Cloud computing providers offer higher security and low-cost services, increasing companies’ productivity, speed, efficiency, performance, and data security. This article discusses the top cloud service providers in 2024 and the global cloud computing market value.
Top 5 Cloud Service Providers in 2024
Cloud computing service providers deliver secure and efficient services over the Internet. Below are the top cloud service providers in 2024.
Amazon Web Services
Amazon Web Services (AWS) is a leading and widely used cloud service provided by Amazon, Inc., first launched in March 2006. AWS provides on-demand cloud computing services related to computing, storage, networking, middleware, IOT, and software tools via AWS server farms.
Amazon Web Services receives mostly positive reviews from several user review sites. Users at G2 rate Amazon Web Services at 4.5 out of 5.0, and users at Gartner Peer Reviews rate them at 4.5 out of 5.0, with an 89% recommendation score.
Microsoft Azure
Microsoft Azure is a highly reputed and widely used cloud service provided by Microsoft Corporation, first launched in February 2010. Microsoft Azure uses large-scale virtualization at Microsoft data centers worldwide, offering more than 600 services.
Microsoft Azure receives mostly positive reviews from several user review sites. Software Advice users rate Microsoft Azure 4.6 out of 5.0, and Gartner Peer Reviews users rate the cloud services 4.4 out of 5.0, with an 82% recommendation score.
Google Cloud Platform
Google Cloud Platform (GCP) is one of the widely used cloud computing platforms offered by Google. It was first launched on April 7, 2008. GCP is a suite of cloud services run on the same internal cloud infrastructure used by Google for its end-user products, including Google Search, Google Drive, Gmail, and YouTube. Google Cloud provides infrastructure as a service (IaaS), platform as a service (PaaS), and serverless computing environments.
Google Cloud Storage receives mostly positive reviews from several user review sites. Users at G2 rate it 4.5 out of 5.0, and users at Gartner Peer Reviews rate Google Cloud Storage 4.5 out of 5.0, with an 88% recommendation score.
IBM Cloud
The IBM Cloud is a reputed and widely used cloud service provided by International Business Machines Corporation (IBM), first launched in June 1911. IBM specializes in computer hardware, software, and middleware; they provide computing and consulting services in areas ranging from mainframe computers to nanotechnology.
Software Advice users rate IBM Cloud 4.5 out of 5.0, and users at Gartner Peer Reviews rate them at 4.4 out of 5.0, with a 78% recommendation score.
Alibaba Cloud
Alibaba Cloud is a widely used cloud service provided by Alibaba Cloud, first launched in September 2009. Alibaba Cloud provides computing and storage services over the cloud to online businesses and Alibaba’s e-commerce ecosystem.
Users at G2 rate Alibaba Cloud 4.3 out of 5.0, and users at Featured Customer Reviews rate them at 4.8 out of 5.0.
Global Cloud Computing markets
According to Grand View Research, the global cloud computing market was valued at USD 752.44 billion in 2024. It is expected to reach USD 2,390.18 billion by 2030, registering a compound annual growth rate of 21.2% from 2024 to 2030.
According to Statista, In the fourth quarter of 2024, the most popular vendors are Amazon Web Services (AWS) (leading with 31 percent of the cloud market) and Microsoft Azure (controlling the cloud market with 25 percent market share). Google Cloud plays an important role, with a 10 percent market share.
