knowledge centre

Cloud service provider revenue is growing at double-digit rates, regardless of the company’s focus

Igor Babić Analyst

"Hyperscalers are growing their revenue more rapidly than smaller-scale cloud services specialists."

The market for cloud-related services continues to increase rapidly, as illustrated by the double-digit revenue growth rates of major cloud service providers around the world. This article examines the reported revenue of various cloud service providers as well as the cloud revenue of telecoms operators, drawing on Analysys Mason’s recently published Cloud service providers’ revenue tracker. The reporting of cloud-related revenue is somewhat opaque, but the figures published in our tracker give us a reasonable sense of how different types of cloud businesses are performing.