China and Hong Kong Data Center Market Outlook and Forecast 2020-2025 by IT Infrastructure …

DUBLIN–(BUSINESS WIRE)–The “Data Center Market in China and Hong Kong – Industry Outlook and Forecast 2020-2025” report has been added to ResearchAndMarkets.com’s offering.

The China and Hong Kong data center market by revenue is expected to grow at a CAGR of close to 2% during the period 2019-2025.

China and Hong Kong data center market size is expected to reach revenue of close to $27 billion by 2025, growing at a CAGR close to 2% during the forecast period. The data center market in China & Hong Kong is likely to be driven by the increase in the investment in artificial intelligence, blockchain, and quantum computing. The market for artificial intelligence (AI) is projected to over $10 billion in 2025. In 2018, AI investments in China were around $8 billion, which is likely to increase strongly after the recovery of the economy from the COVID-19 pandemic. China is among the leader in blockchain technology.

The government announced the creation of Blockchain Network (BCN) across 100 cities, which will add developers to build an application without investing in the blockchain framework. Also, the promotion of blockchain to make a predominant technology for online payments is driving the market. Several organizations and government agencies in China currently use blockchain technology, which is expected to grow significantly over the next few years.

The following factors are likely to contribute to the growth of the China and Hong Kong data center market during the forecast period:

  • Renewable Energy Procurement to Reduce Electricity Cost
  • Increasing Adoption of Cloud Services
  • Implementation of 5G and Smart City Initiatives to Drive Edge Data Center Deployments

INSIGHTS BY VENDORS

The data center construction market in China and Hong Kong is continuing to grow in terms of greenfield and brownfield facility construction. The market is still witnessing increased growth in the number of data centers, with high adoption of efficient and modular infrastructure solutions. The market has a strong presence of vendors across all three categories, such as electrical infrastructure, mechanical infrastructure, and general construction.

Prominent IT Infrastructure Vendors

  • HPE (H3C)
  • Cisco
  • Dell Technologies
  • Hitachi Vantara
  • Huawei
  • IBM
  • Inspur Group
  • Lenovo
  • Quanta Cloud Technology (Quanta Computer)

Prominent Construction Contractors

  • Arup Group
  • Aurecon Construction
  • AWP Architects
  • BYME Engineering
  • Chung Hing Engineers Group
  • DSCO Group
  • Faithful+Gould
  • Gammon Construction
  • ISG
  • Studio One Design Limited
  • NTT FACILITIES

Prominent Support Infrastructure Providers

  • ABB
  • Vertiv
  • Caterpillar
  • Cummins
  • Delta Group
  • Eaton
  • Schneider Electric
  • Fuji Electric
  • Hitec Power Protection
  • Mitsubishi Electric
  • Legrand Group
  • Rittal
  • MTU On Site Energy
  • AIRSYS
  • Kstar New Energy

Prominent Data Center Investors

  • Apple
  • Chayora Holdings
  • China Unicom
  • ChinData Group
  • Equinix
  • GDS Holdings
  • Global Switch
  • PT Telekomunikasi Group
  • Shanghai Athub
  • Shanghai Qnet Network Technology
  • SUNeVison
  • Tencent Holdings
  • Tenglong Holdings Group (Tamron)

China and Hong Kong Data Center Market Segmentation

Segmentation by IT Infrastructure

  • Server Infrastructure
  • Storage Infrastructure
  • Network Infrastructure

Segmentation by Electrical Infrastructure

  • UPS Systems
  • Generators
  • Transfer Switches & Switchgears
  • PDUs
  • Other Electrical Infrastructure

Segmentation by Mechanical Infrastructure

  • Cooling Systems
  • CRAC & CRAH Units
  • Chiller Units
  • Cooling Towers & Dry Coolers
  • Economizers & Evaporative Coolers
  • Other Units
  • Racks
  • Other Mechanical Infrastructure

Segmentation by General Construction

  • Building Development
  • Installation & Commissioning Services
  • Building Designs
  • Physical Security
  • DCIM/BMS

Segmentation by Tier Standard

  • Tier I & Tier II
  • Tier III
  • Tier IV

For more information about this report visit https://www.researchandmarkets.com/r/rbv8l

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