AWS reported a revenue of $45 billion in 2020, which is 30% more than the revenue announced in 2019. The financial results for the entire 2020 year have exceeded the company’s expectations.

AWS Market ShareĪccording to Canalys, Amazon is an IaaS market leader, holding 31% of the cloud market share. It is one of the first cloud computing platforms that became widely available. In the following Google Trends chart, you can compare the search popularity of the cloud providers in Google Search.Ī subsidiary of Amazon and founded in 2006, AWS is a leader amongst cloud service providers. The top 7 cloud market leaders are: AWS, Microsoft Azure, Google Cloud, Alibaba Cloud, Oracle, IBM, and Tencent Cloud. This article will look at the strengths and weaknesses of the top cloud infrastructure and platform leaders that are identified by Gartner. Yet, some smaller companies are in the process of migration to the cloud and are looking for the best cloud provider to migrate to. Many big companies have already adopted cloud solutions and have a broad range of IaaS and PaaS workloads, including application deployments in the cloud. Overall, the cloud market leaders provide an extensive range of solutions for different use cases by fulfilling the needs of high performance, availability, security and support.

Smaller cloud services providers are primarily utilized in scenarios that require tailored support for legacy services, or have particular location requirements that the cloud giants cannot fulfill. The worldwide cloud market is dominated by four cloud service providers: Alibaba in China and Asia-Pacific, and AWS, Microsoft, and Google in other countries.

Tabular summary of migration solutions offered by the top 7 cloud providers.

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