Even as cloud growth continues to slow, market remains robust in Q2 at $65B

Cloud growth has been slowing for a number of reasons this year. Some of it has to do with macroeconomic headwinds causing customers to look to cut their cloud bills, some of it with a maturing market, which comes with an inevitable decline in growth. With the Big 3 cloud vendors — Amazon, Microsoft and Google — reporting Q2 revenues, the quarter showed signs of life, even as AWS growth dropped to 12%.
Even with that decline, Synergy Research reports that Amazon, per usual, remains the market leader with little change in its market share numbers, maintaining a hefty lead over its r

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