Distributed Cloud Market Will Generate Record Revenue by 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.

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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.

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