The China cloud infrastructure services market is anticipated to grow at a CAGR 10.4% during the forecast period. The factor such as the increasing number of smartphone users in China is one of the major factors that are driving the growth of the market. These numbers are further expected to grow during the forecast period, due to the supportive government initiative namely, The Broadband China Project, which focuses on providing access to high-speed broadband networks to 95 percent of the country’s urban population. The government views cloud computing as a strategic priority and included it in the nation’s 12th Five-Year Plan. The National Development and Reform Commission (NDRC) and the Ministry of Industry and Information Technology launched pilot cloud schemes in five cities: Beijing, Shanghai, Shenzhen, Hangzhou and Wuxi. China’s development blueprint for the next five years, the 13th Five-Year Plan (2016 – 2020), will likely reaffirm the strategic priority of cloud computing, with the NDRC planning continued investment through 2020.
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Moreover, China’s State Council has announced plans to invest billion in expanding broadband network infrastructure in rural areas of the country by the year 2020. These investments are focused on providing improved internet services to approximately 30 million households in the country, including about 50,000 villages, which currently does not have access to broadband. In addition, in 2015, the Chinese government announces the total investment of 5 billion on information and communication technologies, which is also estimated to drive the growth of the cloud infrastructure services in China.
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China Cloud Infrastructure Services Market Segmentation
By Deployment Model
- Public Cloud
- Private Cloud
- Hybrid Cloud
By End-User
- BFSI
- IT and Telecommunication
- Healthcare
- Government & Defense
- Retail
- Others
Company Profiles
- Amazon Web Services
- AT&T Corp.
- CenturyLink
- DigitalOcean
- Google Inc.
- IBM Corp.
- Microsoft Corp.
- Plaxonic Technologies
- Rackspace Holding Inc.
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