Volcano Engine’s market share grew in 2025, even as more competitors entered the market.
Written by Cheng Zi
Published on
13 May 2026
9 mins read
China’s model-as-a-service market is expanding rapidly, growing from a small, narrow segment into a promising source of business growth. The latest data from market research firm IDC shows that, in 2025, call volume in China’s enterprise MaaS market rose 16-fold year-on-year to 1,944 trillion tokens. IDC expects growth to accelerate further in 2026.
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The top two players each held roughly 25 per cent of the 2024 market, followed by Tencent and Huawei, IDC says.
As of June, Amap had 895.5 million monthly active users, making it the fourth biggest mobile app in China by that measure.
Automakers no longer need foreign joint venture partners as they expand overseas.
