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Amazon CEO: AWS Could Grow Into a Trillion-Dollar Revenue Business Within 5 to 10 Years
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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