target audience: TECH SUPPLIER Publication date: Aug 2019 - Document type: Market Presentation - Doc Document number: # US45439419
Consolidation in the Combined Public Cloud IaaS and PaaS Market: Top 2 Providers Account for Nearly Half of the Worldwide Spend in 2018
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Abstract
This IDC Market Presentation discusses the growth of the combined public cloud IaaS and competitive PaaS market as a share of the overall public cloud services market and the share of the market represented by the top 5 market share leaders in this joint market.
"The combination of the public cloud IaaS and PaaS represents all the ways in which customers can deploy and operate their own applications in public cloud," said Deepak Mohan, research director, Computing Platforms and Technologies Group at IDC. "Amazon Web Services (AWS) now represents nearly a third of all spending in this joint market, and the top 5 providers represent 60% — showing the high concentration of spend of the leaders in this market."
"Solution-specific applications are becoming a necessity for customers to meet new business demands, especially those that include artificial intelligence (AI), machine learning (ML), and Internet of Things (IoT) functionality," said Larry Carvalho, research director, IDC's Platform as a Service. "Customers are increasingly choosing platforms that deliver unique capabilities by combining infrastructure and platform functionality to meet their application development needs."