Tencent Cloud, the cloud business of Chinese tech giant Tencent, said on Monday that it launched the first internet data center (IDC) in Jakarta of Indonesia, the latest addition to its growing infrastructure network spanning across 27 regions and 61 availability zones.

As one of the fastest growing public cloud markets in the Asia Pacific, Indonesia has a compound annual growth rate of 25 percent and is expected to increase its market size to $800 million by 2023, and the new IDC is positioned to fulfill the growing need for cloud services in Indonesia and the Asian-Pacific region.  

Poshu Yeung, senior vice president of Tencent Cloud International, said that "given that Indonesian population structure is younger, it has a huge internet demographic dividend and its mobile internet market is quickly developing." The company also announced its plan to launch a second IDC in Indonesia within one year. 

Tencent Cloud has beefed up its global push over recent years amid rising overseas demand and fierce competition domestically. The company's overseas data centers have entered countries such as Singapore, Thailand, South Korea, Japan, India, Russia, the U.S., Canada and Germany.  

According to research firm Canalys, Tencent Cloud had 15 percent of China's cloud market in 2020, after Alibaba Group and Huawei Cloud which holds 40 percent and 17 percent market share in China respectively.

This March, Tencent Cloud signed a memorandum of understanding with Bahrain's Economic Development Board to launch an IDC in Bahrain by the end of 2021.  

In the global cloud computing race, Amazon Web Services' market share in cloud infrastructure market amounted to 31 percent in the fourth quarter of 2020, exceeding the combined market share of Microsoft and Google.

For the Chinese side, data from Canalys indicated that Alibaba Cloud grew 54 percent in the quarter to account for 6 percent of the world total market.