The Total Size Of China Big Data Market Is Expected To Reach USD 36 Billion in 2026

With the release of a new round of policies such as digital China, data elements, and big data, and the implementation of major projects, the demand for enterprise projects will be further released after the epidemic, and the needs of data value mining faced by various industries after the completion of basic information construction , my country's big data market ushered in a new stage of development.

IDC observed that manufacturers are actively deploying underlying computing storage, data middle platform, big data analysis platform and other businesses, especially focusing on industries such as finance, government, energy, and manufacturing, and customers are also making a new round of investment. It is worth noting that the explosion of ChatGPT has brought higher capital attention in the field of data computing and storage business, bringing the big data market to a new level of larger volume, stronger computing and more professional services.

From the perspective of technology, China's big data IT investment will still flow into the hardware market in a relatively large proportion, and the hardware market will account for nearly 40% in the short term. In the long run, the software market is performing strongly, with a five-year compound growth rate (CAGR) of close to 28%, and it is expected to overtake the hardware market in 2026, becoming the technology sector with the highest proportion. The integration of data and intelligence has become an inevitable trend. The artificial intelligence and big data markets are in a spiral growth and mutually driven situation. The popularity of ChatGPT and AIGC promotes market investment and update iterations of data governance, business query and predictive analysis platforms. The data center is ushering in a new wave of development. At the same time, manufacturers are also actively building a full-cycle governance development platform for professional business scenarios and data in professional fields such as graph data and voice text. The overall trend of the service market is relatively stable, and the total size is expected to exceed US$11 billion in 2026.

From the perspective of industry applications, government, finance, professional services, and telecommunications are the main industry users of China's big data-related IT expenditures, accounting for more than 60% of the total size of the Chinese market. Among them, professional services account for the highest proportion, exceeding 15% in 2026. Internet companies have a large number of users and internal and external data, including multiple data dimensions such as time, space, and user information. As businesses such as recommendation, forecasting, decision-making, and risk control face more accurate and faster identification and response needs, CIOs are more concerned about the underlying data The emphasis on investment and China-Taiwan construction will become higher and higher. Local governments ranked second with a share of 11.7%, and the five-year CAGR was close to 23%. Digital China promotes the further upgrading of government construction. In the future, government data will also need to be circulated to enterprises and universities in a more secure and traceable manner. This will surely promote greater investment in big data and deep integration with artificial intelligence, cloud computing, and blockchain.

From the perspective of growth rate, the five-year CAGR of 7 industries including healthcare and discrete manufacturing will exceed the average growth rate of the Chinese market, showing good development prospects. With the improvement of social data literacy, government policies, international environment, underlying support, and application services have brought better development opportunities and greater market space for the big data market, with scene specialization, high scalability, and loose coupling. Globalization, security and stability have become key words in the development of the big data market.