Global public cloud Q1 revenue cracks $126B
Operator and vendor revenues in the global public cloud market reached US$126 billion during the first quarter of 2022, a year-on-year increase of 26 per cent.
Operator and vendor revenues in the global public cloud market reached US$126 billion during the first quarter of 2022, a year-on-year increase of 26 per cent.
Global spending on cloud infrastructure services grew by 34 per cent to over US$50 billion during the first three months of 2022 to March, multiple research firms claim.
Infrastructure services are spearheading a soaring cloud ecosystem market as global revenue for the first half of 2021 hit US$235 billion.
The Asia Pacific region is set to overtake North America to become the largest regional colocation market by 2022, despite being labelled as “fragmented”.
Operator and vendor revenue for seven market segments for cloud services and infrastructure surpassed US$150 billion in the first half of 2019.
Data from Synergy Research Group shows 52 data centre-related mergers and acquisitions closed in the first half of calendar year 2019.
Microsoft closed the first quarter of 2019 with a worldwide market share of 17 per cent of the enterprise software-as-a-service market.
M&A activity within the data centre market continues to increase at pace, with the number of transactions increasing during 2018.
The number of large data centres operated by hyperscale providers increased by 11 per cent in 2018, spearheaded by AWS, Microsoft, Google and IBM.
The cloud market ecosystem passed the $250 billion mark in 2018, driven by annual growth of 32 per cent according to new findings.
The ethernet switch and router markets have reached an all-time high during the third quarter of 2018, with Cisco dominating industry rivals.
Amazon Web Services continues to dominate the public cloud services market, operating as a “clear” worldwide leader across the world.
Sydney was among just 20 metro areas that accounted for almost 60 per cent of global retail and wholesale colocation revenues last year.
Amazon Web Services and Microsoft have been named the leaders in the IaaS and PaaS segments.
Despite AWS dominance, three main chasing cloud providers claw back ground in the market.