Global public cloud Q1 revenue cracks $126B
Operator and vendor revenues in the global public cloud market reached US$126 billion during the first quarter of 2022, a year-on-year increase of 26 per cent.
Operator and vendor revenues in the global public cloud market reached US$126 billion during the first quarter of 2022, a year-on-year increase of 26 per cent.
Amazon has led the charge once again in the global IaaS public cloud services market for 2020, but other vendors are clawing their way back up.
Alibaba Group’s cloud computing revenue grew by 50 per cent year-on-year in the company’s 2021 fiscal year, despite losing a major customer in the March quarter.
The global public cloud services market grew 34.1 per cent to US$312 billion, in 2020, with AWS and Microsoft duking it out for number one spot.
The cloud market continued to see strong growth during Q3, with standout AWS generating more revenue than the next three largest CSPs combined.
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