IDC: China's exclusive cloud service market is expected to reach 21.68 billion RMB in the second half of 2024, a year-on-year increase of 11.0%.

According to the latest "China Dedicated Cloud Service Market Tracking" report released by the international data company (IDC), the size of China's dedicated cloud service market reached 21.68 billion yuan in the second half of 2024, an increase of 11.0% year-on-year, and the market size for the whole year of 2024 reached 39.2 billion yuan. Among them, the dedicated hosting cloud service market grew steadily by 10.3%, with a market size of 21.05 billion yuan; the dedicated cloud-as-a-service market grew by 39.5% year-on-year, surpassing 6.3 billion yuan, showing an initial trend of structural upgrading.