Google Revenue from Cloud Services
Net Revenue of Google From Cloud Services 2017-2019
Amounts are in millions.
|Year||Cloud Revenue ($mn)|
The Cloud revenue of Google grew to $8.92 billion in 2019 from $5.84 billion in 2018. In 2019, cloud revenues of Google were 5.5% of its annual net revenue compared to 4.3% in 2018.
Google is the leading search engine in the world with the largest market share. Its core source of revenue is digital advertising where it leads the industry. The parent company of Google is Alphabet which also operates other businesses (collectively termed as other bets) apart from Google. Google is the largest business segment of Alphabet which has enjoyed revenue growth from cloud as well as YouTube ads in recent years. The company has its headquarters in Mountain View, California, United States. The CEO of Alphabet is Sundar Pichai.