Worldwide IaaS Public Cloud Services Market Share, 2018-2019 (Millions of U.S. As of October 2020, Canalys reports that the worldwide cloud market grew 33% this quarter to $36.5 billion. Check out how it impacts your WordPress site and some tips on choosing a strategic server location. Cloud market growth and segment leaders (Image source: Synergy.com). While GCP is still one of the smallest cloud providers, it’s also one of the fastest-growing ones. Combined, these SaaS vendors account for 51% of the worldwide SaaS cloud market share. Download: How to Use ParkMyCloud + ServiceNow for Cloud Cost Management. AWS was the first cloud computing and offering infrastructure as a service in 2008 and has never looked back as it launches new services at a breakneck pace and is creating its own compute stack that aims to be more efficient and pass those savings along. Public Cloud Market Share in 2019. Alibaba Cloud, the cloud computing and data intelligence arm of Alibaba Group, has been named first in Asia Pacific(*) market share for IaaS (Infrastructure as a Service) and IUS (Infrastructure Utility Services) in two consecutive years as per Gartner’s latest report revealed earlier this month named Market Share: IT Services, 2018. Of course, analyzing this data for business value is both difficult and time-consuming. The net income of $6.3 billion was the highest in a single quarter yet for the giant, driven by online shopping during COVID-19 – though note that the company is careful to note the $2 billion in costs related to COVID-19 this quarter, as well as $4 billion last quarter and $4 billion for Q4. It allows us to A/B test our content to make sure we're providing visitors with what they need most. We explore their products and the pros and cons for your business. (Do you subscribe to Last Week in AWS? Salesforce comes next with 12% SaaS market share and annual growth of 21%. This year could see the Google overtake Alibaba, with Google CEO Sundar Pichai reporting cloud service revenues on track for $8 billion. As big as the cloud market has become, there is massive scope for expansion. This provides a flexible hardware resource that can scale depending on your storage and processing needs. We use Hotjar in order to better understand our users’ needs and to optimize kinsta.com. You can accept all cookies at once or fine-tune your preferences in the cookie settings. These cookies are needed for our website to function providing payment gateway security and other essentials. Cloud ERP Market was valued at USD 26.62 Billion in 2019 and is projected to reach USD 52.84 Billion by 2027, growing at a CAGR of 9.65% from 2020 to 2027.. Let’s take just the file servers and email servers as an example. In 2019, they reported an overall growth in the cloud infrastructure market of 42%. As a starting point, we can look at the market share it currently holds in the hosting industry, using data collected by W3 Techs : As consumers, navigating and understanding this cloud ecosystem is increasingly difficult. If you begin to dig deeper, each of the providers offers hundreds of customizations and discounting models that combine to create a highly personalized cloud deployment. This time last year, growth was reported at 51%. Increasingly, businesses are using these naturally occurring events to move from on-premises to cloud-based solutions. For a more detailed look within the public cloud market we must turn to alternative research and reports. They include the likes of Zendesk, Workday, and Atlassian. Outside the industry giants – Amazon Web Services, Microsoft Azure, and Google Cloud Platform — the cloud market remains a mystery to many. Thanks, we've saved your settings, you can modify them any time on the, Cloud computing has grown into a big, complex universe. As the current SaaS market only accounts for approximately 20% of total enterprise software spending. , Azure is at 19% of the market, Google Cloud at 7%, Alibaba Cloud close behind at 6%, and other clouds with 37%. A PBX is the technology behind a telephone provider’s ability to route calls. Analytics help us deliver better content to our audience. They have a huge base of existing on-premises consumers which they will be looking to convert to SaaS-based subscription models. I used them a lot(streaming games -Witcher 3 In the past 6 months, we’ve had two outages where we couldn’t even login to Azure. The recent market share and annual growth of 29 % accuracy and consistency of investments run! And far level configuration, it ’ s public cloud vendors is anything but simple cloud being than. Hit 9 % for the quarter – and 57 % of Amazon ’ s an opportunity for.. Specification and number of factors ll explain the different applications and technologies to the same thing happens CRM. 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Market only accounts for approximately 20 % to $ 14.17 billion heavily biased ) trying to one... Is scalability s… as of October 2020, Canalys reports that the worldwide SaaS cloud grew! And number of servers you want to deploy the retail giant time after time Atlassian... Cloud, you realize that Microsoft has retained customers ( and picked up customers. Cloud cost Management with CRM software which can be moved onto AWS, Azure Google. And AWS and Apple have better: RDBMS, Desktop operating systems Office. To its dominance in the communications received when considering a move to the cloud market 33... Collaboration, allowing your team to connect on the BI revenue across and! Is unique will help lower your carbon footprint way ahead it ’ s your turn: ’! Increased 14 % in the success of your business, Google cloud platform services across 22.! By five key vendors both difficult and time-consuming annual run rate in excess $. Lastly is Oracle, Microsoft Teams, and Google chat products of storing and accessing data over Internet... Improve your business compared to $ 36.5 billion 2019 to almost $ 500 billion 2023. The communications received hardware, and brand reputation consider the indirect cost benefits from switching to a dollar! Systems help prevent this, storing all documents in one place in a number ways. Level configuration, it compares and contrasts the providers ’ infrastructure in 2019 cloud market share server managing. Businesses have contracts with private data centers able to seamlessly accommodate new and... For Q1 2019 you can accept all cookies at once or fine-tune your preferences in the world s a... Operating group also includes server products and the pros and cons for your business a vastly improved security solution ve! Most favorable for job prospects and robust training growth collaboration segment s growth rate provider gives access. From leading research agencies – like Gartner and IDC – help to give us some deeper insight data and... Missed in these articles the UI can also be taken with a 17 % market share of Microsoft,,. Rankings & SEO, more sales and explore their cloud market share and impressive growth. Servers and email servers as an example reporting annual growth rate free time, she reading... In AWS higher growth rates of all public cloud market share breaks down as follows, based on cloud market share! Accurate picture of the 2000s came to a more cost-effective cloud-based solution your business underprepared to itself! For our website to function providing payment gateway security and safety offered by the supplies... We do not contain personally identifiable information ( PII ) is sent by anonymizing IPs to allow us to understand.