Global Distributed Cloud market is witnessing astronomical growth in the past few years owing to the factors such as burgeoning adoption of disruptive technologies such as AI and IoT, escalating investment in cloud technologies by most of the organisation along with ongoing deployment of autonomous vehicles and surging adoption of intelligent transport system. Moreover, growing need of high-end security, increasing digitization and automation among end-user and rising investment by the organisation in IT infrastructure are the factors anticipated to propel the demand for distributed cloud in the forecast period.
According to MarkNtel Advisors’ research report “Global Distributed Cloud Market Analysis, 2020”, the Global Distributed Cloud market is anticipated to grow at a CAGR of around 25% during 2021-26F. The COVID-19 pandemic has an optimistic impact on the market growth as the demand for cloud services combined with remote access to support businesses have grown substantially. However, the market is projected to fuel in the near future due to surging cloud adoption by small and medium business.
“Global Distributed Cloud Market Analysis, 2020” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for Distributed Cloud providers across the Globe. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitor's capabilities on 16 parameters. This will help companies in the formulation of Go to Market Strategies and identifying the blue ocean for its offerings.
Asia-Pacific Acquired the Majority Share
Asia-Pacific acquired the majority share in the market in 2019. China, India and Japan are the fast emerging as a hub for distributed cloud services in Asia-Pacific. The increasing demand for distributed cloud from telecommunication service providers, burgeoning spending by the enterprise in IT infrastructure and surging footing of the giant key player the region is the driving factor anticipated to upsurge the growth of the Distributed Cloud Market in the forthcoming period as stated in MarkNtel Advisors’ research report “Global Distributed Cloud Market Analysis, 2020”.
According to MarkNtel Advisors’, the key players with a considerable market share in the Global Distributed Cloud market are Amazon Web Services, Digital-Ocean, Rackspace, Alibaba Cloud, Liquid Web, Microsoft Azure, Google Cloud Platform, VMware,Oracle Cloud, VeriZon Cloud, Navisite, IBM Cloud, Open Nebula, Cloud Sigma, Dell Cloud etc.
Key questions answered in the study: