Microsoft, AWS, Google Cloud Market Share Q3 2023 Results
Here are AWS, IBM, Alibaba, Microsoft and Google Cloud’s global cloud market share numbers, according to new data from Synergy Research Group.
No. 1: Amazon (AWS)
Q3 2023 Market Share: 32 Percent
Q2 2023 Market Share: 32 Percent
Q3 2022 Market Share: 34 Percent
The world’s longtime dominant cloud market share leader won 32 percent share of the global cloud infrastructure services market in Q3 2023 to win the gold medal. AWS share has hovered between 32 percent share and 34 percent share over the past several years.
However, it is key to note that AWS sales growth rate has been lower than Microsoft and Google Cloud as of late. In Q3 2023, AWS generated $23.1 billion in revenue, representing a 12 percent growth rate year over year.
AWS generated operating income of $7 billion in Q3 2023, compared to $5.4 billion year over year. The cloud company is Amazon’s most profitable business.