AI Demand and Cloud-Native Growth Drive 22% Surge in Global Cloud Infrastructure Spending in Q2 2025

Canalys (part of Omdia) reported that global spending on cloud infrastructure services reached US$95.3 billion in Q2 2025, a 22% year-on-year increase. This marked the fourth consecutive quarter with growth exceeding 20%, driven by rising AI consumption, renewed legacy workload migrations, and cloud-native enterprise scale-ups. The top three cloud providers—Amazon Web Services (AWS), Microsoft Azure, and Google Cloud—maintained their rankings, collectively accounting for 65% of global spending, with their combined customer spending growing 27% year-on-year.

AWS held a 32% market share with 17% year-on-year revenue growth, consistent with the 17–19% range observed over the past six quarters. Its growth was constrained by shortages in power and semiconductor resources, limiting computing capacity expansion. AWS reported a total backlog of US$195 billion as of June 30, up 25% year-on-year. To support AI application development, AWS launched Amazon Bedrock AgentCore and a new “AI Agents & Tools” category on AWS Marketplace in July, featuring over 800 agents and tools. In August, AWS integrated Anthropic’s Claude Opus 4.1 and OpenAI’s GPT-oss models into Amazon Bedrock and announced multi-billion-dollar investments for cloud infrastructure a...