The overall cloud infrastructure services market — IaaS, PaaS, and hosted private cloud — grew 29% worldwide to $54.7 billion in the second quarter despite deteriorating economic conditions and the impact of the strengthening U.S. dollar on foreign currency exchange rates, according to a new Synergy Research report released Thursday. Excluding the effect of those rates, the cloud market grew approximately 35%—that from Protocol.
AWS and rivals Microsoft and Google combined for a 65% share of the worldwide cloud infrastructure market in the quarter, up from 61% in the same period last year.
If your business is the economy of one, that continued growth in the cloud seems a fantastic focus area. In the US, you have one of three choices – AWS, Microsoft, and Google – and I suspect it’s just AWS and Microsoft when it comes down to it. This would be my big bet, too – particularly leveraging the work layer on top.
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