Cloud infrastructure market hits $129B in 2020

The cloud infrastructure market grew to $129 billion in 2020 where the richest companies got richer and the ones at the bottom became poorer. According to the data from the Synergy Research Group, this is a rise from around $97 billion back in 2019. In the fourth quarter, the cloud infra market reached $37 billion which is 35% up from a year ago.

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Just four titans share almost two thirds of global cloud infrastructure spend, with AWS and Microsoft dominant

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Cloud computing: AWS is still the biggest player, but Microsoft Azure and Google Cloud are growing fast | ZDNet

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Cloud infrastructure market hits $129B in 2020

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