A new report from International Data Corporation (IDC) found that the global market for public cloud services, including Infrastructure-as-a-Service (IaaS), Systems Infrastructure Software-as-a-Service (SISaaS), and Platform-as -a-Service, Available (PaaS) and Software-as-a-Service (SaaS) grew 24.1% year over year in 2020 for $ 312 billion in revenue.
AWS, Microsoft, Google, and others are seeing explosive growth in the public cloud
The combined revenue of the top five public cloud service providers – Amazon Web Services, Microsoft, Salesforce.com, Google, and Oracle – accounted for 38% of total global revenue and grew 32% year over year, according to the top five providers, the report said . Microsoft and AWS share the top position in the market for public cloud services with a share of sales of 12.8%. This is thanks in part to these companies’ growing portfolio of SaaS and SISaaS offerings, the report showed.
In the combined IaaS, SISaaS and PaaS market, the top 5 companies are …