Amazon continues to dominate public cloud market, report finds

Amazon's cloud computing service Amazon Web Services remains the leading public cloud provider worldwide, according to a report from market research firm Synergy Research Group.

For the report, the firm reviewed public cloud services data from the third quarter of 2018 collected across four major geographic regions: (1) North America; (2) Europe, the Middle East and Africa; (3) Asia Pacific; and (4) Latin America. Synergy Research Group then ranked the providers by service revenue for the two most prominent segments of the market: infrastructure-as-a-service and platform-as-a-service.

AWS accounted for 40 percent of public cloud market revenue, ranking No. 1 in all four of the regions, according to the report. Microsoft ranked the second leading public cloud provider in three of the four regions and Google ranked third in three of the regions, as well.

Here are the top five public cloud providers worldwide for the third quarter of 2018:

1. AWS

2. Microsoft

3. Google

4. Alibaba

5. IBM, Salesforce

Here are the top five public cloud providers in North America for the third quarter of 2018:

1. AWS

2. Microsoft

3. Google

4. Salesforce

5. IBM

"Despite some local issues over data sovereignty, in most meaningful ways public cloud computing is a global market that is led by truly global cloud providers," said John Dinsdale, a chief analyst and research director at Synergy Research Group. "There will remain opportunities for smaller cloud providers to serve niche markets, especially focused on single countries or local regions, but those companies cannot hope to challenge the market leaders."

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