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    China Cloud Storage Market

    ID: MRFR/ICT/57879-HCR
    200 Pages
    Garvit Vyas
    September 2025

    China Cloud Storage Market Research Report By Component (Solution, Service), By Deployment Model (Private, Public, Hybrid) and By Vertical (Retail, IT and Telecommunication, Healthcare, BFSI) - Forecast to 2035

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    China Cloud Storage Market Research Report - Global Forecast to 2035 Infographic
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    Table of Contents

    China Cloud Storage Market Summary

    The China Cloud Storage market is poised for substantial growth, with a projected valuation increase from 3.45 USD Billion in 2024 to 32.9 USD Billion by 2035.

    Key Market Trends & Highlights

    China Cloud Storage Key Trends and Highlights

    • The market is expected to grow at a compound annual growth rate (CAGR) of 22.75% from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 32.9 USD Billion, indicating robust expansion.
    • In 2024, the market is valued at 3.45 USD Billion, reflecting the current demand for cloud storage solutions.
    • Growing adoption of cloud technology due to increasing data generation is a major market driver.

    Market Size & Forecast

    2024 Market Size 3.45 (USD Billion)
    2035 Market Size 32.9 (USD Billion)
    CAGR (2025-2035) 22.75%

    Major Players

    Huawei Cloud, Kingsoft Cloud, JD.com, Meituan Cloud, Qiniu, Sina Cloud, China Telecom, Baidu Cloud, 360 Cloud, Tencent Cloud, Yunda Tech, Alibaba Cloud, Xiaomi Cloud, China Unicom, JD Cloud

    China Cloud Storage Market Trends

    The China Cloud Storage Market is experiencing significant trends shaped by rapid technological advancement and changing consumer demands. Key market drivers include the increasing penetration of high-speed internet, which is allowing more businesses and individuals to adopt cloud solutions. As the Chinese government emphasizes innovation and digital transformation, enterprises are harnessing cloud storage to optimize operations and improve efficiency. Additionally, growing data generation fueled by e-commerce, social media, and IoT devices is driving the need for scalable and secure storage solutions.

    Opportunities to be explored include the expansion of cloud services to rural areas, as the government aims to enhance digital infrastructure across the nation.

    Enhancing cloud service accessibility in less urbanized regions can allow businesses of all sizes to capitalize on cloud technology. Moreover, cybersecurity concerns are prompting companies to invest in secure storage options, opening up avenues for companies providing advanced security features. Recent times have seen a shift towards hybrid cloud solutions, allowing businesses in China to balance between on-premises infrastructure and public cloud services. This trend addresses the need for flexibility and control, catering to diverse workloads and regulatory requirements.

    Furthermore, the rise of artificial intelligence and machine learning is driving innovation within cloud storage, enabling smart data management and analysis capabilities.

    Overall, the China Cloud Storage Market is evolving rapidly, with significant potential for growth and development aligned with national digital strategies.

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    China Cloud Storage Market Drivers

    Market Segment Insights

    Cloud Storage Market Component Insights

    The Component segment of the China Cloud Storage Market showcases a diverse range of offerings that play a crucial role in shaping the overall landscape. This segment comprises primarily of two distinct categories: Solutions and Services, each contributing significantly to the industry's growth. The Solutions aspect is characterized by innovative technology designed to optimize storage capabilities, enhance accessibility, and provide robust security features, reflecting the increasing demand for efficient data management systems in various sectors, including retail, finance, and healthcare.

    Regarding Services, the focus is on providing professional assistance, which includes installation, maintenance, and support, thereby ensuring that organizations can seamlessly integrate cloud storage into their existing frameworks. This growing reliance on cloud solutions is largely driven by several key factors prevalent in the Chinese market. The rapid digital transformation across industries has accentuated the need for scalable and reliable storage solutions that can handle the surging volume of data generated daily. Furthermore, government initiatives aimed at boosting digital infrastructure and cloud adoption have created a conducive environment for market expansion. 

    As a result, players in the China Cloud Storage Market are emphasizing the importance of offering tailored solutions and specialized services to meet the unique demands of different businesses. While Solutions primarily focus on technology advancements that allow for higher storage efficiency and optimized resource allocation, Services present opportunities for companies to forge lasting relationships with their clients through dependable support systems. Moreover, as organizations increasingly adopt hybrid cloud models, the flexibility afforded by both Solutions and Services becomes critical.

