Investment value of cloud computing in China 2019-2024

Published by
Daniel Slotta,
Jul 5, 2024

In 2023, the investments in the Chinese cloud computing industry amounted to almost 18 billion yuan. Two years prior in 2021, investment in the industry surged and, as a consequence, revenue of leading cloud providers increased from 2022 onwards.

Value of cloud computing investments in China from 2019 to February 2024 (in billion yuan)

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Release date

March 2024

Region

China

Survey time period

2019 to February 2024

Supplementary notes

One yuan equals 0.14 U.S. dollars and 0.13 euros (as of July 2024).

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Leading cloud service provider

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