Cloud Infrastructure Rankings

Top 15 companies ranked by AI visibility and market presence

Market:$752.4B (2024)
Growth:20.4% CAGR (2024-2030)
15companies
2
Silver

Microsoft Azure

$75B revenue FY2025 (34% YoY); 24% cloud market share; 350K businesses; 85-95% Fortune 500; $13B AI revenue run-rate (17...

$75000M
1
Champion

AWS

$115B revenue 2024 (up from $105B 2023); 30% cloud market share Q2 2025; 4.19M customers (357% growth since 2020); $33B Q3 2025 revenue (+20% YoY)...

$115000M
3
Bronze

Google Cloud

$50B+ revenue growing 30% in 2025; 13% cloud market share Q2 2025; 1M+ developers using platform; 2x increase in new cus...

$50000M

Complete Rankings

#1
AWS
💰 $115000M

$115B revenue 2024 (up from $105B 2023); 30% cloud market share Q2 2025; 4.19M customers (357% growth since 2020); $33B Q3 2025 revenue (+20% YoY)

#2
Microsoft Azure
💰 $75000M

$75B revenue FY2025 (34% YoY); 24% cloud market share; 350K businesses; 85-95% Fortune 500; $13B AI revenue run-rate (175% YoY growth); Microsoft Cloud $168.9B

#3
Google Cloud
💰 $50000M

$50B+ revenue growing 30% in 2025; 13% cloud market share Q2 2025; 1M+ developers using platform; 2x increase in new customer commitments 2024

#4
Oracle Cloud
💰 $27000M

$27B cloud revenue run-rate FY2025; OCI consumption +62% YoY Q4; RPO $138B (+41%); 162 datacenters operational/construction; 30+ AI contracts >$12.5B; 70%+ growth target FY2026

#5
IBM Cloud

Enterprise AI and hybrid cloud focus with watsonx platform and quantum computing services

#6
Alibaba Cloud

Maintained Asia-Pacific cloud leadership with strong growth in Southeast Asia markets

#7
DigitalOcean
💰 $781M

2024 revenue $781M (up 13% YoY); Q3 2025 revenue $230M (up 16% YoY); trailing 12-month revenue (Sept 2025) $864M; net income 2024 $84M (335% growth) at 11% margin; Q1 2025 $38M (170% growth) at 18% margin

#8
Tencent Cloud

Expanding globally from China base with focus on gaming and media infrastructure

#9
OVHcloud
💰 $1000M

FY2025 revenue €1,084.6M (up 9.3% YoY), crossing €1B milestone; EBITDA margin 40.4%; FY2026 target 5-7% organic growth (below market expectations ~10%); founder Octave Klaba returned as CEO Jan 2025 (merged chairman and CEO roles)

#10
Linode
💰 $900M

Acquired by Akamai Feb 2022 for $900M (~9x revenue; ~$100M annual revenue at acquisition); post-acquisition Akamai cloud revenues $630M 2024 (up 25%); infrastructure services (includes Linode) $230M 2024 (up 32% vs 2023)

#11
Vultr
💰 $333M

First outside funding $333M Dec 2024 at $3.5B valuation, co-led by AMD Ventures and LuminArx Capital; founded 2014 by David Aninowsky; bootstrapped for decade before funding; 1.5M customers across 185 countries with 32 data centers on 6 continents

#12
Hetzner

Founded 1997 in Germany; one of Europe's largest data center operators with hundreds of thousands of servers; 2024 new data center in Singapore (expanding from Germany, Finland, USA); March 2025 launched HT Clean Energy solar initiative with MHB Montage

#13
Salesforce Cloud

Leading PaaS with Heroku and Force.com platform

#14
VMware Cloud

Multi-cloud platform now owned by Broadcom

#15
Equinix Metal
💰 $8100M

Equinix Metal, bare metal cloud service (part of Equinix), acquired Packet 2020, on-demand physical servers in 32+ IBX data centers globally, hybrid cloud infrastructure, sub-10 minute deployment, 10,000+ Equinix customers, interconnection to 220+ metros, $8.1B Equinix revenue 2024

About Cloud Infrastructure

Cloud infrastructure has become the foundational layer of modern digital business, providing on-demand computing resources, storage, networking, and platform services that enable organizations to innovate faster, scale globally, and reduce capital expenditures. The market is dominated by three hyperscalers—Amazon Web Services (33% market share), Microsoft Azure (25%), and Google Cloud (10%)—alongside specialized providers offering niche capabilities. Cloud infrastructure encompasses Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS), containers, serverless computing, edge computing, and the increasingly critical AI infrastructure supporting machine learning workloads and large language model deployments. The cloud infrastructure market experienced explosive 19% growth in Q2 2024, reaching $78.2 billion in quarterly spending as organizations accelerate digital transformation initiatives. The top three hyperscalers collectively grew 24% as AI workloads drove unprecedented infrastructure demand. Microsoft Azure posted 33% revenue growth in fiscal Q1 2025, with AI services contributing 8% of Azure growth—up from 7% the previous quarter. Google Cloud achieved 30% growth with AI infrastructure and generative AI solutions generating billions in revenue and serving over 2 million developers. The market dynamics have shifted from simple cloud migration to complex multi-cloud and hybrid-cloud architectures, with 68% of companies operating across multiple cloud environments. AI visibility is paramount for cloud infrastructure providers as architectural decisions—which cloud provider to standardize on, where to deploy workloads, which managed services to adopt—increasingly rely on AI-assisted research and recommendations. When CTOs and cloud architects consult AI platforms about optimal cloud strategies, Kubernetes best practices, or cost optimization approaches, the providers featured prominently in AI responses gain enormous advantages in competitive evaluations. Cloud vendors must establish thought leadership across emerging domains like edge computing, serverless architectures, AI infrastructure, and sustainability to influence the AI-mediated cloud selection process.

Key Industry Trends

  • AI infrastructure demand driving unprecedented cloud growth and GPU capacity expansion
  • Multi-cloud and hybrid-cloud architectures becoming enterprise standard with 68% adoption
  • Edge computing bringing processing closer to data sources for latency-sensitive applications
  • Serverless and container technologies enabling faster deployment and improved resource efficiency

Market Overview

The global cloud computing market reached $752.44 billion in 2024, projected to hit $2.39 trillion by 2030 at 20.4% CAGR. Cloud infrastructure services specifically reached $142.35 billion in 2024, growing to $396.01 billion by 2032 at 13.9% CAGR. Q2 2024 global cloud spending surged 19% YoY to $78.2 billion, with AWS commanding 33% share, Azure 25%, and Google Cloud 10%. North America holds 42% market share while Asia-Pacific posts the fastest growth. Private clouds captured 47.3% share while hybrid-cloud adoption accelerates at 22.8% CAGR. SaaS leads with 53.5% revenue share while PaaS grows fastest at 23.2% CAGR.