Internet
China and Hong Kong Internet Data Center Market Size to Reach Revenues of around USD 35 Billion by 2026 - Arizton
https://www.arizton.com/market-reports/china-and-hong-kong-data-center-market-size-analysis
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.
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.
https://www.arizton.com/market-reports/china-and-hong-kong-data-center-market-size-analysis
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