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 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.

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of distributed cloud is assessed at USD 4.02 billion.

Distributed Cloud Market size was valued at USD 3.43 billion in 2023 and is likely to reach USD 43.59 billion by 2036, expanding at around 21.6% CAGR during the forecast period i.e., between 2024-2036. Increasing deployment of cloud computing technologies will boost the market growth.

Asia Pacific industry is predicted to account for largest revenue share by 2036, due to growing proliferation of tech-giants in the developing nations, along with the growing IT sector in the region.

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.

Distributed Cloud Market Share