It was recently reported that the cloud infrastructure market grew by 37% to reach £131 billion in 2021.
Indeed, a recent study by Synergy Research showed that cloud enterprises have continued to grow at impressive rates, which indicates the value and attractiveness of cloud services of the 2021 market. Many organizations are then spending twice as much on cloud services as they spend on their own data centers.
The leading cloud provider remains Amazon Web Services, which is still growing faster than the market at 39% for the quarter. Microsoft and Google have also experienced growth rates of 45%. All three control 71% of the cloud market.
