For the fourth year in a row, Alibaba is ranked as the third largest Infrastructure-as-a-Service (IaaS) provider in the world and the biggest in Asia Pacific in 2021 by revenue. The latest Gartner report, Market Share: IT Services, 2021, showed Alibaba’s global market share expanded to 9.55%, while in Asia Pacific the company has achieved 25.5%.
“Acting as the backbone for the digital transformation of a wide range of industries, IaaS is a key service for our business and we are glad to be recognized for our continued growth in this area. Over the past year, our customers have sped up their cloud migrations to ensure business continuity against the ongoing impact of the pandemic across the world. We see this transition to cloud-based operations as necessary for business growth,” said Jeff Zhang, President of Alibaba Cloud Intelligence. “Our commitment to supporting our global customers in these challenging times has helped us maintain a strong competitive position in the market. We will continue to deliver innovative products and services to drive the growth of the digital economy.”
