2026 Q2 Global Cloud Market Share: AWS, Azure, Google Cloud dominance
Synergy Research Group's Q2 2026 global cloud infrastructure services market report.
Market Share
| Vendor | Share | Revenue | YoY |
|---|---|---|---|
| AWS | 31% | ~$28B | +18% |
| Azure | 24% | ~$22B | +22% |
| Google Cloud | 12% | ~$11B | +28% |
| Alibaba Cloud | 5% | ~$4.5B | +12% |
Key Trends
AI is the primary growth driver — AI-related revenue grew 50%+ YoY across all three major clouds. Market concentration increased to 67% (up from 64%). Combined CapEx exceeded $50B in Q2, with ~40% allocated to AI infrastructure.
16IDC Takeaway
Cloud competition has shifted from price wars to AI capability wars. For users, cloud services are becoming smarter but not necessarily cheaper — AI feature premiums are becoming a new driver of cloud bills.
Source: Synergy Research Group