Estimation: 2017 Chinese Cloud Computing Market Share Will Hit $10 Billion

2017-03-16 02:54 Posted by: Jeniffer in Cloud Computing, Cloud Storage, News Go to Comment

On March 14, TELWorld published a report analyzing 2016 Chinese cloud computing and cloud storage market. By comprehensively analyzing the cloud service and cloud storage market, this report uncovers the current situation of the market. 

The report is mainly based on the data related to operators, which is very different from other research reports paying more attention to sales. Therefore, TELWorld’s report focuses on the real market situation of cloud services and cloud storage market.

According to the data revealed in the report, in 2016, Chinese cloud service market scale has surpassed $7.25 billion, and TELWorld also estimates that in 2017 Chinese cloud computing market share will reach at least $10 billion. Over the past three years, the CAGR is more than 32%, and 2016 CAGR is higher than before. 

The large market scale brings the specific cloud service demands, and the report also discusses these cloud demands in 2016. According to the statistics, the cloud service market demands cloud hosting and cloud storage most, the demand for cloud ad is gradually increasing, and the needs to virtual desktop, network acceleration, and databases are slowing down.

In addition to that, the report also makes an overall analysis and research on the enterprises using cloud services in China. The results shows that in 2016 cloud service industry, the internet enterprises have the highest usage, among which game, eCommerce, finance, video, and cellphone companies’ cloud service usage ranks on top five. 

Besides, TELWorld also forecasts the applications of various cloud services in 2017 in the report. According to the values, the usage amount of game cloud will be the biggest, and eCommerce cloud will be next to it. Based on the tendency, financial cloud, video cloud, industry cloud, and government service cloud all have great market potential. 

Another highlight of the report is that there are Top5 Chinese Cloud Enterprises 2016. Aliyun is the top 1, while China Telecom’s eCloud and China Unicom’s Wo Cloud are the two cloud services providers growing relatively rapidly. For the Top5 Chinese Cloud Storage Companies, there are Aliyun, eCloud, Wo Cloud, 21Vianet, and Western Digital Corporation respectively. For the CDN services that operators are good at, China Unicom’s Wo Cloud has the second, eCloud is next to it.  

Insiders point out that security and speediness are vital to cloud storage development. As operators, China Telecom and China Unicom have advantages in terms of high broadband sources and security. 

The report also analyzes that cloud service capacity rises rapidly, the cloud computing infrastructure develops fast, and the cloud storage potential is also very huge. In the end of the report, there is a prediction about 2017 cloud service market:

  • Cloud service market will continue to grow fast, and the annual rate of increase will be above 30%;
  • Innovative enterprises will increase, and the venture investment will be still interested in innovative services; 
  • The cloud service capacity will increase, and Aliyun, eCloud, and Wo Cloud will continuously expand their cloud service construction;
  • The cloud service market concentration will intensify, as the market shares of Aliyun, eCloud and Wo Cloud will increase;
  • The demand for security will increase, while the cloud security market will rapidly expand. 

Generally, the expectation of 2017 Chinese cloud service market is bullish.

Tagged with:

Related Articles

IDC Releases China IaaS Public Cloud Market Share 2016 Report
05/24
When it comes to IaaS public cloud market share in China, Alibaba Cloud continues to lead the pack, followed by China Telecom, Tencent Cloud, and Ksyun, according to the latest data released by IDC.
Microsoft to Create DNA Storage System DC within a Decade
05/23
Microsoft shows its ambition about DNA storage in a post in MIT Technology Review. To be specific, Microsoft intends to build a DNA storage system data center within the future 10 years.
China’s Huawei to Help Bulgaria in Cloud Development
05/23
It has been reported that Chinese tech giant Huawei and Bulgaria’s largest telecom company Vivacom signed the agreement of a strategic partnership, in which the two companies agree to promote the development of cloud technologies in favor of Bulgarian businesses as well as government.
Bombardier Signs $700 Million Deal with IBM Cloud for Train, Planes and Cloud Services
05/22
The leading transportation company of Canada Bombardier will spend around $700 million in the course of six years to extend its partnership along with IBM Cloud for availing its cloud services.
Wix Coordinates with Google to Help Users be Found Online
05/22
Wix has teamed up with Google. A new tool has been released for the Wix users that will help them in being found easily on Google.
Comment
Be the first to comment!
About the author
Jeniffer
Views: 16473
Articles: 114

Author's Hot Articles

godaddy
hub

Hot Posts

Service Recommendation

Cloud Hosting
Cloud hosting is the fastest growing hosting solutions in the industry. »
Cloud Storage
Best Cloud Storage are named based on customer and expert reviews. »
SSL
The most popular SSL certificate providers in the industry are here. »
China Web Hosting
Find out a comprehensive evaluation to the host service provider in China. »
bluehost
Chat Advertising cooperation TOP