AWS Remains At Top And Leading Public Cloud Provider In All Regions Worldwide
AWS the unequivocal player in public cloud computing remains at the top position worldwide, according to the latest Q3 data from Synergy Research Group. The ranking is based on public IaaS and PaaS service revenues
Microsoft Azure, Google Cloud Platform and Alibaba Cloud follows the trend and retains second, third and fourth positions respectively. IBM, Salesforce, and Tencent are other top five players in the regions worldwide, the latter thanks to its position in China.
AWS accounts for 40% of the public cloud computing market while Microsoft Azure, Google Cloud Platform and Alibaba Cloud collectively account for around 65% of market share.
Alibaba Cloud is ranked second in the APAC region due to their stronghold on the Chinese market and the dominance of local cloud providers in China. China accounts for over a third of the total APAC market. Its share of the regional total is increasing each quarter and in the Chinese region all the top cloud players are local companies, observes the Q3 data by Synergy Research Group.
The major and prominent segments (by revenue) of the cloud infrastructure services market are Public Infrastructure-as-a-Service (IaaS) and Platform-as-a-Service (PaaS). The other major revenue contributions are coming from managed or hosted private cloud services.
Chief Analyst and Research Director at Synergy Research Group, John Dinsdale, said, “Despite some local issues over data sovereignty, in most meaningful ways public cloud computing is a global market that is led by truly global cloud providers. The market leaders need to have a global presence, a global brand and the ability to fund huge ongoing investments in data center footprint and service enhancements. There will remain opportunities for smaller cloud providers to serve niche markets, especially focused on single countries or local regions, but those companies cannot hope to challenge the market leaders. China will continue to be an exception to the rule, but outside of China this is a global game requiring massive scale.”
It is important to note that Microsoft and Google backed cloud platforms are also competing fast to grab top position in the public cloud market. Technologically Microsoft Azure and Google cloud are equally superior.
PC:pablo,unplash
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Mandar Pise
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Mandar is a seasoned software professional for more than a decade. He is Cloud, AI, IoT, Blockchain and Fintech enthusiast. He writes to benefit others from his experiences. His overall goal is to help people learn about the Cloud, AI, IoT, Blockchain and Fintech and the effects they will have economically and socially in the future.
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