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The Gross Domestic Product (GDP) in China expanded 5.20 percent in the second quarter of 2025 over the same quarter of the previous year. This dataset provides - China GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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The Gross Domestic Product (GDP) in China expanded 1.10 percent in the second quarter of 2025 over the previous quarter. This dataset provides - China GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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The Chinese Domestic Databases market size is set for robust growth, projected to grow from USD 2 billion in 2023 to USD 6.5 billion by 2032, reflecting an impressive CAGR of 13.5%. This growth is driven by the increasing demand for data sovereignty, technological advancements, and regulatory support from the Chinese government. The market is primed for expansion, propelled by factors such as the burgeoning digital economy, increased cloud adoption, and the strategic focus on indigenous technological advancements.
One of the primary growth factors for the Chinese Domestic Databases market is the increasing emphasis on data sovereignty and security. With the Chinese government imposing stringent regulations on data storage and management, domestic companies are compelled to utilize local databases to ensure compliance. This has created a favorable environment for the growth of domestic database providers who are tailored to meet these unique requirements. Additionally, the rise in cyber threats has further driven the need for secure and reliable database solutions, contributing significantly to market growth.
Technological advancements and innovation within the database industry are also pivotal growth drivers. The rapid development of Artificial Intelligence (AI) and Machine Learning (ML) technologies has allowed for more efficient and intelligent database management systems. Innovations in data handling, processing speed, and storage capabilities provide a significant competitive edge to domestic databases over international counterparts. Furthermore, the integration of AI and ML with databases enables advanced analytics and insights, helping businesses make more informed decisions, thus driving the market forward.
The digital transformation across various sectors in China has also fueled the demand for robust database solutions. Sectors such as finance, healthcare, and retail are increasingly relying on digital platforms for their operations, necessitating sophisticated and reliable databases to manage vast amounts of data. The push towards a digital economy by the Chinese government, coupled with initiatives like the "New Infrastructure" program, which focuses on the development of digital infrastructure including big data centers, has significantly boosted the demand for domestic databases.
Regionally, East China dominates the market due to the presence of major economic hubs like Shanghai and Hangzhou, which are home to numerous technology companies and data centers. North China, with Beijing as its central hub, also plays a significant role in the market due to the concentration of governmental bodies and financial institutions that demand secure and compliant database solutions. South China, particularly Shenzhen, is another critical region, given its prominence as a technology and innovation hub. Central China and other regions are gradually catching up as investments in digital infrastructure spread across the country. Overall, the regional dynamics of the Chinese Domestic Databases market present a diverse and rapidly evolving landscape.
The Chinese Domestic Databases market comprises various types, including Relational Databases, NoSQL Databases, NewSQL Databases, and others. Relational Databases have been the cornerstone of the database industry for decades, offering structured data storage and easy retrieval through SQL queries. Despite their age, they remain highly relevant due to their robustness, reliability, and the vast ecosystems that have developed around them. In China, relational databases continue to be widely adopted across various industries, particularly in sectors like finance and government, where data accuracy and consistency are paramount.
NoSQL Databases have gained significant traction in recent years due to their flexibility, scalability, and ability to handle unstructured data. Unlike traditional relational databases, NoSQL databases can seamlessly manage large volumes of diverse data types, making them ideal for applications in big data and real-time web applications. In China, the adoption of NoSQL databases is particularly prominent in the e-commerce and social media sectors, where the ability to scale out horizontally and handle high-velocity data is crucial.
NewSQL Databases represent a hybrid approach that combines the best features of traditional relational databases and NoSQL databases. They offer the scalability and flexibility of NoSQL while maintaining the ACID (Atomicity, Consistency, Isolation, Durability) prope
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Money Supply M2 in China increased to 330332.50 CNY Billion in June from 325783.81 CNY Billion in May of 2025. This dataset provides - China Money Supply M2 - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Patron-client networks are widely found in governments of transitional societies and are often seen as an impediment to effective governance. This article advances an alternative view that emphasizes their enabling effects. I argue that patron-client relations can be used to improve government performance by resolving principal-agent problems within political hierarchies. I substantiate this claim by examining how patronage networks shape economic performance of local governments in China. Using an original city-level panel dataset between 2000 and 2011, and a new method that identifies patronage ties based on past promotions, I show that city leaders with informal ties to the incumbent provincial leaders deliver significantly faster economic growth than those without. I conduct additional analyses to rule out several important alternative explanations and provide evidence on the incentive-enhancing mechanism. These findings highlight the importance of informal institutions for bureaucratic management and authoritarian governance.
