Frost Radar: Global Cloud IaaS and PaaS Market, 2022

A Benchmarking System to Spark Companies to Action - Innovation That Fuels New Deal Flow and Growth Pipelines

Today's global workforce is younger, more connected, and more dispersed than it has been at any point in the past, which means it demands advanced solutions. Enterprises have discovered that cloud technologies are foundational to power this workplace transformation and drive agile business.

Lessons from the COVID-19 pandemic will continue to accelerate cloud Infrastructure-as-a-Service (IaaS) and Platform-as-a-Service (PaaS) deployments as organizations focus on longer-tail digital transformation initiatives.

Frost & Sullivan's 2021 Cloud User Survey reveals that cloud infrastructure and platforms top the list of what enterprises consider the most crucial technologies for achieving their business priorities.

The marketplace for cloud IaaS and PaaS is global in nature and highly concentrated. The top 5 providers account for 92.3% market share, with competitors offering nearly identical services globally. This market concentration makes for a high barrier to entry for smaller, local players.

In this report, we take a closer look at the competitive landscape and key players in the global cloud IaaS and PaaS market. The Frost Radar reveals the market positioning of companies in an industry using their Growth and Innovation scores as highlighted in the Frost Radar methodology.

The document presents competitive profiles on each of the companies based on their strengths, opportunities, and a small discussion on their positioning. Frost & Sullivan analyzes hundreds of companies in the industry and benchmarks them across the 10 criteria, where the leading companies are then positioned on the Radar. Industry leaders on both the Growth and Innovation indices are recognized as best practice recipients.