China's big data industry has entered a deepening stage

China's big data industry has gone through nearly 10 years since its inception. "Fourteenth Five-Year" opening year, the big data industry has also entered a new stage of integrated innovation, depth of application. Big data in the medical, industrial, transportation and other areas of integration of application technology to accelerate innovation and breakthroughs, big data integration and application of the focus from the virtual economy to the real economy; big data underlying technology, information security, pattern recognition, language engineering, computer-aided design, high-performance computing and other accelerated breakthroughs in the field of big data technology to gradually make up for the short board, and further strengthen the long board.

Market size close to 90 billion yuan in 2021

In recent years, China's big data industry has achieved rapid development, Saidi CCID statistics, China's big data market size grew from 61.97 billion yuan in 2019 to 86.31 billion yuan in 2021, with a compound annual growth rate of 18.0%, the big data The market size includes revenue from big data-related hardware, software, and service markets. Under the global new crown pneumonia epidemic, China's economy took the lead in the recovery and generally maintain the recovery trend, along with the country's rapid promotion of the digital economy, digital China, smart cities and other development and construction, the future of the big data industry on the economic and social digitalization of the innovation-driven, integration-driven role will be further strengthened, the application scope will be further broadened, and the big data market will maintain a sustained and rapid growth trend.

The financial industry is the largest downstream industry of China's big data industry

Big data analytics industry refers to the big data industry segments with the help of big data technology on the huge scale of data processing, analysis and mining, application, etc., to realize the value of big data, and in the form of products or services, empowering customers to digitally operate. In recent years, along with the continued broad and deep demand for full business process digital operation in downstream industries, the big data analytics market has made good progress and shown a high-speed development trend. According to Saidi's data, among the downstream industries in China's big data analytics market in 2021, finance, government, telecom and internet rank among the top four in the application field, with a market share of 19.1%, 16.5%, 15.2% and 13.9%, respectively, totaling over 60%.

Demand for big data software and services continues to rise

Currently, China's big data industry has entered a stage of high-quality development, the demand for big data software and big data services began to continue to rise, big data hardware accounted for a decline in the proportion of the market but still occupy a dominant position in 2021 in the structure of China's big data market, big data hardware, Big Data software and Big Data services account for 40.5%, 25.7% and 33.8% of the market, and the market size is 34.95 billion yuan, 22.18 billion yuan and 29.17 billion yuan respectively. In recent years, the proportion of big data hardware is gradually decreasing, and the proportion of big data software and big data services is gradually increasing. In the future, China's big data software and service market will show a better development trend compared with the hardware market.

Different types of big data enterprises vary greatly in the degree of competition

Currently, the IT industry in the process of development has formed a number of hierarchical distribution, there are servers and the underlying system, there are software, there are applications, big data also need to be developed on the original architecture. The original infrastructure companies, such as Lenovo and Huawei, also need to transform to big data, providing low-cost, low-energy large-scale memory, which is the basis of the big data industry. The middle layer is similar to Hadoop, MapReduce data analysis software, the original software industry should also be transformed from selling software to data-centric. Further up is Baidu, Tencent, Alibaba and other big data application service companies that need to increase the utility of data analysis.

-- For more research and analysis of this industry, please refer to the China Big Data Industry Development Outlook and Investment Strategy Planning Analysis Report