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Since the “Belt and Road Initiative” initiative, China's overseas highway projects have developed rapidly. Highway construction is the leading carrier for the construction of other projects. It is vital to the construction of other supporting facilities, and at the same time it can stimulate economic growth along the region and narrow the gap between regions. Development gap. However, there are currently few statistics on highway projects outside China, and there is a lack of statistics and positioning data for the “Belt and Road Initiative” highway project. This dataset uses web crawler technology, various corporate official website consultation reports, and OSM (open street map) and DIVA-GIS road data sources to collect and organize information on 99 highway projects in 51 countries, including the project location and construction of highway projects. 13 basic information such as start time, route length, construction unit and cooperation mode. The collection of road information is not only conducive to enterprises to strengthen communication, formulate more international norms, rationally carry out investment in overseas highway projects, and has positive significance for the overall planning and layout of China's “Belt and Road Initiative” overseas highway project.
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This paper investigates both the effects of domestic monetary policy and external shocks on fundamental macroeconomic variables in six fast growing emerging economies: Brazil, Russia, India, China, South Africa and Turkey—denoted hereafter as BRICS_T. The authors adopt a structural VAR model with a block exogeneity procedure to identify domestic monetary policy shocks and external shocks. Their research reveals that a contractionary monetary policy in most countries appreciates the domestic currency, increases interest rates, effectively controls inflation rates and reduces output. They do not find any evidence of the price, output, exchange rates and trade puzzles that are usually found in VAR studies. Their findings imply that the exchange rate is the main transmission mechanism in BRICS_T economies. The authors also find that that there are inverse J-curves in five of the six fast growing emerging economies and there are deviations from UIP (Uncovered Interest Parity) in response to a contractionary monetary policy in those countries. Moreover, world output shocks are not a dominant source of fluctuations in those economies.
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Consumer Spending in China increased to 538646.10 CNY Hundred Million in 2024 from 512120.60 CNY Hundred Million in 2023. This dataset provides - China Consumer Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.
This dataset consists of transcripts and notes of interviews conducted in China between April 2017 and December 2018. The interviews were on the theme of informal finance in China and its recent transformation in the light of technological and regulatory changes. The interviewees included executives in financial and technological companies, officials, judges and lawyers.China's rapid economic growth in recent decades has been attributed to its reliance on informal contracting and trust-based relationships. This claim is a reflection of the absence in China of some of the more formal legal and regulatory institutions of the market economies of the global north. Although the claim that China lacks formal legal mechanisms of market governance may have been somewhat overstated, it is the case that informal finance, particularly in the form of trade credit, family lending and communal investing, has played a major role in supporting China's growth. The prevalence of informal finance constitutes a significance source of flexibility for China's economy given the limitations of the formal sector, which remains dominated by state-owned banks lending largely to state-owned enterprises. Informal finance is also evolving quickly and is converging with the use of internet technologies to deliver finance ('fintech') through such mechanisms as crowdfunding. However, there are downsides to the reliance of the Chinese economy on informal finance and significant risks arise from its convergence with fintech. The large shadow banking sector, by virtue of its positioning outside most of the regulations applying to mainstream banks, adds to systemic risks. The formal and informal sector coexist in an uneasy relationship: they may substitute for each other, or provide complementary modes of finance, but they can also operate to reinforce and magnify systemic risks, as in the case of the crisis in Wenzhou after 2011. Similarly, the rise of fintech is a double edged sword. On the one hand, cloud computing and big data may be facilitating new forms of social credit and collective investment schemes which have the potential to meet the needs of the growing social credit sector. Crowdfunding may provide a new and flexible form of financing for start-ups and innovative ventures. However, these new forms of finance also have the potential to undercut or render otiose regulations designed to maintain market transparency, and to intensify the risks facing investors. Against this background, the project explores the phenomenon of informal finance in China, identifies the risks and potential associated with it, and assesses how regulation can best respond to the risks while not sacrificing the innovations and flexibility associated with it, particularly in the context of 'fintech'. These are qualitative datasets are derived from interview-based fieldwork. An anonymisation log has been provided in each case.
