Cloud services grow 31% in 2018, Amazon top vendor again: Report

Stanford (USA): The global infrastructure as a service (IaaS) market grew by 31.3 per cent in 2018 to $32.4 billion, up from $24.7 billion in 2017, with Amazon again emerging as the top vendor, followed by Microsoft, Alibaba, Google and IBM, a new report by Gartner Inc said on Tuesday.
“Despite strong growth across the board, the Cloud market’s consolidation favours large and dominant providers, with smaller and niche providers losing share,” Sid Nag, Research Vice-President at Gartner, said in a statement.
“It’s is an indication that scalability matters when it comes to the public Cloud IaaS business. Only those providers who invest in building data centres at scale across multiple regions will succeed and continue to garner the market share. Offering rich feature functionality across the Cloud technology stack will be the ticket to success, as well,” it said.