Big 4 cloud providers poised to surpass $115B in revenue this year
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We’re seeing the emergence of four, and only four, A players in the market for hyperscale cloud computing services.
For the combined infrastructure as a service and platform as a service market, only Amazon Web Services Inc., Microsoft Corp. with Azure, Alibaba Group Holding Ltd. and Alphabet Inc.’s Google Cloud Platform have the resources, momentum and stamina to outperform all the others — indefinitely.
Combined, we believe these companies will generate more than $115 billion in 2021 IaaS and PaaS revenue. That’s a substantial chunk of market opportunity that is growing in the mid-30% range this year.