ADVERTISEMENT
TechEconomy
Sunday, June 1, 2025
No Result
View All Result
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS
No Result
View All Result
Tech | Business | Economy
No Result
View All Result
Podcast

Home » Cloud Infrastructure Services: Amazon Leads, Google and Microsoft Follow

Cloud Infrastructure Services: Amazon Leads, Google and Microsoft Follow

Joan Aimuengheuwa by Joan Aimuengheuwa
August 8, 2022
in News
0

RelatedPosts

Interswitch partners with PKB

Interswitch, PKB to Boost Lagos Smart Health Information Platform

May 31, 2025

NCC Boosts Telemedicine in Nigeria, Commissions Ondo e-Health Project

May 30, 2025

In the second quarter of 2022, Amazon’s global market share in cloud infrastructure services reached 34%, sitting as the highest among companies in the sector.

This, according to Synergy Research Group, including the enterprise spending on cloud infrastructure services which was $55 billion in the same quarter, was despite the challenges in the currency markets and the strengthened US dollar having a 29% growth from last year.

Cloud Infrastructure Services: Amazon Leads, Google and Microsoft Follow
Advertisements
MTN ADS
Source: Synergy Research Group

Amazon, Microsoft and Google had a combined worldwide market share of 65%; this was 4% higher than last year’s second quarter.

According to the report, all other cloud providers had aggregate revenue growth of over 150% since 2018, but their collective market share increased from 49% to 35%, far less than that of Amazon, Microsoft and Google combined.

In Statista’s research, it was found that the global cloud infrastructure industry had a market worth of $200 billion by the end of Q1 ‘22. Amazon, as well as Microsoft, accounted for over half of the revenues, “with the eight largest providers controlling more than 80% of the market”.

Cloud Infrastructure Services: Amazon Leads, Google and Microsoft Follow
Source: Statista

John Dinsdale, Chief Analyst at Synergy Research Group said:  “As the cloud market continues to surge, the biggest story in Q2 was all about macroeconomics rather than actual cloud usage. When country market numbers are aggregated in US dollars, the yearly growth rate dropped by over six percentage points due to foreign exchange movements, with over half of that reduction being accounted for in Q2 alone.”

“As evidenced by this week’s earnings calls, global cloud providers are certainly not immune from the impact of ongoing shifts in exchange rates. However, the fact remains that the underlying growth in cloud usage continues to grow at truly impressive rates. This has caused a clear acceleration in both the launch of new hyperscale data centres and the level of spending on data centre hardware and software. Our forecasts show continued strong growth in all key cloud market metrics.”

Loading

Author

  • Joan Aimuengheuwa
    Joan Aimuengheuwa

    Joan thrives at helping individuals and businesses scale via storytelling...

    View all posts
0Shares
Tags: amazonCloud Infrastructure ServicesgoogleJohn DinsdaleMicrosoft
Previous Post

Bluechip Launches in Europe Following Successful Pan-African Expansion

Next Post

Tizeti Targets Pan-African Expansion with New Products to Achieve 100% Broadband Access, Explores Public Offering

Joan Aimuengheuwa

Joan Aimuengheuwa

Joan thrives at helping individuals and businesses scale via storytelling...

Related Posts

Interswitch partners with PKB
News

Interswitch, PKB to Boost Lagos Smart Health Information Platform

by Destiny Eseaga
May 31, 2025
0

As part of efforts to boost the Lagos Smart Health Information Platform (SHIP) initiative, Interswitch's Digital Health Platform (DHP) has...

Read more
Aminu Maida | NCC } Telecoms Tariff adjustment | USPF | e-Health Project

NCC Boosts Telemedicine in Nigeria, Commissions Ondo e-Health Project

May 30, 2025
UK Minister for Africa in Nigeria

PARTNERSHIP: UK Minister for Africa Lord Collins Visits Nigeria

May 30, 2025
Glo Digital Village | Huawei

Glo, Huawei partnership Bring FG’s Digital Village Project to Live

May 30, 2025
Essential cybersecurity measures for Nigerian SMBs

Essential cybersecurity measures for Nigerian SMBs

May 30, 2025
ConNovate 2025

ConNovate 2025: Nigeria Computer Society Selects Kano as Host State for its 19th Int’l Conference

May 30, 2025
Next Post

Tizeti Targets Pan-African Expansion with New Products to Achieve 100% Broadband Access, Explores Public Offering

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Techeconomy Podcast

Techeconomy Podcast
Techeconomy Podcast

Infowave is brought to you by TechEconomy. Every week we will bring new stories from startups and influencers who are shaping and changing the world we live in. We’ll also bring you reports on topics you should know.

Follow us @techeconomyng for more.

TECH TALK EPISODE 2
byTecheconomy

PRODUCTIVITY AND WORK-Life Balance

TECH TALK EPISODE 2
TECH TALK EPISODE 2
May 22, 2025
Techeconomy
CYBERSECURITY ESSENTIALS
April 24, 2025
Techeconomy
Digital Marketing Trends and strategies for 2025 and beyond
February 27, 2025
Techeconomy
Major Lesson for Techies in 2024 and Projections for 2025
December 6, 2024
Techeconomy
Major Lessons for Techies in an AI-Driven World | Techeconomy Business Series Highlights
November 26, 2024
Techeconomy
Maximizing Profitability Through Seasonal Sales: Strategies For Success
November 8, 2024
Techeconomy
Techeconomy Business Series
October 15, 2024
Techeconomy
PRIVACY IN THE ERA OF AI: GETTING YOUR BUSINESS READY
May 30, 2024
Techeconomy
Unravel the Secrets of Marketing Everywhere All At Once with Isaac Akanni from Infobip | Infowave Podcast Episode 1
February 9, 2024
Techeconomy
The Role of Ed-tech in Life Long Learning and Continuous Education
October 19, 2023
Techeconomy
Search Results placeholder

WHAT IS TRENDING

https://www.youtube.com/watch?v=g_MCUwS2woc&list=PL6bbK-xx1KbIgX-IzYdqISXq1pUsuA4dz

Follow Us

  • About Us
  • Contact Us
  • Careers
  • Privacy Policy

© 2025 Techeconomy - Designed by Opimedia.

No Result
View All Result
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS

© 2025 Techeconomy - Designed by Opimedia.

Translate »
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.