The top three cloud service providers benefited from increased adoption and scale, collectively growing 42% year on year and accounting for 62% of global customer spend, according to market research firm Canalys.
“Cloud has continued to be a hot market and transformation strategies are emphasising digital resiliency to face the market challenges of today and tomorrow,” said research analyst Blake Murray.
Microsoft Azure was the second-largest cloud service provider, growing by 46% to take a 21% market share.
Google Cloud was the fastest growing of the top three, increasing by 54% in the latest quarter to account for 8% of the market.
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“As the use cases for cloud infrastructure services expand, so does the potential complexity, and we see that hybrid and multi-cloud deployments are commonplace in the market,” said research analyst Yi Zhang.
“The hyperscalers are investing in rapid channel development and partners are responding as the opportunities grow,” Zhang added.