The Internet Data Center Industry in China and Hong Kong is Expected to Grow at a CAGR of 4% During 2020 to 2026
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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 by investment is expected to grow at a CAGR of approx. 4% during the period 2020-2026.
The emergence of the 5G network has been a significant boost to the China & Hong Kong edge data center market. China and Hong Kong governments have been actively supporting the improvement of networking infrastructure in their countries. The implementation of 5G has boosted the digital economy, leading to the increased demand for high bandwidth networking infrastructure. Chinese telecom operators in the region are incredibly active in the implementation of 5G infrastructure. Operators such as China Telecom, China Unicom, and China Mobile are the major players in the 5G landscape. Over 700,000 5G sites were built by these three operators in 2020 and are likely to add 600,000 base stations in 2021 for the implementation of 5G network. China Unicom has deployed edge data centers in the region.