The latest information on the state of the cloud market backs up previous information. Last month Canalys showed that all leading cloud providers are enjoying market growth in terms of users and revenue. I do not necessarily agree with the general narrative that Azure is catching AWS, or that Google is catching Azure. Still, it is clear from Gartner’s latest data that all companies are doing well within their own right. The overall market for Worldwide Infrastructure as a Service (IaaS) grew 29.5 percent in 2017. Overall revenue grew from $18.2 billion in 2016 to $23.5 billion last year. Gartner says cloud adoption is happening more quickly and by 2025, 80 percent of organizations will have shut their traditional datacenters. This suggests over the next seven years cloud adoption will skyrocket and become the norm as the current figure is at 10 percent. A name we do not often discuss in the cloud market is Alibaba. The Chinese company is actually the third-place vendor for cloud infrastructure. Along with AWS (1st), Microsoft (2nd), Alibaba and Google (4th) represent 73 percent of the total IaaS market.
Growth
