Alibaba maintained its position as the third largest public cloud Infrastructure-as-a-Service (IaaS) service provider globally in 2021, according to the latest Worldwide Semiannual Public Cloud Services Tracker published by market research and advisory firm International Data Corporation (IDC).
With a market share of 7.4%, Alibaba has held the third position for the fourth consecutive year. The company is also the only player among the top-five that is headquartered in Asia, according to the IDC Tracker.
“The fast-growing cloud market is creating significant opportunities for global players to grow and evolve their service offerings. As the digital economy continues to develop, demand from businesses for scalable, reliable and cost-effective cloud services is only set to increase. We are committed to helping our global base of customers navigate a rapidly digitalizing environment through innovative products and services designed to make business easier,” said Jeff Zhang, President of Alibaba Cloud Intelligence.
