Hyperscale cloud service providers continue to leverage their low-cost advantage to drive growth. According to the latest worldwide market study by Canalys, Google Cloud was the fastest-growing cloud infrastructure vendor last year -- up more than 90 percent year-on-year -- increasing its share of the total market from 6 percent in 2017 to 8 percent in 2018. The top four hyperscale cloud service providers accounted for 61 percent of the total market in 2018. Amazon Web Services (AWS) remained the leader on 32 percent, followed by Microsoft Azure with 17 percent, Google Cloud in third place with 8 percent and Alibaba Cloud with 4 percent. Hyperscale Cloud Market Development Canalys reports that hyperscale cloud infrastructure services are in a period of sustained growth, with spending up 46 percent in 2018 to more than $80 billion. Expenditure is also forecast to surpass $143 billion in 2020. More businesses are deploying a hybrid multi-cloud strategy, integrating multiple provi...
TMT Market Research and Analysis