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Amazon CEO: AWS Could Grow Into a Trillion-Dollar Revenue Business Within 5 to 10 Years
36Kr1 min read
After the market close on Thursday Eastern Time, Amazon CEO Andy Jassy painted an extremely ambitious outlook for the company's AWS cloud business during Amazon's earnings call. He said: "AWS's annualized revenue has reached $184 billion, but the opportunity ahead remains enormous... We expect AWS's annual year-over-year growth rate to be above 40% in both 2027 and 2028, and it could grow into a business with trillion-dollar revenue within the next 5 to 10 years." (Caixin)
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