21Vianet vs IREN

Both are primarily Data Center Operators (Colo) companies. IREN is larger by market cap ($14.1B vs $1.5B). IREN reports higher tracked revenue ($707M vs $544M).

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Side-by-side

21VianetIREN
Market cap$1.5B$14.1B
Revenue$544M (FY2019)$707M (FY2026)
Primary segmentData Center Operators (Colo)Data Center Operators (Colo)
Market positionnichechallenger
CountryChinaAustralia
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 IREN compare

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

Company hubs

21Vianet · IREN · AI & Data Center segment

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

Frequently asked questions3
Is 21Vianet bigger than IREN?
IREN is larger by market cap ($14.1B vs $1.5B).
What's the difference between 21Vianet and IREN?
21Vianet is a niche in Data Center Operators (Colo) based in China; IREN is a challenger in Data Center Operators (Colo) based in Australia. Both operate in the AI & Data Center segment.
Who are 21Vianet's and IREN's suppliers?
wafergraph tracks 4 suppliers for 21Vianet and 7 for IREN.