Dominating the Cloud Service Provider (CSP) market are three hyperscalers: Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform (GCP). They consume an impressive 34%, 21%, and 10% respectively of the global cloud infrastructure market (as at June 2022), which is worth a staggering $203 billion.
Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform (GCP) are the cloud service providers with the largest market share, collectively capturing over 65% of spending on cloud infrastructure services.