added up some numbers and divided by ther collective shoe size and decided that the infrastructure as a service (IaaS) market grew by 31.3 per cent in 2018.
This figure has risen from $24.7 billion in 2017 to $32.4 billion.
Amazon continued to lead from the front last year, retaining its status as the number one vendor in the IaaS market, followed by Microsoft, Alibaba, Google and IBM.
In fact, the top five vendors increased their collective dominance, accounting for almost 77 percent of the worldwide market compared to less than 73 percent in 2017.
Gartner Veep Sid Nag said that despite strong growth across the board, the cloud market’s consolidation favours the large and dominant providers, with smaller and niche providers losing share.
“This is an indication that scalability matters when it comes to the public cloud IaaS business.Only those providers who invest capital expenditure in building out data centres at scale across multiple regions will succeed and continue to capture market share. Offering rich feature functionality across the cloud technology stack will be the ticket to success, as well.”
Gartner added that market consolidation will continue through 2019, driven by the continued high rate of growth for the top providers. From 2017 to 2018, these big-name vendors experienced aggregate growth of 39 percent compared with 11 percent for all other providers for the period.
“Consolidation will occur as organisations and developers look for standardised, broadly supported platforms for developing and hosting cloud applications”, Nag said.
