According to the latest report shared by Gartner- a worldwide market analyzing firm, across seven key cloud infrastructure the IaaS market revenue is 64.39 billion USD for 2020.
The market research organization recently published an IT service report entitled “Market Share: IT Services, Worldwide 2020”. As the report concludes, the IaaS cloud computing market shows revolutionary growth.
Despite the presence of a huge number of vendors, the cloud market for the year 2020 was mainly dominated by Amazon, Microsoft, Alibaba, Google, and Huawei respectively.
Talking about Huawei’s cloud servicing, the company’s global IaaS Cloud market ranking reached second place in the Mainland while on top five in the worldwide ranking.
Previously, at the 18th HAS (Huawei Global Analyst Summit), the company announced the cloud and computing progress report for 2020. It was also revealed that Huawei registered the sixth-fastest growth rate across the globe in the cloud market.
Furthermore, President of Marketing Cloud and Computing, Huawei, Shi Jilin informed, Huawei had been launched about 220 plus cloud services, about 210 solutions. Approx, 19,000 partners have collaborated with Huawei and we own about 4,000 cloud applications.
Additionally, the marketing president also shares that Huawei adopts diverse-oriented computing, which adheres to open hardware and software.
To be mentioned, IaaS stands for Infrastructure as a Service, delivers you on-demand access to the cloud resource like networking, storage, and servers.