Amazon Web Services

Why You Should Watch: Amazon is the biggest spender on new data centers on the planet.

Amazon Web Services will continue to invest billions on expanding on its global data center footprint in 2022 as its cloud business continues to climb. For its most recent third fiscal quarter, Amazon reported AWS sales were up 39 percent year over year to $16.1 billion.

The Seattle-based public cloud titan has been the largest spender on data centers in the world for the past several years, according to IT market research firm Synergy Research Group. AWS spends billions each quarter on equipping and building massive hyperscale data centers.

For example, AWS recently unveiled plans to open a new data center campus in New Zealand by 2024 that will consist of three availability zones. Globally, AWS has 81 data center availability zones across 25 regions with plans to launch 24 more availability zones and eight more AWS regions in the future.

With cloud adoption and revenue continuing to accelerate at such a rapid pace, AWS shows no signs of slowing down its data center charge in 2022.