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Amazon leads the Infrastructure as a service (IaaS) market, with its AWS offering which posted revenues of about $35 billion in 2019, followed by Microsoft, IBM and Google. IaaS provides storage, compute and related services to companies for hosting applications and services.Dropbox is the largest independent player in the consumer storage market, with $1.7 billion in revenues in 2019, followed by Docusign and Box which posted roughly $680 million and $608 million in revenues, respectively.Microsoft likely leads the Software as a service (SaaS) space with its Intelligent Cloud offering which includes revenues from Office 365, followed by Salesforce and ServiceNow. SaaS refers to software which is typically delivered through the internet, via a subscription.
Microsoft's Intelligent Cloud division includes revenues from Office 365 and other software, which likely account for a majority of the divisions revenue.
IBM's Cloud & Cognitive Software revenue also includes revenues from cognitive software, apart from cloud infrastructure revenues.
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