China's public cloud computing market size 2017-2023
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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.
