Friday, February 7, 2020

Global Cloud Computing Market Analysis

Global Cloud Computing Market Analysis shows that for 2019 AWS was #1 with revenue of $35B and 36% revenue growth rate and accounting for 32% market share. MSFT was a strong #2 with $18B revenue and 64% growth rate and accounting for 17% market share. GOOGL with a late start has a presence now with $6B revenue and 88% growth rate. 

AWS with its innovation edge and MSFT with its entrenched  enterprise client relationships are well positioned to grow while GOOGL has the capital and scale to compete. 

The nascent IT Cloud market with only $110B revenue is well positioned to grow exponentially over next 2 decades as migrating to the cloud saves cost for the businesses. 
















No comments:

Post a Comment