Connect with us

Technology

Data Center Market Size In China is set to grow by USD 181.33 billion from 2024-2028, Rising demand for hyper-converged data centers boost the market, Technavio

Published

on

NEW YORK, July 24, 2024 /PRNewswire/ — The data center market size in China is estimated to grow by USD 181.33 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 34.28% during the forecast period. Rising demand for hyper-converged data centers is driving market growth, with a trend towards use of server disaggregation to improve utilization rates. However, growing focus on consolidating data centers poses a challenge. Key market players include Alibaba Group Holding Ltd., AT and T Inc., Baidu Inc., Beijing Sinnet technology Co. Ltd., China Mobile Ltd., China Telecom Corp. Ltd., China Unicom Hong Kong Ltd., CICC Data Group Co. Ltd., Digital Realty Trust Inc., Eaton Corp. Plc, Equinix Inc., Fujitsu Ltd., GDS Holdings Ltd., Global Switch Ltd., Shanghai Dataport Co. Ltd., Telstra Corp. Ltd., Tencent Holdings Ltd., VNET Group Inc., Wangsu Science and Technology Co. Ltd., and Zenlayer Inc..

Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report

Data Center Market In China Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 34.28%

Market growth 2024-2028

USD 181335.6 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

25.64

Regional analysis

China

Performing market contribution

APAC at 100%

Key countries

China

Key companies profiled

Alibaba Group Holding Ltd., AT and T Inc., Baidu Inc., Beijing Sinnet technology Co. Ltd., China Mobile Ltd., China Telecom Corp. Ltd., China Unicom Hong Kong Ltd., CICC Data Group Co. Ltd., Digital Realty Trust Inc., Eaton Corp. Plc, Equinix Inc., Fujitsu Ltd., GDS Holdings Ltd., Global Switch Ltd., Shanghai Dataport Co. Ltd., Telstra Corp. Ltd., Tencent Holdings Ltd., VNET Group Inc., Wangsu Science and Technology Co. Ltd., and Zenlayer Inc.

Market Driver

Data centers in China are facing the challenge of increasing power consumption due to the growing adoption of cloud computing, AI, machine learning, and IoT workloads. To address this issue, server disaggregation is gaining popularity as a solution. This approach logically separates server components into memory and compute subsystems, increasing server efficiency and reducing power consumption. With server disaggregation, workloads can utilize exactly the resources they need, preventing the need for replacing entire servers for just one component. Vendors are introducing composable server infrastructure solutions to help data centers in China allocate resources dynamically and efficiently, driving market growth during the forecast period.

The Data Center market in China is witnessing significant growth due to increasing digital services and data storage needs. Regulatory requirements and expanding user bases drive businesses to prioritize scalability and efficiency in their infrastructure. This includes increasing storage capacity, computing power, and adopting green data centers with renewable energy sources like solar, wind, and hydroelectric electricity. Energy-efficient solutions and the rollout of 5G networks are also key trends. Businesses, including large enterprises and cloud service providers, are investing in data centers for hyper scalability and modern processes. The market consists of hardware and software segments, with enterprise network equipment, virtualization, and professional services playing crucial roles. Traditional data centers are being replaced by modularized, compact, and portable options, which offer cost savings and flexibility. Despite the high initial cost, data center operators are turning to hyperscale and hyper-dense server racks for advanced technologies like Artificial Intelligence and Machine Learning.

Discover 360° analysis of this market. For complete information, schedule your consultation – Book Here!

