Amazon Web Services commands 31% of worldwide cloud market, says research firm

Amazon Web Services (NASDAQ: AMZN) continues to retain its top spot in the cloud infrastructure market with a 31 percent worldwide market share, according to a new Synergy Research report.

Microsoft (NASDAQ: MSFT), IBM and Google (NASDAQ: GOOG) -- three of AWS' largest competitors -- accounted for 22 percent of the market, while the next 20 top-ranked cloud providers accounted for another 27 percent. Synergy noted that Microsoft are benefiting from 100 percent growth rates, meaning they are gaining ground on AWS. Following the big four cloud providers, the next 20 cloud service providers are growing at an average 41 percent per year. However, Synergy says these players are growing at over 50 percent, illustrating "that most of them are losing market share."

Now that the majority of major cloud operators have released their first quarter earnings data, Synergy has forecast that quarterly cloud infrastructure service revenues (including IaaS, PaaS and private & hybrid cloud) have passed the $7 billion mark. Cloud services growth remains consistent across major geographic regions meaning that the United states accounts for about half of the worldwide market. Release

FREE DAILY NEWSLETTER

Like this story? Subscribe to FierceTelecom!

The Telecom industry is an ever-changing world where big ideas come along daily. Our subscribers rely on FierceTelecom as their must-read source for the latest news, analysis and data on the intersection of telecom and media. Sign up today to get telecom news and updates delivered to your inbox and read on the go.

Suggested Articles

ServiceNow is boosting the artificial intelligence (AI) capabilities in its applications for enterprises with a deal to buy Canadian startup Element A

Ahead of next year's expected deployments of 5G, Dish Network announced fiber agreements on Monday with Everstream, Segra, Uniti and Zayo.

Telefónica has notched a third deployment of edge nodes in its home country of Spain with a recent launch in Seville, Spain.