The thirst for infrastructure as a service (IaaS) services continues to grow, but the industry has become dominated by major providers and this may hamper competition in the future.
According to Gartner, the IaaS market grew by 31.3 percent in 2018 and was worth $32.4 billion, surging from the previous year’s valuation of $24.7 billion.
The research agency says that Amazon retains the top spot as an IaaS provider due to the AWS Elastic Compute Service, followed by Microsoft, Alibaba, Google, and IBM.