The market for services for creating cloud infrastructure exceeded $ 100 billion

In 2019, global spending on services used to deploy cloud infrastructure reached a record $ 107.1 billion, an increase of 37.6% over the previous year. Such data in February 2020 were provided by Canalys analysts .

In 2019, global spending on services used to deploy cloud infrastructure reached a record $ 107.1 billion, an increase of 37.6% over the previous year. Such data in February 2020 were provided by Canalys analysts .

According to them, such a high growth rate of the cloud market indicates the continued expansion of the IT industry, which, in turn, is driven by digital transformation projects in all industries. Companies are increasing spending on cloud services for computing, data storage and other tasks in order to analyze and interpret their data, as well as to meet their needs for DevOps practice when creating new applications and services, the study said.

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Market leaders of services for cloud infrastructure, data of Canalys
Amazon remains the largest provider of cloud infrastructure services, but competitors are growing faster. At the end of 2019, Amazon accounted for 32.3% of the market and revenue of $ 34.6 billion, which is 36% higher than a year ago.

Following Microsoft ended the year with sales of services for the launch of cloud infrastructure at $ 18.1 billion (16.9% of the total market) and 63.9% growth in such revenues. The highest dynamics, measured at 87.8%, in 2019 was demonstrated by Google , which closed the top three. Google's market share was 5.8%, not much more than its closest pursuer, Alibaba (4.9%).

Amazon's investment in new enterprise sales and marketing resources, coupled with the general availability of AWS offices and the launch of AWS Outposts and AWS Local Zones, helped drive the company's rise in the cloud market.

Microsoft Azure grew at a faster pace this quarter as the division gained momentum in the corporate sector and capitalized on its extensive channel coverage. As support for its products ends, Microsoft encourages its partners and customers to move their Windows Server 2008 workloads to the Azure cloud.

Google Cloud continues to make strides in attracting new business customers and developing partner networks. In 2019, the company greatly expanded its sales team and brought in partners to its organization to optimize its cloud business.