Canalys·2025-06-13 04:46Core Insights - The global cloud infrastructure services spending reached $90.9 billion in Q1 2025, marking a 21% year-over-year increase, driven by the need for AI application deployment and cloud migration [1] - Major cloud providers are accelerating infrastructure optimization to lower AI usage costs and enhance inference efficiency, with a focus on self-developed chips [1][2] - The top three cloud providers—Amazon Web Services (AWS), Microsoft Azure, and Google Cloud—account for 65% of global cloud spending, with their combined spending growing by 24% year-over-year [1] Group 1: Market Overview - The global cloud services market is experiencing steady growth, focusing on two strategic priorities: accelerating cloud migration and exploring generative AI applications [2] - The rise of generative AI heavily relies on cloud infrastructure, which in turn reinforces corporate cloud strategies and speeds up migration processes [2] Group 2: Major Cloud Providers - AWS maintains its market leadership with a 32% share and a 17% year-over-year revenue growth, while its AI business is in early development but shows triple-digit annual growth [4] - AWS has introduced price cuts to promote the adoption of its self-developed Trainium AI chips, which offer a 30-40% advantage in price-performance ratio compared to Nvidia [5] - Microsoft Azure holds a 23% market share with a 33% year-over-year growth, attributing 16 percentage points of this growth to AI [6] - Google Cloud retains a 10% market share with a 31% year-over-year growth, although its revenue backlog decreased slightly due to supply constraints [7]