The country has been the second largest market in the public cloud IaaS sector worldwide since 2016, with its global market share going up from 6.3 percent in 2014 to 12.9 percent in 2018, IDC data showed.
In 2014, China's tech giant Alibaba became the only company to squeeze into the global top 10, while in 2018, three other companies, Tencent, China Telecom and Kingsoft, were on the list.
Compared with other regions in the world, public cloud services have expanded rapidly in China as the country sees fast internet development, strong policy support, a vigorous market and huge investment from service providers, said the report.
"In the coming five years, public cloud IaaS in China is expected to grow faster than the global market," said Julia Zhuge, a research manager of IDC China.
She advised the Chinese public cloud service providers to strengthen research and development, raise their capability in offering solutions and focus on building a comprehensive service ecology.
The IDC, founded in 1964, is a global provider of market intelligence, advisory services, and events in information technology, telecommunications and consumer technology markets.
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