Jan 27, 2021 02:32 PM (GMT+8) · EqualOcean
On January 27, IDC, a world-famous research institution, released the report "China's public cloud service market (2020q3) tracking". According to the report, the market scale of China's public cloud IAAs in Q3 in 2020 will reach 21.64 billion yuan. As the top three Internet cloud service providers, Alibaba cloud, Tencent cloud and Jinshan cloud, together with China Telecom and AWS, account for 71.6% of the overall market share of IAAs. In the global digital wave, cloud computing, as the core infrastructure of information development, is playing an increasingly important role. As an important supporting concept of cloud computing 2.0, cloud native has become a powerful engine to drive the upgrading of digital infrastructure. According to the forecast of "China's public cloud service market (first half of 2020) tracking" released by IDC, the annual compound growth rate of China's public cloud IAAs from 2019 to 2024 will reach 40.1%. IDC pointed out that with the continuous development of domestic digital economy and the acceleration of enterprise digital transformation, China's public cloud IAAs is expected to be further developed.

This text is a result of machine translation.