    The prominence of data protection regulations in China adds another layer of significance to this Component segment, as businesses seek compliance and security solutions while addressing customer privacy concerns.

    Overall, the Component landscape within the China Cloud Storage Market illustrates a dynamic interplay between technology and service provision, all driven by the nation’s push towards adopting advanced cloud capabilities. As businesses in China continue to transition towards cloud solutions, the importance of integrated approaches that combine cutting-edge technology with responsive support services has become more apparent, contributing to a robust growth trajectory for this segment. With companies striving for operational efficiency, sustainability, and data security, the Component segment will remain at the forefront of innovation and investment in the burgeoning cloud storage industry.

    Cloud Storage Market Deployment Model Insights

    The China Cloud Storage Market is primarily segmented by the Deployment Model, featuring Private, Public, and Hybrid options, each serving unique demands in a rapidly evolving digital landscape. The Private deployment model is characterized by enhanced security and control, appealing to organizations handling sensitive data and adhering to stringent regulatory requirements. On the other hand, the Public deployment model significantly benefits from cost efficiency and scalability, making it a popular choice among small and medium enterprises looking to minimize their IT expenditures.

    Meanwhile, the Hybrid deployment model shows a growing preference as it combines the advantages of both Private and Public models, allowing organizations to store critical data privately while leveraging public cloud resources for less sensitive operations. As industries in China transition to digital transformation, the unique requirements of each deployment model support diverse operational strategies, thus significantly impacting the overall China Cloud Storage Market revenue. Factors such as the increasing volume of data generated and the rising need for flexible storage solutions fuel the growth of these models in the market, highlighting trends toward greater adoption.

    Furthermore, amidst the challenges of data privacy and cybersecurity, organizations are increasingly leveraging these deployment models to tailor their storage solutions effectively, ensuring compliance and operational efficiency in a competitive environment.

    Cloud Storage Market Vertical Insights

    The China Cloud Storage Market is significantly impacted by the vertical market segment, comprising various industries such as Retail, IT and Telecommunication, Healthcare, and Banking, Financial Services, and Insurance (BFSI). Retail is notably transforming through the adoption of cloud storage, enabling businesses to manage vast amounts of data related to consumer behavior and inventory management. The IT and Telecommunication sector drives substantial demand for cloud solutions that facilitate scalability and operational efficiency, allowing companies to optimize their resources effectively.

    In the Healthcare industry, cloud storage plays a crucial role in securely storing and managing patient records and data, streamlining operations while ensuring compliance with regulatory standards. BFSI is rapidly integrating cloud storage to enhance security, customer service, and operational efficiency while managing financial transactions and sensitive customer information. With a focus on these sectors, the China Cloud Storage Market showcases robust growth potential, driven by the digitalization trends and evolving regulatory frameworks that create opportunities for innovation and enhanced service delivery across industries.

    The progress in connectivity infrastructure and increased internet penetration further augments the functionality and accessibility of cloud storage solutions in these critical sectors.

    Get more detailed insights about China Cloud Storage Market Research Report - Global Forecast to 2035

    Regional Insights

    Key Players and Competitive Insights

    The China Cloud Storage Market is rapidly evolving and is characterized by intense competition among various key players. With an increasing number of enterprises migrating to cloud solutions to enhance operational efficiency, the demand for reliable and scalable cloud storage solutions continues to surge. This competitive landscape is dominated by both domestic enterprises and an influx of international companies attempting to gain a foothold in this lucrative market. Many firms differentiate themselves through innovative technologies, service offerings, and strategic partnerships, targeting various sectors including finance, healthcare, and government.

    The competitive dynamics are influenced by regulatory environments, technological advancements, and the growing importance of data security and privacy, which play a crucial role in shaping purchase decisions and overall market trends. Huawei Cloud has established itself as a formidable player within the China Cloud Storage Market by offering a wide range of services tailored to meet diverse customer needs. 

    The company's strengths lie in its robust infrastructure, advanced technology capabilities, and a strong commitment to research and development. Huawei Cloud benefits from its well-established brand reputation and extensive network that enhances its market presence across various industries. Its strong emphasis on developing innovative solutions, such as AI-driven data management and enhanced security protocols, allows it to effectively compete with other cloud service providers in the region. Additionally, Huawei Cloud's focus on achieving compliance with local regulations and adapting to the unique requirements of Chinese enterprises has strengthened its competitive position in this dynamic market.

