China public cloud market share in 2021; IaaS+PaaS grew by 43% in H2

CIW / Technology / China public cloud market share in 2021; IaaS+PaaS grew by 43% in H2 May 23, 2022 By CIW Team In the second half of 2021, the overall market of China's public cloud services (IaaS/PaaS/SaaS) reached US$15.13 billion, of which the IaaS market increased by 40.1% (47.5% in H1) and the PaaS market increased by 55.7% (53.9% in H1) year-on-year, according to data from IDC. From the perspective of the IaaS + PaaS market, the first half of 2021 increased by 43% (vs. 48.6% in H1) year-on-year, down 6% from the first half of 2021, but still maintained the highest growth rate in the world. In the next five years, China's public cloud market will continue to grow at a compound growth rate of 30.9%. It is expected that by 2026, the market will reach US$105.76 billion, and the global share of China's public cloud service market will increase from 6.7% in 2021 to 9.9%. The competition in China's cloud computing extends from focusing on infrastructure to the competition of comprehensive cloud platform capabilities. In addition to increasing investment in infrastructure construction at... Already subscribed? Sign in. Don't Miss Out. Invest with as little as one bottle of water per week. Join other top analysts and business executives and navigate the unique market with China Internet Watch. View subscription options » Cancel at any time Filed Under: Technology Tagged With: china telecom, ciw premium, cloud computing

China public cloud market share in 2021; IaaS+PaaS grew by 43% in H2

In the second half of 2021, the overall market of China's public cloud services (IaaS/PaaS/SaaS) reached US$15.13 billion, of which the IaaS market increased by 40.1% (47.5% in H1) and the PaaS market increased by 55.7% (53.9% in H1) year-on-year, according to data from IDC.

From the perspective of the IaaS + PaaS market, the first half of 2021 increased by 43% (vs. 48.6% in H1) year-on-year, down 6% from the first half of 2021, but still maintained the highest growth rate in the world.

In the next five years, China's public cloud market will continue to grow at a compound growth rate of 30.9%. It is expected that by 2026, the market will reach US$105.76 billion, and the global share of China's public cloud service market will increase from 6.7% in 2021 to 9.9%.

The competition in China's cloud computing extends from focusing on infrastructure to the competition of comprehensive cloud platform capabilities. In addition to increasing investment in infrastructure construction at...

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