China and Hong Kong Internet Data Center Market Size to Reach Revenues of around USD 35 Billion by 2026 - Arizton

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May 03, 2021, 13:00 ET

CHICAGO, May 3, 2021 /PRNewswire/ -- - In-depth analysis and data-driven insights on the impact of COVID-19 included in this China and Hong Kong data center market report.

The China and Hong Kong data center market is expected to grow at a CAGR of approximately 4% during the period 2020−2026. The report has market size in terms of area square feet and power capacity in MW.

Key Highlights Offered in the Report:

The China and Hong Kong data center market contributed to over 12% of the global data center investments in 2020, with China adding around 11% and Hong Kong adding the rest.
The ongoing COVID-19 pandemic, growth in data generated, high penetration of 5G, connected devices, smart cities, and along with significant government initiatives are major drivers for the region's data center growth.
In China, the local government is taking initiatives to implement 800 smart city pilot programs currently in progress in various regions. Also, cities such as Beijing, Shanghai, Shenzhen, and Guiyang are developed as smart cities to enhance the quality of life of citizens.
China leads the global market in the construction of wind and solar energy facilities, however with support for coal coexisting with the promotion of renewable energy. The country aims to achieve carbon neutrality by 2060.
China's official cryptocurrency named e-Yuan, developed by the People's Bank of China is being tested in Shenzhen and Suzhou, and will attract further investment in the country.
Due to scarcity of land for data center development in Hong Kong, more brownfield constructions will be seen during the forecast period, and the price of industrial land is expected to rise further.

Key Offerings:

Market Size & Forecast by Revenue | 2020−2026
Market Dynamics – Leading trends, growth drivers, restraints, and investment opportunities
Market Segmentation – A detailed analysis by IT infrastructure, electrical infrastructure, mechanical infrastructure, cooling systems, cooling technique, general construction, tier standards, and geography
Competitive Landscape – 9 IT infrastructure providers, 15 support infrastructure providers, 11 construction contractors, and 21 data center investors

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China and Hong Kong Internet Data Center Market – Segmentation

The China & Hong Kong IT Infrastructure market expects to reach over USD 28 billion in 2026, growing at a CAGR of over 3%. Servers are the major revenue contributor to the market as the growth in data generation is fueling demand for fast processing efficient servers. Servers comprising AI-enabled features such as data analytics, development of AI-enabled applications, flexible deployment of data expect to increase the demand during the forecast period.
The electrical infrastructure market in China & Hong Kong is likely to grow at a CAGR of approx. 4% during 2020–2026. In China & Hong Kong, data centers are designed to be of Tier III and Tier IV standards, with the high deployment of 2N redundant UPS systems, coupled with generators and other infrastructure adopting N+N redundancy.
In China, most facilities are colocation and adopt a combination of air and water-based cooling techniques to cool facilities; however, a few are built to support free cooling techniques. In Beijing, a majority of data centers are colocation based and adopt a combination of air and water-based cooling techniques to cool down the facility.

China and Hong Kong Internet Data Center Market by IT Infrastructure

Servers
Storage
Network

China and Hong Kong Internet Data Center Market by Electrical Infrastructure

UPS Systems
Generators
Transfer Switches and Switchgears
PDUs
Other Electrical Infrastructures

China and Hong Kong Internet Data Center Market by Mechanical Infrastructure

Cooling Systems

CRAC & CRAH Units
Chiller Units
Cooling Towers, Dry Coolers, & Condensers
Economizers and Evaporative Coolers, and Other Units
Racks
Other Mechanical Infrastructure
Other Cooling Units

Racks
Others Mechanical Infrastructure

China and Hong Kong Internet Data Center Market by Cooling Technique

Air-based Cooling Technique
Liquid-based Cooling Technique

China and Hong Kong Internet Data Center Market by General Construction

Core and Shell Development
Installation and Commissioning Services
Engineering and Building Designs
Physical Security
DCIM/BMS

China and Hong Kong Internet Data Center Market by Tier Standards

Tier I & II
Tier III
Tier IV

China and Hong Kong Internet Data Center Market – Dynamics

Data center investments in China & Hong Kong are witnessing significant growth because of the rising digitization in the region owing to higher internet adoption as well as a result of the COVID-19 pandemic. Unlike other regions where demand drives data center construction, the China & Hong Kong market is witnessing the development of "anticipatory" data centers, with the infrastructure already ready to cater to future demand. The China & Hong Kong market dominates the world in terms of the number of internet users and high penetration among social media and other digital platforms. The most popular social media platform is Weixin, which accounted for a 75% share of users in 2020, followed by Sina Weibo and Kuaishou. The China & Hong Kong market dominates the world in terms of the number of internet users and high penetration among social media and other digital platforms.

Key Drivers and Trends fueling Market Growth:

5G Implementation to Drive Edge Data Centers
Smart Cities Fuel Data Center Demand
COVID-19 on Data Center Investments
Growing Demand for Hyperscale Data Centers

China and Hong Kong Internet Data Center Market – Geography

The data center market in China is growing YoY aided by strong growth in internet connectivity across the country and an increasing number of submarine cable deployments connecting China with the rest of the world. In 2020, submarine cable projects Hainan-Hong Kong Submarine Cable System, with a length of 780 km, and the Southeast Asia-Japan Cable 2 (SJC2), with a length of 10,500 km, connected China with Singapore, Japan, Taiwan, Korea, and Vietnam. The (SJC2) investment consortium consists of Facebook, China Telecom, Telin, Singtel, VNPT-Vinaphone, and True Corporation. This project is expected to be operational by Q4 2020. Data center demand in China will exceed supply due to the rising demand for cloud-based services, big data analytics, and IoT. The high demand for data centers will boost the construction of colocation facilities and prompt regional cloud service providers to establish multiple availability zones across the country along with the growing demand for hybrid infrastructure services.

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China and Hong Kong Internet Data Center Market by Geography

China

Beijing
Shanghai
Other Cities

Hong Kong

Key Data Center Critical (IT) Infrastructure Providers

Hewlett Packard Enterprise (HPE)
Cisco Systems
Dell Technologies
Hitachi Vantara Corporation
Huawei Technologies
IBM
Inspur
Lenovo
Quanta Cloud Technology (Quanta Computer)

Key Data Center Support Infrastructure Providers

ABB
Vertiv
Caterpillar
Cummins
Delta Electronics
Eaton
Fuji Electric
Schneider Electric
HITEC Power Protection
Mitsubishi Electric Corporation
Legrand
Rittal
Rolls-Royce Power Systems
AIRSYS
Shenzhen Kstar Science and Technology

Key Data Center Investors

Apple
AirTrunk Operating
Amazon Web Services (AWS)
21Vianet
@Hub
BDx
Chayora
China Unicom
Chindata
CITIC Telcom International Holdings
Equinix
GDS Services
Global Switch
OneAsia Network
Telekomunikasi Indonesia (Persero)
PCCW Global Solutions
Princeton Digital Group
SUNeVision (iAdvantage)
Shanghai AtHub
Shanghai Qnet Networking Technology
Tencent Holdings
Tenglong Holdings Group (Tamron)

Key Construction Constructors

Arup Group
Aurecom Group
AWP Architects
BYME Engineering (HK)
Chung Hing Engineers Group
DSCO Group
Faithful+Gould
Gammon Construction
ISG
Studio One Design
NTT Global Data Centers

Explore our data center knowledge base profile to know more about the industry.

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About Arizton:

Arizton Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.

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