Webscale ICT market to experience a 19.5% CAGR from 2017 to 2022

AWS (Amazon Web Services) is the leading IaaS provider by revenue, but Microsoft Azure and Google Cloud are growing revenue faster than the incumbent due to years of data center investment across geographies. Microsoft is closing the gap quickly and will challenge AWS in the short term, while Google, which was later to the market, is more of a long-term threat. Beyond data centers, webscale companies are making undersea cable investments to support cloud and video traffic growth. Alphabet, Amazon, Facebook and Microsoft will continue to build these networks to carry traffic across oceans and typically partner with each other as they do so. — Senior Analyst Michael Soper, TBR’s 1Q18 Webscale ICT Market Landscape

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