Market size of China's data middle platform industry 2018-2024
As of 2021, the overall scale of the data middle platform market in China reached roughly 10 billion yuan and was projected to grow, amounting to over 18 billion yuan in 2024. Data middle platform originated to support various big data usage scenarios such as large-scale batch processing and real-time processing. Tech giants like Alibaba and Tencent all started to provide this multi-dimensional data service based on their self-developed cloud platforms to all kinds of business customers.