Market Challenges

Infrastructure-as-a-Service (IaaS) is a cloud computing concept that enables organizations to utilize virtualized computing resources over the Internet. The adoption of IaaS has resulted in data center consolidation, which involves reducing data center sizes or merging facilities. This consolidation leads to cost savings as organizations shift to common cloud platforms. However, the transition to virtualized storage requires careful planning for efficiency and capacity. Virtualization increases I/O streams through resource pooling, but efficiency can be compromised due to the high IOPS. Data center consolidation is a complex process requiring expertise and time, and carries risks. Despite these challenges, the focus on consolidation is expected to negatively impact the growth of the data center market in China during the forecast period.The Data Center market in China is experiencing significant growth due to the increasing demand for digital data from organizations, driven by remote working and the internet. Hyperscale data centers and cloud service providers lead this trend, requiring high server rack density and advanced technologies like Artificial Intelligence and Machine Learning. Traditional data centers face challenges in hyper scalability, sustainability, and automation. Modular data centers offer a solution, but small enterprises may find the upfront costs prohibitive. Technology providers are focusing on energy efficiency and green data centers to address concerns over electricity consumption and sustainability. The Department of Energy is pushing for modern business processes and asset performance management to optimize data center capacity and functionality. Information security is a top concern, with software testing and enterprise engineering solutions essential for maintaining operating conditions. Global traffic and internet usage continue to surge, driving the need for cloud computing and edge computing. Energy consumption remains a challenge, with electricity costs a significant expense. Organizations must balance functionality and cost-effectiveness while ensuring data security. Overall, the Data Center market in China presents both opportunities and challenges for businesses and technology providers alike.

For more insights on driver and challenges – Request a sample report!

Segment Overview

This data center market in China report extensively covers market segmentation by

Component1.1 IT infrastructure1.2 Power management1.3 Mechanical construction1.4 General construction1.5 OthersEnd-user2.1 BFSI2.2 Telecom and IT2.3 Government2.4 Energy and utilities2.5 OthersGeography3.1 APAC

1.1 IT infrastructure- The Data Center market in China continues to grow, with significant investments from domestic and international companies. In 2020, the market size was valued at over USD30 billion and is projected to reach USD60 billion by 2025. Key drivers include increasing digitalization, cloud adoption, and data protection regulations. Companies like Alibaba, Tencent, and Huawei are major players, expanding their data center capacities to meet growing demand. China’s favorable business environment and large population make it an attractive market for data center investments.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Learn and explore more about Technavio’s in-depth research reports

The global Data Center Colocation and Managed Hosting Services Market is experiencing significant growth, driven by increasing demand for scalable, cost-effective IT solutions. Parallelly, the global Containerized and Modular Data Center Market is expanding due to rising adoption of flexible and efficient data center solutions. Additionally, the global Data Center Infrastructure Management (DCIM) Solutions Market is thriving as organizations seek enhanced visibility and control over data center operations. These markets are pivotal in supporting the evolving needs of businesses in a rapidly digitizing world.

Research Analysis

The Data Center Market in China is experiencing significant growth due to the increasing demand for digital services and expanding user base. Businesses require more storage capacity and efficient infrastructure to support modern processes and advanced technologies like Artificial Intelligence and Machine Learning. Regulatory requirements are also driving the need for data centers that prioritize sustainability and energy efficiency. Renewable energy sources, such as solar, wind, and hydroelectric electricity, are being integrated into data centers to reduce carbon emissions. Hyper scalability and automation are essential for business scalability, while energy-efficient solutions and 5G network enable faster data transmission speeds and edge computing services. Micro data centers and cloud services are also gaining popularity among large enterprises for their cost-effectiveness and flexibility. Overall, the Data Center Market in China is a dynamic and innovative space, driven by the demands of the digital economy and the pursuit of sustainability.

Market Research Overview

The Data Center Market in China is experiencing significant growth due to the expanding user base and increasing digital services adoption. Businesses require more data storage needs to support modern business processes, leading to a surge in demand for efficient infrastructure with high computing power. Regulatory requirements for data security and sustainability are driving the adoption of green data centers, which utilize renewable energy sources like solar, wind, and hydroelectric electricity. Energy-efficient solutions are essential for data center operators to reduce their carbon footprint and lower operating costs. The market comprises various segments, including hardware, software, and professional services. The hardware segment includes server racks, enterprise network equipment, and virtualization solutions. The software segment offers cloud services, data transmission services, and edge computing services. Modularized data centers, micro data centers, and portable data centers are gaining popularity for their scalability and flexibility. Despite the high initial cost, large enterprises are investing in hyperscale data centers for hyper scalability and advanced technologies like Artificial Intelligence and Machine Learning. Small enterprises and cloud service providers are also adopting data centers to support remote working and increasing internet usage. The market is expected to continue growing, driven by the global traffic and digital data generated by organizations. The Department of Energy is also promoting energy efficiency and sustainability in data centers to address concerns over electricity consumption and functionality.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ComponentIT InfrastructurePower ManagementMechanical ConstructionGeneral ConstructionOthersEnd-userBFSITelecom And ITGovernmentEnergy And UtilitiesOthersGeographyAPAC

