Under China's "new infrastructure" development plan, data center is listed as a key development project in 2020. Tencent, Alibaba, and Baidu all have set ambitious goals; local governments have responded positively; first-tier cities, such as Shanghai and Shenzhen, which are in short supply of land resources, have also shown some degree of policy flexibility.
Driven by the business needs of cloud service providers and Internet enterprises, the data center market has maintained rapid development; and benefited from the advent of 5G era, the demand will further rise, according to the management consulting firm BCG.
As of 30 June 2020, the number of hyperscale data centers grew to 541 globally, more than doubled compared with Q2 2015. The United States accounts for over 38%, followed by China (9%) and Japan (6%), according to data from Synergy Research Group.
The key driving factors for the growth of data centers are the continuous growth of network traffic and the continuous...
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