Global Cloud Marketplaces Research 2023 with Business Strategies of Leading Players AWS, Microsoft Azure, Google Cloud, and Salesforce App Exchange

China knows that there is strategic advantage for the country that builds the world’s networks. It has invested billions of dollars over the last two decades to create technologies and build companies to do this. The Chinese government is willing to do things that do not make business sense in order to dominate the information infrastructure. It knows there are immediate commercial, political, and intelligence benefits to providing cloud infrastructure, and there is long-term benefit to Chinese vendors and manufacturers from the country that supplies that infrastructure.

global cloud commerce

An infrastructure built to Chinese standards makes it more likely that China’s cloud customers will in the future use Chinese technology—creating what is, essentially, a world connected and operated by China. China has a central, if not dominant, position in the digitalization of Africa and growing strength in other regions, particularly Latin America and Southeast Asia. Even in Europe, despite countries turning away from Chinese telecom suppliers, many nations still rely on earlier generations of Chinese network technology. Western development agencies may argue that they are already providing education and training. Even if that is true, they are not doing it at the scale or pace needed to compete with China.

Business will drive cloud innovation

This data illustrates that there are substantial investments and infrastructure available for the adoption of cloud-based commerce applications across North America. The services offered by companies include consulting services, integration and deployment services, and support & maintenance services. For instance, Inc. offers integration services that include the integration of commerce cloud solutions with the enterprise’s existing product management system, ERP system, or third-party platforms. The services segment is likely to have significant growth in the coming years as they add value to the interactions with customers as well as optimize costs and enrich loyalty. Creating policies that promote U.S. interests in the global cloud competition is part of a larger adjustment for U.S. policy to fit a competitive international environment.

  • Partners Group’s Private Equity business has USD 74 billion in assets under management.
  • Similarly, in 2018, the, an online retail business-to-consumer (B2C) website owned by the Chinese player Alibaba Group, collaborated with Cainiao Logistics Information Technology Co., Ltd., a logistics company in China.
  • This includes the spread of Chinese surveillance technology whose output can often be accessed by Beijing.
  • Framed another way, US companies that exclusively sell domestically limit their maximum target audience size to around 4.25% of the total world population.
  • Access to content is one reason why analogies to the late-nineteenth-century competition over undersea cables are imperfect.

Also, substantial investments by the telecom operators have accelerated the 4G coverage, supporting market growth in the region. Latin America market is expected to have a stagnant growth owing to the administrative and ICT infrastructure inefficiencies. By end-use, the market has been classified into business-to-customer (B2C) and business-to-business (B2B) segments. The B2B segment is expected to account for a major market share, whereas the B2C segment is estimated to experience a flourishing CAGR during the forecast period. The transformation is occurring as the businesses are replacing inefficient and expensive legacy systems with advanced systems such as electronic data interchange.

Global 3PE Anti-Corrosion Coating Steel Pipes Market Size, Forecasting Share and Scope for 2023-2030

There have been good steps in this direction, but it is too early to tell if they have traction or are of sufficient scope. An example from history comes from nineteenth-century Britain, with its leading position n global shipping, finance, and telecommunications. These “networks,” along with a strong domestic industry and a powerful fleet, underpinned Britain’s global leadership. The United States is not the British Empire, but in 1945 with its allies, it was able to create a global order based on democracy, markets, and the rule of law. China now intends to replace this order, and leadership in digitalization will help determine the outcome of this contest. Other emerging technologies such as robotics, autonomous vehicles, biotechnology research, 5G, and artificial intelligence, depend on the cloud, making it truly strategic.

global cloud commerce