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Amazon (NASDAQ: AMZN) reported a 17% year-over-year increase in Amazon Web Services (AWS) sales for Q1 2025, which contributed 63% to the company’s total operating income. AWS holds a dominant 30% share of the global cloud market, surpassing Microsoft Azure’s 21%, according to Statista.
Amazon plans to invest over $100 billion in AI this year as part of its strategy to maintain its leadership in cloud services. Gartner predicts a 21.5% increase in cloud spending in 2025, with 90% of companies expected to adopt a hybrid cloud strategy by 2027. With its extensive range of services, Amazon is well-positioned to capture a significant share of this growth.
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