China's data center market to grow 8.9% CAGR to $101B by 2031, driven by AI, green tech, and government support.

China's data center market is projected to grow at an 8.94% CAGR from 2025 to 2031, reaching an estimated $101.47 billion by 2031. Growth is fueled by government initiatives promoting local GPU production, AI chip development by Alibaba, and the AI Plus initiative encouraging AI adoption across sectors. The market also emphasizes energy-efficient green data centers and substantial investments like Chindata Group's $490 million fundraising. Major players including Alibaba, Huawei, and Baidu are expanding infrastructure to meet rising digital demand.