21Vianet vs Applied Digital

Both are primarily Data Center Operators (Colo) companies. Applied Digital is larger by market cap ($7.1B vs $1.5B). Applied Digital reports higher tracked revenue ($611M vs $544M).

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Side-by-side

21VianetApplied Digital
Market cap$1.5B$7.1B
Revenue$544M (FY2019)$611M (FY2026)
Primary segmentData Center Operators (Colo)Data Center Operators (Colo)
Market positionnichechallenger
CountryChinaUnited States
Tracked suppliers47
Tracked customers55
Chokepoint / criticality6/1007/100

Market caps/revenue from the wafergraph dataset · data as of 2026-10-09. Criticality is a graph-derived chokepoint score (0–100). Coverage is partial; "Unpriced" means no reliable market cap.

How 21Vianet and Applied Digital compare

  • Size: Applied Digital is the larger company by market cap.
  • Revenue: Applied Digital reports higher tracked revenue.
  • Supply-chain criticality: Applied Digital has the higher chokepoint score (7/100 vs 6/100).
  • Footprint: 21Vianet (China) vs Applied Digital (United States).

Company hubs

21Vianet · Applied Digital · AI & Data Center segment

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Cite as: wafergraph, “21Vianet vs Applied Digital”, https://wafergraph.com/compare/21vianet-vs-applied_digital (data as of 2026-10-09).

Frequently asked questions3
Is 21Vianet bigger than Applied Digital?
Applied Digital is larger by market cap ($7.1B vs $1.5B).
What's the difference between 21Vianet and Applied Digital?
21Vianet is a niche in Data Center Operators (Colo) based in China; Applied Digital is a challenger in Data Center Operators (Colo) based in United States. Both operate in the AI & Data Center segment.
Who are 21Vianet's and Applied Digital's suppliers?
wafergraph tracks 4 suppliers for 21Vianet and 7 for Applied Digital.