Cloud computing services have grown in popularity over the years due to the ease of access and flexibility they provide to users who can access their work for the cloud anywhere they go. This convenience is owing to the vast network of remote data control centers. In China in 2023, the public cloud computing market has increased to nearly 456 billion yuan in market size.
The cloud computing market in China
As of 2023, the aggregated size of China’s cloud computing market was valued at 617 billion yuan with. The three main categories of services offered by the cloud computing sector are namely Software-as-a-Service (SaaS), Platform-as-a-Service (PaaS), and Infrastructure-as-a-Service (IaaS).
Public cloud computing services in China
China is the second-largest public cloud computing market in the world after the United States. While China’s public cloud computing market is relatively small compared to the private cloud market. 2019 was the year in which the public cloud computing market size outperformed private in terms of growth, exhibiting a 57 percent year-on-year change.
Size of the public cloud computing market in China from 2017 to 2023
(in billion yuan)
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CAICT, & Sina.com.cn. (July 23, 2024). Size of the public cloud computing market in China from 2017 to 2023 (in billion yuan) [Graph]. In Statista. Retrieved November 17, 2024, from https://www.statista.com/statistics/1142559/china-public-cloud-computing-market-size/
CAICT, und Sina.com.cn. "Size of the public cloud computing market in China from 2017 to 2023 (in billion yuan)." Chart. July 23, 2024. Statista. Accessed November 17, 2024. https://www.statista.com/statistics/1142559/china-public-cloud-computing-market-size/
CAICT, Sina.com.cn. (2024). Size of the public cloud computing market in China from 2017 to 2023 (in billion yuan). Statista. Statista Inc.. Accessed: November 17, 2024. https://www.statista.com/statistics/1142559/china-public-cloud-computing-market-size/
CAICT, and Sina.com.cn. "Size of The Public Cloud Computing Market in China from 2017 to 2023 (in Billion Yuan)." Statista, Statista Inc., 23 Jul 2024, https://www.statista.com/statistics/1142559/china-public-cloud-computing-market-size/
CAICT & Sina.com.cn, Size of the public cloud computing market in China from 2017 to 2023 (in billion yuan) Statista, https://www.statista.com/statistics/1142559/china-public-cloud-computing-market-size/ (last visited November 17, 2024)
Size of the public cloud computing market in China from 2017 to 2023 (in billion yuan) [Graph], CAICT, & Sina.com.cn, July 23, 2024. [Online]. Available: https://www.statista.com/statistics/1142559/china-public-cloud-computing-market-size/