IT spending
$589B
Annual IT spending, 2024 (source: Gartner IT Spending Forecast, Q2 2024 update).
- Countries
- Asia
- Eastern Asia
- China
Country Market
China.
Supports the world's second-largest software market under state data localization and Chinese-language
CN / CHNTLD .cnSaaS penetration 26% (2024)Digital maturity: high
Sample taken from the graph on 8 October 2026.
Market Footprint
Why this country shows up in procurement plans.
In the graph
23,233
Companies in the PYRAMYD graph tagged with China.
Data residency
Mainland enterprise buyers default to China-hosted production, Chinese-language audit materials, and local support access. Multinational subsidiaries may accept regional hosting for non-personal data, but regulated workloads almost always require mainland storage.