AWS Remains Dominant Player in Growing Cloud Market, SRG Reports

Amazon Web Services (AWS) remains the 800-pound gorilla of the cloud infrastructure services space that itself witnessed significant growth in 2018. In fact, a new report from Synergy Research Group found that AWS controlled as much of the $70 billion-per-year market at the end of last year as its next four smaller rivals combined. The SRG data showed that market spend increased 45 percent year over year during the final three months of 2018, with full-year growth hitting 48 percent. Quarterly growth rates for all of 2018 exceeded that of 2017. The overall market hit around $20 billion in sales for Q4, and nearly $70 billion for the year. Public infrastructure-as-a-service (IaaS) and platform-as-a-service (PaaS) accounted for a majority of sales. “Q4 tops off a banner year for the cloud market with the annual growth rate actually nudging up from the previous year, which is an unusual phenomenon for a high-growth market of this scale,” said John Dinsdale, chief analyst at SRG.