The cloud products were officially released on December 2, and the average growth rate of the domestic public cloud market exceeded about 50%.

Add heavyweight players to the cloud computing track

Recently, Byte Dance's volcanic engine confirmed that it will release cloud products on December 2, but did not disclose whether the new products include IAAs cloud infrastructure such as computing, storage and network. Although the details of cloud products have not been released, the official website suggests that it may be a distributed cloud. There is no doubt that volcanic engine will be another heavyweight player in China's cloud computing track.

Volcanic engine is the cloud service platform of Byte Dance. Last June, the official website of volcanic engine was launched. At the same time, Byte Dance acquired Caiyun technology and incorporated it into volcanic engine. On the eve of the release of cloud products, the company injected huge capital into the volcanic engine.

On November 16, the industrial and commercial of volcanic engine changed, and the registered capital increased from 10 million yuan to 1 billion yuan, an increase of 9900%. The sources of capital injection were all domestic enterprises. It is noteworthy that on November 2, we ushered in a new round of organizational structure adjustment, and the six core business segments established include volcanic engine. From being identified as the core business to rapid and substantial capital injection, we can see the expectation of the cloud computing business.

Rapid development of domestic public cloud market

At present, the main players in the domestic cloud market include Alibaba cloud, Tencent cloud, Huawei cloud and Tianyi cloud. Among them, Alibaba cloud is the "overlord" of the domestic public cloud market, and the first three occupy 60% of the domestic public cloud (IAAs + PAAS) market share.

China is the world's second largest cloud service market and the fastest growing market, with a year-on-year growth of about 50% each quarter. It is understood that in 2020, the overall market scale of global public cloud services reached US $312.4 billion, a year-on-year increase of 24.1%, and the overall market scale of China's public cloud services reached US $19.38 billion, a year-on-year increase of 49.7%.

According to the latest tracking report of China's public cloud service market (the first half of 2021) released by IDC, China's public cloud service market increased by 48.6% year-on-year in the first half of 2021, still maintaining the highest growth rate in the world. IDC predicts that China's IAAs market will reach 208.7 billion yuan by 2023, and the global share of China's public cloud service market will increase from 6.5% in 2020 to more than 10.5% in 2024.

With the promotion of new infrastructure construction such as 5g, artificial intelligence, Internet of things and industrial Internet, industrial intelligence is driven to go deep into all walks of life, so as to further activate the scale of the domestic cloud service market. Ping An Securities said that the digital economy has become an important driving force for China's economic development. As an important part of new infrastructure and digital economy, public cloud services will continue to maintain high-speed growth in the future with the promotion of China's new infrastructure and the development of digital economy.

19 cloud computing concept stocks gained additional positions in northbound funds

Byte Dance's attempt to enter the field of cloud computing services can be traced back to July 2019, when the company submitted a trademark application for "byte cloud". In June this year, some media reported that the company has fully entered cloud computing IAAs services, and is planning to build large data centers in or around cities such as Shanghai and Shenzhen to provide IAAs services. The report also said that the goal of volcanic engine is to be the "fourth cloud in China" outside Alibaba cloud, Tencent cloud and Huawei cloud. However, volcano engine did not comment too much on market speculation.

Now, with the volcanic engine with SAAS and PAAS as as its main business, it is moving towards the IAAs field at the infrastructure level, and will soon enter the cloud computing basic service market. However, IAAs service has the characteristics of high investment, strong scale effect and difficult to shake the first mover advantage. It remains to be seen whether "byte cloud" can grow into the fourth cloud in China.

According to the statistics of securities times · databao, among A-share listed companies, Caixun said in the investor relations activity on May 11 that the company signed a framework cooperation agreement with volcanic engine, and the two sides cooperated in data intelligence, enterprise live broadcasting, AR and video content production. At present, the video live broadcasting platform of volcanic engine has been introduced in the cooperation with Guangdong Unicom.

Huasheng Tiancheng has reached a comprehensive cooperation with volcanic engine. The two sides integrate existing technology, products and service resources and deeply tap the office security market space of enterprises in the whole industry. In addition, Huasheng Tiancheng will also participate in the volcanic engine press conference.

Data treasure statistics show that among cloud computing related companies, more than 16 stocks have increased by more than 10% since November, and Saijie technology and hypergraph software have increased by more than 30%. According to the statistics of data treasure, since November, northbound capital has increased its positions in 19 cloud computing concept stocks, and more than 10 million shares have been increased in Wangsu technology and UFIDA network.