Canalys: Chinese cloud infrastructure spending reaches almost $3B a quarter

Canalys released its latest cloud infrastructure spending numbers for China today, and it’s all trending upward. For starters, the market reached $2.9 billion for the quarter, an increase of 60.8%. China now accounts for 10.4% of worldwide cloud spending, meaning its second only to the US in overall spending.

That is pretty amazing given that China was late in coming to the cloud, but also not surprising given the sheer size of the overall potential market. Once it got going, it was bound to gain momentum simply because of that size. Still, it is surprising that it is three times the size in terms of marketshare of the next closest country, according to Canalys.

Most of the business is going to Chinese cloud companies. Alibaba, which like Amazon has a retail…

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