With covid-19, cloud computing has become one of the fastest-growing industries and the biggest cloud storage companies 2022 are still names such as Amazon Web Services, Microsoft Azure and Google Cloud with revenue increasingly going to these cloud giants. This is a short answer to a very frequently asked question of which is the largest cloud computing companies by revenue.

Cloud storage is useful in that it allows you to save data in an off-site location that you access through a private network connection or the public internet. 

Top 10 Cloud Computing Companies in World – The Best Cloud Storage Companies Safeguard Your Data

The biggest cloud storage companies make it their responsibility to store and safeguard your data, and furthermore, they host and maintain the servers and other infrastructure, ensuring that the companies they work for always have access to the data as they need it. 

Currently, about 94% of businesses use a cloud service. It is believed that by 2025, the amount of data that is stored in cloud data centers will surpass 100 Zettabytes. This is also because many organizations see that they can’t cope with or have the means to tackle data breaches. 

Fastest Growing Cloud Companies 2020 – A Huge Threat is Data Breaches

This is one of the top cloud security threats and a data breach can bring a company down and out as it can cause such irreversible damage to its reputation that it is unable to recover. 

biggest cloud storage companies

Every business knows that computer hard drives can only store so much data, so when they run out of storage, what then? With the most reputable, biggest cloud storage companies, they transfer data and files to an external storage device. By doing this, they save a company from having to spend money on servers and other infrastructure to accommodate their storage demands. 

Before cloud platforms and virtually hosted servers came about, physical servers had to contend with many responsibilities. Because the servers were located in an on-premises location, you weren’t able to access them remotely, resulting in long service outages. 

These sorts of limitations saw the need for some kind of solution and the biggest cloud storage companies allow businesses to cut their costs in terms of hardware, web servers, software, and services.

The fastest growing cloud companies 2020, the top 10 cloud computing companies in world, and the top cloud providers 2021 all have the same basic purposes – 

  • To provide 24/7 services which is possible because cloud servers don’t need people to manage them. 
  • The biggest cloud storage companies are scalable too and the largest cloud computing companies by revenue make sure that there is no limit to the number of users or resources.
  • The biggest cloud storage companies also provide automatic updates of third party software and more. They have data centers in different locations, providing them with speed and reliability.

The public cloud service market is thriving and these companies contribute to it looking to reach in the region of $624 billion by 2023 worldwide.

Biggest Cloud Storage Companies – Top Cloud Providers 2020 and Fastest Growing Cloud Companies 2020

Talking about top cloud providers 2020, the fastest growing cloud companies 2020 are fast growing because they provide elasticity. It means that these top cloud providers 2020 are adaptable and you can scale capacity as your data volumes increase or get less. 

biggest cloud storage companies

By storing data in a cloud, any business is able to save by rather putting all the responsibilities of storage technology in another company as opposed to investing in building and running their own in-house storage networks. 

These days, as remote work becomes even more entrenched than ever, the fastest growing cloud companies 2020 save your data on servers at off-site locations. And as your storage needs increase, the biggest cloud storage companies 2020 create new virtual services to keep up with the demand. 

The top cloud providers 2020 saw some of the names that we still see in 2022. Names such as Microsoft Azure, Google Cloud, and Amazon Web Services were top cloud providers 2020 and continue to be so. 

Biggest Cloud Storage Companies – Top 10 Cloud Computing Companies in World

Having talked about top cloud providers 2020, let us now talk about top cloud providers 2021. The top 10 cloud computing companies in the world offer businesses the chance at future success by helping them understand the importance of cloud computing. 

Some of the large top 10 cloud computing companies in world are –

  • Amazon
  • Google
  • Microsoft 
  • Salesforce
  • IBM Cloud
  • Alibaba Cloud
  • Oracle Cloud Infrastructure
  • VMWare
  • SAP
  • Backspace Cloud

Biggest Cloud Storage Companies – Cloud Providers Market Share

In terms of cloud providers market share, Amazon’s AWS is the most popular with about 31% market share of cloud services. In the IaaS segment, AWS gets 50% of revenue. With cloud providers market share, it is Microsoft Azure who comes in second and Google Cloud Platform as third. 

biggest cloud storage companies

The cloud service industry revenue is increasing dramatically. Even with cloud migration being expensive, more businesses around the world are seeing the savings. They no longer have to contend with on-premises servers, especially when they don’t have an IT team to maintain the servers. 

