On January 25, Synergy Research Group pointed out in its latest report that in the public cloud and infrastructure market, operators and suppliers’ revenue will reach US$544 billion in 2022 (currently about 3.69 trillion RMB), an increase of 21% over 2021. %.
Among them, the fastest growing infrastructure as a service (IaaS) and platform as a service (PaaS), despite the impact of multiple factors such as the strengthening of the dollar, but the annual revenue of these services still increased by 29%, a total of more than 195 billion US dollars. Private cloud hosting services, enterprise software-as-a-service (SaaS), and content delivery networks (CDN) contributed a further $229 billion in operating income, an increase of about 19% since 2021. Additionally, public cloud providers spent $120 billion building, leasing, and equipping their data center infrastructure, a 13 percent increase from the previous year.
According to Synergy, 15 companies in the public cloud ecosystem account for 60% of all public cloud-related revenues. The most talked about are Microsoft, Amazon, Salesforce and Google, followed by Adobe, Alibaba, Cisco, Dell, Huawei, IBM, Inspur, Oracle, SAP and VMware.
Geographically, the U.S. remains the “center of gravity,” with Synergy data showing that in 2022, the U.S. will account for 45% of all cloud service revenue and 53% of hyperscale data center capacity. The vast majority of leaders in services and infrastructure are US companies, followed by Chinese companies, accounting for 8% of cloud services revenue and 16% of hyperscale data center capacity in 2022.
Synergy expects the public cloud ecosystem to double in size over the next four years. During this period, the number of hyperscale data centers operated by cloud providers is expected to increase by 50%, and the capacity of data center networks will expand by more than 65%.