Vendor share from the public cloud services IaaS market worldwide 2015-2023

In 2023, Amazon generated around 55 billion U.S. dollars from the sale of infrastructure as a service (IaaS), giving it a market share of approximately 39 percent, more than the next three largest vendors in the market combined. Microsoft's growth in 2020 was driven by the global healthcare crisis that disrupted workplace environments and increased the demand for Microsoft's cloud products and solutions. In 2023, almost all IaaS providers exhibited growth, while the leading five providers accounted for over 80 percent of the market.