Microsoft Azure Statistics: Success In The Making

Cloud storage is a data storage for mobile and computer devices; it helps your computer store digital data using servers in off-site locations and is usually maintained and sustained by a third-party provider. They are traditionally responsible for securing, managing, and hosting data stores on their infrastructure. 

Microsoft Azure is the new trend for cloud storage this 2023. With 200 products and cloud services, this platform will make people’s lives easier. You can run, build, and manage the applications using the frameworks and tools of your choice. 

Speaking of Microsoft Azure, what is its place in the market size? Are they getting more considerable revenue each year? This article will reveal statistics and other numbers you should know about this cloud storage. 

Editor’s Choice

• As of 2022, the Azure Active Directory has recorded 722.22 million users.
• Azure recorded the most significant market share in cloud services during 2020 at around 31%.
• Microsoft Azure only had a 1% market share in the web hosting industry in 2021. 
• The current revenue of Microsoft Azure is $75.3 billion as of 2022.
• Verizon is Microsoft Azure’s top customer.
• Azure has 65.11% male and 34.89% female users.
• People aged 25-34 are the most popular age group who uses Azure.
• 27,751 websites in the United States use Microsoft Azure services.

Statistics on Azure 2023 

Microsoft Azure has been rapidly growing to help different enterprises achieve their growth.  As of 2022, the Azure Active Directory has recorded 722.22 million users. This shows how people see the benefit of Azure in data recovery, backup machines, and many more. 

Let us look at other Azure statistics here:

Azure Market Size Statistics

Like any other Microsoft service, Azure is a well-known cloud storage worldwide. Many companies have discovered the benefits of this cloud platform. 

Azure has solutions such as PaaS, SaaS, and Infrastructure as a Service, which make people use it. These are useful for networking, storage, analytics, and virtual computing. 

These are some of the numbers regarding the market size statistics of Azure:

1. Azure has recorded the most significant market share in cloud services during 2020, with 31%.

(Sign House, Statista)

The most significant market share recorded for Azure was in 2020, with 31%. They gained about 5% compared to their market share percentage two years before. These are the market share information you should know about Azure:

• 2018 - 26%
• 2019 - 16.9%
• 2020 - 31%
• 2021 - 20%
• 2022 - 21%
• 2023 - 26%

The last recorded market share made them the second largest cloud service provider next to Amazon Web Services. 

 2. Microsoft Azure's market share is only 1% for the web hosting industry as of 2021.

(Statista, Microsoft, Capacity)

The 1% Microsoft Azure market share in web hosting seems small. But, this 1% has an estimated worth of $168.1 billion. 

This means that this 1% figure shows Azure already had a billion-dollar revenue in 2021. With this figure, they continued to strive last 2022. In the same year, Azure has grown by 40% already. According to Canalys, Azure and Google compete in the cloud industry with fast growth. 

3. Azure Blockchain Workbench has 5.07% of the blockchain market share. 

(Statista, Microsoft)

Azure does not only provide cloud services. They also entered the world of Blockchain, which is a tool to fight digital piracy. People have used this benefit, gaining a 5.07% blockchain market share. 

This step made them acquire more revenue for the company. 

Microsoft Azure Revenue Statistics

According to a recent report from Microsoft, they recorded the highest generated revenue in 2022. It includes cloud services such as public, private, and even hybrid server products. 

Here is some relevant information regarding Azure’s revenue:

4. Microsoft Azure had $75.3 billion in revenue in 2022.

(Statista, Microsoft)

Since 2017, Azure’s revenue almost doubled in 2022. Back then, they only had $27.5 billion in revenue, and as the years went by, these numbers continued to increase. These are Azure’s revenue by year:

• 2017: $27.5 billion
• 2018: $32.3 billion
• 2019: $39.1 billion
• 2020: $48.4 billion
• 2021: $60 billion

The statistics show how Azure has been doubling its effort every year to increase their revenue.  Microsoft tried to expand its cloud productivity while reducing its cost. They improve it as “more value for less price means you win” so they can create more customers. 

5. Verizon company is the top subscriber of Microsoft Azure.

(Contino)

According to the data, Verizon is one of the top Azure customers. With an annual contract of $79.9 million. Next to it is the:

• MSI Computer ($78 million), 
• LG Electronics ($76.7 million), 
• Century Link ($61.9 million), and 
• NTT America ($48.7 million).

