AWS leads $42 bn global Cloud services market in Q1, Microsoft follows

Amazon Web Services (AWS) was the leading cloud service provider with 32 per cent market share in Q1 2021, as cloud infrastructure services spending grew 35 per cent to $41.8 billion in the first quarter, according to a new report.

Microsoft Azure grew 50 per cent for the third consecutive quarter, taking 19 per cent market share in Q1 2021.

Google Cloud maintained its momentum, growing 56 per cent in the latest quarter to account for a 7 per cent market share, according to the report by market research firm Canalys.

The trend of using cloud services for data analytics and machine learning, data center consolidation, application migration, cloud native development and service delivery continued at pace.