Insights Into The Distributed Cloud Market’s Growth Opportunities Through 2023-2032 – Includes Distributed Cloud Market Strategy
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
The adoption of distributed cloud by end-user industries are expected to drive innovation in distributed cloud manufacturing, thus driving the market during the forecast period.
The global distributed cloud market is expected to grow from $3.38 billion in 2022 to $4.01 billion in 2023 at a compound annual growth rate (CAGR) of 18.6%. The distributed cloud market size is expected to grow to $7.73 billion in 2027 at a CAGR of 17.8%.
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Global Distributed Cloud Market Segments Include:
- By Type:Public-Resource Computing, Volunteer Cloud Computing
- By Service Type:Data Security, Data Storage, Networking, Autonomy, Other Service Types
- By Enterprise Size:Large Enterprises, Small and Medium-Sized Enterprises
- By Application:Edge Computing, Content Delivery, Intelligent Transportation, Other Applications
- By Industry Vertical:Banking, Financial Services and Insurance, Government and Defence, Retail and E-Commerce, Healthcare, IT and Telecom, Manufacturing, Media and Entertainment, Other Industry Verticals
- By Geography:The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global distributed cloud market in 2021.
Major Market Players in the distributed cloud market include Alibaba Cloud, Amazon Web Services Inc., CloudSigma AG, DigitalOcean LLC, International Business Machines Corporation, Microsoft Corporation.
Technological innovation is a key trend gaining popularity in the distributed cloud market. Major companies operating in the distributed cloud market are focused on providing innovative solutions to strengthen their position. For instance, in February 2022, F5, Inc., a US-based company specializing in application security, multi-cloud management, online fraud prevention, and application delivery networking (ADN) launched a Distributed Cloud Web Application and API Protection (WAAP), an innovative software as a service (SaaS) offering that safeguards apps and APIs distributed across clouds and edge sites. Distributed Cloud WAAP is a multi-layered solution that offers web application firewall (WAF) capabilities with distributed denial-of-service (DDoS) mitigation, bot defense, and API protection. It provides strong security capabilities and a streamlined set of controls to manage the capabilities to protect apps and APIs from a variety of threats and fraud by merging formerly disparate features into a conveniently deployed as-a-service solution. Customers can deploy, protect, and run their applications in a cloud-native environment wherever it is required in a data center, across several clouds, in a hybrid cloud, or at the enterprise edge, using the F5 Distributed Cloud Platform.
The Distributed Cloud Global Market Report 2023 provides a distributed cloud market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The distributed cloud market forecast analyzes distributed cloud market size, distributed cloud market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Distributed cloud refers to an architecture where multiple clouds are used to satisfy performance requirements, compliance needs, and edge computing concerns while being centrally managed from the public cloud provider. In a distributed cloud, services are situated or distributed to certain places to minimize latency, and these services benefit from a single, standardized command post across public and private cloud environments.
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