Google's Cloud Revenue grew by around 53% in 2019
Google's Cloud Revenue has grown by around 53% in 2019 compared to 2018.
Google Cloud revenue was 5.5% of the total revenue of Alphabet from the Google segment in 2019 compared to 4.3% in 2018. Alphabet has divided its business into two segments including Google and other bets. From 2018 to 2019, the cloud revenues of Google grew by around 53% or $3,080 million reaching $8.92 billion.
The cloud revenues of Google mainly include the revenue generated from cloud offerings including:
- The Google Cloud Platform (GCP) that includes infrastructure, data and analytics, and other services.
- GSuite Productivity tools and other enterprise cloud services by Google.
The GCP and GSuite offerings of Google have continued to grow stronger driving the growth of its cloud revenue. Google's infrastruture and data and analytics platform products were the main drivers of growth in GCP in 2018 and 2019.
Following table shows the cloud revenue of Google during the last three years.
|Year||Cloud Revenue||% of Google Segment Revenue|
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.