Top 5 Cloud Market-Share Leaders: AWS, Microsoft, Google In Q3 2022
Here’s a breakdown of the top five cloud services market-share leaders for the third quarter of 2022 with AWS, Microsoft and Google combining for 66 percent share of the global cloud infrastructure services market.
No. 1: Amazon Web Services
Q3 2022 Market Share: 34 Percent
Q2 2022 Market Share: 34 Percent
Q3 2021 Market Share: 33 Percent
The longtime dominant leader in cloud services continued its reign in third-quarter 2022 by capturing 34 percent market share, up from 33 percent share one year ago.
AWS reported third-quarter 2022 sales hit $20.5 billion, up 27 percent year over year, representing the company’s lowest sales growth rate in years. For instance, in second quarter 2022, AWS increased revenue by 33 percent year over year.
Seattle-based AWS reported operating income of $5.4 billion during its third quarter.