Conventional wisdom over thehas suggested that the pandemic has driven companies to the cloud much faster than they ever would have gone without that forcing event. With some offers, it has compressed years of transformation into months. infrastructure revenue numbers prove that thesis correct.
According to Synergy Research data, with The Big Three — Amazon, Microsoft, and Google — all reporting this previous year’s period. Canalys’s numbers were slightly higher at $42 billion., the market generated almost $40 billion in revenue. That’s up to $2 billion from last quarter and up 37% over the
As you might expect if you keeps growing, and Amazon takes a substantial chunk.this market, AWS led the way with $13.5 billion for the quarter, up 32% year over year. That’s a run rate of $54 billion. While that is an eye-popping number, what’s remarkable is the yearly , especially for a company with the size and maturity of Amazon. The law of large numbers would suggest this isn’t sustainable, but the pie
Overall, AWS held steady with a 32% market share. While the revenue numbers keep increasing, Amazon’s market share has remained firm for at around this number. The other , most notably Microsoft, which is now at around 20% share — good for about $7.8 billion this quarter.
to show signs of promise under Thomas Kurian, hitting $3.5 billion, suitable for 9% as it makes a steady march toward double digits. Even IBM had a positive quarter, led by and cloud revenue, ideal for 5% or about $2 billion overall.
John Dinsdale, a chief analyst at Synergy,have firm control of the market, that doesn’t mean there isn’t money to be made by the companies playing behind them.
“These two don’t have to spend too much time looking in their rearview mirrors and worrying about the competition. However, that is not to say there aren’t some excellent opportunities for other players. Taking Amazon and Microsoft out of the picture, the remaining market generates over $18 billion in quarterly revenues and grows at over 30% per year. , services, or user groups can target several years of strong growth,” Dinsdale said in a statement.
Canalys, another firm that watches the same market as Synergy, had similar findings with slight variations, certainly close enough to confirm one another’s conclusions. They have AWS with 32%, Microsoft with 19%, and Google 7%.
Canalys analyst Blake Murray says there is still plenty of room for growth, and we will likely continue seeingnumbers in this market for several years. “Though 2020 saw large-scale cloud infrastructure spending, most . Migration and confidence rises during 2021. Large projects postponed will resurface, while new use cases will expand the addressable market,” he said.
The numbers we see are hardly a surprise anymore, and asmore workloads into the cloud, the numbers will continue to impress. The only question is if Microsoft can continue to close the gap with Amazon.