Hyperscalers to Drive 24% Cloud Services Market Growth | In the News

Hyperscale public cloud providers have experienced growth rates exceeding 30 percent 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 a 24 percent compound annual growth rate through 2024.