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Microsoft, AWS share top spot in Public Cloud Services market

Microsoft, AWS share top spot in Public Cloud Services market ​ By IANS | ​ 4 Views Microsoft. (File Photo: IANS). Image Source: IANS News New Delhi, May 16 : Microsoft shared the top position with Amazon Web Services (AWS) as the worldwide public cloud services market grew 24.1 per cent (year-over-year) in 2020 with revenues reaching $312 billion, according to the International Data Corporation (IDC). Spending continued to consolidate in 2020 with the combined revenue of the top 5 public cloud service providers (Amazon Web Services, Microsoft, Salesforce.com, Google, and Oracle) capturing 38 per cent of the worldwide total and growing 32 per cent year over year. Thanks to an expanding portfolio of SaaS and SISaaS offerings, Microsoft now shares the top position with AWS in the whole public cloud services market, with both companies holding 12.8 per cent revenue share for the year.

AWS and Microsoft clash for the 2020 global public cloud revenue crown

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. Credit: Dreamstime 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. 

AWS, Microsoft vie for top public cloud spot

May 14, 2021 The worldwide public cloud services market, including Infrastructure as a Service (IaaS), System Infrastructure Software as a Service (SISaaS), Platform as a Service (PaaS), and Software as a Service (SaaS), grew 24,1% year over year in 2020 with revenues totaling $312-billion, according to the International Data Corporation (IDC) Worldwide Semiannual Public Cloud Services Tracker. Spending continued to consolidate in 2020 with the combined revenue of the top five public cloud service providers (Amazon Web Services, Microsoft, Salesforce.com, Google, and Oracle) capturing 38% of the worldwide total and growing 32% year over year. Thanks to an expanding portfolio of SaaS and SISaaS offerings, Microsoft now shares the top position with Amazon Web Services in the whole public cloud services market with both companies holding 12,8% revenue share for the year.

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