Enterprise Cloud Storage Spend to Double by 2028 as AI Ramps Up

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Enterprise cloud storage spend to double by 2028 as AI ramps up

AWS dominated the segment with a 30% share of the nearly $60 billion market last year, according to Omdia’s analysis, followed by Microsoft’s 22% slice and Google Cloud’s 14%. Amazon’s cloud division commanded a 38% share of capacity consumed.

Read also: Omdia: AWS dominated $57 billion global cloud storage services market in 2023