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Tencent Cloud Ranked Top 2 in China's Public Cloud Service Market, according to IDC
According to the "IDC Quarterly Public Cloud Service Tracker, 2021Q3" released by International Data Corporation (IDC), the overall market size of China's public cloud services (IaaS/PaaS/SaaS) in Q3 2021 reached USD7.188 billion. Tencent Cloud ranks no. 2 in terms of market share with an industry-leading year-on-year growth rate of 53%. In particular, Tencent Cloud’s market share in IaaS and PaaS has continuously risen to 10.92%, achieving a sustainable and steady growth in areas of IaaS, PaaS and SaaS.
It is observed that the focus of competition among public cloud vendors has shifted from the scale of infrastructure to a multi-dimensional competitiveness covering infrastructure, platform services and the application.
As a leading cloud service provider in China, Tencent Cloud provides customers with cutting-edge cloud products and services. Tencent Cloud is able to build industry-leading solutions that integrate our cloud computing, big data, artificial intelligence, and other advanced technologies to support digital upgrades of various sectors. Tencent Cloud is committed to promoting the construction of industrial internet, working closely with partners to create a rich and open cloud-based service ecosystem, driving digital transformation and upgrading of various industries.
In terms of IaaS cloud infrastructure global deployment, Tencent Cloud has deployed more than 2,800 CDN nodes across more than 70 countries and regions, offering a combined bandwidth of over 200 Tbps. Meanwhile, Tencent Cloud currently operates 70 availability zones in 27 geographic regions worldwide. Tencent Cloud has established data centers internationally in countries such as South Korea, Japan, India, Singapore, the United States, Germany, Russia, Canada, and Thailand and so forth, operating more than 1 million servers to facilitate the digital transformation of numerous businesses.
On PaaS, Tencent Cloud has established a complete family of easy-to-use PaaS products which has been highly recognized by millions of developers, including databases, audio and video solutions, artificial intelligence, cloud native, amongst others. TDSQL, an enterprise-level distributed database solution developed by Tencent Cloud that serves more than 3,000 of clients from governments and enterprises internationally was also included in Gartner's 2020 Magic Quadrant for Cloud Database Management Systems. Tencent Cloud also ranked first in terms of audio and video solution market share for four consecutive years, providing cost-effective and high-quality audio and video offerings for pan-entertainment, education, e-commerce and other industries.
As for SaaS, Tencent Cloud has been leading the industry with the launch of Tencent Meeting, Qidian, Tencent Docs, WeCom and Qianfan, helping enterprises maximize the efficiency of both their internal and external collaboration. In particular, Tencent Meeting has served over 200 million users while Tencent Qidian has helped more than a million enterprises to enhance cost efficiency in customer service, ranking the first among local CRM solution providers in China.
It is worth mentioning that Tencent Cloud has currently rolled out more than 400 solutions with over 9,000 partners in more than 30 industries and has cultivated hundreds of partners with annual revenue exceeding 10 million. Moving forward, Tencent Cloud will continue to enhance its infrastructure and innovative technological capabilities. By leveraging its years of experience and working hand in hand with partners, Tencent Cloud will strive to accelerate the process of industrial digitization and digital industrialization.