In China Internet Data Center Market Over 700+ MW Power Capacity to be Added Each Year - Arizton
Chindata Group Holdings Limited - American Depositary Shares (CD)
Company Research
Source: PR Newswire
China East to West Plan to Present More Opportunities, Investment to Reach USD 34 Billion in 2028CHICAGO, Feb. 7, 2023 /PRNewswire/ -- According to Arizton's latest research report, the Internet data center market in China will grow at a CAGR of 2.7% from 2022 to 2028. China has been witnessing the adoption of cloud computing platforms aided by an increase in digital transformation, a shift to cloud platforms by government & business organizations, and increasing demand for data portability & security via cloud platforms. China has around 59 upcoming data centers. Shanghai has been a major share of data center space in China in recent years. Data center operators in the city have started investing in mega data center facilities, contributing significantly to the data center area. Government initiatives have also fueled the city's data center area development. For instance, Shanghai has witnessed the establishment of around 20 National Development Zones that refer to Economic and Techn
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