The scale of cloud computing industry in China has exceeded 100 billion yuan, accounting for 60percent of the Internet industry.

category:Finance
 The scale of cloud computing industry in China has exceeded 100 billion yuan, accounting for 60percent of the Internet industry.


From the regional point of view, North China, East China and South China are the dominant regions in the development of cloud computing industry in China. The share of North China is the highest, accounting for 23.1%, while that of East China and South China is 21.7% and 20.2% respectively. This is mainly due to the concentration of Chinas major Internet companies and users in finance, consumer goods, manufacturing and other industries.

Although the domestic cloud computing industry is growing rapidly, it is noteworthy that there is still a large gap between the size of the industry and the European and American countries. In 2018, the size of Chinas cloud computing market is only about 8% of the US cloud computing market, while Chinas GDP accounted for about 66% of the US GDP in the same period.

In addition, in horizontal comparison, the cloud uptake rate of Chinese enterprises is still at a low level. According to data from McKinsey and other research institutes, the cloud uptake rate of American enterprises reached more than 85% in 2018, and that of European Union enterprises was about 70%. According to incomplete statistics from organizations and institutions such as China Electronics Society, the cloud uptake rate of Chinese enterprises in various industries was only about 40% in 2018.

IDC and other research institutes show that the most common and core constraints affecting domestic enterprises are cloud computing security and data privacy protection. In order to dispel such concerns, the White Paper suggests that security measures should be strengthened in three aspects: software, hardware and management: on the one hand, a hierarchical security system for cloud computing security should be established, and specific industry security standards and usage norms should be formed for cloud data in terms of service availability, data confidentiality and integrity, privacy protection, etc. On the other hand, we should strengthen the innovation, development and application of software and hardware security tools. According to the White Paper, with the promotion of new technologies and applications such as 5G, edge computing and artificial intelligence, the scale of cloud computing industry in China will continue to grow in the future. According to the published data from research institutes such as ICT and IDC, it is estimated that the scale of cloud computing industry in China will exceed 300 billion yuan in 2023, and the cloud uptake rate from government and large enterprises will exceed 60%. Source: Responsible Editor of Interface News: Yang Zeyu_NF6036

IDC and other research institutes show that the most common and core constraints affecting domestic enterprises are cloud computing security and data privacy protection. In order to dispel such concerns, the White Paper suggests that security measures should be strengthened in three aspects: software, hardware and management: on the one hand, a hierarchical security system for cloud computing security should be established, and specific industry security standards and usage norms should be formed for cloud data in terms of service availability, data confidentiality and integrity, privacy protection, etc. On the other hand, we should strengthen the innovation, development and application of software and hardware security tools.

According to the White Paper, with the promotion of new technologies and applications such as 5G, edge computing and artificial intelligence, the scale of cloud computing industry in China will continue to grow in the future. According to the published data from research institutes such as ICT and IDC, it is estimated that the scale of cloud computing industry in China will exceed 300 billion yuan in 2023, and the cloud uptake rate from government and large enterprises will exceed 60%.