China's Cloud Services Sector to Grow 27.3% a Year for Next Half Decade, IDC Says
Xu Wei
DATE:  Oct 24 2019
/ SOURCE:  yicai
 China's Cloud Services Sector to Grow 27.3% a Year for Next Half Decade, IDC Says China's Cloud Services Sector to Grow 27.3% a Year for Next Half Decade, IDC Says

(Yicai Global) Oct. 24 -- China's professional cloud services market will grow at an average 27.3 percent a year for the next five years, consulting firm IDC said in a report today.

It expects the sector to be worth CNY30.6 billion (USD4.3 billion) by 2023, it added, saying the market was worth CNY5.6 billion in the first half of this year, up 27.5 percent annually.

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