In 2023, the size of the data circulation industry in China amounted to 133 billion yuan. According to the forecast, the market size was projected to reach 204 billion yuan by 2025. As the artificial intelligence industry undergoes rapid growth, the demand for training data increased as well. The Chinese government has placed strict regulations on training data and companies face heave backlash if they violate the guidelines, which is why data governance has become a crucial aspect of the AI industry.
Size of the data circulation market in China from 2021 to 2023, with estimates until 2025, by segment
(in billion yuan)
One yuan equals 0.14 U.S. dollars and 0.13 euros (as of February 2025).
The scope of “data security and services” includes:
Data software, solutions and services with API services, data circulation services, etc. as the main business;
Data security technology products (providing services related to big data security and using big data to improve the security management mechanism, etc.);
Consulting related to data elements, standards, testing, training and other related industrial support services.
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Eastmoney.com. (September 30, 2024). Size of the data circulation market in China from 2021 to 2023, with estimates until 2025, by segment (in billion yuan) [Graph]. In Statista. Retrieved May 03, 2025, from https://www.statista.com/statistics/1560136/china-size-of-the-data-circulation-market-by-segment/
Eastmoney.com. "Size of the data circulation market in China from 2021 to 2023, with estimates until 2025, by segment (in billion yuan)." Chart. September 30, 2024. Statista. Accessed May 03, 2025. https://www.statista.com/statistics/1560136/china-size-of-the-data-circulation-market-by-segment/
Eastmoney.com. (2024). Size of the data circulation market in China from 2021 to 2023, with estimates until 2025, by segment (in billion yuan). Statista. Statista Inc.. Accessed: May 03, 2025. https://www.statista.com/statistics/1560136/china-size-of-the-data-circulation-market-by-segment/
Eastmoney.com. "Size of The Data Circulation Market in China from 2021 to 2023, with Estimates until 2025, by Segment (in Billion Yuan)." Statista, Statista Inc., 30 Sep 2024, https://www.statista.com/statistics/1560136/china-size-of-the-data-circulation-market-by-segment/
Eastmoney.com, Size of the data circulation market in China from 2021 to 2023, with estimates until 2025, by segment (in billion yuan) Statista, https://www.statista.com/statistics/1560136/china-size-of-the-data-circulation-market-by-segment/ (last visited May 03, 2025)
Size of the data circulation market in China from 2021 to 2023, with estimates until 2025, by segment (in billion yuan) [Graph], Eastmoney.com, September 30, 2024. [Online]. Available: https://www.statista.com/statistics/1560136/china-size-of-the-data-circulation-market-by-segment/
