Tencent Cloud ranked fourth in the Asia/Pacific region and fifth globally with 
growth in both markets exceeding 100%

Gartner, a global IT technology and advisory company, released its "Market 
Share: IT Services, Worldwide 2019"[1] recently. Tencent Cloud ranked fifth 
worldwide with growth of 111% and fourth in the Asia/Pacific market with growth 
of 107.3%.

In 2019, the global Infrastructure as a Service market continued to expand 
rapidly, with a year-on-year growth of 40.7%, while the overall size of the 
market climbed to US$48.9 billion.

In the global market, Tencent Cloud ranked first among the top five vendors in 
terms of growth, exceeding 100% in both the Asia/Pacific and global markets.

According to Tencent's latest financial report, Tencent Cloud reported revenue 
of over US$2.4 billion (approx. 17 billion yuan) with a growth rate higher than 
the market average, having acquired more than one million paid clients in 2019. 
During the reporting period, the company expanded market share, continued to 
grow the business across several verticals including Internet services, 
tourism, livelihood services and manufacturing, in addition to helping 
companies and organizations with digital upgrading by leveraging its advantages 
in connecting consumers.

Tencent Cloud now has infrastructure in 26 geographic areas on five continents 
and operates 53 availability zones. The company has an exabyte-level storage 
capacity and deployed 1300 acceleration nodes globally.

Last year, Tencent Cloud achieved a milestone breakthrough in several core 
indicators. In May 2019, Tencent becomes China's first and the world's fifth 
company with more than 1 million servers and China's first company with peak 
bandwidth reaching 100 trillion bytes.

[1] Source : Gartner, Market Share: IT Services, Worldwide 2019, Dean Blackmore 
et al., 13 April 2020

Source: Tencent Cloud