    Kingsoft Cloud has also made significant strides within the China Cloud Storage Market, distinguishing itself with a comprehensive portfolio of cloud services specifically designed for the Chinese landscape. The company provides key offerings such as cloud storage, computing services, and big data solutions that cater to a diverse range of customers from small businesses to large enterprises. Kingsoft Cloud has leveraged its technological capabilities to ensure a strong market presence, focusing on high performance, scalability, and cost-effectiveness.

    The company has sought strategic partnerships to enhance its service offerings and expand its customer base, while mergers and acquisitions have further solidified its position in the market. With continual investment in technology and service development, Kingsoft Cloud aims to maintain its competitive edge while addressing the evolving needs of businesses in China.

    Key Companies in the China Cloud Storage Market market include

    Industry Developments

    Recent developments in the China Cloud Storage Market have been significant, showcasing robust growth and increasing competition among major players. In October 2023, Alibaba Cloud announced the expansion of its data center network, significantly increasing capacity and enhancing services across various regions in China. Meanwhile, Tencent Cloud reported a strategic partnership with China Telecom to enhance cloud infrastructure and service offerings, further solidifying their market position.

    JD Cloud has also made strides by launching new storage solutions tailored for the e-commerce sector, catering to the growing demand for scalable cloud services.In terms of mergers and acquisitions, in September 2023, Baidu Cloud completed its acquisition of a smaller cloud firm, expanding its capabilities in AI-driven cloud solutions.

    Additionally, Kingsoft Cloud announced a partnership with Yunda Tech to optimize their logistics cloud storage solutions, further amplifying their presence in the market. The overall market valuation for cloud storage services in China has grown significantly, driven by the increasing digital transformation across industries, with government initiatives supporting the development of smart cities and digital economy projects, contributing positively to the sector's trajectory.

    Market Segmentation

    Outlook

    • Retail
    • IT and Telecommunication
    • Healthcare
    • BFSI

    Cloud Storage Market Vertical Outlook

    • Retail
    • IT and Telecommunication
    • Healthcare
    • BFSI

    Cloud Storage Market Component Outlook

    • Solution
    • Service

    Cloud Storage Market Deployment Model Outlook

    • Private
    • Public
    • Hybrid

    Report Scope

    Report Attribute/Metric Source: Details
    MARKET SIZE 2018 2.36(USD Billion)
    MARKET SIZE 2024 3.45(USD Billion)
    MARKET SIZE 2035 32.88(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 22.747% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Billion
    KEY COMPANIES PROFILED Huawei Cloud, Kingsoft Cloud, JD.com, Meituan Cloud, Qiniu, Sina Cloud, China Telecom, Baidu Cloud, 360 Cloud, Tencent Cloud, Yunda Tech, Alibaba Cloud, Xiaomi Cloud, China Unicom, JD Cloud
    SEGMENTS COVERED Component, Deployment Model, Vertical
    KEY MARKET OPPORTUNITIES Rapid digital transformation, Growing SME adoption, Increased data regulation compliance, Expansion of e-commerce platforms, Rising demand for hybrid cloud solutions
    KEY MARKET DYNAMICS rapid digital transformation, increasing data generation, regulatory compliance requirements, competitive pricing strategies, focus on data security
    COUNTRIES COVERED China

    Market Highlights

    Author
    Garvit Vyas
    Analyst

    Explore the profile of Garvit Vyas, one of our esteemed authors at Market Research Future, and access their expert research contributions in the field of market research and industry analysis

    Leave a Comment

    FAQs

    What is the expected market size of the China Cloud Storage Market in 2024?

    The China Cloud Storage Market is expected to be valued at 3.45 USD Billion in 2024.

    What will be the projected market size for the China Cloud Storage Market by 2035?

    By 2035, the China Cloud Storage Market is projected to reach a value of 32.88 USD Billion.

    What is the expected CAGR for the China Cloud Storage Market from 2025 to 2035?

    The expected CAGR for the China Cloud Storage Market from 2025 to 2035 is 22.747%.

    Which company is considered a key player in the China Cloud Storage Market?

    Some of the key players in the China Cloud Storage Market include Alibaba Cloud, Tencent Cloud, and Huawei Cloud.

    What is the market value of cloud storage solutions in 2024?

    The market value for cloud storage solutions is estimated to be 1.5 USD Billion in 2024.

    What will be the market value of cloud storage services by 2035?

    By 2035, the market value for cloud storage services is projected to reach 18.28 USD Billion.

    How is the demand for cloud storage services expected to change in the coming years?

