According to the IDC, China's distributed transaction database has entered the stage of large-scale application.

The market size of distributed transaction database software in China in the first half of 2024 reached US$150 million, up 18.5% YoY. According to the latest report on the China distributed transaction database software market in the first half of 2024 released by International Data Corporation (IDC), the market size of distributed transaction database software in China in the first half of 2024 reached US$150 million, up 18.5% YoY. Distributed transaction databases leverage distributed technology to overcome the capacity and performance limitations of traditional centralized databases, streamline the complex and high-risk process of dividing databases and tables, and help reduce the reliance on high-performance hardware. IDC forecasts that the market size of distributed transaction databases in China in 2024 will be US$810 million, up 20.3% YoY. The market size is expected to reach US$1.82 billion in 2028, with a 5-year market CAGR of 22.0% from 2023 to 2028. From the deployment perspective, the local deployment market size in the first half of 2024 was US$140 million, up 16.7% YoY, accounting for 38.8%; the public cloud market size was US$220 million, up 19.7% YoY, accounting for 61.2%. It is anticipated that the growth rate of the local deployment market will surpass that of the public cloud market from 2025. The 5-year market CAGR will reach 24.4% from 2023 to 2028. The market competition pattern is becoming clearer, and the market is concentrating on platform vendors such as Alibaba Cloud, Tencent, Huawei, and Goldencode (ZTE) and independent distributed database vendors such as Oceanbase and Pingcap. The market share of major vendors in the distributed transaction database software market in China in the first half of 2024 is as follows: [Insert image here]