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By CIW Crew
Within the second half of 2021, the general market of China’s public cloud companies (IaaS/PaaS/SaaS) reached US$15.13 billion, of which the IaaS market elevated by 40.1% (47.5% in H1) and the PaaS market elevated by 55.7% (53.9% in H1) year-on-year, in line with information from IDC.
From the attitude of the IaaS + PaaS market, the primary half of 2021 elevated by 43% (vs. 48.6% in H1) year-on-year, down 6% from the primary half of 2021, however nonetheless maintained the very best development charge on this planet.
Within the subsequent 5 years, China’s public cloud market will proceed to develop at a compound development charge of 30.9%. It’s anticipated that by 2026, the market will attain US$105.76 billion, and the worldwide share of China’s public cloud service market will improve from 6.7% in 2021 to 9.9%.
The competitors in China’s cloud computing extends from specializing in infrastructure to the competitors of complete cloud platform capabilities. Along with rising funding in infrastructure development at…
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