Tag: cloud market

Cloud infrastructure services spending in China increased  43 percent year on year to US$7.2 billion in Q3 2021, according to Canalys. Alibaba Cloud remained the market leader, with Huawei Cloud and Tencent Cloud vying for second and third place. Baidu AI Cloud came in fourth place. The top four local cloud service providers dominated the home market again this year, accounting for 80 percent of total spend. However, Microsoft Azure and Amazon Web Services have both stated their intentions to expand their presence in mainland China through existing partnerships with local companies. ByteDance has announced its entry into the enterprise cloud computing market through its Volcano Engine brand, adding to the competition. As a result, the main Chinese cloud service providers are concentrating their efforts on expanding their  foreign data centres, particularly in Southeast Asia. Alibaba Cloud had a 38.3 percent market share in mainland China in Q3 2021. The Internet, financial services, and retail industries all contributed to the company’s 33.3 percent yearly revenue increase. With a 17.0 percent market share, Huawei Cloud was the second largest provider. It increased...

The latest Canalys report indicated the Cloud market share of Amazon Web Services (AWS), Microsoft Azure and Google in Q2 2020.Cloud infrastructure services spending...

The latest Canalys Research report has revealed the share of Amazon Web Services (AWS), Microsoft Azure and Google Cloud in the cloud infrastructure services market...

India’s cloud market is expected to grow at a rate of ~30 percent CAGR, and is estimated to touch over $7 billion in 2022,...

Despite fierce competition from its rivals, Amazon Web Services (AWS) continued to lead the cloud market in the first quarter, with a steady 33...