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Chinese cloud infrastructure market generated $3.3B in Q42019

March 18, 2020

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Research firm Canalys reports that the Chinese cloud infrastructure market grew 66.9% to $3.3 billion in the last quarter of 2019, right before the COVID-19 virus hit the country. China is the second largest cloud infrastructure market in the world with 10.8% share.

The quarter puts the Chinese market on a $13.2 billion run rate. Canalys pegged the US market at $14 billion for the same time period with a 47% worldwide market share.

Alibaba led the way in China with over 46% market share. Like its American eCommerce giant counterpart, Amazon, Alibaba has a cloud arm, and it dominates in its country much the same way AWS does in the U.S.

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