Report on Cloud Computing Market in China 2014

ResearchMoz.us include new market research report " Cloud Computing Market in China 2014: Market Size, Shares, Growth, Analysis, Trends And Forecast" to its huge collection of research reports.

Latest market research report titled Cloud Computing Market in China 2014 captures the current scenario of the Cloud Computing Market in China. Government initiatives and investments coupled with major foreign players entering into strategic partnerships with the domestic vendor is propelling the market in China.

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Additionally, dramatic cost reduction along with increased speed and flexibility and widespread use of internet is helping the cloud industry to grow significantly. As the cloud market in China is still in the growth stage, major foreign players like IBM and Microsoft are aiming to capture a lions share of the market.

Increased investment by the Chinese government and increased inflow of cloud-related venture capital funds are further contributing to the growth of this industry. The Chinese governments 12th 5-year plan includes investing significantly in creating new cloud platforms, and building and deployment of cloud datacenters across the country. China has jumped on cloud computing bandwagon as it makes way for huge developments in cloud computing aimed at servicing government and industry needs. In most cases China is also looking to boost its own complete data center supply chain with regional hubs creating local product and service delivery methods.

Chinas cloud computing market, however, is faced with many challenges. Concerns for data sovereignty and privacy, cloud reliability and after-sales service, bandwidth issue, among others are preventing Chinese users from using cloud services more widely. Currently the market size of the cloud industry in China is around 3 percent of the global cloud market.

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