Cloud infrastructure market grows 45% in 2017
The worldwide cloud infrastructure services market grew 46% year on year in the fourth quarter (Q4) 2017 to reach $16 billion. This brought 2017’s full-year growth to 45%, according to Canalys (www.canalys.com).
Amazon Web Services (AWS) remained the leading vendor for the quarter, accounting for 32% of the total worldwide market, notes the research group. Microsoft, Google and IBM also held their positions among the largest global cloud service providers, representing 14%, 8% and 4% of the market respectively.
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