Updated
Updated · CRN · Aug 6
Google Cloud Reaches 15% Share in Q2 as AWS Slips to 28%
Updated
Updated · CRN · Aug 6

Google Cloud Reaches 15% Share in Q2 as AWS Slips to 28%

3 articles · Updated · CRN · Aug 6

Summary

  • Google Cloud took a record 15% of global cloud infrastructure spending in Q2 2026, up from 13% a year earlier, while AWS fell to 28% from 30%.
  • Synergy said AI is driving the shift and the broader market’s acceleration: global enterprise cloud spending hit $143 billion, up 43% year over year, the fastest growth in eight years.
  • Google Cloud posted $24.8 billion in Q2 revenue, up 82%, outpacing AWS’s $42.2 billion revenue growth of 37% and Microsoft’s Intelligent Cloud growth of 32% to $39.3 billion.
  • Microsoft held the No. 2 position at 20% share, leaving AWS, Microsoft and Google with a combined 67% of global enterprise cloud infrastructure spending.
  • GenAI-specific cloud services are growing 165% year over year, Synergy said, underscoring how AI demand is reshaping competitive positions across the cloud market.

Insights

As AI drives a massive $143 billion cloud surge, are hidden GPU costs quietly draining enterprise budgets behind the scenes?
With Google Cloud rapidly narrowing AWS's lead, could specialized AI neoclouds ultimately disrupt the dominance of the top three hyperscalers?