Figure of the day: Public IaaS/ PaaS in China

Figure of the day: Public IaaS/ PaaS in China

According to PAC, Public IaaS/ PaaS will generate a CNY54bn market in 2021 (US$8bn or €7bn) in China, representing 9% of the worldwide Public IaaS/ PaaS market, thus building the second largest market behind the USA.
The Chinese Public IaaS/ PaaS market will reach nearly CNY 133 bn (US$20bn or €17bn) in 2024.

More details in our market figures & forecasts on SITSI: