Amazon continues to hold the largest market share with its Amazon Web Services (AWS) at 33% of the market in Q2 2024. It is followed by Microsoft Azure with 20% of the market and Google Cloud with 10%. All other cloud infrastructure providers comprise the remaining 37% of the market for Q2.
MSPs are experiencing a tougher period when it comes to sales than they have in a while, according to newly released Service Leadership data. Specifically, MSPs are seeing a deceleration in revenue growth.
Service Leadership VP and GM Peter Kujawa told ChannelE2E that over the last 3 to 4 quarters MSPs have said they've had a tougher time growing revenue. There are likely a couple of factors contributing to this deceleration of growth, he said. First, this decline in growth comes after the COVID bubble really accelerated sales for MSPs the last few years as so many companies initiated work-from-home programs and required a great deal of IT help as a result. But that bubble has burst.
The second factor is this: 2024 is an election year, and with the U.S. Presidential election looming there’s tremendous uncertainty in the market.
