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China Cloud Infrastructure Services Market Size, Share, Analysis, Trends, Supply, Demand & Forecast to 2025

02-18-2020 07:49 AM CET | IT, New Media & Software

Press release from: Orion Market Research

China Cloud Infrastructure Services Market

China Cloud Infrastructure Services Market

The China cloud infrastructure services market is anticipated to grow at a CAGR 10.4% during the forecast period. The factor such as the increasing number of smartphone users in China is one of the major factors that are driving the growth of the market. These numbers are further expected to grow during the forecast period, due to the supportive government initiative namely, The Broadband China Project, which focuses on providing access to high-speed broadband networks to 95 percent of the country's urban population.

Get Sample Copy of China Cloud Infrastructure Services Market at: https://www.omrglobal.com/request-sample/china-cloud-infrastructure-service-market

The key market players that are active in the Indian cloud infrastructure services market includes Amazon Web Services, Google Inc., IBM Corp., Microsoft Corp., CenturyLink, Digital Ocean and Rackspace Holding Inc.

The government views cloud computing as a strategic priority and included it in the nation's 12th Five-Year Plan. The National Development and Reform Commission (NDRC) and the Ministry of Industry and Information Technology launched pilot cloud schemes in five cities: Beijing, Shanghai, Shenzhen, Hangzhou and Wuxi. China's development blueprint for the next five years, the 13th Five-Year Plan (2016 - 2020), will likely reaffirm the strategic priority of cloud computing, with the NDRC planning continued investment through 2020.

For More Information, get A full report of China Cloud Infrastructure Services Market is available at: https://www.omrglobal.com/industry-reports/china-cloud-infrastructure-service-market

Moreover, China's State Council has announced plans to invest $22 billion in expanding broadband network infrastructure in rural areas of the country by the year 2020. These investments are focused on providing improved internet services to approximately 30 million households in the country, including about 50,000 villages, which currently does not have access to broadband. In addition, in 2015, the Chinese government announces the total investment of $465 billion on information and communication technologies, which is also estimated to drive the growth of the cloud infrastructure services in China.

The market players are considerably contributing to the market growth by the adoption of various strategies including new product launch, merger, and acquisition, collaborations with government, funding to the start-ups and technological advancements to stay competitive in the market.

Market Segmentation

China Cloud Infrastructure Services Market by Deployment Model

o Public Cloud
o Private Cloud
o Hybrid Cloud

China Cloud Infrastructure Services Market by End-User

o BFSI
o IT and Telecommunication
o Healthcare
o Government & Defense
o Retail
o Others

For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/china-cloud-infrastructure-service-market

Media Contact:

Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +1 646-755-7667, +91 7803040404

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

For More Information, Visit https://www.omrglobal.com/

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