In both cases, these investments are resulting in market growth opportunities.”Ĭlick through this slideshow to see AWS, Alibaba Group, Google, IBM and Microsoft’s 20 market share numbers for foundational public cloud services.
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Second, it creates the foundation for new AI software that can be quickly deployed at scale. First, it unlocks the next wave of migration for enterprise applications that have previously remained on-premises.
“Cloud providers are making significant investments in high-performance infrastructure,” said Dave McCarthy, research vice president, Cloud and Edge Infrastructure Services in a statement. IDC expects spending on foundational cloud services-especially PaaS and IaaS-to continue growing at a higher rate than the overall cloud market as enterprises leverage cloud to accelerate their shift toward digital business. The 29 percent growth rate highlights the increasing reliance of enterprises on a cloud innovation platform built around widely deployed compute services, data and artificial intelligence (AI) services, and application framework services to drive innovation. This represented a 29 percent sales increase compared to 2021. Foundational cloud services include PaaS, Infrastructure as-a-Service (IaaS), and System Infrastructure Software as-a-Service that provide the foundation for cloud services in general.ĬRN breaks down the public cloud services market share for AWS, Alibaba Group, Google, IBM and Microsoft, according to new IDC report.ĪWS, Alibaba, Google, IBM And Microsoft’s Market Shareīefore jumping into these five cloud companies’ 2022 market share numbers, it is key to note that public cloud foundational services generated total revenue of $169 billion last year. IDC defines foundational public cloud services as compute, data, application framework and usage multiplier services that support businesses’ digital-first strategies. Learn more about seeing and controlling activity on your account.Worldwide spending on public cloud foundational services reached $169 billion in 2022 with Microsoft and Amazon Web Services, combined, accounting for 62 percent of the cloud market share.ĪWS, Microsoft, Google Cloud, Alibaba Group and IBM are the world’s five leading foundational cloud services providers dominating the market with service offerings around use case-specific Platform as-a-service (PaaS) or cross-cloud compute, data or network governance services, according to a new report by research firm IDC. Google News can personalize based on some of those activities. Latest Bollywood News & Gossip: Check out all the Bollywood action including latest Bollywood news, Bollywood celebrity gossip, latest trailers, trending videos, fresh images, Hindi songs and much. You can see your searches and other activity saved to your Google Account in My Activity. See your Google activity & adjust what gets saved 1h ago Trump investigations Trump asks Ga. You can have Google News show more stories that you’ll like and fewer that you won’t.
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