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Hyperscalers Take Cloud Market Share from Telcos, Tier 2 CSPs


Meanwhile, telcos and cloud giants are increasingly collaborating at the edge.
Omdia | Jan 28, 2021
Hyperscalers, to no-one’s surprise, are steadily gaining cloud services market share.
Together, hyperscale cloud platforms had 35 percent of all off-premises cloud services revenue in 2019, according to Omdia, up 11 percentage points from 2016.
Meanwhile, Tier 2 cloud service providers, who had nearly 60 percent of the market in 2016, had 50 percent market share in 2019.
Telcos, the third major category of cloud service provider, had 15 percent market share instead of 18 in 2016.
Omdia expects revenue for the overall cloud services market to grow 29 percent year-over-year from 2019 to 2020 and have a five-year compound average growth rate (CAGR) of 16 percent from 2019 to 2024. ....

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