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China Internet Data Center Market Latest Trends, Technology Advancement and Demand 2022 to 2027

02-28-2022 12:36 PM CET | IT, New Media & Software

Press release from: Market Insights Reports

The China Internet Data Center Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the China Internet Data Center market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the China Internet Data Center market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the China Internet Data Center market.

The China Internet Data Center Market is expected to register a CAGR of 10% during the forecast period, 2021 to 2026.

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https://www.marketinsightsreports.com/reports/02082593534/china-internet-data-center-market-growth-trends-covid-19-impact-and-forecasts-2021-2026/inquiry?Mode=namita

Top Leading Companies of China Internet Data Center Market are - Alibaba Group Holding Limited, China Mobile Limited, China United Network Communications Group Co. Ltd., China Telecommunications Corporation, 21Vianet Group, GDS Holdings Limited, Wangsu Science & Technology Co., Ltd., Beijing Sinnet Technology, Shanghai AtHub Co. Ltd. and others.

Industry News and Updates:

- December 2019: China Mobile International announced that it had opened a new data center in the UK, marking its first facility in Europe. It serves as an internet data center (IDC) and the international network exchange hub between Asia and Europe, enabling connections within Europe, Africa, the Indian Ocean, and the Asia Pacific. Further, the facility incorporates over 1,600 racks and has been certified with the Uptime Institute Tier III TCDD data center standards.

- December 2019: Alibaba Group Holding Ltd announced that it brings together fintech and cloud computing offerings to a new unit called the Financial Enterprise Department. With its new offering, the company aims to boost financial firms uptake of its cloud computing by selling both cloud computing and fintech to financial institutions. The financial sector is one of three core areas of Alibaba Group, where it seeks growth leveraging its cloud infrastructures.

Key Market Trends:

Foreign Investment to Drive the Market Growth

- In the market scenario, the internet data center projects in the region have started to attract ever-increasing investments from the investors outside of China. For instance, In December 2019, Tenglong Holding Group, one of the prominent players in the region providing Internet Data Center (IDC) services, announced that it had received USD 3.7 billion Series A funding led by Morgan Stanley and NanshanCapital.
- Also, owing to the regulations led by the government, foreign-invested companies are not currently allowed to apply for IDC Licenses. However, leveraging partnerships with Chinese JVs partially owned by Hong Kong or Macao companies can meet the requirements through Mainland and Hong Kong/Macao' CEPA.

Government Impulsion to Drive the Market Growth

- China's government plans to build a national data center for the industrial internet and strengthen the supervision and coordination of overseas listings of Chinese industrial internet companies. The Ministry of Industry and Information Technology said in a 2020 work plan that it would step up efforts in encouraging the construction of a batch of industrial internet data centers across China as part of its broader push to accelerate an industrial upgrade. The government will continue its goal of encouraging 400,000 enterprises to adopt cloud services and to use industrial internet platforms to do research and development, design, manufacturing, management, and other services.

Investigator Observers Strong Growth in Specific Regions:

- Europe Market (Germany, UK, France, Russia, Italy)

- Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)

- South America Market (Brazil, Argentina, Colombia)

- North America Market (United States, Canada, Mexico)

- Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).

The Latest Industry Data Included in this Report:
- China Internet Data Center Market Size & Analysis (2016 - 2026)
- Market Share Analysis of China Internet Data Center Market (%),2016 - 2026
- China Internet Data Center Market Share, By Brand
- China Internet Data Center Market Share, By Company
- China Internet Data Center Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies China Internet Data Center Market Value Analysis & Forecast
- Promising China Internet Data Center Development by Major Companies
- Detailed China Internet Data Center Portfolio of the Major Companies
- Major Deals in the China Internet Data Center Market
- Major Companies Analysis

Browse Full Report at:

https://www.marketinsightsreports.com/reports/02082593534/china-internet-data-center-market-growth-trends-covid-19-impact-and-forecasts-2021-2026?Mode=namita

We Offer Customization on Report Based on Specific Client Requirement:

- Country Level analysis for any 5 countries of your choice.

- Competitive analysis of any 5 key market players.

- 40 analyst hours to cover any other data point.

Contact Us:
Irfan Tamboli (Head of Sales) - Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com

About Us:

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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