    The demand for cloud storage services is expected to significantly increase, showing robust growth in the upcoming years.

    What trends are driving the growth of the China Cloud Storage Market?

    Emerging trends such as digital transformation and increasing data generation are key drivers of growth in the market.

    How will regionality impact the growth of the China Cloud Storage Market?

    Regional growth in the China Cloud Storage Market will vary, with urban centers seeing faster adoption of cloud solutions compared to rural areas.

    What challenges could affect the China Cloud Storage Market's growth?

    Challenges such as data security concerns and regulatory compliance could potentially hinder the growth of the China Cloud Storage Market.

    1. EXECUTIVE
    2. SUMMARY
    3. Market Overview
    4. Key Findings
    5. Market Segmentation
    6. Competitive Landscape
    7. Challenges and Opportunities
    8. Future Outlook
    9. MARKET INTRODUCTION
    10. Definition
    11. Scope of the study
    12. Research Objective
    13. Assumption
    14. Limitations
    15. RESEARCH
    16. METHODOLOGY
    17. Overview
    18. Data
    19. Mining
    20. Secondary Research
    21. Primary
    22. Research
    23. Primary Interviews and Information Gathering
    24. Process
    25. Breakdown of Primary Respondents
    26. Forecasting
    27. Model
    28. Market Size Estimation
    29. Bottom-Up
    30. Approach
    31. Top-Down Approach
    32. Data
    33. Triangulation
    34. Validation
    35. MARKET
    36. DYNAMICS
    37. Overview
    38. Drivers
    39. Restraints
    40. Opportunities
    41. MARKET FACTOR ANALYSIS
    42. Value chain Analysis
    43. Porter's
    44. Five Forces Analysis
    45. Bargaining Power of Suppliers
    46. Bargaining
    47. Power of Buyers
    48. Threat of New Entrants
    49. Threat
    50. of Substitutes
    51. Intensity of Rivalry
    52. COVID-19
    53. Impact Analysis
    54. Market Impact Analysis
    55. Regional
    56. Impact
    57. Opportunity and Threat Analysis
    58. China
    59. Cloud Storage Market, BY Component (USD Billion)
    60. Solution
    61. Service
    62. China
    63. Cloud Storage Market, BY Deployment Model (USD Billion)
    64. Private
    65. Public
    66. Hybrid
    67. China
    68. Cloud Storage Market, BY Vertical (USD Billion)
    69. Retail
    70. IT
    71. and Telecommunication
    72. Healthcare
    73. BFSI
    74. Competitive Landscape
    75. Overview
    76. Competitive
    77. Analysis
    78. Market share Analysis
    79. Major
    80. Growth Strategy in the Cloud Storage Market
    81. Competitive
    82. Benchmarking
    83. Leading Players in Terms of Number of Developments
    84. in the Cloud Storage Market
    85. Key developments and growth
    86. strategies
    87. New Product Launch/Service Deployment
    88. Merger
    89. & Acquisitions
    90. Joint Ventures
    91. Major
    92. Players Financial Matrix
    93. Sales and Operating Income
    94. Major
    95. Players R&D Expenditure. 2023
    96. Company
    97. Profiles
    98. Huawei Cloud
    99. Financial
    100. Overview
    101. Products Offered
    102. Key
    103. Developments
    104. SWOT Analysis
    105. Key
    106. Strategies
    107. Kingsoft Cloud
    108. Financial
    109. Overview
    110. Products Offered
    111. Key
    112. Developments
    113. SWOT Analysis
    114. Key
    115. Strategies
    116. JD.com
    117. Financial
    118. Overview
    119. Products Offered
    120. Key
    121. Developments
    122. SWOT Analysis
    123. Key
    124. Strategies
    125. Meituan Cloud
    126. Financial
    127. Overview
    128. Products Offered
    129. Key
    130. Developments
    131. SWOT Analysis
    132. Key
    133. Strategies
    134. Qiniu
    135. Financial
    136. Overview
    137. Products Offered
    138. Key
    139. Developments
    140. SWOT Analysis
    141. Key
    142. Strategies
    143. Sina Cloud
    144. Financial
