GDS Holdings vs Iron Mountain

GDS Holdings's primary segment is Data Center REITs; Iron Mountain's is Data Center Operators (Colo). Iron Mountain is larger by market cap ($33.8B vs $5.5B). Iron Mountain reports higher tracked revenue ($6.9B vs $1.6B).

Shared segment: AI & Data Center.

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Side-by-side

GDS HoldingsIron Mountain
Market cap$5.5B$33.8B
Revenue$1.6B (FY2025)$6.9B (FY2025)
Primary segmentData Center REITsData Center Operators (Colo)
Market positionmajormajor
CountryChinaUnited States
Tracked suppliers44
Tracked customers55
Chokepoint / criticality8/1008/100

Market caps/revenue from the wafergraph dataset · data as of 2026-10-04. Criticality is a graph-derived chokepoint score (0–100). Coverage is partial; "Unpriced" means no reliable market cap.

How GDS Holdings and Iron Mountain compare

  • Size: Iron Mountain is the larger company by market cap.
  • Revenue: Iron Mountain reports higher tracked revenue.
  • Supply-chain criticality: Both companies have the same chokepoint score (8/100).
  • Footprint: GDS Holdings (China) vs Iron Mountain (United States).

Company hubs

GDS Holdings · Iron Mountain · AI & Data Center segment

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Cite as: wafergraph, “GDS Holdings vs Iron Mountain”, https://wafergraph.com/compare/gds-vs-iron_mountain (data as of 2026-10-04).

Frequently asked questions3
Is GDS Holdings bigger than Iron Mountain?
Iron Mountain is larger by market cap ($33.8B vs $5.5B).
What's the difference between GDS Holdings and Iron Mountain?
GDS Holdings is a major in Data Center REITs based in China; Iron Mountain is a major in Data Center Operators (Colo) based in United States. Both operate in the AI & Data Center segment.
Who are GDS Holdings's and Iron Mountain's suppliers?
wafergraph tracks 4 suppliers for GDS Holdings and 4 for Iron Mountain.