Amazon Vs. Google: One Is The Better Cloud Play
Portfolio Pulse from
Amazon's AWS is currently a better cloud investment than Google's GCP due to its market leadership and profitability. AWS holds a 31% market share and is expected to grow at 15% annually, while GCP has grown from 7.6% to 12% market share since 2017 and is projected to grow at 25%.
November 12, 2024 | 12:30 pm
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Amazon's AWS is a market leader in cloud computing with a 31% share and strong profitability, making it a better investment than Google's GCP.
AWS's market leadership and profitability make it a more attractive investment compared to GCP. AWS's 31% market share and expected 15% annual growth highlight its strong position in the expanding cloud market.
CONFIDENCE 95
IMPORTANCE 85
RELEVANCE 90
POSITIVE IMPACT
Google's GCP is growing rapidly, increasing its market share from 7.6% to 12% since 2017, and is projected to grow at 25% annually.
GCP's rapid growth and increasing market share indicate strong potential in the cloud market, despite AWS's current leadership. GCP's projected 25% annual growth is a positive indicator for Google's cloud business.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 80