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Home > Cloud Computing > Alibaba Group ranked third in the global IaaS market

Alibaba Group ranked third in the global IaaS market

Alibaba Group’s market share in the global IaaS market climbed to 9.5% in 2020, up from 8.8% the year earlier, according to the report.


Julide Gamze Cecen Julide Gamze Cecen
April 24, 2021
1 min read
Alibaba Group ranked third in the global IaaS market

The report showed Alibaba Group’s position in various vertical sectors in the global IaaS market including education (1st), banking and securities (3rd), utilities (3rd) and retail (3rd). Alibaba Group saw its IaaS market share in the global education industry climb to 24.3% in 2020 from 18.8% in 2019, holding the number one share in the education vertical sector in 2020.

Additional investment

The annual report once again demonstrated Alibaba Cloud’s commitment to its global strategy to grow its worldwide presence by enhancing its global infrastructure and network. Last year, the digital technology and intelligence that it will invest an additional RMB200 billion (approximately US$28 billion) in the next three years on its cloud infrastructure, focusing on technologies including operating systems, servers, chips and its network.

Jeff Zhang, president of Alibaba Cloud Intelligence
Jeff Zhang, president of Alibaba Cloud Intelligence

Jeff Zhang, president of Alibaba Cloud Intelligence said,

“It is encouraging to see Alibaba Group ranked third in the global IaaS market again. We will continue to work closely with our global partners to upgrade our solutions and technologies to become the trusted partner of choice for more customers around the world. We believe the report is also a recognition of our increased efforts in the education sector to help schools continue their lessons during the coronavirus outbreak via leveraging our digital-learning solutions.”

69 zones in 23 regions

Alibaba Cloud currently has 69 availability zones in 23 regions, serving millions of customers across the globe. In the 2020 fiscal year, it supported 38 percent of the Fortune 500 companies. It has more than 80 security and compliance accreditations worldwide.

Alibaba Cloud is the technology and public cloud platform underpinning Alibaba’s rich and diverse ecosystem, which ranges from e-commerce and payment, to logistics and supply chain management solutions. It supported $74.1 billion in transactions over an 11-day period during Alibaba’s 11.11 Global Shopping Festival last year with zero downtime.

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Tags: Alibaba
Julide Gamze Cecen

Julide Gamze Cecen

Julide is the video editor of Cloud7. Graduated from Marmara University, Faculty of Communication, Department of Cinema, she also studied professional journalism and documentary photography, published news files and photography works in many national and international publications, took roles as coordinator and assistant director in international photography organizations and cinema projects. She taught documentary cinema and documentary photography at universities and academies of fine arts, and worked as an independent documentary director. She worked as an assistant director and editor in children's and youth programs, and directed & edited in serials. Julide also worked as a project consultant and director supported by the European Union, video works of foreign education projects, coordination of promotional shoots, as well as international photography organizations for 6 years. She received awards in national and international categories for her documentary photography works. As an independent filmmaker, she produces screenplays and film projects.

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