Biggest Cloud Storage Companies – Top Cloud Providers 2021

The top cloud providers 2021 deliver their cloud computing based services and solutions to businesses but also to regular people. Cloud services are highly sought after as they come with advantages in terms of cost and scalability. 

The top cloud providers 2021 provide their cloud storage in private, public and hybrid clouds. These cloud providers are sought after organizations that provide IT infrastructure and deliver cloud solutions through pay-as-you-go systems. Customers are only billed for services, going according to a subscribed billing process. 

 The biggest cloud storage companies provide a number of solutions, such as Platform as a services (PaaS), Infrastructure as a service (laaS) and Software as a service (SaaS). As mentioned, these cloud providers are classified as a public cloud provider-, private or hybrid cloud provider. Let us talk about Cloud providers market share 2021. 

Biggest Cloud Storage Companies – Cloud Providers Market Share 2021

In terms of cloud providers market share 2021, Amazon’s AWS cloud computing segment attributed over 13% of the company’s total revenue. The operating income illustrates 74% of the company’s total operating income. 

In the fourth quarter of 2021, cloud providers market share 2021 shows that the most popular cloud vendor is Amazon Web Services followed by Microsoft Azure and then Google Cloud. All three of them are your biggest cloud contenders and they all are worth investing in.

Biggest Cloud Storage Companies – Largest Cloud Computing Companies By Revenue

Which are the largest cloud computing companies by revenue? Now that we have talked about cloud providers market share 2021 let us now learn about the revenue of the top 10 cloud service providers. Yes, let us talk about the largest cloud computing companies by revenue. For a long time now organizations are busy migrating to the cloud and the pandemic has just speeded this migration up. 

biggest cloud storage companies

Cloud computing is linked to other tech development such as the Internet of Things, artificial intelligence, and mobile 5G networks. 

Talking about the top 10 cloud service providers is important as cloud computing stocks are a massive investment interest in 2022 and the largest cloud computing companies by revenue are Amazon and its Amazon Web Services, Microsoft for Azure, and Alphabet for Google Cloud. All of these were the top cloud providers 2021 and 2022 and they provide infrastructure and services for organizations looking to embrace the digital transformation. 

Top 10 Cloud Computing Companies in World – Zoom Video Communications Rockets Into the Limelight

When we talk about the top 10 cloud service providers, we need to mention the following – one of the biggest cloud storage companies that is worth mentioning is Zoom Video Communications. There aren’t many companies that have done what they have done, coming out of obscurity and into the limelight. 

The video conferencing service has become something that is totally relied upon during the pandemic, allowing businesses to keep in touch by being able to still hold their meetings virtually. 

Cloud adoption by all the different industries in the world has developed at different paces, but this is to be expected with different requirements and budgets. The cloud has revolutionized many of these industries. Those in the know say that a multi-cloud architecture will help with reducing costs and application performance. 

Fastest Growing Cloud Companies 2020 – Cloud Computing Penetrating the Entire Globe

Taking our discussion on the top 10 cloud service providers further, there have been businesses that had some reluctance in adopting the cloud but since the pandemic, cloud computing is penetrating the entire business world.

In 2022, do you have the resources for first of all building IT infrastructure and secondly, maintaining it? Not many companies do and many of them in the last couple of years are outsourcing a lot of the hassles to the top 10 cloud service providers because they don’t have the space, the infrastructure, and the security. 

The biggest cloud storage companies are also scalable, and they don’t mind if you start off small with them and increase your storage capacities as your business grows. 

The top 10 cloud service providers we’ve mentioned will take care of all your data visualization needs and that includes security such as data breaches and inside threats.

Too many businesses these days go into the cloud without the proper research. Before you go into the cloud, you must choose the best and biggest cloud storage companies carefully so that they can understand all the threats your company faces and respond, keeping your company afloat in challenging times.

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