Investment Report: Market Position and Competitive Trajectory of AWS, Microsoft Azure, and Google Cloud

The global cloud computing landscape is undergoing one of the most transformative power shifts in a decade. Even as Amazon Web Services (AWS) maintains its position as the market leader with roughly 30 percent global share, its once-uncontested dominance is increasingly challenged by the accelerating rise of Microsoft Azure and Google Cloud. Over the past five years, AWS’s share has edged downward while Azure and Google have captured steady gains, fueled by enterprise digitization, AI integration, and hybrid cloud adoption.

Axum Holdings’ latest investment report, “The Cloud Power Shift: AWS, Azure, and Google Cloud 2020–2025,” delivers an in-depth examination of how these three hyperscalers have reshaped the global infrastructure market. The report analyzes five-year market trends, revenue trajectories, capital expenditure patterns, and the emerging economic law of large numbers that now constrains AWS’s percentage growth despite expanding absolute revenues. It also explores how Microsoft and Google are leveraging AI ecosystems to build momentum in high-growth verticals, from analytics to next-generation compute.

With the global cloud services market projected to exceed $1.6 trillion by 2030, understanding where each hyperscaler stands—and where they are headed—is crucial for investors, CIOs, and strategic planners. Download Axum Holdings’ latest report to discover how innovation, scale, and AI integration are redefining who leads—and who follows—in the battle for cloud supremacy.

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