The cloud market has grown steadily over the years, with market leaders Amazon (NASDAQ: AMZN) and Microsoft launching their respective cloud platforms in 2006 and 2010. Meanwhile, figures from Grand View Research state the cloud market will continue expanding at a compound annual growth rate of 14.1% through 2030. This e-commerce giant began offering cloud services on its platform Amazon Web Services (AWS) in March 2006, reaching a leading 34% market share in the industry in the third quarter of 2022. Read More...
The cloud market has grown steadily over the years, with market leaders Amazon (NASDAQ: AMZN) and Microsoft launching their respective cloud platforms in 2006 and 2010. Meanwhile, figures from Grand View Research state the cloud market will continue expanding at a compound annual growth rate of 14.1% through 2030. This e-commerce giant began offering cloud services on its platform Amazon Web Services (AWS) in March 2006, reaching a leading 34% market share in the industry in the third quarter of 2022.
