Lionel Sujay Vailshery
Research expert covering cloud computing and emerging tech industries
As of 2024, the Azure cloud platform encompasses more than 2,800 AI and ML services and products. They are tailored for companies of all sizes, with some specific to industries, including healthcare, financial services, government, and retail. Accordingly, the Azure platform is a popular choice for businesses to leverage technology to achieve their goals. Almost 56 percent of organizations worldwide use Microsoft Azure for their cloud services.
Microsoft Azure's key solutions include data management, media services, machine learning and artificial intelligence (AI), developer tools, and Internet of Things (IoT) applications. To meet the diverse needs of its global customer base, Microsoft continually develops the Azure portfolio, especially with the introduction of Phi-3 models, representing the latest generation of small language models developed along with OpenAI.
The strategic alliance between OpenAI and Microsoft Azure is a game-changer in the realm of AI and cloud computing. By harnessing Azure's robust cloud infrastructure, OpenAI can accelerate the development and deployment of its state-of-the-art models. This collaboration opens the doors for customers to access a wide array of advanced AI models, including the highly sought-after GPT models like ChatGPT4.
Microsoft Azure, Amazon Web Services, and Google Cloud lead the global cloud-computing market. These three hyperscale cloud providers are the leading players in the cloud infrastructure services market, with Microsoft accounting for approximately a quarter of the market. Notably, despite Microsoft entering the cloud business later than its main competitors, it managed to catch up quickly. Microsoft's strong position in enterprise IT, thanks to Windows OS and productivity tools, paved the way for Azure's success in software as a service (SaaS), notably with Office 365. Now with the addition of Copilot for Microsoft 365 the integration of AI-powered tools powered by Azure, has taken Microsoft a step further in sealing their lead in the operating systems market worldwide for PCs.
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Global public cloud application services (SaaS) market size 2015-2025
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Public cloud application infrastructure services market 2015-2024
Detailed statistics
Global public cloud infrastructure as a service market size 2015-2025
Public cloud services market size 2017-2024
Public cloud services end-user spending worldwide from 2017 to 2024 (in billion U.S. dollars)
Public cloud services growth worldwide 2022-2024, by segment
Public cloud services annual growth rate worldwide in 2022 to 2024, by segment
Global public cloud infrastructure as a service market size 2015-2025
Public cloud infrastructure as a service (IaaS) end-user spending worldwide from 2015 to 2025 (in billion U.S. dollars)
Public cloud application infrastructure services market 2015-2024
Public cloud platform as a service (PaaS) end-user spending worldwide from 2015 to 2024 (in billion U.S. dollars)
Global public cloud application services (SaaS) market size 2015-2025
Public cloud application services/software as a service (SaaS) end-user spending worldwide from 2015 to 2025 (in billion U.S. dollars)
Revenue of Microsoft broken down by segment 2012-2024
Microsoft's revenue from financial years 2012 to 2024, by segment (in billion U.S. dollars)
Global Microsoft Azure revenue growth FY 2020-2024, by quarter
Microsoft Azure revenue growth worldwide from financial year 2020 to 2024, by quarter
Microsoft's intelligent cloud revenue worldwide 2015-2024, by quarter
Intelligent cloud segment, quarterly revenue for Microsoft Corporation from fiscal year 2015 to 2024 (in billion U.S. dollars)
Microsoft's intelligent cloud operating income worldwide 2015-2024, by quarter
Intelligent cloud segment quarterly operating income for Microsoft Corporation from fiscal year 2015 to 2024 (in billion U.S. dollars)
Vendor share from the public cloud services IaaS market worldwide 2015-2022
Vendor share of the public cloud infrastructure as a service (IaaS) market worldwide from 2015 to 2022
Global IaaS and PaaS hyperscaler market share 2020-2023, by vendor
Worldwide infrastructure as a service (IaaS) and platform as a service (PaaS) hyperscaler market share from 2020 to 2023, by vendor
Vendor market share in cloud infrastructure services market worldwide 2017-2024
Cloud infrastructure services vendor market share worldwide from fourth quarter 2017 to first quarter 2024
Leading cloud provider for cloud on-ramps in data centers worldwide 2023, by region
Leading cloud provider for cloud on-ramps in data centers worldwide in 2023, by region
Public cloud platform usage and adoption worldwide 2024, by service provider
Current and planned usage of public cloud platform services running applications worldwide in 2024, by service provider
Private cloud platform service adoption worldwide 2024, by technology
Current and planned usage of private cloud platform services running applications worldwide 2024, by technology
Private cloud platform service usage worldwide 2017-2024
Current usage of private cloud platform services worldwide from 2017 to 2024, by service
Enterprise public cloud platform and infrastructure service usage worldwide 2017-2024
Current enterprise public cloud adoption worldwide from 2017 to 2024, by service
Leading cloud applications vendor market share worldwide 2024
Share of the cloud applications market by leading vendors worldwide in 2024
Number of foundation models summarised in global organizations from 2019-2023
Total amount of foundation models in large organizations worldwide from 2019 to 2023
Funding of Machine Learning Operations/Platform startups worldwide 2024
Leading Machine Learning Operations/Platform startups worldwide in 2024, by funding raised (in million U.S. dollars)
Global market share of AI tools in 2023
Total market share of artificial intelligence (AI) tools worldwide in 2023
Total funding of LLM developers worldwide in 2023
Large language model artificial intelligence (AI) developer funding globally in 2023 (in billion U.S. dollars)
Aggregate AI startup acquisition by major tech companies in 2023
Estimate amount of artificial intelligence (AI) companies acquired by major tech companies in 2023
Identity and access management software market share worldwide 2024, by vendor
Identity and access management software market share worldwide in 2024, by vendor
Share of endpoint vulnerabilities H1 2023, by platform
Share of endpoint vulnerabilities worldwide in the first half of 2023, by platform
Global brands most commonly abused in cyberattacks 2023
Worldwide brand names most frequently abused in cyberattacks in 2023 (in million)
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