Top Cloud Market Leaders: AWS, Microsoft, Google Lead Q2 2022

Here’s where the top five global cloud market leaders rank, including Amazon, Alibaba, Google, IBM, and Microsoft.

Top 5 Cloud Market Leaders

Spending on cloud infrastructure services reached nearly $55 billion in the second quarter of 2022 with Amazon Web Services, Microsoft Azure and Google Cloud leading the way.

Each of the big three cloud hyperscalers grew its global cloud services market share year-on-year in the second quarter of 2022, according to new data from IT market research firm Synergy Research Group.

“While there has been a lot of talk in some circles about the impact of global economic and political issues on business performance, the fact is the cloud market remains healthy,” said analyst John Dinsdale. chief at Synergy Research Group, in an email to CRN.

[Related: Google Cloud Hires Former Nutanix, VMware, Pure Storage Exec]

The global cloud infrastructure services market, which includes platform as a service (PaaS), infrastructure as a service (IaaS), and hosted private cloud services, reached $54.7 billion in the second quarter of 2022, with 12-month revenue reaching $205 billion, according to Synergy Research Group.

The $54.7 billion represents growth of 29% from the second quarter of 2021.

Amazon, Microsoft and Google hold 65% share

Amazon, Microsoft and Google together accounted for 65% of the global cloud services market share in the second quarter of 2022, up from 61% year-over-year.

“Amazon had a particularly strong quarter and increased its global market share by one percentage point. Google also increased its market share,” Dinsdale said.

If exchange rates had remained constant over the past year, Synergy said the cloud growth rate would have been about 6 percentage points higher.

After the big three, China’s largest cloud provider, Alibaba, ranked fourth in cloud market share in the second quarter of 2022, followed by IBM and Kyndryl.

Salesforce and Tencent are tied for sixth place with 3% market share, followed by Oracle at 2% share.

Other major vendors that won about 1% market share include Baidu, China Telecom, China Unicom, Huawei, Fujitsu, NTT, Snowflake, SAP, and Rackspace.

CRN breaks down Synergy’s market share data for the top five cloud providers globally for the second quarter of 2022, as well as the company’s market share for the second quarters of 2021 and 2020.

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