{"id":41499,"date":"2020-11-02T09:59:25","date_gmt":"2020-11-02T09:59:25","guid":{"rendered":"http:\/\/icloud.pe\/blog\/?guid=70dba5493f6a4a7265212cd4f794c316"},"modified":"2020-11-02T09:59:25","modified_gmt":"2020-11-02T09:59:25","slug":"cloud-infrastructure-spending-surges-33-in-q3","status":"publish","type":"post","link":"https:\/\/icloud.pe\/blog\/cloud-infrastructure-spending-surges-33-in-q3\/","title":{"rendered":"Cloud infrastructure spending surges 33% in Q3"},"content":{"rendered":"


\n Rene Millman<\/a><\/span>
\n <\/span><\/p>\n

\n
\n
2 Nov, 2020<\/span><\/div>\n<\/p><\/div>\n<\/div>\n

\n<\/a><\/p>\n

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Enterprise spending on cloud infrastructure services in the third quarter of this year increased by 33% to $33 billion, according to new research from an analyst firm.<\/p>\n

Figures from Synergy Research Group<\/a> showed that the year-on-year growth rate for Q3 was higher than the 32% growth seen in the previous quarter. This, said analysts, demonstrated the health of the market.<\/p>\n

<\/p>\n

\nThe research found that Amazon and Microsoft continue to account for over half of the global market, with Amazon’s market share staying at around 33%, while Microsoft’s share was over 18%.<\/p>\n

Google<\/a>, Alibaba and Tencent are all growing quicker than the overall market and are increasing market share, Synergy said. Together they account for 17% of the market.<\/p>\n

The other cloud providers in the top ten rankings include IBM<\/a>, Salesforce, Oracle, NTT and SAP. In aggregate, the top ten providers account for 80% of the worldwide market, with the remaining 20% coming from a range of small cloud providers or large companies with only a small position in the market.<\/p>\n

“While we were fully expecting continued robust growth in the market, the scale of the growth in Q3 was a little surprising,” said John Dinsdale, chief analyst at Synergy Research Group. “Total revenues were up by $2.5 billion from the previous quarter causing the year-on-year growth rate to nudge upwards, which is unusual for such a large market.”<\/p>\n

He added that companies competing for a share of the market have settled into three camps: “Amazon and Microsoft are in a league of their own, while others are either aggressively seeking to grow their position in the market or are more focused on specific services, geographies or customer groupings,” he added.<\/p>\n

With most of the major cloud providers having now released their earnings data for Q3, Synergy estimates that quarterly cloud infrastructure service revenues (including IaaS<\/a>, PaaS and hosted private cloud services) were $32.8 billion, with trailing twelve-month revenues reaching $119 billion.<\/p>\n

The research firm also found that Public IaaS and PaaS services account for the bulk of the market and those grew by 35% in Q3.<\/p>\n

The dominance of the major cloud providers is even more distinct in public cloud, where the top five control almost 80% of the market. Analysts said that the cloud market continues to grow strongly in all regions of the world. <\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

Rene Millman<\/p>\n

2 Nov, 2020 <\/p>\n

Enterprise spending on cloud infrastructure services in the third quarter of this year increased by 33% to $33 billion, according to new research from an analyst firm.
\nFigures from Synergy Resear…<\/p>\n","protected":false},"author":417,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-41499","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/41499","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/users\/417"}],"replies":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/comments?post=41499"}],"version-history":[{"count":2,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/41499\/revisions"}],"predecessor-version":[{"id":41545,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/41499\/revisions\/41545"}],"wp:attachment":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/media?parent=41499"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/categories?post=41499"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/tags?post=41499"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}