The top 5 public cloud services providers in China are all local companies, with Alibaba taking a disproportionally large share of 43%. Roughly 40% of the top 500 enterprises and 50% of listed companies in China are using Alibaba Cloud.
When it comes to public cloud services, the top 5 providers in China are all local companies. Alibaba Cloud retained its top spot for the third year by grabbing a larger share of 43% in H1 2018. Alibaba derived 10.37 billion yuan (US$1.54bn) from cloud computing in revenue in H1 2018. Roughly 40% of the top 500 enterprises, 50% of listed companies, and 80% of startups in China are paying customers of Alibaba Cloud.
Tencent Cloud ranked in the second place with a share of 11.2%, followed by China Telecom (7.4%) and Amazon Web Services (6.9%).
Globally, Alibaba ranked second in the APAC region and fourth worldwide. Tencent made it up to the top 5 public cloud leaders in the APAC region. China accounted for over a third of the total APAC market, according to the report from Synergy Research Group.