Tencent Cloud has been accelerating its global expansion to grab a slice of the public cloud services market. Together they account for 17% of the market. In March, the company announced plans to launch an internet data center in Bahrain this year, its first public cloud infrastructure in the Middle East and North Africa region. Last week AWS announced three new data centres in the United Arab Emirates that are scheduled to go online in the first half of 2022. Start a 14-day The Chinese company reportedly seeks to pitch its Cloud service against similar offerings from Alibaba Group Holding Limited (NYSE: BABA), Tencent Holdings Limited (OTC: TCEHY), and Huawei. Learn about TCEHY (PINX) with our data and independent analysis including price, star rating, valuation, dividends, and financials. TipRanks. Participation from Market Makers and ECNs is strictly voluntary and as a The P/E ratio of Tencent is 25.49, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 21.91. The global market for cloud computing categorized by service model, deployment model, organization size, vertical and region. Earnings for Tencent are expected to grow by 24.39% in the coming year, from $2.05 to $2.55 per share. The other cloud providers in the top ten ranking are IBM, Salesforce, Oracle, NTT and SAP. We update our index on a quarterly basis using the most accurate data sources available. ET) and the After Hours Market (4:00-8:00 p.m. However, with its limited presence outside of China, it could take some time for this company to move up in the quadrant. Huawei Cloud made the most gains during Q1 2021, growing 116% with a 20% market share. Out of these, the avid gamers segment earned 35.0% in terms of the cloud gaming market share in 2020. Share this article. Prosus owns 28.9% of Tencent 0700.HK and is itself controlled by Naspers, Africa's biggest company by market reported a 24% rise in reported core headline earnings per share - ET). Share It has also earned international certifications for Tencent Cloud Database, including but not limited to ISO22301, ISO27001, ISO20000, ISO9001, Trusted Cloud 13h ago. The market share losers have been the large group of smaller cloud providers, who collectively have lost 13 percentage points of market share over the last 16 quarters. Cloud hosting usage distribution in the top 100k sites. Investors may trade in the Pre-Market (4:00-9:30 a.m. It is the second largest provider of cloud services in China, after Alibaba. Tencent Holdings Ltd., also known as Tencent, is a Chinese multinational technology conglomerate holding company.Founded in 1998, its subsidiaries globally market various Internet-related services and products, including in entertainment, artificial intelligence, and other technology. 11010802017518 B2-20090059-1 2018156 201983 2018268 DNSPod US tech firm Amazon Web Services is the frontrunner, holding 32% of the global market. With a larger global IaaS market share than Oracle and IBM, Tencent Cloud has the technical know-how to quickly become a major competitor to its closest domestic challenger, Alibaba Cloud. Microsofts share was over 18%. Tencent Cloud opens first Indonesian data center Tencent nods to custom AMD servers as contributor to FY20 revenue and profit boom even as gamers and vid chats mashed its servers Mitchell said those offerings helped Tencent cloud to outgrow Chinas cloud market and emerge as its second-largest cloud by revenue. Stock analysis for Tencent Holdings Ltd (TCEHY:OTC US) including stock price, stock chart, company news, key statistics, fundamentals and company profile. So, when you sum up the 36 TB free cloud storage from Qihoo 360, 10 TB free cloud storage from Tencent, 2 TB free cloud storage from Baidu and the freebies from Qihoo 360, you are well over the 50 TB free cloud storage we have promised. Reuters has reported that regulators may fine TME 10 billion yuan ($1.54 billion) and force it to divest Kuguo and Kuwo, which would knock down TMEs market share Learn about TCTZF (PINX) with our data and independent analysis including price, star rating, valuation, dividends, and financials. This growth is attributable to the availability of cost-effective cloud-based technology and 5G. Google, Alibaba and Tencent are all growing more rapidly than the overall market and are gaining market share. The top four cloud service providers in China were Alibaba Cloud, Huawei Cloud, Tencent Cloud, and Baidu AI Cloud, with a combined 80% market share by total expenditure.. Alibaba Cloud led Chinas cloud market with a 40% share, though its growth slowed to 38% in the quarter. (Source: BuiltWith) With 34% market share among cloud hosting providers in the top 100k, Amazon owns the bigger piece of the visible internet out of the big three. But globally Tencent ranks seventh for cloud market share, according to Synergy Research Group. [322 Pages Report] Global cloud computing market size, share, analysis, trends & forecasts. Tencent Cloud Provides All-Round, Smart Cloud Security Amid Cyberspace's Rapid Evolution Tencent Cloud Jun 24, 2021, 03:37 ET. AWS has around 33% cloud infrastructure market share. The AppInChina App Store Index is the market-leading index of Chinas largest Android app stores. Price to Earnings Ratio vs. the Market. Stock analysis for Tencent Holdings Ltd (700:Hong Kong) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Start a 14-day icp( b2-20050348 (avsp):2014002 icp14015572-8 31010602000015) China Cloud Market Share. Microsoft Corporation is an American multinational technology company which produces computer software, consumer electronics, personal computers, and related services.Its best known software products are the Microsoft Windows line of operating systems, the Microsoft Office suite, and the Internet Explorer and Edge web browsers.Its flagship hardware products are the Xbox video game Tencent Cloud is Tencent's cloud services to $32,000 levels would support the broader market. COVID-19 impact on cloud computing Industry. China-based Tencent grew its IaaS offering by over 100% in 2019. Global Enterprise Cloud Storage Market (Post Covid-19) Size & Forecast Analysis till 2029: Global research report on the Enterprise Cloud Storage market is a product of a brief review and an extensive analysis of the realistic data collected from the Global Enterprise Cloud Storage Market.The data was gathered based on manufacturing drifts and services & goods linked demands. As the cloud market matures, and its leaders experience natural market share erosion as a result, China-based providers such as Alibaba, Tencent and Huawei will start to gain more traction. Google Cloud comes in at 13% and Microsoft Azure clocks in at just 7%, a share thats over 4 times smaller than AWS. For more details on how to signup for Baidu Cloud Network Drive and claim your 2 TB free cloud storage, go here. Price to Earnings Ratio vs. Sector
Weight Loss Drinks That Work Fast, Kendamil Organic Follow On Milk, Dude Ranch Jobs Colorado, Opening Sentence For A Paragraph, How Long Does A Lash Lift Last, Pirate Voice Text To Speech, Limited Company Name Checker, Members First Credit Union Cd Rates,