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Microsoft Azure Revenue, Growth & Other Fascinating Statistics
Azure generated about $75.3 billion revenue in 2022
7 min. read
Updated onJanuary 22, 2024
updated onJanuary 22, 2024
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Key notes
Microsoft Azure is one of the growing leaders in the market of cloud services platforms. It provides basic and advanced cloud hosting services like virtual machines, machine learning, Kubernetes, and more.
Microsoft announced Azure inOct 2008and launched it on February 1, 2010, asWindows Azure(later renamed it Microsoft Azure onMarch 25, 2014).
It was behind its competitors Amazon Web Services (2006) and Google (2008) and had much catching up to do.
However, with years passing by, it has become one of the deserving competitors in the cloud computing market.
This guide will provide a detailed overview of Microsoft Azure, including revenue, user base, market share, and other statistics.
What percent of Microsoft is Azure? (Revenue and growth)
As perMicrosoft’s recent report, Microsoft Azure has generated the highest-generated revenue,$75.3billion in 2022, which is commendable, given its rocky start and already established competitors.
If we compare the cloud services revenue from 2017, Azure was only able to generate$27.5billion, which is only36.5%of 2022 revenue. This is not a sudden growth; let us check the revenue generated for the last six years to understand more:
According to thequarter (ended March 31, 2023), results released by Microsoft, Azure, and other intelligent cloud services provided by the company is27%.
In2020, the cloud computing platform recorded itshighest worldwide market share, i.e.,31%, indicating a sudden spike compared to the numbers recorded for 2018, 2019. Let us have a look at the same:
With the latest market share recorded, this cloud computing company became the second-largest cloud service provider, with only AWS standing in the way.
How many people are using Microsoft Azure?
According to Azure Active Directory, in2022, there were722.22million Azure users, of which40%of users are from theUnited States of America. Let us see the growth in numbers:
According to statistics by Microsoft, Azure is used by65.11%of male and34.89%of female users, which means30.22%of men use Azure more than women. These statistics could be accurate, given that there are more male than female employees in the tech industry.
27,751websites in theUnited Statesuse Microsoft Azure services, followed by TheUnited Kingdomwith8411websites, andJapanwith5641websites.
Fun fact if you have paid Office 365 subscription, then you are using Azure services, and Microsoft 365 uses Azure Active Directory (Azure AD) to manage user identities behind the curtain.
How many companies are using Microsoft Azure? (Azure market share)
98%of tech companies worldwide use cloud services in one way or another. According to areport on Statista,486,738companies are dependent on Microsoft Azure for its cloud services.
Also, since 2015, about70percent of organizations globally have used Azure once for their services. The most used services offered by the company are machine learning and artificial intelligence, data management, developer tools, and Internet of Things apps.
If we talk about the industries, the cloud platform is mainly used by Information Technology and Retail, followed by Computer software, Construction, and Automotive.
If we talk about the top countries using Microsoft Azure, it is theUnited Stateswith40%, followed by theUnited Kingdomwith8%.
According to areport by Enlyft,63%of companies using Microsoft Azure aresmall, with less than50employees,26%are medium-sized, and11%are with employee strength is approx1000.
Microsoft Azure allows its customers to save structured NO SQL data on the cloud and provides storage for flexible datasets such as web apps, address books’ user data, and more, making the companies trust the company.
According to areport on Contino, Verizon is one of the top Microsoft Azure customers. It has a yearly contract of$79.9with the company, followed by MSI Computer, LG Electronics, Century Link, and NTT America.
Looking further, you will understand that some giant sea fishes, like Starbucks, Sears, Jeep, and Volvo, use Microsoft Azure for hosting.
What is the geographical distribution of Azure users
According tostatistics from similarweb, the average user base of Microsoft Azure lies between the age of25-34, which is32.38%of the market. Other age groups’ share is as follows:
The platform is usually used in the United States, as stated earlier, with93.53 %of users accessing it via desktop; let us check the numbers in detail
According to aSemrush report, the average time spent per visit on the cloud computing platform is 25 minutes, 31 seconds.
As per the traffic generated on azure.com, theUnited States, with18.20%, is leading, followed byIndiawith7.76%,Brazilwith5.44%, theUnited Kingdomwith4.89%, andPolandwith3.97%.
What products and services does Microsoft Azure have?
From virtual machines, SQL database, Cosmos DB, App Service, and Azure Data Factory,Azure Storage Explorerto Event Grid, Microsoft Azure has several products and cloud-based services to offer; some of the popular ones are listed here:
Is Azure a future-proof company?
Even though Microsoft Azure started a little late in the race, compared to Amazon Web Services, and Google Cloud platform, it has come far.
In 2019 Microsoft signed a10 billion dollar contractwith the Pentagon to provide cloud computing services. The company has also won huge deals with NBA & BlackRock.
With the latest numbers and revenue indicators, it seems the company is doing well, and with more organizations putting their trust in cloud computing services, there is scope for more.
To conclude, Microsoft Azure statistics show that it is one of the popular cloud platforms which has come to stay, and its revenue growth, increased userbase, and impact on different industries are evidence of the same.
If you encounter issues on Microsoft Azure, likeAzure Directory sign-in issues, we recommend you check out this guide to find easy solutions.
Please feel free to give us any information, tips, and your experience with the subject in the comments section below.
More about the topics:Azure,Microsoft Azure
Srishti Sisodia
Windows Software Expert
Srishti Sisodia is an electronics engineer and writer with a passion for technology. She has extensive experience exploring the latest technological advancements and sharing her insights through informative blogs.
Her diverse interests bring a unique perspective to her work, and she approaches everything with commitment, enthusiasm, and a willingness to learn. That’s why she’s part of Windows Report’s Reviewers team, always willing to share the real-life experience with any software or hardware product. She’s also specialized in Azure, cloud computing, and AI.
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Srishti Sisodia
Windows Software Expert
She is an electronics engineer and writer with a passion for technology. Srishti is specialized in Azure, cloud computing, and AI.