This data package includes the underlying data to replicate the charts presented in Lessons from China's fiscal policy during the COVID-19 pandemic, PIIE Working Paper 24-7.
If you use the data, please cite as: Huang, Tianlei. 2024. Lessons from China's fiscal policy during the COVID-19 pandemic. PIIE Working Paper 24-7. Washington: Peterson Institute for International Economics.
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The Property & Casualty (P&C) insurance market in China, currently valued at $242.12 billion (2025 estimate), is experiencing robust growth, projected to maintain a Compound Annual Growth Rate (CAGR) of 7.12% from 2025 to 2033. This expansion is fueled by several key factors. Firstly, China's rapidly expanding middle class is driving increased demand for insurance products, particularly motor insurance and home insurance, as personal wealth and asset ownership grow. Secondly, the government's ongoing efforts to improve financial inclusion and promote insurance penetration are contributing to market expansion. Increased awareness of risk management and the benefits of insurance coverage, coupled with improved regulatory frameworks, are encouraging higher adoption rates. Finally, the rise of digital distribution channels, like online platforms and bancassurance, is facilitating greater access to insurance services across geographical regions, broadening the customer base. This digital transformation is creating significant efficiency gains for insurers and enhances customer experience leading to higher market penetration. However, challenges remain. While the market is growing, competition among established players like PICC Property & Casualty Company Limited, Ping An Insurance, and others is fierce. Maintaining profitability in a highly competitive landscape requires insurers to innovate, offer competitive pricing, and develop targeted product offerings. Furthermore, potential economic fluctuations and shifts in government policies could influence market growth trajectory. The market segmentation reflects this dynamism, with motor, property, and home insurance dominating, yet liability and marine insurance segments showing promising growth potential as the Chinese economy diversifies. Regional variations exist, with coastal regions and major urban centers exhibiting higher penetration rates compared to more rural areas. Therefore, targeted marketing strategies and regionally specific product development are essential for sustained success in this dynamic and lucrative market. This comprehensive report provides an in-depth analysis of China's dynamic P&C insurance industry, covering the period from 2019 to 2033. With a focus on the key trends, challenges, and growth opportunities, this study offers invaluable insights for investors, insurers, and anyone seeking to understand this rapidly evolving market. The report leverages a robust data set, analyzing key market segments and providing detailed forecasts to 2033. High-search-volume keywords like China P&C insurance market, Chinese insurance industry, China motor insurance, and China insurance regulations are incorporated throughout to ensure maximum online visibility. Base Year: 2025 | Estimated Year: 2025 | Forecast Period: 2025-2033 | Historical Period: 2019-2024 | Study Period: 2019-2033 Recent developments include: January 2024: Generali announced that it would be acquiring a 100% stake in its Chinese property-casualty (P&C) insurance subsidiary, previously 49% owned by the Italian group., May 2023: BYD, the Chinese electric vehicle (EV) manufacturer, announced that it acquired Yi'an P&C Insurance Co, an insurer that was seized by Chinese regulators two years ago as part of a crackdown on financial conglomerates. The CBIRC approved BYD's 100% acquisition.. Key drivers for this market are: Economic Growth and Rising Awareness of Risk Management. Potential restraints include: Economic Growth and Rising Awareness of Risk Management. Notable trends are: Online Insurance and Digitalization is Driving the Market.
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The global GPU database market size was estimated to be approximately USD 500 million in 2023 and is projected to reach USD 1.4 billion by 2032, growing at a compound annual growth rate (CAGR) of 12.3% during the forecast period. This robust growth is driven by the increasing demand for high-performance data analytics solutions across various industries. The proliferation of big data and the need for faster data processing capabilities have significantly contributed to the growth of the GPU database market. The integration of artificial intelligence (AI) and machine learning (ML) technologies with GPU databases further bolsters their adoption and utility, enabling companies to extract meaningful insights from vast datasets in real-time.
