Synergy Research: Amazon, Microsoft and Google accounted for 65% of $53 billion in global cloud spending in the first quarter of 2022, up from 52% in 2018 (Aaron Tilley/Wall Street Journal)

Aaron Tilley / Wall Street Journal†

Synergy Research: Amazon, Microsoft and Google accounted for 65% of $53 billion in global cloud spending in Q1 2022, up from 52% in 2018— Three companies account for about two-thirds of cloud spend and are using their size to maintain their grip on the fast-growing market