41.6 billion public cloud market: Ali 17.3 billion, Tencent 5 billion, Huawei 3.5 billion

41.6 billion public cloud market: Ali 17.3 billion, Tencent 5 billion, Huawei 3.5 billion

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IDC Consulting's "China Public Cloud Service Market (2020H1) Tracking Report" shows that the overall market size of China's public cloud services (IaaS/PaaS/SaaS) in H1 2020 will reach US$8.4 billion, an increase of 51% year-on-year.

 

Among them (IaaS+PaaS) market size is 6.405 billion U.S. dollars (approximately 41.6 billion RMB). The IaaS market grew 57.1% year-on-year, and the PaaS market grew 64.4% year-on-year.

 

 

 

• In 2020, H1 Alibaba Cloud's revenue was 17.3 billion yuan, a year-on-year increase of 58.9%; market share increased by 0.2% to 41.6%;
• Tencent Cloud's revenue was 5 billion yuan, an increase of 59.5% year-on-year; its market share increased by 0.1% to 12% year-on-year;
• Huawei Cloud revenue was 3.5 billion yuan, a year-on-year increase of 132.5%; market share increased by 2.7% to 8.4% year-on-year;
• China Telecom's revenue was 3.14 billion yuan, an increase of 64.9% year-on-year; its market share increased by 0.3% to 7.5% year-on-year;
• AWS revenue was 2.98 billion yuan, an increase of 48% year-on-year; its market share decreased by 0.5% year-on-year to 7.2%;
• Baidu Cloud's revenue was 1.7 billion yuan, an increase of 28.5% year-on-year; its market share decreased by 0.9% to 4.1% year-on-year;
• Kingsoft Cloud’s revenue was 1.38 billion yuan, a year-on-year increase of 56.7%; the market share remained unchanged, 3.3%;
• Azure revenue was 1.16 billion yuan, an increase of 53.2% year-on-year; its market share decreased by 0.1% to 2.8% year-on-year;
• Inspur Cloud's revenue was 960 million yuan, an increase of 51.2% year-on-year; its market share decreased by 0.1% to 2.3% year-on-year;
• JD Cloud's revenue was 920 million yuan, an increase of 62.2% year-on-year; the market share remained unchanged, 2.2%;
• China Mobile's revenue was 610 million yuan, a sharp increase of 247.5% year-on-year; its market share increased by 0.8% to 1.5% year-on-year;
• UCloud's revenue was 610 million yuan, an increase of 22.7% year-on-year; its market share decreased by 0.4% to 1.5% year-on-year.

 

In 2020, Q2 public cloud (IaaS+PaaS) market size will be 3.294 billion US dollars, and Q1 will be 3.112 billion US dollars.

 

IDC said: The rapid growth of China's public cloud service business in the first half of 2020 mainly comes from three aspects:

 

• First, the epidemic has stimulated a surge in business demands such as online entertainment, consumption, learning, office, collaboration, and delivery;
• Second, the new infrastructure has accelerated the construction investment and service progress of cloud data centers, and also promoted the integrated application of cloud, AI, big data, and Internet of Things technologies in industries, finance and other industries;
• Third, continued investment in the pan-government industry has stimulated the application of cloud services in the fields of smart government affairs, smart healthcare, and smart transportation.