Report: Amazon Has 28% of the Cloud Computing Market

According to a new report from Synergy Research, the cloud computing market is now worth nearly $20 billion per year. Amazon Web Services (AWS) remains the industry leader with a 28 percent market share, followed by Microsoft Azure (10 percent), IBM (7 percent), Google (5 percent), Salesforce (4 percent) and Rackspace (3 percent).

The report also found that between 2013 and 2014, the cloud market saw dramatic growth. Microsoft led the way with 96 percent growth, followed by Google with 81 percent, AWS with 51 percent and IBM at 48 percent.

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