IDC: In the second half of 2024, the scale of China's video cloud market is expected to grow by 4.7% year-on-year.

The latest report "China Video Cloud Market Tracking, 2nd Half of 2024" released by the International Data Corporation shows that the size of the China video cloud market reached 5.08 billion US dollars in the second half of 2024, rebounding from a decline with a year-on-year growth of 4.7%. Top short video and live e-commerce platforms are raising technical indicators for live streaming experience, demand for internet video short dramas continues to rise, and intelligent video cloud services are gradually being implemented, becoming the main driving force behind the growth of the market in this period.