2024: Breakthroughs in China (6)

China's database market has exceeded 50 billion yuan.

Driven by the new wave of artificial intelligence, the global database industry continues to undergo transformation, gradually forming a competitive landscape of multiple strong players. According to the "Database Development Research Report (2024)", the global database market size exceeded $100 billion for the first time in 2023, reaching approximately $101 billion. China's database market size was $7.41 billion (approximately 52.24 billion yuan), accounting for 7.34 percent of the global market.

Currently, China's database industry is entering a period of vigorous development and critical application.