Azure offers their customer to store structured No SQL data in the cloud. They also provide storage for flexible datasets like user data for address books, web applications, and other types of metadata. 

These features are why companies trust Azure with their information and details. 

6. 486,738 companies benefited from Microsoft Azure.  

(Statista)

Almost 70% of organizations worldwide have used Microsoft Azure since 2015. In the data, 487,738 companies have used this for their every operation. Microsoft also claims that its platform is used by 85% of Fortune 500 organizations. 

These companies and organizations have seen how Azure can benefit their operations. The percentage can be good evidence so other companies can know the benefits of Azure’s cloud services. 

Azure Demographic Statistics

Microsoft Azure has been used by many. From the report, males mostly used Azure more than females. It is also primarily used by people from 25 to 34 years old.

You can check the exact Microsoft Azure usage statistics here:

7. Azure has 65.11% male and 34.89% female users. 

(Similar Web)

Male users are 30.22% higher than female users. Azure has 65.11% male users and 34.89% female users. Statistics show that there are more male Microsoft Azure users than females. 

In the tech industry, there are more men than women employees. These statistics are essential so Azure can determine which industry they use most. 

8. People aged 25-34 are the most popular age group who uses Azure.

(Similar Web)

Azure is mainly used by people between the ages of 25 and 34, with 32.38%. Other users following this age group are:

• 25.49% from 15 to 24 years old
• 19.02% from 35 to 44 years old
• 11.58% from 45 to 55 years old
• 7.00% from 55 to 64 years old
• 4.53% of 65 years old and above

The highest age group statistics mean that the younger generation copes with modernity. People, especially those who are professionals, use Azure for their work. 

9. 27,751 websites in the United States use Microsoft Azure services. 

(Similar Tech)

Microsoft Azure users are primarily in the United States. 27,751 websites in the United States use Microsoft Azure services. Next is the:

• United Kingdom (8,411 websites) 
• Japan (5,641).

Azure Trends Statistics 

Azure continues to evolve and expand its features. They offer businesses and individuals a wide range of services and tools to help them enhance their digital operations. According to some articles and reports, they are accelerating in healthcare, banks, insurance, and other industries. 

Now that you know Azure’s market size, demographic, and revenue, we’ll look at its current updates. 

10. Microsoft deployed HPC clusters on Azure which contains over 1250 core graphic processing. 

(Microsoft)

Microsoft Azure has been helpful in the healthcare industry too. This year, they said that they collaborated with a leading immunotherapy company. The company deployed HPC clusters on Azure which contains over 1250 core graphic processing. 

This step is a helpful tool for the healthcare industry, especially now that the world is experiencing COVID-19. They did this so that they could leverage the capabilities of Azure HPC. It can also help them with the detailed computational analyses they need for a specific study. 

11. Microsoft Azure can detect up to 10 languages with their Azure Speech Services.

(Microsoft)

Azure has a new Continuous Language ID feature under their Azure Speech Services. This 2023, it can already detect real-time up to 10 languages continuously. It also helps people produce natural-sounding text-to-speech voices, translate spoken audio, and many more. 

With this innovation, they can help their users transcribe and translate audio content into multiple languages. 10 languages may be a small number compared to many languages worldwide. Still, starting with a language detection tool is already a good step.

12. Suncorp signed an Azure deal to store 90% of workloads in the cloud by 2024. 

(Microsoft)

Suncorp Group, an Australian corporation, just secured and signed a three-year Azure contract. This financial institution seeks to migrate its workload to the cloud by 90% in 2023. The corporation said this strategy would help them improve their service by rescuing costs and maximizing digital tools. 

Final Thoughts 

Microsoft Azure is little known, unlike its counterparts. Google Cloud and other cloud services have established their name in the industry. Despite this, Microsoft is still striving to achieve better cloud services.

Several reports have seen a significant increase in Microsoft Azure’s growth because of its advantages. With features like real-time analytics, secured storage, and many more, Azure will for sure see its success in the future. 

Indeed, this cloud computing solution will significantly help many companies and organizations. These statistics show Azure can match the worldwide cloud industry well.