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
| 21Vianet | IREN | |
|---|---|---|
| Market cap | $1.5B | $14.1B |
| Revenue | $544M (FY2019) | $707M (FY2026) |
| Primary segment | Data Center Operators (Colo) | Data Center Operators (Colo) |
| Market position | niche | challenger |
| Country | China | Australia |
| Tracked suppliers | 4 | 7 |
| Tracked customers | 5 | 5 |
| Chokepoint / criticality | 6/100 | 7/100 |
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).
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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.