IDC: With Aliyun, Tencent Cloud, and KSyun ranking the top 3, China has become the second largest public cloud market in the world.

According to the “2019 Q1 China public cloud service market tracking report” released by the market research institute IDC, 2019 Q1 public cloud IaaS market of China grew 74% year-on-year, make it the second largest public cloud market in the world. Market concentration continued to improve compared with last year. Aliyun, Tencent Cloud, and KSyun remained the top 3 among Internet cloud manufacturers in China’s public cloud IaaS market, with their overall market share reaching 61%.