McKinsey: China, a Potential Market for the Global Technology Sector
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Bain & Company's "Technology Report 2020: Taming the Flux" identifies China as a potential major market for the global technology sector in 2023. These sectors include servers, storage, and networking.
China is projected to contribute 16% of the global server market's Compound Annual Growth Rate (CAGR) of US$111 billion in 2023. Furthermore, it is expected to contribute 13% of the global storage CAGR of US$31 billion.
Additionally, China is projected to contribute 10% of the global enterprise networking equipment CAGR of US$53 billion and 6% of the global telecommunications networking equipment CAGR of US$85 billion.
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
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