【Q3 2024 Global Cloud Infrastructure Service Spending Increased by 21% Year-on-Year】Jin10 Data, November 19 - Canalys released a report stating that in the third quarter of 2024, global cloud infrastructure service spending increased by 21% year-on-year, reaching $82 billion. Investment from customers in large-scale enterprise AI products drove the growth, prompting leading cloud providers to increase their investment in AI. The rankings of the three major cloud providers, AWS, Microsoft Azure, and Google Cloud, remained stable compared to the previous quarter, with these three providers accounting for 64% of total spending, and their total spending increased by 26% year-on-year. (Source: Jin10 Data)