# Canalys: Q2 2025 cloud spend $95.3B; AWS, Azure and Google hold 65%

Date: 2025

_No public text on this fact yet._

## Drivers

- Cloud-Infrastructure Concentration: https://factrail.ai/drivers/cloud-infrastructure-concentration

## Sources

_Sources are listed on the canonical page._

## Methodology

https://factrail.ai/methodology

Canonical: https://factrail.ai/facts/canalys-q2-2025-hyperscalers-hold-65-percent