Search
Close this search box.

China’s big data market saw US$17bn of information technology investments in 2022, report shows

BEIJING, April 8 (Xinhua) — A new report revealed that China’s big data market will continue to expand in the coming years, driven by the country’s economic development and digital transformation, Xinhua News Agency reported today. China’s big data market saw an estimate of US$17 billion of information technology investment in 2022, according to a report from global market research firm International Data Corporation (IDC). overnments, banking, professional services and telecommunications accounted for over 60 percent of total spending in the big data market, the report stated. In terms of size, by 2026, China’s big data market is expected to account for almost 8 percent of the world’s total. mjad Saleh

Source: Emirates News Agency (WAM)