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Distributed Cloud Market

Segmentation by Service Type (Data Security, Data Storage, Networking, and Others); by Enterprise Size (SMEs, and Large Enterprises); and by End-User (BFSI, IT & Telecom, Government, Education, Retail and e-Commerce, and Others) – Global Demand Analysis & Opportunity Outlook 2031

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Report ID: 3959 | Published On: Feb 03, 2023
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Global Distributed Cloud Market Regional Synopsis

On the basis of geographical analysis, the global distributed cloud market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in Asia Pacific region is estimated to witness noteworthy growth over the forecast period on the back of growing proliferation of tech-giants in the developing nations, along with the growing IT sector in the region. For instance, the IT services industry in the APAC region is projected to reach approximately USD 240 billion by 2022.

The market in the North America region is anticipated to gain the largest market share throughout the forecast period owing to the rising adoption of cloud-based services, coupled with the increasing penetration of hybrid cloud in the region.

Distributed Cloud Market Share

The global distributed cloud market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook

  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook

  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC (Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook

  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook

  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook


Distributed Cloud Market
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Major Macro-Economic Indicators Impacting the Market Growth
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Research and Development Expenditure (% of GDP), 2015-2018

The never-ending growth in internet accessibility around the world along with numerous technological advancements comprising 5G, blockchain, cloud services, Internet of Things (IoT), and Artificial Intelligence (AI) among others have significantly boosted the economic growth in the last two decades. As of April 2021, there were more than 4.5 billion users that were actively using the internet globally. Moreover, the growth in ICT sector has significantly contributed towards GDP growth, labor productivity, and R&D spending among other transformations of economies in different nations of the globe. Furthermore, the production of goods and services in the ICT sector is also contributing to the economic growth and development. As per the statistics in the United Nations Conference on Trade and Development’s database, the ICT good exports (% of total good exports) globally grew from 10.816 in 2015 to 11.536 in 2019. In 2019, these exports in Hong Kong SAR, China amounted to 56.65%, 25.23% in East Asia & Pacific, 26.50% in China, 25.77% in Korea, Rep., 8.74% in the United States, and 35.01% in Vietnam. These are some of the important factors that are boosting the growth of the market.


Market Segmentation

Our in-depth analysis of the global distributed cloud market includes the following segments:

By Service Type

  • Data Security
  • Data Storage
  • Networking
  • Others

By Enterprise Size

  • SMEs
  • Large Enterprises

By End-User

  • BFSI
  • IT & Telecom
  • Government
  • Education
  • Retail and e-Commerce
  • Others

Growth Drivers

  • Growing Adoption of Cloud Services
  • Rising Penetration of Internet

Challenges

  • Lack of Awareness amongst People
  • Security and Privacy Issues


Research and Development Expenditure (% of GDP), 2015-2018
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Top Featured Companies Dominating the Market

    • Microsoft Corporation
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis 
    • Verizon Communications Inc.
    • IBM Corporation
    • SAP SE
    • Pivotal Software, Inc.
    • DigitalOcean, Inc.
    • Oracle Corporation
    • VMware, Inc.
    • Amazon Web Services, Inc.
    • Axway Software

In The News

  • January 11, 2022: YesAsia Holdings Ltd. has selected Oracle Fusion Cloud Customer Experience (CX) to automate its marketing platform with AI-driven technology solutions.

  • August 18, 2020: VMware, Inc. announced new VMware vRealize cloud management, on-premises and software as a service (SaaS) offerings to further enable customers to consistently deploy and operate their applications.


Global Economic Impact

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Despite Inflation & Fearing Recession, Businesses Across the Globe Expected to Do Better in 2023:

In 2023, market players might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain.
Controlling Inflation has become the first priority for global economies from last quarter of 2022 and to be followed in 2023. With skewed economic situations, rise in interest rate by governments to control spending and inflation, spiked oil and gas prices, high inflation, geo-political issues including U.S. & China trade war, Russia-Ukraine conflict to intensify the global economic issues.
The interest rates in the U.S. may be less sensitive in 2023 as compared to 2022; sigh of relief for businesses. Positive business sentiments, healthy business balance sheets, growth in construction spending (private construction value in 2022 stood at $1,429.2 billion, 11.7 percent (±1.0 percent) above the $1,279.5 billion spent in 2021, Residential construction in 2022 was $899.1 billion, up by 13.3 percent (±2.1 percent) from $793.7 billion in 2021, non-residential construction touched $530.1 billion, 9.1 percent (±1.0 percent) above the $485.8 billion in 2021.) showcases minimal impact of recession in the country.
Similarly, spiked spending in the European and major Asia economics including, India, China & Japan to showcase less impact on the global demand.

Key Questions Answered in the Report

1) What are the major factors driving the growth of the distributed cloud market?

Ans: Increasing deployment of cloud computing technologies is estimated to boost the market growth.

2) What would be the CAGR of distributed cloud market over the forecast period?

Ans: The market is anticipated to attain a CAGR of ~9% over the forecast period, i.e., 2022 – 2031.

5) Who are the major players dominating the distributed cloud market?

Ans: The major players in the market are Verizon Communications Inc., IBM Corporation, SAP SE, Pivotal Software, Inc., DigitalOcean, Inc., Oracle Corporation, VMware, Inc., Amazon Web Services, Inc., and Axway Software.

6) How are the company profiles selected?

Ans: The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

7) What are the segments in the distributed cloud market?

Ans: The market is segmented by service type, enterprise size, end-user, and by region.

8) Which segment captures the largest market size in enterprise size segment in the distributed cloud market?

Ans: The large enterprises segment is anticipated to hold largest market size over the forecast period and display significant growth opportunities.

8) What are the challenges affecting the market growth?

Ans: Lack of awareness amongst people, and cyber security issues are estimated to hamper the market growth.

8) Which region will provide more business opportunities for growth of the distributed cloud market in future?

Ans: The North America region is anticipated to provide more business opportunities over the forecast period owing to the growing adoption of cloud technologies in the region.

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