In 2021, the global Internet of Things (enterprise-level) expenditure reached $690.26 billion and is expected to reach $1.1 trillion in 2026, with a five-year (2022-2026) compound growth rate (CAGR) of 10.7%, according to data from IDC. Among them, China’s enterprise market will reach US$294 billion in 2026, with a compound growth rate (CAGR) of 13.2%. […]
China Cloud Computing
Top cloud computing companies in China include Alibaba Cloud, Tencent, Baidu, JD, China Telecom, etc. Overall, Alibaba has the largest market share in China while Baidu leads in AI Cloud. Find out more.
China Cloud Computing Market Forecast
By 2021, more than 90% of Chinese enterprises will rely on a combination of local/exclusive private clouds, multiple public clouds, and legacy platforms to meet their infrastructure needs, according to IDC.
By 2022, 50% of enterprises will deploy unified VMS, Kubernetes, and multi-cloud management processes and tools to support multi-cloud management and governance across local and public cloud deployments.
By 2022, 60% of China's top 500 enterprises will invest in the automation, orchestration and development life cycle management of cloud-native applications and platforms.
By 2023, 90% of new digital services will use services provided by the public cloud and internal APIs to build composite applications; half of them will use artificial intelligence (AI) and machine learning (ML).
By 2023, 50% of Chinese enterprise applications will be deployed in a containerized hybrid / multi-cloud environment to provide an agile, seamless deployment and management experience.
By 2024, 10% of the internal workload of the enterprise will be supported by the public cloud stack outside the data center of the public cloud service provider, located in the customer data center and at the edge.
By 2024, 55% of Chinese enterprises will reduce the cost and complexity of enterprise application customization by investing in SaaS applications and platforms in specific industries.
By 2024, 50% of large Chinese enterprises will rely on the help of third-party service providers (SPs) in container, open-source and cloud-native application development.
By 2025, 50% of China's enterprise IT infrastructure spending will be allocated to the public cloud, and a quarter of enterprise IT applications will run on public cloud services.
China’s edge computing server market reached US$3.31 billion in 2021, an increase of 23.9% over 2020. IDC predicts that from 2020 to 2025, the annual compound growth rate of the edge computing servers market in China will reach 22.2%, higher than 20.2% in the world. According to the deployment location, IDC classifies edge computing into […]
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 […]
China’s cloud infrastructure services market grew by 45% to US$27.4 billion in 2021 according to Canalys.
After the market recovered in 2018 and the growth fell slightly in 2019, caused by the epidemic, the growth rate of SaaS market rose again in 2020. In 2020, the SaaS market in China reached 53.8 billion yuan, a year-on-year increase of 48.7%. At this stage, the capital market’s attitude towards SaaS is more rational, […]
Baidu opened Baidu Create 2021 on 27 December, the first day of a three-day annual flagship developers’ conference on its metaverse app XiRang. The event was also China’s first-ever metaverse technology symposium.
Enterprises need to consider nine aspects of digital priority in the next two years: wireless connection, personalization, digital twin, edge data, domain intelligence, mixed work, security and privacy, remote operation, and software innovation, according to the CEO of IDC China. The 14th five-year plan is the cornerstone of the development trend of China’s ICT market, […]
Alibaba Cloud unveiled a new in-house processor design for use in its data centers. The server chips, named Yitian 710, are custom-built by Alibaba Group’s chip development business, T-Head.
China’s AI public cloud service market reached 2.41 billion yuan (US$370 million), accounting for 10.4% of the overall AI software market. IDC estimates that by 2025, the proportion of public cloud services in China’s AI software market will reach 36.1%. China’s AI software market reached 23.09 billion yuan in 2020, about 60% of the US […]
In 2020, the overall scale of the big data market in China exceeded US$10 billion for the first time, with a year-on-year growth of 15.9% over 2019, according to data from IDC. In the long run, China’s big data expenditure shows a steady growth trend as a whole, and the total market volume is expected […]
More than 60% of Chinese executives say Chinese companies will become more competitive in the face of European and American companies than they used to be. In contrast, 40 percent of North American executives and 45 percent of European executives say the market will be less competitive than China after the outbreak. In recent research […]
The digital automobile and transportation market is considered to be the entire ecosystem of companies, products, and services related to automobiles and transportation infrastructure based on the Internet, IoT, and third-party platform technologies. The digital automobile and transportation ecosystem includes a wide range of market participants, including but not limited to: automobile manufacturers, suppliers and […]
Affected by COVID-19, the global networks market in 2020 (including Ethernet switches, routers, and WLAN) has declined year by year. China’s network market growth is still positive due to effective epidemic control and economic growth resilience. Looking forward to 2021 and the next few years, China’s network market will enter the era of medium speed […]
The total revenues of China’s internet data center businesses reached 113.24 billion yuan and are expected to grow at a CAGR of 30%. China’s data center market is estimated to reach 149.4 billion yuan in 2020, with an increase of almost 32%. The drivers behind the demand in China’s data center include Growth of internet […]
In 2020, China’s PC market affected by the epidemic was like being on a roller coaster. In the first quarter of 2020, China’s PC market dropped by 28.1% year on year, but the growth rate in the next three quarters is about 10% year on year. IDC predicts that China’s PC market will grow by […]