The leading technology analyst firm Canalys has estimated that the China cloud infrastructure market has grown at over 66% in the Q4 in 2019. The total spend in this period clocked an impressive $3.3 billion. This makes China the second-largest cloud market in the world.
In the Q4 in 2019, Alibaba Cloud was unsurprisingly the leading cloud provider which accounted for over 46.4% of the total spend. Tencent Cloud was second to Alibaba Cloud at 18% and Baidu AI Cloud was the third-largest spender in the China cloud infrastructure market, according to the research firm.
Canalys Senior Analyst YihKhai Wong said that these companies opened up their platforms that helped the new and existing customers in using the free resources to maintain their operations.
Further, the research by Canalys revealed that for the full year of 2019 China’s cloud infrastructure services spend increased by 63.7% (exceeded $10.7 billion). In the whole of 2019, Alibaba Cloud ranked number one (46.1%) followed by Tencent Cloud. AWS was third and Baidu AI Cloud was fourth.
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