Friday, 24 March, 2023

Cloud infrastructure market grows 39% in Q2 to reach $42B

<p>The cloud infrastructure market rose by 39% in Q2 to reach $42 bn, up to $2 bn from the previous quarter. Amazon (37%) led the market, followed by Microsoft (20%) and Google (10%). Analysts predict that when organisations migrate workloads to the cloud, there will be even greater growth. Smaller businesses are expected to increase even more in the future years. The potential for continued expansion, particularly outside of the US, remains considerable.</p>