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/data-center-market-size-in-china-is-set-to-grow-by-usd-181-33-billion-from-2024-2028–rising-demand-for-hyper-converged-data-centers-boost-the-market-technavio-302204048.html

SOURCE Technavio

Continue Reading

Technology

In HelloNation, Jewelry Expert Mike Littlejohn Explains What to Expect From Jewelry Repair and Ring Resizing

Published

on

By

The article outlines how repair services and resizing work and what factors affect timing, cost, and results.

AUBURN, Ind., Oct. 30, 2026 /PRNewswire/ — Can damaged or ill-fitting jewelry be restored instead of replaced? That question is answered in a HelloNation article, featuring insights from Jewelry Expert Mike Littlejohn of Carbaugh Jewelers.

The HelloNation article explains that jewelry repair and ring resizing are practical ways to restore both the function and appearance of worn pieces. It notes that everyday issues such as broken chains, worn prongs, and loose clasps are common and can often be fixed successfully when addressed early.

According to the article, jewelry repair services cover a wide range of problems caused by regular wear. Fixing these issues promptly can help prevent more serious damage and extend the life of the piece. The article emphasizes that early attention often leads to better outcomes.

Ring resizing is another key service discussed. The ring resizing process involves adjusting the band so that the ring fits securely and comfortably again. Changes in finger size over time or due to temperature can make resizing necessary. The article explains that the goal is to maintain the original look while improving wearability.

Not all rings can be resized in the same way. The article describes how simple bands are easier to adjust, while more detailed designs may require careful handling. Rings with stones set along the band can limit how much resizing is possible. The article notes that understanding these factors helps set clear expectations before starting any work.

Metal type also plays an important role in both jewelry repair and resizing. The article explains that gold is commonly used and responds well to standard techniques. Platinum is denser and more durable, which can make it harder to adjust but also longer lasting. These differences can affect the time and complexity of the repair.

Stone settings require special attention during any jewelry repair services. The article notes that loose stones can often be secured, and missing stones may be replaced if a close match is available. Careful handling helps maintain both the safety and appearance of the piece.

Timing varies depending on the type of repair. The article explains that simple fixes may be completed quickly, while more detailed work takes additional time. The ring resizing process may also take longer if a significant size change is needed. Understanding the timeline helps manage expectations.

Cost is another factor addressed in the article. Jewelry repair cost depends on the level of work required, the condition of the item, and the materials involved. Basic repairs are usually more affordable, while complex work can increase the overall cost. Clear estimates help avoid surprises.

Preventive care is also important. The article encourages regular checks for loose parts or signs of wear so that issues can be handled early. This reduces the need for more extensive repairs and helps maintain the condition of the jewelry over time.

In some cases, repair may not be the best option. The article explains that severe damage or delicate designs can limit what can be safely restored. Alternative solutions, such as redesigning the piece, may be considered when repair is not practical. The article highlights the importance of understanding these limits.

In the end, the article emphasizes that jewelry repair and ring resizing remain valuable options for maintaining meaningful items. By understanding jewelry repair services, the ring resizing process, jewelry repair cost, and how metal type affects the work, individuals can make informed decisions and extend the life of their jewelry.

Can Jewelry Be Repaired or Resized, and What Should You Expect? Features insights from Mike Littlejohn, Jewelry Expert of Auburn, Indiana, in HelloNation.

About HelloNation

HelloNation is America’s Good News Network, a premier media platform built on the idea that good news travels faster when real people tell real stories. Through its community-focused digital publications and innovative “edvertising” approach, HelloNation delivers expert-driven, good-news content that informs, inspires, and spotlights the leaders making a meaningful impact in their communities.

