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During the second quarter of 2025, the worldwide spending on cloud infrastructure services soared to US$95.3 billion. This figure reflects a 22% rise compared to the same period in the previous year and signifies the fourth straight quarter where the growth rate has surpassed 20%. The upsurge in demand for cloud services is mainly propelled by the escalating utilization of AI, a revival in the migration of traditional systems, and the expansive growth of cloud-native enterprises. Customers are inclined to embrace multi-model strategies as a means to strike a balance between cost considerations and the demands of different scenarios. In terms of market standing, AWS, Microsoft Azure, and Google Cloud maintain their positions, jointly accounting for a 65% share of the market. Their combined revenue has witnessed a 27% year-on-year increase.
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