One of the key growth factors for the GPU database market is the escalating demand for real-time data analytics. As businesses strive to make data-driven decisions quickly, the requirement for databases that can process and analyze large volumes of data at high speed has become critical. GPU databases, with their parallel processing capabilities, are uniquely positioned to meet this demand. Unlike traditional CPU-based databases, GPUs can handle complex computations and large datasets more efficiently, providing quicker analytical insights and enhancing decision-making processes. This capability is particularly beneficial for industries such as finance and healthcare, where real-time analytics can drive significant operational efficiencies and competitive advantages.
Another prominent growth driver is the increasing adoption of AI and ML technologies across various industries. GPU databases provide the necessary computational power to support these advanced technologies, enabling organizations to implement sophisticated data models and algorithms. In areas such as fraud detection, predictive maintenance, and personalized marketing, the ability to process large datasets rapidly is crucial. GPU databases facilitate these processes, allowing businesses to innovate and improve their services and offerings. As AI and ML continue to evolve and become integral to business operations, the reliance on and demand for GPU databases are expected to rise accordingly.
The expansion of cloud computing services also plays a significant role in the growth of the GPU database market. Many organizations are transitioning from on-premises to cloud-based solutions, drawn by the scalability, flexibility, and cost-efficiency offered by the cloud. GPU databases in the cloud environment enable businesses to scale their data processing capabilities as needed without the requirement for substantial upfront infrastructure investments. This scalability is particularly attractive to small and medium enterprises (SMEs) that may lack the resources for extensive IT infrastructure. Consequently, the trend towards cloud adoption is anticipated to drive the demand for GPU databases further, creating new opportunities within the market.
Regionally, North America dominates the GPU database market, driven by technological advancements and the early adoption of innovative solutions across various industries. The presence of major market players and substantial investments in research and development further bolster the region's market position. However, the Asia Pacific region is expected to experience the fastest growth during the forecast period, attributed to the increasing industrialization, digital transformation initiatives, and rising demand for data analytics solutions in emerging economies such as China and India. The growing IT sector and the expanding use of AI and ML technologies in this region also contribute to the rising demand for GPU databases.
In the component segment, the GPU database market is categorized into software, hardware, and services. Each of these components plays a crucial role in the functioning and deployment of GPU databases across various industries. The software component is critical as it encompasses the database management systems that enable the storage, retrieval, and analysis of data using GPU acceleration. This includes specialized software solutions designed to optimize the processing power of GPUs, allowing for faster data processing and analytics. As the demand for advanced analytics and AI-driven insights continues to grow, the software segment is expected to witness significant growth.
The hardware component of the GPU database market includes the physical GPUs and related infrastructure necessary to support the database operations. With the increasing need for high-perform
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With the advance of China’s railway construction technology and the expansion of the overseas market, there is rapid growth in major overseas railway interconnection projects undertaken by China. Especially, since the Belt and Road Initiative was launched, China’s major railway interconnection projects under construction have grown rapidly, but until now there has been no centralized database on all the railway project information. This dataset of China’s overseas railway projects from 2007 to 2019 has been compiled with the help of the web crawler technology as well as the reference of China’s proposed project network, the project database of the Ministry of Commerce, the website of the Economic and Commercial Counsellor’s Office of the relevant national embassy, the relevant public number of the “Belt and Road”, and the official website of the Overseas Railway Project Construction Enterprise. The dataset collected a total of 86 overseas railway projects that have been constructed by China’s enterprises since 2007, covering the countries along the “Belt and Road” and other countries and regions in the world. Each project includes the railway project name, based country, continent, region, country category, railway type, construction enterprise, railway line length (km), design speed (km/h), estimated signing/starting time, estimated completion time(duration), project amount, and cooperation method (investment, construction/design, acquisition). This dataset can benefit the relevant departments of China to better acquire information on overseas railway projects and provide support for decision-makers in promoting cooperation between relevant countries in the field of interconnected railways.
