AWS, Microsoft and Google are eating up market share from local European firms, according to data fro Synergy Research
Spending on hosting and cloud solutions totalled $12bn in the second quarter of 2020, according to Synergy Research
SaaS saw revenues grew by $100bn in the last 10 years but still only accounts for 23 per cent of the total software market
Enterprise segment grew 57 per cent in 2018, according to Synergy research
Microsoft's capex spend hits record level in Q3, with four of the five biggest players reducing spend
Synergy Research claims revenues across six key cloud segments grew by 25 per cent in the 12 months to September 2016