Advancements in Cloud Management Platforms Globally to Bolster the Market Growth

Published: Jan 2024

The global distributed cloud market is anticipated to grow at a CAGR of 22.8% during the forecast period (2023-2030). 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.

Browse the full report description of “Distributed Cloud Market Size, Share & Trends Analysis Report by Application (Edge Computing, Content Delivery, and Internet of Things), by Service (Data Security, Data Storage, and Networking), and by End-Use (BFSI, Healthcare, It & Telecom, Government & Defense, and Others), Forecast Period (2023-2030)” at https://www.omrglobal.com/industry-reports/distributed-cloud-market

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.

Market Coverage

The market number available for – 2022-2030

Base year- 2022

Forecast period- 2023-2030

Segment Covered- 

o By Application

o By Service

o By End-Use

Regions Covered-

o North America

o Europe

o Asia-Pacific

o 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.

Key questions addressed by the report

  • What is the market growth rate?
  • Which segment and region dominate the market in the base year?
  • Which segment and region will project the fastest growth in the market?
  • Who is the leader in the market?
  • How are players addressing challenges to sustain growth?
  • Where is the investment opportunity?

Global 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)

Global Distributed Cloud Market Report Segment by Region

North America

United States

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe 

Asia-Pacific

China

India

Japan

South Korea

Rest of Asia-Pacific 

Rest of the World

Latin America 

Middle East & Africa


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