Public cloud spending is increasingly being concentrated among the top five providers and the consolidation of wallet share is even more intense in infrastructure- and platform-as-a-service, according to IDC data.
IDC reported that the top five public cloud providers accounted for 46.3% of all spending growth in 2018 and 35% of all spending overall. In IaaS and PaaS the top five vendors accounted for 63% of all spending.