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China recorded a Current Account surplus of 2.20 percent of the country's Gross Domestic Product in 2024. This dataset provides - China Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Observation of crop phenological phase is an important basis for monitoring crop growth and evaluating crop yield. This study relies on historical image data from 642 national agricultural meteorological observation stations and observer supplementary image data to select 2891 high-quality images from tens of thousands of developmental stage images, including 661 images of rice, 853 images of wheat, 698 images of corn, 204 images of cotton, 237 images of rape, and 284 images of soybeans. Through quality control and evaluation processes such as classification, screening, expert manual discrimination, and identification, and in strict accordance with the crop phenological phase standards specified in the " Specifications of Agrometeorological Observation (Main Crop Volume)", 668 crop development period images were selected to construct a dataset, including 6 subfolders, which store key development period image data of rice, wheat, corn, cotton, rape, and soybean, totaling 668 images with a size of 2.04 GB. This dataset is classified according to agricultural biological observation objects, with their growth and development process as the main line, and physical images that can intuitively reflect the physiological structure and morphological characteristics of different growth stages of agricultural organisms as the core. It systematically displays the operational standards and technical methods for agricultural meteorological crop phenology observation. It can help observers quickly, accurately, and comprehensively learn agricultural meteorological observation techniques in a short period of time, thereby improving the overall ability, level, and quality of agricultural meteorological observation. This dataset can also provide the study of agricultural production strategies to cope with climate change. It also has important reference value for the research and training of agricultural meteorological artificial observation technology, as well as popular science education on crop phenology periods.
This data collection consists of survey data collected from mine workers in Tanzania. Artisanal and small-scale mining (ASM) has long been a mainstay of Tanzania’s rural economy, contributing to the livelihoods of more than three million Tanzanians. ASM is nonetheless yet to realise its full development potential, with the sub-sector continuing to be beset by social, environmental and economic under-performance issues as a result of structural resource and capacity constraints. Like countries such as Ghana, Cameroon and Zimbabwe, foreign investors, often of Chinese origin, are increasingly participating in Tanzania’s ASM chains, which bring in much-needed capital, technologies and know-how. Therefore, such investments have the potential to contribute to resolving ASM barriers to upgrading, but could also pose a threat if not properly regulated. These investments however have by and large failed to fulfil their transformative potential by forging limited productive linkages with ASM miners. We also observed limited differences between Chinese and other investors in business models and associated impacts, attesting to the sector- wide – rather than investor-specific – nature of these challenges. In light of the ongoing sector reform, this paper highlights a host of critical institutional issues that deserve greater attention if the Tanzanian government is to improve the performance of ASM and leverage the potential of foreign investment in the sub-sector.This project addresses two key development challenges and opportunities concerning Africa's natural resource governance today: the growing informal commodity trade and engagement with China. It focuses on the impacts of Chinese actors in informal agriculture, mining and timber trade along two fast-developing trade corridors connected to the Indian Ocean. The first corridor is a transit route for commodities such as timber and minerals from the Democratic Republic of Congo (DRC) through East Africa for export from Kenya. The second corridor links central southern Africa (Zambia and DRC's Katanga province to Beira port in Mozambique, from where agricultural products, timber and, increasingly minerals are exported). Examining the two trade routes that link Africa's informal natural resource sectors to the ever-growing Chinese market, this work will provide urgently needed insights on natural resource governance, global trade patterns, and the positive and deleterious effects of informal resource exploitation on local poverty and the natural environment. It builds on ongoing efforts by IIED and CIFOR in relation to these topics, expanding and deepening research in the area and using a well-connected policy network to achieve impact. Specifically, the research involves four work streams over the course of 36 months: i) value chain analysis of selected commodity chains with a particular focus on power dynamics and benefit distribution among actors, ii) political-economic analysis of regulatory and customary regimes governing the selected commodity trade, iii) environmental impacts analysis through land-use/land cover change and iv) cross-sector synthesis of the three sectors' findings and key policy lessons. The proposed research addresses all the objectives of the DFID-ESRC China and Africa Research Programme Call. First, it takes Africa's development challenges (the growing informal economy and depleting natural resource base) as starting points to examine Chinese engagement in the context of informal commodity trade. Envisioned as one of the first systematic examinations of micro-level Chinese activities in Africa's natural resource governance, this research will provide rigorous