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Overall market size of global public cloud services in 2020 From IDC

The following is the Overall market size of global public cloud services in 2020 From IDC recommended by recordtrend.com. And this article belongs to the classification: IaaS, IDC, PaaS, SAAS.

IDC’s latest “global and Chinese public cloud service market (2020) tracking” report shows that in 2020, the global public cloud service market size (IAAs / PAAS / SaaS) will reach US $312.42 billion, with a year-on-year growth of 24.1%, and China’s public cloud service market size will reach US $19.38 billion, with a year-on-year growth of 49.7%, with the highest growth rate in all regions of the world. IDC predicts that the global share of China’s public cloud service market will increase from 6.5% in 2020 to more than 10.5% by 2024.

The epidemic has stimulated the rapid growth of the global public cloud service market, especially the IAAs market. In 2020, the global IAAs market will reach US $67.19 billion, with a year-on-year growth of 33.9%. AWS, Microsoft, Alibaba, Google and IBM are among the top five in the market, accounting for 77.1% of the market share. In addition, Tencent, Huawei, China Telecom, Baidu and Jinshan have also occupied important market positions.

In 2020, the market size of China’s IAAs will reach US $11.93 billion, with a year-on-year growth of 53.7%. The growth rate of China’s IAAs market in the second half of 2020 is lower than that in the first half of 2020, but it still reaches the growth level of 51.8% in the fourth quarter, and it is expected to maintain a growth rate of more than 40% in 2022. In 2020, China’s public cloud service market will perform well in terms of product innovation, business model and industry expansion

Product and service innovation focuses on three aspects: high performance computing, persistent memory, bare metal and other subdivision computing and storage instance building; From the underlying infrastructure to the platform layer of cloud native strength construction; Resource layer management and control for complex IT environment and cloud native environment management and control for containers.

Business model exploration extends to hybrid cloud and edge cloud: public cloud service providers explore the deployment mode and application scenarios of cloud one after another to cope with the complexity and diversity of the market. Isomorphic hybrid cloud is increasingly becoming the mainstream, while edge cloud is gradually taking shape. Cloud network integration and cloud edge collaboration have become important issues to be solved.

In the first half and the second half of 2020, the industry showed deep differentiation: in the first half of 2020, the industry hot spots were mainly reflected in Pan Internet industry scenes such as video, games, online education, online conference, and the rise of cloud native transformation and application; In the second half of 2020, manufacturing, transportation, media, medical and other industries will start to think and practice more after the epidemic, use information technology to support online business collaboration, production efficiency improvement, business process optimization, etc., and accelerate the implementation of new scenarios driven by cloud + AI + IOT.

IDC’s latest report “China’s public cloud service market (the fourth quarter of 2020) tracking” shows that: in the fourth quarter of 2020, China’s IAAs market size is US $3.49 billion, Alibaba still occupies the first position in the market share, Huawei and Tencent rank second, China Telecom and AWS rank second, and the top five service providers jointly occupy 77.4% of the market share. In addition, the growth of Jinshan, Baidu, Inspur, Jingdong, etc. is stable, and the growth levels of China Mobile, ucloud, etc. are in the forefront.

Liu Lihui, senior research manager of IDC’s China enterprise research department, said: “large data center infrastructure supporting public cloud services can more effectively manage power capacity, optimize cooling and improve server utilization. Under the background of the global carbon neutral initiative and the high attention of the Chinese government, China’s public cloud service market is still expected to have a new round of development climax. Cloud service market should constantly improve products and services, enhance cooperation and innovation, meet the growing demand of multi industry, multi scene and multi technology integration, and think more about green, efficiency and sustainable and rapid development. “

Read more: IDC: the total market size of China’s public cloud services (IAAs / PAAS / SaaS) will reach US $8.4 billion in the first half of 2020, with a year-on-year growth of 51% IDC: the total market size of China’s public cloud services will reach US $5.42 billion in the first half of 2019 IDC: the total market size of China’s public cloud services will reach US $4 billion in 2017 Gartner: the global IAAs public cloud market will reach US $22.1 billion in 2016, with a year-on-year growth of 31% Gartner: 20 Global public cloud service market will grow by 21.4% IDC: in the first half of 2018, the overall market size of China’s public cloud service will exceed US $3 billion IDC: in 2018, China’s top ten public cloud IAAs service providers will occupy four seats IDC Japan: in 2017, Japan’s software market will reach 2.8367 trillion yen IDC: it is estimated that the global PAAS market will reach US $14 billion in 2017, with a compound annual growth rate of 30% IDC: in the first half of 2017 China’s public cloud IAAs market share Alibaba cloud’s market share expands to 47.6% Norda: public service industry’s demand for major cloud computing services 31% market share

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