5 Most Valuable Cloud Computing Companies

2. Amazon.com Inc (NASDAQ: AMZN)

Market cap: $1.64 trillion

Amazon is the second most valuable cloud computing company with a market cap of $1.64 trillion.  However, in terms of market share, it is the biggest Cloud company in the world. Amazon’s Cloud business, AWS, has over 34% of the total public Cloud market. In the fourth quarter, AWS revenue jumped 28% and reached $12.7 billion, up from from $9.95 billion a year earlier. AWS accounted for about 10% of the total sales of Amazon.

AWS’s biggest clients are Netflix (NASDAQ: NFLX), Baidu (NASDAQ: BIDU), Facebook (NASDAQ: FB), and ESPN. According to a CNBC report, Apple (NASDAQ: AAPL) spends over $30 million per month on AWS cloud computing services. 

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