Market Size of China Data Center Server Industry
| Study Period | 2019 - 2030 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2030 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 19.00 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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China Data Center Server Market Analysis
The China data center server market reached a value of USD 7.6 billion in the previous year, and it is further projected to register a CAGR of 19% during the forecast period. The increasing demand for cloud computing among (small and medium-sized enterprises) SMEs, government regulations for local data security, and growing investment by domestic players are some of the major factors driving the demand for data centers in the country/region.
- Under Construction IT Load Capacity: The upcoming IT load capacity of the China data center market is expected to reach 3300 MW by 2029.
- Under Construction Raised Floor Space: The country's construction of raised floor area is expected to increase to 12 million sq. ft by 2029.
- Planned Racks: The country's total number of racks to be installed is expected to reach 599.4K units by 2029. Beijing is expected to house the maximum number of racks by 2029.
- Planned Submarine Cables: There are close to 19 submarine cable systems connecting China, and many are under construction. One such submarine cable that is estimated to start service in 2023 is Southeast Asia-Japan Cable 2 (SJC2), which stretches over 10,500 Kilometers with landing points from Chung Hom Kok, China.
