AWS, Google and Microsoft control 76% of cloud market, report says

Despite recent big tech economic and hiring pressures, Amazon Web Services, Google and Microsoft still control 76 percent of the cloud market, according to a Nov. 1 report from Synergy Research Group encompassing the third quarter of 2022.

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In the first quarter of 2022, the big three cloud disruptors controlled 65 percent of the global cloud market. Additionally, the third-quarter report found that U.S. cloud spending grew 30 percent from last year.

Oracle also saw growth in its cloud business in the third quarter, according to the report.

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