IDC: The software-defined computing software market in China is expected to reach $2.14 billion in 2024, with a year-on-year growth of 9.6%.
Wisdom Finance APP learned that according to the latest report released by IDC, the market size of China's software-defined computing software market will reach 21.4 billion USD by 2024, a year-on-year growth of 9.6%. Among them, the market sizes of virtualization software, cloud system software, and container infrastructure software reached 7.3 billion USD, 8.5 billion USD, and 5.6 billion USD, respectively. Over the next five years, the market's compound annual growth rate will reach 12.3%, with the container infrastructure market being the fastest-growing market among the three, and the market size is expected to reach 14.6 billion USD by 2029.
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