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China's cloud market jumps 58% to USD 2.3 bln in Q2

Friday 13 September 2019 | 10:54 CET | News
China's cloud infrastructure services market spending jumped 58 percent year-on-year to USD 2.3 billion in the second quarter of 2019. Alibaba Cloud was top cloud services provider in the quarter, accounting for 43 percent of the market, more than the next four combined, according ot a report from Canalys. However, its growth of 47 percent year-on-year was lower than that of its main Chinese competitors. The report shows Tencent Cloud was the second largest cloud service provider, growing 88 percent year-on-year. Amazon Web Services (AWS) ranked third, with a year-on-year growth of 48

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Categories: Internet
Companies: Alibaba / Amazon / Baidu / Tencent
Countries: China
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