Canalys: Chinese cloud infrastructure spending reaches almost $3B a quarter – TechCrunch

Canalys released its latest cloud infrastructure spending numbers for China today, and it's all trending upward. For starters, the market reached $2.9 billion for the quarter, an increase of 60.8%. China now accounts for 10.4% of worldwide cloud spending, meaning its second only to the US in overall spending. That is pretty amazing given that China was late in coming to the cloud, but also not surprising given the sheer size of the overall potential market. Once it got going, it was bound to gain momentum simply because of that size.