{"id":1823,"date":"2012-05-29T08:10:38","date_gmt":"2012-05-29T08:10:38","guid":{"rendered":"http:\/\/www.cloudcomputing-news.net\/blog-hub\/2012\/may\/29\/cloud-computing-to-lift-off-in-china\/"},"modified":"2012-05-29T08:10:38","modified_gmt":"2012-05-29T08:10:38","slug":"cloud-computing-to-lift-off-in-china","status":"publish","type":"post","link":"https:\/\/icloud.pe\/blog\/cloud-computing-to-lift-off-in-china\/","title":{"rendered":"Cloud computing to lift off in China"},"content":{"rendered":"<\/p>\n<p>It has been reported that cloud computing is quickly emerging as one of China&rsquo;s fastest growing industries. The annual rate of growth has been calculated at 40%.<\/p>\n<p>The nation currently accounts for less than 3% of the global cloud computing market share as it was valued at $90 billion in 2011, however with such a rapid growth this is sure to increase.<\/p>\n<p>It has been estimated that China&rsquo;s <strong>cloud computing<\/strong> market is estimated to grow from about 16.7 billion CNY (&pound;1.67 billion) in 2010 to 117.4 billion CNY (&pound;11.7 billion) in 2013, with a compound annual rate of growth of 91.5%.<\/p>\n<p>This represents a staggeringly fast rate of growth in just a few years. Furthermore, by 2015, the Internet Society of China predicts that the Chinese cloud computing market will be worth 1 trillion CNY.<\/p>\n<p>The majority of this growth is to be &#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It has been reported that cloud computing is quickly emerging as one of China&rsquo;s fastest growing industries. The annual rate of growth has been calculated at 40%.<br \/>\nThe nation currently accounts for less than 3% of the global cloud computing market&#8230;<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-1823","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/1823","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/comments?post=1823"}],"version-history":[{"count":0,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/1823\/revisions"}],"wp:attachment":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/media?parent=1823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/categories?post=1823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/tags?post=1823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}