cloud computing

In 2020, the service revenue of cloud service infrastructure will be 129 billion US dollars From SRG

The following is the In 2020, the service revenue of cloud service infrastructure will be 129 billion US dollars From SRG recommended by recordtrend.com. And this article belongs to the classification: cloud computing.

According to the latest data from synergy research group, in the fourth quarter, enterprises spent slightly more than $37 billion on cloud infrastructure services, an increase of $4 billion over the previous quarter and 35% over the fourth quarter of 2019. It is worth noting that this is the second consecutive quarter of year-on-year growth. This is unusual for such a large market. In just nine quarters, the size of the cloud infrastructure services market has doubled.

Although Amazon and Microsoft continue to occupy more than half of the global market share, Microsoft has once again gained a firm foothold in the larger competition, achieving a milestone of 20% of the global market share. In the past four years, Microsoft, Google and Alibaba have steadily increased their market share, but not at the expense of Amazon, the market leader. During these four years, Amazon’s market share has been maintained at 32% – 34%. It is a group of smaller cloud service providers that have lost market share. In the past 16 quarters, small-scale providers have lost a total of 13 percentage points of market share, most notably IBM, salesforce, Tencent, Oracle, NTT, Baidu, sap, Fujitsu and Rackspace.

Currently, most of the major cloud service providers have released fourth quarter earnings data. SRG estimates that revenue from cloud infrastructure services (including IAAs, PAAS and managed private cloud services) reached $37.1 billion in the fourth quarter and $129 billion in 2020. Public IAAs and PAAS services accounted for the majority of the market, up 36% in the fourth quarter. The dominant position of major cloud providers is more obvious in the public cloud market, with the top five suppliers controlling 80% of the market share. Geographically, the cloud market continues to grow strongly in all regions of the world.

Read more: SRG: in Q2 of 2020, cloud service revenue in Asia Pacific region will exceed 9 billion US dollars SRG: in Q1 of 2020, global cloud service expenditure will increase by 37% year on year SRG: in the first half of 2020, global cloud service revenue will reach 187 billion US dollars SRG: in Q1 of 2014, Amazon’s cloud service will increase by 67% year on year Microsoft’s second market share SRG: the number of global large data centers will be close to 600 in 2020 SRG: the expenditure on hardware and software of data centers will exceed 150 billion US dollars in 2019 SRG: China will account for 1 / 3 of the public cloud market in the Asia Pacific region SRG: the expenditure on public cloud infrastructure will increase by 25% in the second quarter of 2020 SRG: the number of super large data centers will reach 541 in the first half of 2020 SRG: Q2 video conference facilities in 2020 SRG: the top 25 cities account for 65% of the global hosting market SRG: the global ucaas revenue in Q3 will increase by 30% SRG: the European cloud service expenditure will reach $6 billion in the first quarter of 2020 SRG: the global cloud infrastructure service expenditure will exceed $30 billion in Q2 of 2020

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