Google Cloud retained its position as the third largest cloud service provider with a 7% share. Canalys: China cloud companies quick to help combat coronavirus Canalys estimates that China’s cloud infrastructure services market grew 66.9% in Q4 2019, as total spend reached US$3.3 billion. Chinese tech giant Alibaba Group Holdings had reported its second-quarter earnings above expectations. Amazon being the leader, recorded $11.6 billion … Bengaluru, Nov 29 : Alibaba Cloud remained the leader in the China Cloud services market in Q3 with a 41 per cent market share and continued strong growth. Microsoft Market Cap Vs. Amazon, Alphabet, Alibaba. Alibaba Cloud recorded the fastest growth versus other global cloud service providers in the first half of last year, according to the latest Worldwide Semiannual Public Cloud Services Tracker from market research and advisory firm International Data Corporation (IDC). ... By employing the same Alibaba Cloud Infrastructure-As-A-Service platform as Alipay, TNG Digital was able to harness cloud computing and the latest cloud technologies to enable Malaysians with the power of mobile payments. And, its market share in the Asia Pacific region increased to 28.2% last year, from 26.1% in 2018. Microsoft and Amazon are essentially tied, with market caps of approximately $1.6 trillion. Alibaba Cloud continued to gain traction in the global cloud-infrastructure service market in the fourth quarter of 2019, but it still has a long way to go to compete against its Western peers, according to a report by research firm Canalys.. Alibaba Cloud Ranked No.1 by Gartner in Asia Pacific. Its closest competitors, Huawei and Tencent (OTC: TCEHY) , … And, its market share in the Asia Pacific region increased to 28.2% last year, from 26.1% in 2018. © 2020 Stravium Intelligence LLP. Currently, it has 63 availability zones in 21 regions. 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Moreover, in mid-April 2020, Alibaba said it would invest 200 billion yuan (US$28.26 billion) in its cloud computing division over the next three years. Alibaba Cloud CDN market share in the Datanyze Universe. Alibaba’s market share in the global IaaS market climbed to 9.1% in 2019, up from 7.7% the year earlier. Bengaluru: Alibaba Cloud remained the leader in the China Cloud services market in Q3 with a 41 per cent market share and continued strong growth. Alibaba .com, a China-based ... local e-commerce retail accounting for around 65 percent revenue share. Hybrid Cloud Technologies Market 2020-2027 Share, Growth Drivers, Sales Channels and Top Manufacturers Analysis: ALIBABA CLOUD, IBM, Hewlett Packard Enterprise,, Microsoft Corp., Nov 24, 2020 anita_adroit Meanwhile, Amazon's market share dropped from 53.7% to 51.8%. Alibaba Cloud has the third biggest global market share for IaaS and first in Asia Pacific in 2019, said Gartner in its latest report. News Summary: Guavus-IQ analytics on AWS are designed to allow, Baylor University is inviting application for the position of McCollum, AI can boost the customer experience, but there is opportunity. It is also the overall leader in the Asia Pacific region. In APAC, Alibaba Cloud stayed at number one by growing its market share to 19.6% last year from 14.9% in 2017. 22. 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Although its market share and run rate are still far behind AWS, Microsoft Azure, and Google Cloud Platform (more about that below), in Q3 2017 AC reported a … Vendor. Even though Alibaba crossed IBM, it has a long way to go in terms of revenue and market share. With a 5% market share, Alibaba Cloud came in fifth, just a few percentage points behind third and fourth placers Google Cloud Platform and IBM Cloud. Websites Dropped. If processors based on Arm become the norm in the data center, the industry can thank the gravitational pull of AWS… 0.02%. That was 8.6% ahead of … Alibaba Cloud accounted for 6% of the worldwide market. While AWS has a third of the total market share, Alibaba is holding onto a whopping 47.3% of China’s cloud computing market share. Owning a 7.7% public cloud market share according to Gartner, Alibaba has annual revenues of $2.49 billion, and impressive growth of 92.6% in 2018. Hangzhou, China, April 24, 2019 – Alibaba Cloud, the cloud computing and data intelligence arm of Alibaba Group, has been named first in Asia Pacific(*) market share for IaaS (Infrastructure as a Service) and IUS (Infrastructure Utility Services) in two consecutive years as per Gartner’s latest report revealed earlier this month named Market Share: IT Services, 2018. write a review. While AWS has a third of the total market share of the cloud globally, Alibaba is holding a whopping 47.3 percent of China’s cloud computing market share, followed by its competitor Tencent Cloud with 15.4 percent. In less than a decade, it's quickly risen to acquiring over 50% of the market share in China. According to Synergy Research Group in Q2 2019, AWS led the globe’s cloud computing market with a 33% market share, and Microsoft Azure came in second with 18%. That means its regional market share rose by nearly a third from 2017, while Amazon’s fell slightly to 11 percent. Cloud computing business is a golden goose for Alibaba as one of the company’s fastest-growing sectors The Chinese tech giant’s cloud division grew 60% in the quarter and now claims a bigger market share than enterprise stalwart IBM Does it have the legs to contend with Google Cloud… Similar Posts From Cloud Computing Category, Top 20 B.Tech in Artificial Intelligence Institutes in India, Top 10 Data Science Books You Must Read to Boost Your Career. With a year-on-year revenue increase of 68.7% in the infrastructure as a service (IaaS) market in the first half of 2019, Alibaba Cloud topped the sector’s growth rate and outstripped its nearest rival by 20 percentage points, the IDC report said. It is also predicted that cloud infrastructure services spending will grow 32 percent to US$141 billion in 2020 and US$284 billion in 2024. Market Share. Alibaba, a China-based e-commerce giant, is one of the leading providers of e-commerce, retail, Internet, and technology. Conversely, Microsoft Azure increased its share from 15 percent in 2018 to 18 percent in Q4 2019, while Google Cloud was the third largest cloud service provider with a market share of 6 percent, followed by Alibaba Cloud with 5 percent. Huawei enjoys 16.2 per cent market share, thanks to what Canalys described as "rapid growth in the finance, industrial manufacturing, Internet and government sectors." According to Gartner, Alibaba Cloud ranks 3rd among cloud service providers in terms of market share in the world, being a leader among providers in emerging markets. Alibaba Cloud, the cloud computing and data intelligence arm of Alibaba Group, has been named first in Asia Pacific(*) market share for IaaS (Infrastructure as a Service) and IUS (Infrastructure Utility Services) in two consecutive years as per Gartner’s latest report revealed earlier this month named Market Share: IT Services, 2018. Canalys estimates the worldwide cloud market to … Alibaba Group Holding Ltd. 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