Distributed Cloud Market and 10 Year Forecast Report 2021-2031 - Growing Demand for Low Latency Solutions and Greater Scalability
Distributed Cloud Market Size and Forecast 2021 - 2031
Dublin, Oct. 22, 2024 (GLOBE NEWSWIRE) -- The "Distributed Cloud Market Size and Forecast 2021 - 2031, Global and Regional Share, Trend and Growth Opportunity Analysis Report Coverage: By Application, Service, Enterprise Size, Industry Vertical and Geography" report has been added to ResearchAndMarkets.com's offering.
The distributed cloud market was valued at US$ 4.87 billion in 2023 and is expected to reach US$ 15.72 billion by 2031; it is estimated to record a CAGR of 15.8% from 2023 to 2031.
Increased use of mobile technology, rise in demand for data recovery, surge in digitization, and the need for higher workload and data processing capabilities are key factors influencing the distributed cloud market.
Furthermore, the ability of public cloud services to seamlessly transition to distributed cloud computing while maintaining robust security measures Contributes to the distributed cloud market expansion. However, security concerns may hinder the growth of the market. On the other hand, the adoption of cloud technology, the launch of new products, and increased government involvement in the enactment and promotion of cloud technology are expected to boost distributed cloud market growth further.
As data theft incidents continue to rise, organizations are becoming increasingly concerned about data security and privacy. This growing concern has become a key driver for the adoption of distributed cloud systems. Distributed cloud systems offer enhanced data security through multiple layers of authorization and permission steps. By dispersing data across multiple locations and utilizing a centralized cloud platform, distributed cloud systems provide an additional layer of security against unauthorized access and potential data breaches. This heightened level of security not only instills confidence in organizations but also opens up new avenues for distributed cloud market expansion.
As businesses seek robust solutions to protect their sensitive data, the demand for distributed cloud systems is expected to increase. Organizations can leverage the advanced security features of distributed cloud systems to mitigate the risks associated with data theft and privacy breaches. This, in turn, helps build trust with customers, partners, and stakeholders who are increasingly concerned about the security and privacy of their data.
Distributed cloud systems provide organizations with greater control over their data, enabling them to customize access permissions and define specific security protocols. This level of control ensures that sensitive information remains secure, even in multi-cloud or hybrid-cloud environments. By addressing data security and privacy concerns, distributed cloud systems not only provide organizations with peace of mind but also position themselves as a reliable and trustworthy solution in the distributed cloud market.
Reasons to Buy:
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the distributed cloud market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations such as specific country and segmental insight highlights crucial progressive industry trends in the distributed cloud market, thereby allowing players across the value chain to develop effective long-term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth market trends and outlook coupled with the factors driving the market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
Key Attributes:
Report Attribute | Details |
No. of Pages | 152 |
Forecast Period | 2023 - 2031 |
Estimated Market Value in 2023 | 4.87 Billion |
Forecasted Market Value by 2031 | 15.72 Billion |
Compound Annual Growth Rate | 15.8% |
Regions Covered | Global |
Key Topics Covered:
1. Introduction
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
4. Distributed Cloud Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.3.1 Distributed Cloud Providers
4.3.2 End Users
4.3.3 List of Vendors in the Value Chain
5. Distributed Cloud Market - Key Market Dynamics
5.1 Distributed Cloud Market - Key Market Dynamics
5.2 Market Drivers
5.2.1 Growing Demand for Low Latency Solutions and Greater Scalability
5.2.2 Increasing Implementation of Cloud Computing Services
5.3 Market Restraints
5.3.1 Management of Complex Distributed Cloud Infrastructure
5.3.2 Higher Deployment Cost
5.4 Market Opportunities
5.4.1 Increasing Use of Advanced Technologies and Networks
5.4.2 Deployment of 6G technology
5.5 Future Trends
5.5.1 Rising Need for Digitization
5.6 Impact of Drivers and Restraints:
6. Distributed Cloud Market - Global Market Analysis
6.1 Distributed Cloud Market Revenue (US$ Million), 2021-2031
6.2 Distributed Cloud Market Forecast Analysis
7. Distributed Cloud Market Analysis - by Application
7.1 Edge Computing
7.2 Content Delivery
7.3 Internet of Things
7.4 Others
8. Distributed Cloud Market Analysis - by Service
8.1 Data Security
8.2 Data Storage
8.3 Networking
8.4 Others
9. Distributed Cloud Market Analysis - by Enterprise Size
9.1 Large Enterprise
9.2 SMEs
10. Distributed Cloud Market Analysis - by Industry Vertical
10.1 BFSI
10.2 Healthcare
10.3 Retail and E-commerce
10.4 Manufacturing
10.5 IT and Telecom
10.6 Energy and Utilities
10.7 Media and Entertainment
10.8 Government and Defense
10.9 Others
11. Distributed Cloud Market - Geographical Analysis
12. Competitive Landscape
12.1 Company Positioning & Concentration
12.2 Heat Map Analysis by Key Players
13. Industry Landscape
13.1 Overview
13.2 Market Initiative
14. Company Profiles
Amazon Web Services
Google
IBM
Oracle
Microsoft
Rackspace Technology Inc
Broadcom Inc
Databricks Inc
Salesforce Inc
Alibaba Cloud
For more information about this report visit https://www.researchandmarkets.com/r/mr9wfd
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