Growth rate of China's data middle platform industry 2019-2024
As of 2021, the annual growth rate of the data middle platform industry in China was 42 percent. The upward trend was estimated to continue at least until 2024. Data middle platform originated to support varied 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.