Data Center Market in China Analysis Highlights the Impact of COVID-19 (2020-2024) | Demand For Hyper-converged Data Centers to Boost Market Growth | Technavio

LONDON–(BUSINESS WIRE)–#DataCenterMarketinChina–Technavio has been monitoring the data center market in China and it is poised to grow by USD 18.01 bn during 2020-2024, progressing at a CAGR of over 18% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio�s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Alibaba Group Holding Ltd., AT&T Inc., Baidu Inc., China Mobile Ltd., China Telecommunications Corp. Ltd., China Unicom (Hong Kong) Ltd., Digital Realty Trust Inc., Equinix Inc., Fujitsu Ltd., and Tencent Holdings Ltd. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Demand for hyper-converged data centers has been instrumental in driving the growth of the market.

Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Data center market in China 2020-2024: Segmentation

Data center market in China is segmented as below:

• Component
  • IT Infrastructure
  • General Construction
  • Power Management Systems
  • Cooling Systems
  • Others

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40778

Data center market in China 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The data center market in China report covers the following areas:

• Data center market in China Size
• Data center market in China Trends
• Data center market in China Industry Analysis

This study identifies increasing investment in quantum computing as one of the prime reasons driving the data center market growth in China during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Data center market in China 2020-2024: Key Highlights

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will assist data center market growth in China during the next five years
• Estimation of the data center market size in China and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the data center market in China
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of data center market vendors in China

Table of Contents:

Executive Summary

Market Landscape

Market Sizing

Five Forces Analysis

Market Segmentation by Component

Customer landscape

Vendor Landscape

Vendor Analysis

Appendix

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