Amazon leads the cloud market despite 100% growth rate of Google and Microsoft.
Amazon Web Services (AWS) continues to dominate the cloud infrastructure services market, with a 31% worldwide market share, shared New Q1 data from Synergy Research Group. The next three, Microsoft, IBM and Google together, accounted for 22% of market share. The next 20 top-ranked cloud providers accounted for another 27% share.
The data shows cloud is becoming a game of big four. While AWS is still growing impressively at 57%, the next three are growing at 93%. Others are falling behind, with growth of just 41%. The market is growing at over 50%. Microsoft and Google are growing over 100%.
Next set of players include Alibaba, CenturyLink, Fujitsu, HPE, NTT, Oracle, Orange, Rackspace, Salesforce and Vmware.
With most of the major operators having now released their earnings data for Q1, Synergy estimates that quarterly cloud infrastructure service revenues (including IaaS, PaaS and private & hybrid cloud) have now comfortably passed the $7 billion milestone. Growth rates remain almost similar across the major regions. United States continues to account for around half of the worldwide market.
This (cloud computing) is a market that is so big and is growing so rapidly that companies can be growing by 10-30% per year and might feel good about themselves and yet they would d still be losing market share,” said John Dinsdale, a Chief Analyst and Research Director at Synergy Research Group.
To build a sustainable and profitable business, Dinsadle shared that the companies should move their focus from specific regions or specific services as “the bulk of the market demands huge scale, a broad footprint, very deep pockets and a long-term corporate focus.”