IDC: It is estimated that the overall market size of China's big data will exceed US$35.9 billion in 2026

The latest data from IDC shows that the total IT investment in the global big data market in 2021 is 217.61 billion US dollars (about 1.5 trillion yuan), and is expected to increase to 449.11 billion US dollars (about 1.5 trillion yuan) in 2026. 3.1 trillion yuan), achieving a compound growth rate (CAGR) of about 15.6% during the five-year forecast period (2021-2026).

IDC estimates that China's big data IT spending scale in the Chinese market in 2026 is expected to be US$35.95 billion (about 248.414 billion yuan), ranking second in a single country in terms of market size. From the growth rate perspective, the five-year CAGR of China's big data IT spending is about 21.4%, ranking first in the world.

In addition, IDC predicts that by 2026, the IT investment scale of China's big data hardware market will reach 13.72 billion US dollars (about 94.805 billion yuan), more than double the investment scale in 2021 . From an industry end-user perspective, professional services, telecommunications, finance, and government will be the major industries for big data-related IT spending through 2026.

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