The China Data Center Market was valued at USD 13.01 billion in 2019, and it is expected to reach a value of USD 36.18 billion by 2025, while registering a CAGR of 19.2% during the period of 2020-2025.
Kingsoft positions itself as the independent anti-BAT (Baba and Tencents). It is okay to be number three as long as this commands a critical mass of demand: after all, the Chinese cloud market is a multibillion-dollar industry and even a small slice of this pie is quite a substantial fortune.
Arguably, Kingsoft Cloud knows that its eagerly advertised “independence” makes it more attractive to certain types of customers.
For one, there will always be mature companies and industries which may want to minimize their exposure to these three conglomerates for strategic reasons.
Expecting a wave 3 rally in 2021.
Kingsoft positions itself as the independent anti-BAT (Baba and Tencents). It is okay to be number three as long as this commands a critical mass of demand: after all, the Chinese cloud market is a multibillion-dollar industry and even a small slice of this pie is quite a substantial fortune.
Arguably, Kingsoft Cloud knows that its eagerly advertised “independence” makes it more attractive to certain types of customers.
For one, there will always be mature companies and industries which may want to minimize their exposure to these three conglomerates for strategic reasons.
Expecting a wave 3 rally in 2021.
