Shulou(Shulou.com)11/24 Report--

CTOnews.com, April 24, IDC's latest "China Video Cloud Market tracking, the second half of 2022" report shows that the size of China's video cloud market reached US $4.98 billion in the second half of 2022, of which the infrastructure market fell 4.2% year on year and the solution market grew 13.3% year on year. IDC has adjusted its market growth expectations and size, and the size of China's video cloud market is expected to reach US $30 billion in 2027.

Appendix to CTOnews.com:

According to the definition of IDC, video cloud research covers all public and private cloud infrastructures for video application scenarios, audio and video content distribution networks, and video products, services or solutions deployed on video cloud infrastructure. At the same time, according to video cloud application scenarios and typical product types, IDC divides the video cloud solution market into "live video", "video on demand", "audio and video communications", "video production and media asset management" (newly added in this issue), while products and services such as audio and video development platforms are temporarily included in the "other" category.

According to the report, China's video cloud infrastructure market reached US $3.91 billion in the second half of 2022, of which the video content distribution network and video public / private cloud infrastructure markets reached US $19.0 and US $2.01 billion, respectively. In terms of competition, market concentration remains at a high level. In the video content distribution network market, the combined share of Aliyun, Tencent Cloud, Huawei Cloud, Baidu Intelligent Cloud and Jinshanyun decreased slightly from the previous month to 60.4%. In the video public cloud and private cloud infrastructure market, the combined share of Aliyun, Tencent Cloud, Huawei Cloud, Baidu Intelligent Cloud and China Telecom increased to 75.9%.

The market size of video cloud solutions in China has reached US $1.07 billion. Five public cloud service providers, one vertical industry audio and video service provider, and one head user transformed cloud computing service provider have a combined market share of more than 70%. They are Tencent Cloud Audio and Video, Aliyun Video Cloud, Huawei Cloud Video Cloud, Baidu Intelligent Video Cloud, Volcano engine Video Cloud, Jinshan Cloud Video Cloud, and Sound Network.

Analyst Wei Yunfeng said that as "video" continues to infiltrate into toB business scenarios, video cloud products / services have gradually become an important part of personal life and business activities; with the AIGC out of the circle, the "audio and video + AI" system extends a new definition and connotation, and the value of video cloud infrastructure services and content production / processing services may be redefined.

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