Data center and hosting services get a huge boost in China

As Chinese enterprises look to upgrade their infrastructure and deploy new digital services, the demand for cloud storage in the country is growing significantly, new figures say.

A new report from GlobalData estimates that the total addressable market size of China’s data center and hosting services, when it comes to business spending, will grow at a compound annual growth rate (CAGR) of 6.8% between 2020 and 2025.

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