Cloud continues to grow – IaaS alone – $45 billion in total revenues

Global Cloud IaaS worth $45 Billion in 2019 Oracle of Gartner. Add in PaaS, SaaS…..AWS way out in front.

“….new data from Gartner has argued the global market was worth $44.5 billion last year, with the hyperscalers further entrenching their positions.

The analyst firm said in a note the worldwide IaaS market grew 37.7% in 2019, with the top five players accounting for 80% of the market, up from 77% the year before.

Amazon Web Services (AWS) remained top of the shop as of the end of 2019, with Gartner estimating a 45% market share – albeit this is slightly reduced from 47.9% in 2018. Microsoft retains second place in Gartner’s figures with an improved market share of 17.9%. Alibaba Cloud is third in the ranking with 9.1% share, ahead of Google Cloud (5.3%) and Tencent (2.8%).

Google Cloud, however, saw the largest growth of the hyperscalers over the past 12 months, at 80.1%, compared with Microsoft (57.8%) and AWS (29.0%). Alibaba and Tecent saw growth of 62.4% and 101.5% respectively.”

With Cloud Security a Perennial top 3 concern. 27% of IT Security budgets allocated for Cloud. Probably not enough for Security in same. Security configs will differ significantly by platform/by app.

“….security barriers to cloud adoption, survey respondents cited a lack of qualified staff, budget constraints, data privacy issues and a lack of integration with existing, on-premise security tools. In fact, an overwhelming majority of 82% said that traditional security solutions either did not work at all or were only capable of providing limited functionality in public cloud environments. This was a rise of over 15% compared to the 2019 edition of the report, most likely highlighting the increased amount of cloud adoption in the past 12 months. “

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