IDC: Chinese AI Cloud Market Size Meets USD 166 Mn in 2019
IDC's latest research on the Chinese AI cloud services market disclosed that the market grew to USD 166 million in 2019 and the estimated CAGR will reach 93.6% in 2018 - 2023. The AI public cloud market share is predominated by Baidu Cloud, followed by Alibaba Cloud, Tencent Cloud and other cloud services providers. Major Chinese Internet companies participate in cloud services competition. Infrastructural cloud services will scale up as China's digitalization process accelerated.