Core Insights - The commercial big data service industry in China is experiencing significant growth, with a projected market size of 60.5 billion yuan in 2024, representing a year-on-year increase of 20.76% [1][6] - The industry is divided into general commercial big data services, accounting for approximately 29%, and specialized commercial big data services, which make up about 71% of the market [1][6] Overview - Commercial big data services involve the use of vast structured and unstructured data to provide insights, decision support, business optimization, and risk management for enterprises [2] - The core value lies in transforming data into actionable business strategies, enhancing operational efficiency, identifying market opportunities, and strengthening core competitiveness across various business processes [2] Industry Entry Barriers - The commercial big data service industry has high technical requirements, including data analysis, processing, resource integration, and algorithm development [4] - Companies must invest significant time, effort, and capital to develop core technical capabilities and keep pace with rapid technological advancements to avoid market obsolescence [4] Market Policies - The industry is recognized as a strategic emerging industry in China, supported by various government policies aimed at fostering its development [5] - Key policies include the "Digital China Construction Overall Layout Plan" and the "Three-Year Action Plan for Data Elements (2024-2026)" among others, creating a favorable policy environment for the industry [5] Industry Chain - The upstream of the commercial big data service industry includes data sources, technology sources, and servers, while the midstream consists of service providers, and the downstream encompasses application markets across various sectors [5] Competitive Landscape - The industry is segmented into general and specialized commercial big data services, with companies like Anshuo Information and Yuxin Technology focusing on customized analysis for specific industries [8] - General commercial big data service providers, such as Qichacha and Tianyancha, offer standardized products and services that cater to a wide range of client needs [9] Company Analysis - Anshuo Information specializes in credit risk management and has generated 380 million yuan in revenue in the first half of 2025, with 71.09% from credit management systems [10] - Hehe Information focuses on AI and big data technology, achieving 843 million yuan in revenue in the first half of 2025, with a significant portion from B-end services [11] Future Trends - The integration of AI and machine learning with big data services is expected to enhance data processing efficiency and decision-making capabilities [11] - Data security and privacy protection will become critical as the importance of data increases, leading companies to adopt advanced technologies for secure data collaboration [11]