AWS, Microsoft, and Google combined for 66 percent share of the $57.5 billion in cloud services spending in the third quarter of 2022.
Cloud Market-Share Leaders:
1. Amazon Web Services (AWS):2. Microsoft Azure3. Alibaba4. Google Cloud Platform (GCP)5. IBM
Amazon Web Services (AWS):
In 2018, Amazon reported revenues of $15.4 billion, a growth of 26.8% from the previous year. Carrying this dominance into 2019, Amazon reports Q1 and Q2 combined AWS revenue of $16.1 billion, a 39% growth from H1 2018.
Microsoft Azure with a market share of 15.5%, according to Gartner estimates Azure annual revenues of $5 billion and a growth of 60.9% in 2018, boosting Azure market share.