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Huawei Cloud ranks second in China cloud services market 2021: Canalys

Latest reply: Apr 1, 2022 16:25:37 781 20 6 0 0

Huawei Cloud ranks second in China cloud services market 2021: Canalys

1

On March 21, Canalys published the China cloud services market share report for the year 2021. In China, the overall 2021 was really powerful in terms of the cloud infrastructure service market. The year was completely successful with a year-on-year (YoY) growth rate of 33% in Q4 of 2021.

According to the reports, the China cloud service market grows by 45% in 2021, which is accounting for 27.4 billion USD. The top four China cloud vendors in 2021 include Alibaba Cloud, Huawei Cloud, Tencent Cloud, and Baidu AI cloud.

Together, these four vendors have covered 80% of the total market in 2021. However, they are continuously launching strategies to capture growth opportunities across the industry vertical solutions.

After analyzing the cloud market, Canalys shows the high expectations for 2022 and also China to reach 85 billion USD by 2026, representing a five-year CAGR of 25%.

2

Data Report:

In the market, Alibaba Cloud maintained its top position with 37% market spending in the cloud market. However, there is a slight decrease in Alibaba’s market share in 2022 because of policy regulation.

Huawei Cloud got the second position with 18% shares in the 2021 China cloud service market and noted an annual growth of 67%, which is a big achievement. Further, the third provider is Tencent with 16% of the market share and a growing 55%. Followed by Baidu AI Cloud accounted for 9% of the total market and 55% growth rate.

3

Cloud Services:

According to Canalys, cloud infrastructure services are the services that provide infrastructure as-a-service and platform as-a-service either on dedicated hosted private or shared public infrastructure.

It mainly excludes software-as-a-service expenditure directly but includes revenue generated from the infrastructure services being consumed to host and operate.


Source: https://www.canalys.com/newsroom/china-cloud-market-q4-2021


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user_4358465
Created Mar 25, 2022 10:14:20

Great update and info! Thanks for sharing this knowledge
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user_4397771
user_4397771 Created Jun 25, 2022 13:28:40 (0) (0)
 
TyphoonSvg
Created Mar 25, 2022 12:40:41

Posted by user_4358465 at 2022-03-25 10:14 Great update and info! Thanks for sharing this knowledge
You're welcome my friend
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user_4397771
user_4397771 Created Jun 25, 2022 13:28:46 (0) (0)
 
liqiang185
Admin Created Mar 31, 2022 02:31:03

Thanks for sharing!

This is good newsi_f01.gif

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Irshadhussain
Irshadhussain Created Mar 31, 2022 16:41:09 (0) (0)
 
NTan33
Created Mar 31, 2022 03:56:18

Very promising news indeed! Here's to even better days ahead!
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harisaliehsan
harisaliehsan Created Mar 31, 2022 16:41:38 (0) (0)
 
TyphoonSvg
Created Mar 31, 2022 08:10:06

Posted by liqiang185 at 2022-03-31 02:31 Thanks for sharing!This is good news
Welcome,my friend : D
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TyphoonSvg
Created Mar 31, 2022 08:10:51

Posted by NTan33 at 2022-03-31 03:56 Very promising news indeed! Here's to even better days ahead!
Yess :DD
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atadmrl251
Moderator Created Mar 31, 2022 15:50:02

Informative post, thank you!
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TyphoonSvg
Created Mar 31, 2022 16:36:53

Posted by atadmrl251 at 2022-03-31 15:50 Informative post, thank you!
Welcome,my friend
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Irshadhussain
Created Mar 31, 2022 16:41:16

Thanks for sharing!
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