China data center colocation market is estimated to grow considerably at a CAGR of 14.8% during the forecast period. China is one of the leading countries in Asia-Pacific that contributes to the growth of the data center colocation market. The factors that are augmenting the market growth include the availability of a large amount of enterprise data coupled with the rising concern regarding data security and recovery in large and small enterprises. By the rapid development of cloud computing, the internet, mobile Internet, and big data applications, the pace of building a global data center is accelerating. Moreover, China has many small and large companies that make ample opportunity for the demand for data center colocation solutions.
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In China, Beijing has the largest number of colocation data centers, followed by Shanghai and Guangzhou. The leading market players, such as Equinix, Digital Realty Trust, NTT Communications, and CenturyLink, and some other local Chinese service providers are serving the China data center colocation market. Facebook, Google, Hong Kong-based Pacific Light Data Communication Co., along with the undersea cable provider SubCom announced the installment of the first subsea cable that directly connects Hong Kong and the US Commercial operations in 2016.
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The companies which are contributing to the growth of China data center colocation market include AT&T, Inc., Chayora Ltd., Cloudscene Pty Ltd., IBM Corp., and Cyxtera Technologies, Inc. The market players are considerably contributing to the market growth by the adoption of various strategies including new product launch, merger, and acquisition, collaborations with government, funding to the start-ups and technological advancements to stay competitive in the market.
Market Segmentation
China Data Center Colocation Market by Solution Type
Retail Colocation
Wholesale Colocation
China Data Center Colocation Market by Verticals
BFSI
IT & Telecom
Healthcare
Government and Defense
Others (Media and Entertainment)
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