Categories: Market Research

Global Distributed Cloud Market Size and Forecast 2024-2033|Alibaba Cloud, Amazon Web Services Inc., CloudSigma AG, DigitalOcean LLC, International Business Machines Corporation, Microsoft Corporation

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The Distributed Cloud by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

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According to The Business Research Company’s Distributed Cloud, The distributed cloud market size has grown rapidly in recent years. It will grow from $4.17 billion in 2023 to $4.99 billion in 2024 at a compound annual growth rate (CAGR) of 19.6%. The growth in the historic period can be attributed to growth in edge computing and iot applications, demand for low latency and high-performance computing, expansion of 5g networks, adoption of hybrid and multi-cloud strategies, emphasis on data sovereignty and regulatory compliance

The distributed cloud market size is expected to see exponential growth in the next few years. It will grow to $10.78 billion in 2028 at a compound annual growth rate (CAGR) of 21.3%. The growth in the forecast period can be attributed to increasing integration of artificial intelligence in distributed cloud, increased adoption in edge computing environments, growth in remote work and decentralized operations, expansion of distributed cloud for augmented reality (ar) and virtual reality (vr), emphasis on edge security and privacy in distributed cloud. Major trends in the forecast period include development of edge-native and cloud-native applications, integration of containerization and orchestration technologies, rise of decentralized cloud marketplaces and ecosystems, adoption of serverless computing in distributed cloud environments, focus on sustainability and green computing in distributed cloud solutions.

The adoption of distributed cloud by end-user industries is expected to boost the growth of the distributed cloud market going forward. A distributed cloud service is a public cloud that operates in multiple locations. This distribution of services enables an organization to satisfy extreme specific requirements for response time and performance, regulatory or governance compliance mandate, or other demands requiring cloud infrastructure to be situated anywhere other than the cloud provider’s typical availability zones. It offers benefits including increased compliance and uptime, scalability & flexibility, and faster processing, and performance. These advantages encourage organizations to adopt distributed cloud computing. For instance, in January 2023, according the data released by Google Cloud Platform a US-based provider of cloud platform for enterprises, 26% of enterprises reported using multiple public clouds in 2022, up from 21% in 2021. Therefore, the adoption of distributed cloud by end-user industries will drive the distributed cloud market.

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The distributed cloud market covered in this report is segmented –

1) By Type: Public-Resource Computing, Volunteer Cloud Computing

2) By Service Type: Data Security, Data Storage, Networking, Autonomy, Other Service Types

3) By Enterprise Size: Large Enterprises, Small and Medium-Sized Enterprises

4) By Application: Edge Computing, Content Delivery, Intelligent Transportation, Other Applications

5) 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

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 market report table of contents includes:

1. Executive Summary

2. Distributed Cloud Market Characteristics

3. Distributed Cloud Market Trends And Strategies

4. Distributed Cloud Market – Macro Economic Scenario

5. Global Distributed Cloud Market Size and Growth

26. South America Distributed Cloud Market

27. Brazil Distributed Cloud Market

28. Middle East Distributed Cloud Market

29. Africa Distributed Cloud Market

30. Distributed Cloud Market Competitive Landscape And Company Profiles

Top Major Players: