colocation Market 2019-2025|
|Published: January 27, 2020||Content info:||
China Data Center Colocation Market Size, Share & Trends Analysis Report by Solution Type (Retail Colocation and Wholesale Colocation) and by Verticals (BFSI, IT & Telecom, Healthcare, Government & Defense, and Others) and Forecast, 2019-2025
China data center colocation market is estimated to grow considerably at a CAGR of 14.8% during the forecast period. China is one of the leading countries in Asia-Pacific that contributes to the growth of the data center colocation market. The factors that are augmenting the market growth include the availability of a large amount of enterprise data coupled with the rising concern regarding data security and recovery in large and small enterprises. By the rapid development of cloud computing, the internet, mobile Internet, and big data applications, the pace of building a global data center is accelerating. Moreover, China has many small and large companies that make ample opportunity for the demand for data center colocation solutions.
In China, Beijing has the largest number of colocation data centers, followed by Shanghai and Guangzhou. The leading market players, such as Equinix, Digital Realty Trust, NTT Communications, and CenturyLink, and some other local Chinese service providers are serving the China data center colocation market. Facebook, Google, Hong Kong-based Pacific Light Data Communication Co., along with the undersea cable provider SubCom announced the installment of the first subsea cable that directly connects Hong Kong and the US Commercial operations in 2016.
The companies which are contributing to the growth of China data center colocation market include AT&T, Inc., Chayora Ltd., Cloudscene Pty Ltd., IBM Corp., and Cyxtera Technologies, Inc. The market players are considerably contributing to the market growth by the adoption of various strategies including new product launch, merger, and acquisition, collaborations with government, funding to the start-ups and technological advancements to stay competitive in the market. For instance, in January 2019, Chayora Ltd., the Hong Kong-based data center provider, entered into a partnership with Beijing Sinnet Technology, in order to deliver cloud services solutions and bespoke network solutions for Chayora customers. Sinnet has further planned to use the Chayora 300 MW hyperscale campus for its retail colocation expansion in Beichen, northern Tianjin supporting the wider Beijing region.
The market study of the China data center colocation market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
The report is intended for data center colocation service providers, system integrators, cloud service providers, IT & telecom companies, banking and financial firms, and government organizations for overall market analysis and competitive analysis. The report provides an in-depth analysis of market size, various services offered by the players, and market opportunity. The report will serve as a source for 360-degree analysis of the market delivering insights for making better business decisions.