AWS Vs. Microsoft Vs. Google Cloud Q3 2022 Earnings Face-Off
CRN breaks down total revenue, profits, sales growth and current market share standings from Google Cloud, AWS and Microsoft for third quarter 2022.
Q3 2022 Cloud Services Market Share
AWS: 34 Percent
Microsoft: 21 Percent
Google: 11 Percent
AWS is continuing its reign as the global market share leader in cloud services, according to third quarter 2022 data from market research firm Synergy Research Group.
AWS won 34 percent share of the worldwide cloud services market share in third quarter 2022, up from 33 percent share one year ago.
Microsoft captured 21 percent share of the global cloud services market in third- quarter 2022, up from 20 percent share year over year.
Google Cloud won 11 percent share of the worldwide cloud market, up from 10 percent share in third-quarter 2021.
Worldwide enterprise spending on cloud infrastructure services reached $57.5 billion in the third quarter of 2022, representing a 24 increase in year-over-year revenue growth, according to Synergy Research Group.
AWS, Microsoft and Google combined for 66 percent share of the total $57.5 billion cloud services market.
“Beyond these three, all other cloud providers, in aggregate, have been losing around 3 percentage points of market share per year but are still seeing strong double-digit revenue growth,” said John Dinsdale, a chief analyst at Synergy Research Group.
Synergy’s research includes worldwide cloud spending on Infrastructure as-a-Service (IaaS), Platform as-a-Service (PaaS) and hosted private cloud services.