云计算IaaS：AI成新增长极，驱动产业重构

Overview - The report discusses the transformation of the cloud computing industry towards intelligence, driven by AI advancements, and reassesses the industry landscape [2][7]. IaaS Market Dynamics - IaaS (Infrastructure as a Service) includes core IT resources such as computing, storage, and networking, forming a significant part of cloud service offerings alongside PaaS and SaaS [2][10]. - The global IaaS market is projected to grow significantly, with the domestic market expected to reach nearly 800 billion yuan by 2029 [20][21]. AI Impact on Cloud Computing - The emergence of large model training, particularly with ChatGPT in 2023, has initiated a new phase of growth in the cloud computing sector, marking its transition into an intelligent phase [15][19]. - AI IaaS is fundamentally different from traditional IaaS, focusing on optimizing resources for AI workloads, including specialized computing (GPU, TPU), high-performance storage, and advanced networking technologies [19][20]. Growth of Major Cloud Providers - The top four global cloud providers (Amazon, Microsoft, Google, Alibaba) have seen a resurgence in revenue growth due to the increasing demand for AI services, with significant capital expenditures directed towards AI infrastructure [4][5][23]. - By Q2 2025, Microsoft's AI services are expected to contribute 16 percentage points to Azure's growth, while Alibaba Cloud's AI business has maintained triple-digit growth for eight consecutive quarters [4][5]. Market Concentration - The global cloud computing market remains highly concentrated, with the top five providers holding 82.1% of the IaaS market share, indicating a competitive landscape focused on intelligent cloud capabilities [21][22]. - In the domestic market, Alibaba Cloud leads in public cloud services, while Volcano Engine is rapidly gaining ground, particularly in the intelligent cloud segment [21][22].