View original content to download multimedia:https://www.prnewswire.com/news-releases/in-hellonation-jewelry-expert-mike-littlejohn-explains-what-to-expect-from-jewelry-repair-and-ring-resizing-302924992.html

SOURCE HelloNation

Continue Reading

Technology

INSEAD establishes Thrive Lab with US$3 million funding from Google.org and Google DeepMind

Published

on

By

Launched at INSEAD AI Forum Asia, the new Lab is set to advance global academic research on the impact of AI on human connectivity, meaning and wellbeing in work and life

FONTAINEBLEAU, France and SINGAPORE and SAN FRANCISCO, Oct. 30, 2026 /PRNewswire/ — INSEAD, The Business School for the World, today announced it has received US$3 million in funding from Google.org and Google DeepMind. The funding will support the Research Lab for Human and Organisational Thriving (INSEAD Thrive Lab), aimed at accelerating global research on how people and organisations can flourish in an era of continuous technological transformation.

Artificial intelligence is emerging as the most consequential technology that profoundly shapes how people learn, work, live and interact with one another. While it presents near limitless possibilities, we need to give careful attention to the potential risks. How can we strengthen our human, social and psychological capital amid relentless technological change? And how must our ecosystems of learning – spanning educational, community, and professional spheres – evolve to build this capital? These are the central questions that the INSEAD Thrive Lab will focus on.

“We want to understand how people can expand their capabilities, build economically viable and psychologically meaningful working lives, and cultivate strong relationships with others in the age of artificial intelligence. Through rigorous, multidisciplinary research, INSEAD Thrive Lab aims to have real-world impact and generate actionable insights into what enables people and organisations not just to adapt to a rapidly changing world, but to thrive in it,” said Winnie Jiang, Academic Director of INSEAD Thrive Lab and Associate Professor of Organisational Behaviour at INSEAD.

Housed under INSEAD’s Human and Machine Intelligence Institute (HUMII) – a cross-disciplinary research institute that counts the 2025 Nobel Laureate in Economics Philippe Aghion and 2025 Oskar Morgenstern Medallist Phanish Puranam as part of its core academic team – INSEAD Thrive Lab will focus on three interconnected domains: Learning, Working and Relating.

“The success of artificial intelligence won’t be measured solely by efficiency or productivity gains, but by whether it empowers people to live more fulfilling lives. Navigating this rapid transformation requires thoughtful research and an unwavering commitment to human well-being. We are proud to support the launch of INSEAD Thrive Lab, which will explore some of the most pressing questions shaping the future of work and help people adapt, stay resilient, and thrive alongside AI,” said Sepi Hejazi Moghadam, Head of Foundations of Science, Google.org.

“We are incredibly grateful for the generous fund from Google.org and Google DeepMind. At HUMII, our goal is to conduct research on all branches of artificial intelligence for the ultimate purpose of expanding human capacities and human agency. The Lab’s work will be core to HUMII and to our society,” says Lily Fang, Academic Director of HUMII and Dean of Research and Innovation at INSEAD.

Click here to view video about the INSEAD Thrive Lab

INSEAD Thrive Lab will build on the school’s mission to develop responsible leaders who transform organisations and society, serving as a global hub for research, dialogue and innovation around the human dimension of progress. To this end, it will train emerging scholars working on the theme of human meaning and human flourishing through its PhD research award and postdoctoral fellowship and bring the wider research community together at its annual global conference. Research-to-practice partnerships with organisations, schools and governments, as well as a series of workshops, talks and dialogues are designed to translate insights into practice, and ultimately, help people flourish.

The announcement was made during the INSEAD AI Forum Asia, held at the INSEAD Asia Campus in Singapore. The event serves as a platform for dialogue between researchers, business leaders, policymakers and the public with the goal of advancing the beneficial and responsible use of artificial intelligence to benefit business and society. Part of the global INSEAD AI Forum series, the Asia edition comes after Europe and America, with the next edition taking place in UAE from 27 to 28 January 2027.

To learn more about INSEAD Thrive Lab, participate in the programme, or support the

school’s ongoing mission, visit INSEAD Thrive Lab or follow #INSEADAI.

Media contact: news@insead.edu

###

About INSEAD, The Business School for the World 

As one of the world’s leading and largest graduate business schools, INSEAD brings together people, cultures and ideas to develop responsible leaders who transform business and society. Our research, teaching and partnerships reflect this global perspective and cultural diversity. Our global perspective and unparalleled cultural diversity are reflected in our research, teaching, partnerships; as well as in our alumni network of over 73,000 members representing 176 nationalities across 183 countries.

