According to new research from Omdia, global spending on cloud infrastructure services reached $102.6 billion in quarter three (Q3) of 2025, representing 25% year-on-year growth. Market momentum remained stable, marking the fifth consecutive quarter in which growth has remained above 20% highlighting continued strength across the sector.
“This performance reflects a significant shift in the technology landscape as enterprise demand for AI moves beyond early experimentation toward scaled production deployment,” says Omdia. “As this transition accelerates, hyperscalers are increasingly redirecting competition away from the incremental gains in model performance and toward platform-level capabilities that support multi-model deployment and ensure the reliable operation of AI agents in real-world environments.”
In the third quarter of 2025, AWS, Microsoft Azure, and Google Cloud maintained their market rankings from the previous quarter, collectively accounting for 66% of global cloud infrastructure spending. Together, the three hyperscalers delivered 29% year-on-year growth.