evidence and dispel misconceptions about Chinese trade and investment in Africa's informal economy. Second, it benefits economically-marginalized actors (such as rural resource users, women and youth not integrated in the formal economy) in the selected African countries by identifying opportunities and challenges for poverty alleviation and sustainable resource use associated with Africa's growing informal economy and China-Africa commodity trade Third, it confronts two cross-cutting themes: gender and fragile states through gender-disaggregated value chain and livelihoods analysis and inclusion of the DRC as a research site. Fourth, it supports national and international policymaking by generating an evidence-based body of knowledge strongly demanded by Chinese, African and international policymakers, businesses as well as rural African resource users - their requests for accurate information have been highlighted through the previous research, personal communications and policy engagement work by IIED, CIFOR, GEI and the African institutions (see Pathways to Impact). Finally, it adds to the development literature by extending and adopting existing methodologies to informal economy research - a field that is rapidly growing in importance for studying economic development in the global South. It also takes a multidisciplinary approach through environmental impact assessment using GIS remote sensing, which is critical to obtaining a comprehensive understanding of the challenges and opportunities associated with sustainable development. Within Tanzania, four areas popular for gold and copper were selected using key informant interviews: Chunya and Geita for gold, Mpwapwa and Mwanga for copper. For each location, a key case study mining business was identified. For each case, between 30 to 40 employees of the mine were surveyed.
China's public fund industry has experienced rapid expansion, marked by heightened market activity and increasing investor participation. As of September 2024, the sector serves over 700 million investors and manages assets totaling 32 trillion yuan. The growing awareness of wealth management has led to a surge in retail investor involvement, with fund allocations becoming more diversified.
GACRIS-fund is designed to analyze and interpret retail investor sentiment within this dynamic market. Leveraging proprietary NLP models optimized for Chinese financial social media, the dataset extracts valuable insights from discussions on Guba’s fund forum. By systematically processing vast amounts of investor discourse, GACRIS-fund captures sentiment trends and fund popularity on a daily basis while providing detailed analytics on individual posts and user profiles.
By decoding investor sentiment through social media interactions, GACRIS-fund offers financial professionals, fund managers, and researchers a comprehensive view of retail investor behavior. Through its real-time tracking of sentiment shifts, the dataset serves as a valuable tool for understanding market dynamics and informing investment strategies in China’s fast-evolving fund industry.
• Coverage: 23000+ funds across 32 categories, including 1000+ ETFs • History: From 2010-05-12 • Update Frequency: Daily
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The global vector database market is anticipated to reach a value of 20.05 billion in 2033, exhibiting a CAGR of 23.7% from 2025 to 2033. The rising adoption of artificial intelligence (AI) and machine learning (ML) technologies, particularly in the BFSI, retail and e-commerce, healthcare and life sciences, and IT and ITeS sectors, is a major driver of market growth. Furthermore, the increasing need for efficient data storage and retrieval in a variety of applications, such as natural language processing (NLP), computer vision, and recommendation systems, is further boosting market expansion. The Asia Pacific region is expected to hold a significant share of the vector database market, with key countries such as China, India, and Japan contributing to its growth. The region's burgeoning IT and ITeS sector, as well as its rapidly growing e-commerce market, are driving the demand for vector databases. Additionally, government initiatives in various countries aimed at promoting AI adoption are creating favorable conditions for market growth. The presence of major technology companies in the region, such as Alibaba Cloud, Pinecone Systems, and Zilliz, is also contributing to the market's expansion. This report provides an in-depth analysis of the Vector Database Market, a rapidly growing segment of the database industry valued at USD 1.5 billion in 2023 and projected to reach USD 10.2 billion by 2028, exhibiting a CAGR of 36.1% during the forecast period. Recent developments include: In June 2024, Salesforce, Inc. announced the general availability of the Data Cloud Vector Database, designed to help businesses unify and leverage the 90% of customer data trapped in unstructured formats, such as PDFs, emails, and transcripts. This innovation enables businesses to cost-effectively deliver transformative and integrated customer experiences across service, sales, marketing, AI, automation, and analytics , In June 2024, Oracle launched HeatWave GenAI, the first in-database large language model, scale-out vector processing, automated in-database vector store, and contextual natural language conversations informed by unstructured content. These capabilities let customers apply generative AI to enterprise data without moving data to a separate vector database or needing AI expertise , In April 2024, Vultr partnered with Qdrant, an advanced vector database technology provider, through their Cloud Alliance program to enhance cloud infrastructure and support the growing AI ecosystem. This collaboration combines Qdrant's innovative technology with Vultr's global platform, offering seamless scalability and performance for vector search workloads .
