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. 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