Why is AWS so popular?
Depending on who you ask, some estimates peg the global cloud computing market at around 545.8 billion USD in 2022, growing to about 1.24 trillion USD by 2027. This implies a Compound Annual Growth Rate (CAGR) of around 17.9% for the period.
There are multiple reasons why the cloud market is growing so fast. Some of them are listed here:
- Elasticity and scalability
- Security
- Availability
- Faster hardware cycles
- System administration staff
In addition to the above, AWS provides access to emerging technologies and faster time to market. Let’s look at the most important reason behind the popularity of cloud computing (and, in particular, AWS) first.
Elasticity and scalability
The concepts of elasticity and scalability are closely tied. Let’s start by understanding scalability. In the context of computer science, scalability can be used in two ways:
- An application can continue to function...