Tencent Cloud Ranks No. 5 Share in Infrastructure as a Service Worldwide
In 2019, the global Infrastructure as a Service market continued to expand rapidly, with a year-on-year growth of 40.7%, while the overall size of the market climbed to US$48.9 billion.
- In 2019, the global Infrastructure as a Service market continued to expand rapidly, with a year-on-year growth of 40.7%, while the overall size of the market climbed to US$48.9 billion.
- In the global market, Tencent Cloud ranked first among the top five vendors in terms of growth, exceeding 100% in both the Asia/Pacific and global markets.
- According to Tencent's latest financial report, Tencent Cloud reported revenue of over US$2.4 billion (approx.
- Tencent Cloud now has infrastructure in 26 geographic areas on five continents and operates 53 availability zones.