AWS and Microsoft clash for the 2020 global public cloud revenue crown
AWS and Microsoft clash for the 2020 global public cloud revenue crown
Both AWS and Microsoft held 12.8 per cent each of the global revenue in the public cloud services market last year.
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The global public cloud services market grew 34.1 per cent year over year, to US$312 billion, in 2020, with cloud giants Amazon Web Services (AWS) and Microsoft duking it out for the number one spot for revenue share.
This is according to research firm IDC, which claimed that due to an expanding portfolio of software-as-a-service (SaaS) and system infrastructure software-as-a-service (SISaaS), Microsoft and AWS both share the top spot in the public cloud services market, with both companies holding 12.8 per cent revenue share for the year.