Amazon, Microsoft, and Google control over 70 percent of the European cloud market, giving three U.S. tech giants effective control over European websites’ ability to stay online.
The dominance of the three American companies comes from their massive growth, which has eclipsed that of local providers, according to data from market research firm Synergy Research Group.The company’s chief analyst told the Register that the dominant companies have consolidated their grip on the market by investing sums into their service that competitors can’t match.
In contrast, the big three sucked in 72 percent of enterprise spending on cloud in Q2. “The top three really are in a league of their own,” John Dinsdale, chief analyst at Synergy, told The Register.
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