SAN FRANCISCO: Amazon retained the top position in the worldwide infrastructure as a service (IaaS) market which grew 37.3 per cent in 2019 as organisations increased adoption of Public Cloud services, Gartner said on Monday. The worldwide IaaS market revenue reached $44.5 billion, up from $32.4 billion in 2018. Amazon was followed by Microsoft, Alibaba, Google and Tencent in this market.
"Cloud underpins the push to digital business, which remains at the top of CIOs' (chief information officers) agendas," said Sid Nag, research vice president at Gartner. It enables technologies such as the edge, Artificial Intelligence (AI), Machine Learning (ML) and 5G, among others.
"At the end of the day, each of these technologies requires a scalable, elastic and high-capacity infrastructure platform like public Cloud IaaS, which is why the market witnessed strong growth," Nag added.
In 2019, the top five IaaS providers accounted for 80 per cent of the market, up from 77 per cent in 2018. Amazon continued to lead the worldwide IaaS market with an estimated $20 billion of revenue in 2019 and 45 per cent of the total market. Amazon leveraged its No. 1 spot in 2018 to build out its capabilities beyond the IaaS layer in the Cloud stack and maintain its top position in 2019.
Microsoft remained in the No. 2 position in the IaaS market with more than half of its nearly $8 billion in revenue coming from North America. Microsoft's IaaS offering grew 57.8 per cent in 2019, as the company leveraged its sales reach and ability to co-sell its Azure offerings with other Microsoft products and services in order to drive adoption. (IANS)
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