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IoT Analytics recently released the Cloud Computing for IoT Market Report 2021-2026, which provides insights into the current state and trends of the IoT Cloud Computing Market. The report found that the three leading global hyperscalers (AWS, Microsoft, and Google Cloud) hold more than 80% market share for global public cloud services specifically for IoT workloads. AWS had the first-mover advantage, introducing public cloud services in 2006 and adding IoT-specific services in 2015. Microsoft Azure and Google Cloud Platform have since managed to overtake AWS as the market leader for IoT-specific services. Managing billions of IoT devices requires a set of dedicated cloud services, which are classified into three main categories.