AWS vs Azure Revenue Growth Comparison (2016-2023)

This statistic highlights AWS Azure Revenue Comparison, reported on a quarterly basis from Q3 2016 onwards.

Cloud computing has been gaining importance in recent years. AWS and Azure from Amazon and Microsoft respectively have been the leaders in this segment for a while now. The most common question that arises is which one is better?

In this article, we will be talking about how the two compare against each other.

AWS started services in 2006 and now has about 40% of the market share, whereas Azure started its services in 2010 and is not very far behind AWS with a 30% market share as of 2019. In terms of some services like licensing, Linux, etc. AWS has more efficiency being more experienced, but Azure is quickly catching up with AWS and has been able to perform certain functions better than AWS.

In terms of costing both the cloud services offer a pay as you go structure. The only difference being that AWS charges you on an hourly basis, whereas Azure charges you on a daily basis. Both Azure and AWS provide long-lasting and reliable storage services. AWS has services like AWS S3, EBS, and Glacier whereas Azure Storage Services have Blob Storage, Disk Storage, and Standard Archive. Azure has a more user-friendly interface when compared to AWS. They have specific differences in the tools they offer for different types of services like networking, computing, databases, etc. As you can see cloud services have their advantages, Azure is better for hybrid cloud and integrating with other Microsoft products and AWS offers more flexibility, but in the end it all comes down to your preferences and requirement.

Amazon Web Service (AWS) reported revenue of $9.95 billion for the last quarter of 2019 showing a growth of 34% when compared to a year earlier. AWS has been a huge contributor to Amazon’s sales growth. AWS revenue made up almost 11% of Amazon’s total revenue. AWS is the leader in the cloud service sector with 32.4% of the market share as of 2019.

While Amazon specifies its revenue for AWS, Microsoft only reports the growth rate. Azure’s revenue in the last quarter of 2019 grew by 62% over the previous quarter. Their estimated revenue from Azure for 2019 was about $13 billion, which was a 72% increase over the previous year’s estimate of $7.56 billion. Azure forms a part of Microsoft’s Intelligent Cloud business, which grew by 27%. Azure’s market share as of 2019 was around 15%. The lack of clarity around Microsoft’s financials makes it difficult to directly compare it to AWS or any other cloud service. A big victory for Microsoft was the $10 billion dollar JEDI contract, although AWS is actively protesting the contract with claims of political interference.

AWS is the clear leader in the public cloud service sector owing to the fact that they are one of the pioneers in this industry and had a head start of almost five years over the other big players in the market.

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