Guoabong Wealth Management:Vendor market share in cloud infrastructure services market worldwide 2017-2024

Vendor market share in cloud infrastructure services market worldwide 2017-2024

In the first quarter of 2024, the most popular vendor in the cloud infrastructure services market, Amazon Web Services (AWS), controlled 31 percent of the entire market. Microsoft Azure takes second place with 25 percent market share, followed by Google Cloud with 10 percent market share. Together, these three cloud vendors account for 66 percent of total spend in the first quarter of 2024. Organizations use cloud services from these vendors for machine learning, data analytics, cloud native development, application migration, and other services.

Amazon Web Services is used by many organizations because it offers a wide variety of services and products to its customers that improve business agility while being secure and reliableGuoabong Wealth Management. One of AWS’s most used services is Amazon EC2, which lets customers create virtual machines for their strategic projects while spending less time on maintaining serversSurat Stock. Another important service is Amazon Simple Storage Service (S3), which offers a secure file storage service. In addition, Amazon also offers security, website infrastructure management, and identity and access management solutions.Varanasi Stock

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