What downturn? The total cloud market reached $126B in Q1 2022

Imagine for a second that you could roll up the entire cloud market, everything from SaaS to infrastructure to platform, CDNs (content delivery networks), managed private clouds, data center rentals — everything. What would that be worth in a quarter?
Well, the folks at Synergy Research were kind enough to do the work for us and the figure the firm came up with was $126 billion for Q1 2022, up 26% over the prior year. That’s a lot of money, but consider that a significant portion of that, $44 billion, came from the infrastructure and platform segment, which was itself up 36% year over ye

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