Distributed Cloud Market Will Generate Record Revenue by 2031


Posted October 4, 2024 by Tan8121

The global distributed cloud market is anticipated to grow at a CAGR of 22.8% during the forecast period (2024-2031).

 
The global distributed cloud market is anticipated to grow at a CAGR of 22.8% during the forecast period (2024-2031). The global market is anticipated to grow at a significant rate owing to several factors which includes, enhanced network reliability and availability, reduced infrastructure costs, and improved cost-effectiveness, increasing demand for improved data Gravity, and Latency Concerns. Hence, the key market players are continuously focusing on developing advanced platforms offering benefits including improve data gravity

For instance, In August 2023, Oracle Corp launched Oracle Compute Cloud Customer, a rack-scale cloud infrastructure that enables organizations to use Oracle Cloud Infrastructure (OCI) compute services in remote locations. OCI's software stack can develop, deploy, secure, and manage workloads as small as one rack.

In June 2023, T-Mobile Inc., collaborated with Google, LLC, to help businesses across various verticals, such as manufacturing, logistics, and retail to implement 5G capabilities in their businesses. The companies collaborate for T-Mobile US, Inc.’s 5G Advanced Network Solutions (ANS) and Google LLC, Google Distributed Cloud Edge to allow businesses to discover innovative connected experiences.

In May 2023, Rakuten Symphony, Inc., partnered with Google LLC, to offer Rakuten Symphony's SymcloudTM platform, the KUBERNETES data management, and software-defined storage platforms for enterprise applications and 5G Edge solutions. All operations, apps, or networks will be regulated by a centralized cloud management solution, Organizations can profit from selecting numerous cloud infrastructures and data centers that satisfy their customers' requests without adding complexity.

In May 2022, F5 Inc., partnered with SoftBank Corp to implement Multi-access Edge Computing (MEC) in Japan to host and protect MEC applications for use cases such as smart buildings, IoT, gaming, and smart retail. As a result, the emergence of the distributed cloud has expedited cloud adoption among large organizations.

To Request a Sample of our Report on Distributed Cloud Market:  https://www.omrglobal.com/request-sample/distributed-cloud-market

Market Coverage

The market number available for – 2023-2031
Base year- 2023
Forecast period- 2024-2031

Segment Covered- 

By Application
By Service
By End-Use

Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World

Competitive Landscape- includes, Alibaba Group, Amazon Web Services, Inc., CloudSigma AG, DigitalOcean, Inc., F5, Inc., IBM Corp., and Oracle Corp., among others.

Distributed Cloud Market Report Segment

By Application 

Edge Computing
Content Delivery
Internet of Things (IoT)

By Service

Data Security
Data Storage
Networking

By End-Use 

BFSI
Healthcare
IT & Telecom
Government & Defense
Others (Media & Entertainment, Energy & Utilities, Retail & E-Commerce and Manufacturing)

A full Report of Distributed Cloud Market is Available @  https://www.omrglobal.com/industry-reports/distributed-cloud-market

Distributed Cloud Market Report Segment by Region

North America                                                                                                           

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America
Middle East and Africa

Company Profiles

Alibaba Group
Amazon Web Services, Inc.
CloudSigma AG
DigitalOcean, Inc.
F5, Inc.
Integration Appliance, Inc
Oracle Corp.
Pivotal Inc
Rackspace Technology
Salesforce, Inc.
Teradata Corp.
VMware, Inc.

Reasons to buy from us –

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/distributed-cloud-market

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

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Last Updated October 4, 2024