According to the research and survey results of Frost & Sullivan (Frost & Sullivan, abbreviated as: Frost & Sullivan) on China's public cloud market, the market scale reached 839 billion yuan in the first half of 2021, a year-on-year increase of 38.5%, maintaining a steady growth trend amidst fierce competition within the industry. Driven by multiple policies related to building the digital economy, enterprises have accelerated their digitalization process, deepened industrial internet development, and thus continuously drove the growth of China's public cloud market.
Looking at the IaaS market, in the first half of 2021, the top five vendors accounted for 83.8% of the overall market share. Alibaba Cloud continued to maintain its leading position, followed by Huawei Cloud in second place, Tencent Cloud in third place, and Tianyi Cloud and Kingsoft Cloud in fourth and fifth place respectively. Alibaba Cloud's leading position in the public cloud market remains solid. By continuously advancing the cloud-ding integrated strategy, deeply cultivating the digital transformation of government and enterprise data, enhancing the stickiness of government and enterprise users, and thereby promoting continuous business growth. Huawei Cloud has proposed the 'Cloud-Cloud Collaboration' strategy, which deeply coordinates Huawei Cloud and Huawei Terminal Cloud in terms of capabilities and ecosystems, and released ten new services such as Huawei Cloud Stack 8.1 and Huawei Cloud Spark RTC to improve comprehensive service capabilities. Tencent Cloud relies on its C2B capabilities and ecological diversity to deeply cultivate fields such as finance, government affairs, smart cities, culture and tourism, and maintains stable growth through differentiated competition. Tianyi Cloud has upgraded to version 4.0 based on distributed clouds, with low-latency and localized data services that can meet the needs of the down-market market, firmly ranking fourth in China's public cloud market. Kingsoft Cloud continues to enhance its capabilities at the PaaS level in big data, databases, RTC, and video encoding/decoding, while further enriching its Internet customer resources through ecological cooperation with digital solution provider Kailite.
Source: Frost & Sullivan
Looking at the IaaS+PaaS market, five leading companies—Alibaba Cloud, Huawei Cloud, Tencent Cloud, Tianyi Cloud, and Kingsoft Cloud—share 81.9% of the market share. Alibaba Cloud continues to maintain its leading position, followed by Huawei Cloud in second place; Tencent Cloud in third place; Tianyi Cloud and Kingsoft Cloud in fourth and fifth place respectively.
Source: Frost & Sullivan
Under the guidance of the '14th Five-Year Plan' national strategy for new infrastructure construction, there is a huge demand for enterprises to transform and upgrade digitally. Cloud providers are increasing investment in infrastructure construction, strengthening their self-developed capabilities, big data analysis, and data management capabilities, building differentiated advantages, and improving comprehensive service capabilities. Moreover, cloud computing is an important part of new infrastructure construction and also the core driving force for helping industries upgrade and cultivate the digital economy. Therefore, industries such as retail, manufacturing, healthcare, finance, and pharmaceuticals are increasing their investment scale in the field of cloud computing, injecting new vitality into the growth of China's public cloud market.
