The global cloud computing market is now worth $180 billion in vendor revenues with the market still growing by 24% annually, according to the latest note from Synergy Research.
The industry is put into six different buckets. Infrastructure as a service (IaaS) and platform as a service (PaaS), the first, remains the fastest growing sector, with 47% growth, and – as this publication has long since explored – Amazon and Microsoft at the top of the tree. The second fastest growing area was enterprise software as a service (SaaS), at 31%, with Microsoft and Salesforce the leading vendors.