The cloud computing market has matured to the extent that the industry is entering a consolidation phase. In this new chapter, the majors in this space are killing off smaller clouds by acquiring them or driving them out of business. What was once a fragmented industry is now dominated by handful of players like Amazon, Microsoft, Google, and Alibaba. These top 4 alone account for nearly 60% of the global market. As the cloud business scales, the sector’s profits are accelerating.
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