Global Distributed Cloud Market Overview:
According to MarkNtel Advisors study the Global Distributed Cloud Market is anticipated to grow at a CAGR of around 25% during the forecast period, i.e., 2021-26. The growth of the market is driven primarily by the rapid adoption of the Internet of Things (IoT), edge computing, Artificial Intelligence (AI), & telecommunications, among others, to analyze a large volume of data in real-time. These applications that move the massive amount of data from edge locations to the cloud require cloud services to be as near as possible to edge locations. Hence, shifting cloud resources to edge locations will help increase the application’s performance, owing to which the adoption of distributed cloud would increase astronomically among businesses in the coming years.
Key Findings of the Study: Distributed Cloud market
Rapid Digitalization across Most Industries Worldwide – Various end-user industries are reducing their reliance on paperwork as most organizations are rapidly digitalizing in their operations. The mounting adoption of digital systems by numerous companies is leading to the generation of large data volumes. Distributed clouds help store, share, & process massive datasets in the least possible time while providing easy data access to educational institutes, companies, & governments. As a result, the need for distributed clouds is significantly rising across different industrial verticals, thereby driving the global market.
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Scope of the Distributed Cloud Market Report Segmentation
-By Service Type
- Data Storage
- Networking
- Data Security
- Autonomy
- Others
-By Application
- Public Resource Computing
- Volunteer Cloud
- Fog/Edge Computing
- Others
-By Organization Size
- Small
- Medium
- Large
-By End User
- Automotive
- BFSI
- Healthcare
- Public Safety
- Government
- Private Organization
- Education
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Geographical analysis:
-By Region
- North America
- South America
- Europe
- Middle East & Africa
- Asia-Pacific
Geographically, North America dominates the Global Distributed Cloud Market, owing primarily to the growing digitalization across its most prominent economies, viz., the US & Canada, and the extensive presence of IT industries across North America, especially in the US. In addition, the mounting demand for data backup, data security, & data recovery management solutions among organizations and the burgeoning utilization of AI & the Internet of Things (IoT) in various applications are also driving the regional market.
Current Landscape of Distributed Cloud Market
The report delineates key market participants and thoroughly assesses their strategic approaches, trends, innovations, and manufacturing infrastructure, enabling a forecast of their market impact over the next five years. The meticulously researched data presented holds the potential to distinguish even nascent market entrants in the long term. Armed with pertinent data and actionable insights, our research report delivers a comprehensive overview of the market, empowering investors and stakeholders to establish a robust presence in the Distributed Cloud market. The research report profiles major players, including
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- Amazon Web Services
- Digital-Ocean
- Rackspace
- Alibaba Cloud
- Liquid Web
- Microsoft Azure
- Google Cloud Platform
- VMware
- Oracle Cloud
- VeriZon Cloud
- Navisite
- IBM Cloud
- Open Nebula
- Cloud Sigma
- Dell Cloud
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