According to the latest report released by IDC, "China AI Public Cloud Service Market Share, 2024: A Full Transition to Generative AI," the Chinese AI public cloud service market is expected to reach 19.59 billion yuan in 2024, an increase of 55.3% compared to 2023. This growth is mainly driven by the continuous expansion of generative AI applications and the significant rise in demand for machine learning, which has accelerated the development of the cloud service market.
In various sub-markets, the public cloud service market for computer vision performed notably, with an expected size of 8.1 billion yuan in 2024, a year-on-year growth of 33.7%. In this field, Tencent Cloud and Baidu Intelligent Cloud ranked first and second respectively, demonstrating their advantages in technology and application.
At the same time, the public cloud service market for conversational AI also showed strong growth, with an expected size of 2.09 billion yuan in 2024, an increase of 39.5% compared to 2023. In this market, Alibaba Cloud and Baidu Intelligent Cloud also ranked in the top two, showing their strong competitiveness in the field of intelligent interaction.
The public cloud service market for intelligent voice is expected to reach 1.88 billion yuan in 2024, with a growth rate of 19.5%. In this market, four major vendors, Alibaba Cloud, Baidu Intelligent Cloud, Tencent Cloud, and Huawei Cloud, are competing fiercely, each increasing their investments to enhance their market share.
The growth of the public cloud service market for natural language processing is also significant, with an expected size of 2.22 billion yuan in 2024, an increase of 51.1%. In this field, Baidu Intelligent Cloud, Huawei Cloud, and Alibaba Cloud rank among the market leaders, reflecting their deep accumulation in language understanding and processing technologies.
Notably, the public cloud service market for machine learning platforms is expected to reach 5.29 billion yuan in 2024, with a staggering growth rate of 163.8%. Huawei Cloud, Alibaba Cloud, Amazon Web Services, Baidu Intelligent Cloud, and Tencent Cloud have become the main players in this market, continuously optimizing and improving their products to meet the changing market demands.
IDC has made recommendations to technology providers, emphasizing the need to restructure cloud service architectures using large models to help users embrace the era of intelligence. At the same time, AI governance has become a key issue, with transparency and accountability increasingly being valued, and suppliers need to focus on compliance and risk reduction.
Key Points:
🌟 The Chinese AI public cloud service market is expected to reach 19.59 billion yuan in 2024, with a growth of 55.3%.
📈 The computer vision and conversational AI markets performed outstandingly, with market sizes of 8.1 billion yuan and 2.09 billion yuan respectively.
🛠️ Technology providers need to restructure cloud service architectures and strengthen AI governance to ensure transparency and compliance.
