Hyperscalers — Industry Insights, Data, and Solutions For Business Leaders

Cloud Services Market Will Accelerate to 24% Growth Rate Through 2024 as Hyperscalers and Non-Hyperscalers Battle for Market Share

Hyperscale public cloud providers have experienced growth rates exceeding 30% for the past few years, and their appetite for enterprise IT spend remains insatiable. Everest Group predicts hyperscalers—namely Amazon Web Services (AWS), Google Cloud, and Microsoft Azure—will seize more of enterprise IT spend as the cloud services market accelerates to 24% compound annual growth rate through 2024.

Emerging MarketsMelissa FisherJuly 27, 2021Everest Group, Cloud Services, Hyperscalers, cloud-directed IT spending, public cloud

North American enterprises go all-in on hyperscalers, survey reveals

A total of 59 percent of North American enterprises sourced their cloud services from hyperscalers in 2019, a sum that will rise to 65 percent in 2021, according to survey results from IHS Markit | Technology, now a part of Informa Tech.

Staff ReportsJanuary 30, 2020Cloud Services, IHS Markit, Hyperscalers, Cloud Service Providers