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The global cloud market jumped 46% in Q4 (AMZN, GOOGL, MSFT, IBM)
The global cloud infrastructure services market grew 46% YoY during Q4 2017 to hit $16 billion
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- Amazon Web Services (AWS) continued to lead the market, grabbing 32% of the global cloud infrastructure services market.
- However, the company’s share fell by 2 percentage points in Q4 from Q2 2017.
- Microsoft’s cloud business is closing the gap with AWS.
- Microsoft Azure’s share jumped to 14% from 11% in Q2 2017.
- Alphabet’s cloud business trails behind Amazon’s and Microsoft’s, but is slowly inching up.
- Alphabet’s Google Cloud Platform (GCP) accounted for 8% of the global cloud market in Q4, up from 5% in Q2 2017.
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