May 25, 2021
According to the research report titled ‘Global Distributed Cloud Market Analysis, 2021’, available with Market Study Report, global distributed cloud market is projected to register a year-over-year growth rate of 25% during the forecast period 2021-2026.
As per the report findings, global distributed cloud market is largely driven by growing demand for data-driven technologies such as artificial intelligence, Internet of Things, across various industries such as BFSI, automotive, along with rising adoption of microservice-based software development.
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Based on end-user scope, global distributed cloud market is categorized into BFSI, automotive, public safety, healthcare, private organization, government, and education. Among these, BFSI segment attained significant industry share in the recent past and will likely record strong gains in the upcoming years. Rising penetration of public cloud-based services in financial institutions and banks, increasing cases of financial crimes, rapid digitalization, and growing inclination towards advanced technologies are fostering the segmental growth.
Proceeding further, the other key segments covered in the report are service type (networking, data storage, autonomy, data security), application (volunteer cloud, public resource computing, fog/edge computing, others), and organization size (large, medium, small).
Considering the geographical landscape, key contributors to global distributed cloud market remuneration are North America (U.S., Canada, Mexico), South America (Brazil, Argentina), Europe (Germany, Italy, France, U.K., Netherlands, Spain), Middle East & Africa (Middle East, Africa), and Asia Pacific (India, Japan, China, Australia, South Korea).
With respect to the competitive arena, Dell Technologies Inc., Cloudsigma Holding AG, OpenNebula Systems, IBM Corp., Navisite Inc., Verizon Communications Inc., Oracle Corp., VMware Inc., Google LLC, Azure, Liquid Web, Alibaba Cloud, Rackspace Technology Inc., DigitalOcean Inc., and Amazon Web Services Inc. are the top contenders in global distributed cloud market sphere.