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Global cloud revenues reached half a trillion Dollars in 2022
Public cloud providers spent US$120 billion on building, leasing and equipping their data centre infrastructure throughout last year.
By João Marques Lima
Founder and Editor, The Tech Capital
4 Mins
January 25, 2023 | 1:28 AM GMT
Archive photo of Google's Douglas County, Georgia data centre. Source: Google Cloud
The main public cloud service and infrastructure markets, operator and vendor revenues for 2022 reached US$544 billion, the first time the figure crossed the half-trillion Dollar mark.
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