Distributed Cloud Market Rising Trends, Demands and Business Outlook 2021-2031

An increase in the use of mobile technology, rise in requirements for minimum data recovery, the surge in the use of digitization, higher workload and data processing, and better data recovery are the major drivers for the growth of the market.

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In addition, the ability of public cloud services to transition to better-distributed cloud computing with high security drives the distributed cloud market growth. However, security concerns may hinder market expansion.

In addition, the adoption of cloud technology, the launch of new products, and an increase in government involvement in the implementation and promotion of cloud technology are expected to boost market growth.

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The distributed cloud industry is segmented into Type, by Application, Enterprise Size and Industry Vertical.

On the basis of type, the market is segmented into software public-resource computing and volunteer cloud computing. According to organization size, it is fragmented into large enterprises and SMEs. Depending on application, the market is segregated into edge computing, content delivery, intelligent transportation, and others.

By industry vertical, the market is segmented into BFSI, healthcare, retail & E-commerce, manufacturing, IT & telecom, energy & utilities, media & entertainment, government & defense and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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Some of the major players in the market are Alibaba Cloud, Amazon Web Services Inc., Axway, CloudSigma AG, Databricks, DigitalOcean, LLC, Google, IBM, Liquid Web, LLC, MassiveGRID Inc., Microsoft Corporation, Oracle Corporation, Rackspace Technology, Salesforces Inc., SAP SE, Verizon, and VMware Inc. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.

By application, edge computing segment dominated growth of the distributed cloud market share in 2021, and is expected to maintain its dominance in the upcoming years due to rise in number of intelligent applications adopting distributed cloud.

However, the intelligent transportation segment is expected to grow at the highest CAGR during the forecast period. Due to adoption of distributed cloud for faster data insights and integration of automation technologies to improve customer experience.

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North America dominates the distributed cloud industry. Growth of the market in this region is attributed to several factors such as increase in digitalization and adoption of distributed cloud solutions by various sectors such as manufacturing, BFSI, and governments. Moreover, presence of key players provides ample growth opportunities for market growth.

However, Asia-Pacific is expected to witness highest growth rate during the forecast period due to adoption of distributed cloud by number of SMEs in the region for cost-effectiveness and expansion of digital infrastructure in developing countries such as India and Singapore in the region.

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