With locations in Europe (France), Asia (Singapore), the Middle East (Abu Dhabi), and North America (San Francisco), INSEAD’s business education and research spans four regions. Our 162 renowned Faculty members from 40 countries inspire more than 1,700 degree participants annually in our Master in Management, MBA, Global Executive MBA, Specialised Master’s degrees (Executive Master in Finance and Executive Master in Change) and PhD programmes. In addition, more than 21,000 executives participate in INSEAD Executive Education programmes each year.

INSEAD continues to conduct cutting-edge research and innovate across all our programmes. We provide business leaders with the knowledge and awareness to operate anywhere. Our core values drive academic excellence and serve the global community as The Business School for the World.

For more information, visit www.insead.edu. 

View original content to download multimedia:https://www.prnewswire.com/news-releases/insead-establishes-thrive-lab-with-us3-million-funding-from-googleorg-and-google-deepmind-302924894.html

SOURCE INSEAD

Continue Reading

Technology

nbkc bank Announces Agreement to Assume Consumer BaaS Programs of LSBX, a Division of Lincoln Savings Bank

Published

on

By

Transaction to Boost nbkc’s Banking as a Service Business and Deposit Base

KANSAS CITY, Mo., Oct. 30, 2026 /PRNewswire/ — nbkc bank today announced that it filed an application with the FDIC to assume the consumer-focused Banking as a Service (BaaS) portfolio maintained by LSBX, Lincoln Savings Bank’s BaaS division, which would increase the scale of its BaaS business and overall deposit base.

The transaction is anticipated to close in early 2027 subject to regulatory approval. Terms were not disclosed. It follows a September announcement that Lincoln Savings Bank parent Lincoln Bancorp, Reinbeck, Iowa, will merge with and into Equity Bancshares, Inc., headquartered in Wichita, Kan.

“This transaction is a natural fit for nbkc and is a great opportunity to continue growing our BaaS business,” said Michael Bartkoski, president and CEO of nbkc bank. “It allows us to further strengthen our deposit base and build upon an established program with significant momentum.” Bartkoski said he expects the LSBX offering to be merged into nbkc’s BaaS business and to go to market under the nbkc brand.

“We believe nbkc is an excellent successor and home for our LSBX customers,” said Sean Willett, CEO of Lincoln Savings Bank. “nbkc has built an exceptional Banking as a Service capability, and they are well known for effectively combining technology and a human touch. We believe in that approach and are confident it will serve our customers very well.”

Through BaaS offerings, banks provide nonbank fintech companies, which do not have banking charters, the opportunity to provide banking products such as deposits, checking, debit cards and personal loans to their customers. Fintech companies’ clients interact with the fintech company’s app on the front end, and their accounts are opened with the partner bank, typically on a private label basis. Fintech companies gain the ability to offer banking products, and banks offering BaaS gain access to those companies’ retail customers.

nbkc bank has developed meaningful scale in its BaaS business, with approximately 13 BaaS relationships with fintech companies, approximately 3.6 million BaaS customers and 30 dedicated BaaS employees.

“Our investment in our BaaS offering enables us to take on a transaction of this scale with confidence in our ability to provide a seamless, excellent customer experience,” Bartkoski said.

About nbkc bank

Having celebrated 25 years in 2024, nbkc bank is a Kansas City-based community bank with a nationwide online presence. Known for pairing intuitive technology with personal support, nbkc delivers digital solutions for mortgage, consumer, and business banking, plus Banking as a Service (BaaS) for companies nationwide. The bank also founded Fountain City Fintech®, an accelerator for growing fintech startups. nbkc remains committed to leading the industry toward simpler, more transparent banking. Member FDIC. Equal Housing Lender.

Media Contact
Melissa.Beltrame@nbkc.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/nbkc-bank-announces-agreement-to-assume-consumer-baas-programs-of-lsbx-a-division-of-lincoln-savings-bank-302924452.html

SOURCE nbkc bank

Continue Reading

Trending