    145. Overview
    146. Products Offered
    147. Key
    148. Developments
    149. SWOT Analysis
    150. Key
    151. Strategies
    152. China Telecom
    153. Financial
    154. Overview
    155. Products Offered
    156. Key
    157. Developments
    158. SWOT Analysis
    159. Key
    160. Strategies
    161. Baidu Cloud
    162. Financial
    163. Overview
    164. Products Offered
    165. Key
    166. Developments
    167. SWOT Analysis
    168. Key
    169. Strategies
    170. Cloud
    171. Financial
    172. Overview
    173. Products Offered
    174. Key
    175. Developments
    176. SWOT Analysis
    177. Key
    178. Strategies
    179. Tencent Cloud
    180. Financial
    181. Overview
    182. Products Offered
    183. Key
    184. Developments
    185. SWOT Analysis
    186. Key
    187. Strategies
    188. Yunda Tech
    189. Financial
    190. Overview
    191. Products Offered
    192. Key
    193. Developments
    194. SWOT Analysis
    195. Key
    196. Strategies
    197. Alibaba Cloud
    198. Financial
    199. Overview
    200. Products Offered
    201. Key
    202. Developments
    203. SWOT Analysis
    204. Key
    205. Strategies
    206. Xiaomi Cloud
    207. Financial
    208. Overview
    209. Products Offered
    210. Key
    211. Developments
    212. SWOT Analysis
    213. Key
    214. Strategies
    215. China Unicom
    216. Financial
    217. Overview
    218. Products Offered
    219. Key
    220. Developments
    221. SWOT Analysis
    222. Key
    223. Strategies
    224. JD Cloud
    225. Financial
    226. Overview
    227. Products Offered
    228. Key
    229. Developments
    230. SWOT Analysis
    231. Key
    232. Strategies
    233. References
    234. Related
    235. Reports
    236. LIST
    237. OF ASSUMPTIONS
    238. China Cloud Storage Market SIZE ESTIMATES
    239. & FORECAST, BY COMPONENT, 2019-2035 (USD Billions)
    240. China
    241. Cloud Storage Market SIZE ESTIMATES & FORECAST, BY DEPLOYMENT MODEL, 2019-2035
    242. (USD Billions)
    243. China Cloud Storage Market SIZE ESTIMATES
    244. & FORECAST, BY VERTICAL, 2019-2035 (USD Billions)
    245. PRODUCT
    246. LAUNCH/PRODUCT DEVELOPMENT/APPROVAL
    247. ACQUISITION/PARTNERSHIP
    248. LIST
    249. Of figures
    250. MARKET SYNOPSIS
    251. CHINA
    252. CLOUD STORAGE MARKET ANALYSIS BY COMPONENT
    253. CHINA CLOUD
    254. STORAGE MARKET ANALYSIS BY DEPLOYMENT MODEL
    255. CHINA CLOUD
    256. STORAGE MARKET ANALYSIS BY VERTICAL
    257. KEY BUYING CRITERIA
    258. OF CLOUD STORAGE MARKET
    259. RESEARCH PROCESS OF MRFR
    260. DRO
    261. ANALYSIS OF CLOUD STORAGE MARKET
    262. DRIVERS IMPACT ANALYSIS:
    263. CLOUD STORAGE MARKET
    264. RESTRAINTS IMPACT ANALYSIS: CLOUD
    265. STORAGE MARKET
    266. SUPPLY / VALUE CHAIN: CLOUD STORAGE MARKET
    267. CLOUD
    268. STORAGE MARKET, BY COMPONENT, 2025 (% SHARE)
    269. CLOUD STORAGE
    270. MARKET, BY COMPONENT, 2019 TO 2035 (USD Billions)
    271. CLOUD
    272. STORAGE MARKET, BY DEPLOYMENT MODEL, 2025 (% SHARE)
    273. CLOUD
    274. STORAGE MARKET, BY DEPLOYMENT MODEL, 2019 TO 2035 (USD Billions)
    275. CLOUD
    276. STORAGE MARKET, BY VERTICAL, 2025 (% SHARE)
    277. CLOUD STORAGE
    278. MARKET, BY VERTICAL, 2019 TO 2035 (USD Billions)
    279. BENCHMARKING
    280. OF MAJOR COMPETITORS

    China Cloud Storage Market Segmentation

    • Cloud Storage Market By Component (USD Billion, 2019-2035)

      • Solution
      • Service
    • Cloud Storage Market By Deployment Model (USD Billion, 2019-2035)

      • Private
      • Public
      • Hybrid

     

    • Cloud Storage Market By Vertical (USD Billion, 2019-2035)

      • Retail
      • IT and Telecommunication
      • Healthcare
      • BFSI

     

     

     

     

     

     

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    Customer Strories

    “I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.”

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