WASHINGTON, June 29 — Amazon remained the dominant global cloud computing firm in 2020 as rivals including Microsoft, Alibaba and Google gained ground in the fast-growing market, a research firm said.
Amazon held nearly 41 per cent of the market last year, down from 45 per cent in 2019 as its revenues grew 28 per cent, according to Gartner. Sid Nag, research vice president at Gartner, said the market is growing as more businesses rely on cloud-based solutions, with the trend accelerating during the pandemic.
Gartner said Microsoft in particular benefitted from the pandemic as organizations shifted to the cloud for “critical” workloads, such as healthcare, manufacturing and e-commerce.
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