Amazon AWS Could Hit $1T in Revenue by 2030, Morgan Stanley Predicts
A new report from Morgan Stanley suggests that Amazon's AWS could reach $1 trillion in revenue within 8-10 years. This projection is based on backtested results, which are not indicative of future actual results. According to TipRanks, the backtested performance reflects a strategy that has not historically been offered to investors and does not represent returns that any investor actually attained.
The report notes that Amazon's AWS revenue growth has been impressive, with the company reporting significant increases in recent years. This rapid expansion is expected to continue, driven by the increasing demand for cloud computing services.
Morgan Stanley's projection assumes that AWS will maintain its current market share and continue to expand into new markets. However, it's essential to note that backtested results have inherent limitations, as they are developed with the benefit of hindsight and may not reflect actual trading or the impact of material economic and market factors.