According to IDC's latest report, titled China Video Cloud Market Tracker, Second Half of 2024, the size of China's video cloud market has reached $5.08 billion in the second half of 2024, showcasing a robust 4.7% year-on-year growth. This represents a significant rebound following a period of decline. The primary factors fueling this market expansion include: enhanced technical specifications aimed at improving live streaming experiences by prominent short video and live e-commerce platforms; the sustained increase in demand for internet video shorts; and the gradual integration of intelligent video cloud services.