Cloud Computing
Market in China 2014
report captures the current scenario of the Cloud Computing Market in China.
Government initiatives and investments coupled with major foreign players
entering into strategic partnerships with the domestic vendor is propelling the
market in China. Additionally, dramatic cost reduction along with increased
speed and flexibility and widespread use of internet is helping the cloud industry
to grow significantly. As the cloud market in China is still in the growth
stage, major foreign players like IBM and Microsoft are aiming to capture a
lion’s share of the market.
Increased
investment by the Chinese government and increased inflow of cloud-related
venture capital funds are further contributing to the growth of this industry.
The Chinese government’s 12th 5-year plan includes investing significantly in
creating new cloud platforms, and building and deployment of cloud datacenters
across the country. China has jumped on cloud computing bandwagon as it makes
way for huge developments in cloud computing aimed at servicing government and
industry needs. In most cases China is also looking to boost its own complete
data center supply chain with regional hubs creating local product and service
delivery methods.
China’s
cloud computing market, however, is faced with many challenges. Concerns for
data sovereignty and privacy, cloud reliability and after-sales service,
bandwidth issue, among others are preventing Chinese users from using cloud
services more widely. Currently the market size of the cloud industry in China
is around 3 percent of the global cloud market.
The
cloud computing industry has sensed the need for mobile cloud owing to the rapid
growth of mobile devices applications in China. Also, the industry is
witnessing a shift in trend towards hybrid cloud which combines the benefits of
both public and private cloud. Though China’s market is lagging behind that of
the US and the UK, the future of cloud computing in China looks good as the
government is working hard on product and service innovations, data security
and privacy protection and encouraging more customers to use cloud service.
Spanning over 126 pages, “Cloud
Computing Market in India 2014” report covering the Executive
Summary, Introduction, Market Overview, Cloud Computing – Pros and Cons,
Initial Opportunities for Using Cloud, Drivers and Challenges, Government
Initiatives, Trends, Partnerships, Mergers and Acquisitions, Competitive
Landscape, Strategic Recommendations, Appendix. The report covered companies
are - China Mobile Ltd., Inspur Group Co Ltd., Lenovo Group Ltd., Neusoft
Corporation, Shanghai East-China Computer Co., Ltd., ZTE Corporation, Accenture
(China) Co. Ltd., China Hewlett-Packard Co., Ltd., IBM China Company Ltd.,
Microsoft China Co. Ltd.
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