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The global AI training dataset market size was valued at approximately USD 1.2 billion in 2023 and is projected to reach USD 6.5 billion by 2032, growing at a compound annual growth rate (CAGR) of 20.5% from 2024 to 2032. This substantial growth is driven by the increasing adoption of artificial intelligence across various industries, the necessity for large-scale and high-quality datasets to train AI models, and the ongoing advancements in AI and machine learning technologies.
One of the primary growth factors in the AI training dataset market is the exponential increase in data generation across multiple sectors. With the proliferation of internet usage, the expansion of IoT devices, and the digitalization of industries, there is an unprecedented volume of data being generated daily. This data is invaluable for training AI models, enabling them to learn and make more accurate predictions and decisions. Moreover, the need for diverse and comprehensive datasets to improve AI accuracy and reliability is further propelling market growth.
Another significant factor driving the market is the rising investment in AI and machine learning by both public and private sectors. Governments around the world are recognizing the potential of AI to transform economies and improve public services, leading to increased funding for AI research and development. Simultaneously, private enterprises are investing heavily in AI technologies to gain a competitive edge, enhance operational efficiency, and innovate new products and services. These investments necessitate high-quality training datasets, thereby boosting the market.
The proliferation of AI applications in various industries, such as healthcare, automotive, retail, and finance, is also a major contributor to the growth of the AI training dataset market. In healthcare, AI is being used for predictive analytics, personalized medicine, and diagnostic automation, all of which require extensive datasets for training. The automotive industry leverages AI for autonomous driving and vehicle safety systems, while the retail sector uses AI for personalized shopping experiences and inventory management. In finance, AI assists in fraud detection and risk management. The diverse applications across these sectors underline the critical need for robust AI training datasets.
As the demand for AI applications continues to grow, the role of Ai Data Resource Service becomes increasingly vital. These services provide the necessary infrastructure and tools to manage, curate, and distribute datasets efficiently. By leveraging Ai Data Resource Service, organizations can ensure that their AI models are trained on high-quality and relevant data, which is crucial for achieving accurate and reliable outcomes. The service acts as a bridge between raw data and AI applications, streamlining the process of data acquisition, annotation, and validation. This not only enhances the performance of AI systems but also accelerates the development cycle, enabling faster deployment of AI-driven solutions across various sectors.
Regionally, North America currently dominates the AI training dataset market due to the presence of major technology companies and extensive R&D activities in the region. However, Asia Pacific is expected to witness the highest growth rate during the forecast period, driven by rapid technological advancements, increasing investments in AI, and the growing adoption of AI technologies across various industries in countries like China, India, and Japan. Europe and Latin America are also anticipated to experience significant growth, supported by favorable government policies and the increasing use of AI in various sectors.
The data type segment of the AI training dataset market encompasses text, image, audio, video, and others. Each data type plays a crucial role in training different types of AI models, and the demand for specific data types varies based on the application. Text data is extensively used in natural language processing (NLP) applications such as chatbots, sentiment analysis, and language translation. As the use of NLP is becoming more widespread, the demand for high-quality text datasets is continually rising. Companies are investing in curated text datasets that encompass diverse languages and dialects to improve the accuracy and efficiency of NLP models.
Image data is critical for computer vision application
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The Gross Domestic Product (GDP) in China expanded 5.20 percent in the second quarter of 2025 over the same quarter of the previous year. This dataset provides - China GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.