Alibaba Group once again ranked third in the global Infrastructure as a Service (IaaS) market and first in the Asia Pacific region for the third consecutive year, according to Gartner. This was confirmed in the leading global research and advisory firm’s latest report Market Share: IT Services, Worldwide 2020.
Alibaba Group’s market share in the global IaaS market climbed to 9.5 percent in 2020, up 8.8 percent from 2019, according to the report. The report also showed Alibaba Group’s position in various vertical sectors in 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 percent in 2020 from 18.8 percent in 2019, holding the number one share in the education vertical sector in 2020.
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