According to Canalys data estimates, in the second quarter of 2025, global cloud infrastructure service spending reached US$95.3 billion, an increase of 22% over the previous year. The market growth momentum remains steady, and has maintained a year-on-year increase of more than 20% for four consecutive quarters. The growth in demand for cloud services is mainly driven by three aspects: the increase in AI usage, the recovery of traditional system migration, and large-scale development of cloud-native businesses. As leading cloud vendors continue to enhance AI capabilities and applications, more and more customers are adopting multi-model strategies to better balance cost control and specific scenario requirements. In the second quarter of 2025, AWS, Microsoft Azure, and Google Cloud maintained the ranking of the previous quarter. Together, the three accounted for 65% of the global cloud infrastructure spending market share. Overall, the overall revenue of the top three manufacturers increased 27% year over year.

According to Canalys data estimates, in the second quarter of 2025, global cloud infrastructure service spending reached US$95.3 billion, an increase of 22% over the previous year. The market growth momentum remains steady, and has maintained a year-on-year increase of more than 20% for four consecutive quarters. The growth in demand for cloud services is mainly driven by three aspects: the increase in AI usage, the recovery of traditional system migration, and large-scale development of cloud-native businesses. As leading cloud vendors continue to enhance AI capabilities and applications, more and more customers are adopting multi-model strategies to better balance cost control and specific scenario requirements. In the second quarter of 2025, AWS, Microsoft Azure, and Google Cloud maintained the ranking of the previous quarter. Together, the three accounted for 65% of the global cloud infrastructure spending market share. Overall, the overall revenue of the top three manufacturers increased 27% year over year.