You Won't Believe Who's Stealing Market Share From Amazon

Core Insights - Amazon continues to dominate the e-commerce and cloud computing markets, maintaining a premium share price due to its leadership position [1] - Investors are beginning to question Amazon's ability to retain its cloud computing market lead as competitors emerge [2] Market Share Dynamics - Amazon Web Services (AWS) has seen its market share decline to a multiyear low of 29%, down from nearly 35% in 2019, indicating a loss of ground in the cloud computing sector [5] - The decline in AWS's market share is not primarily attributed to major competitors like Google or Microsoft, who are also losing share [7] Emergence of Neoclouds - The market share lost by AWS is being captured by smaller, specialized cloud service providers, referred to as "neoclouds," which cater to the needs of AI data center operators [9] - Approximately half of the recent market share growth among "other" cloud providers is attributed to these neoclouds, highlighting their ability to deliver superior technology [9]