Distributed Cloud Market Share

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 industry is set to dominate majority revenue share by 2037 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.