The Distributed Cloud Market is forecast to reach $3.9 billion by 2025, growing at a CAGR of 24.1% during the forecast period from 2020-2025. Factors driving the distributed cloud market include increased demand for low-cost data backup, storage and security across all industries, coupled with the need to manage data generated by increased use of mobile technologies and fostering distributed cloud adoption rates. The distributed cloud shifts the centralized model of most public cloud services to a new era in cloud computing.

Key Takeaways
Data storage market held the highest market share xxx among the different services of the distributed cloud market in 2019. Low-cost data storage, faster data accessibility, adoption of cloud-based application across several industry verticals, growing concerns for data recovery & protection tends to penetrate the market growth during the forecast period.
Banking and Financial Services is the dominant segment owing to the rising demand for agile, scalable, and cost-effective computing. Adding to this, the increasing number of digital services and their applications; and high penetration of hybrid cloud segment in the sector is enhancing the market growth.
North America region dominated the distributed cloud market in 2019 due to high adoption of cloud services, advanced Information Technology (IT) infrastructure, presence of a large number of enterprises, and the availability of proficient technical expertise.

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Geography - Segment Analysis
North America dominated the global market for Distributed Clouds. As of 2019, the region accounted for a leading share of 38.7%. The main drivers of North America’s Distributed Cloud market growth include factors such as digitization, presence of a large number of enterprises, data security, data back-up and data recovery. Furthermore, increased application of cloud computing, internet of things (IoT) and so on are enhancing the market growth. Adding to this, industrial automation, improving the services to the customers for quicker queries and others are boosting the growth of the Distributed Cloud market.

Drivers – Distributed Cloud Market

Data Recovery
Digitization

Market Landscape
Partnerships and acquisitions along with product launches are the key strategies of the players in the Distributed Cloud Market. As of 2019, the market for Distributed Cloud is consolidated with the top 10 players accounting for approximately x% of the market share. The major players in the Distributed Cloud Market include IBM Corporation, Oracle Corporation, SAS Institute Inc., SAP SE, Cisco Systems, Data Artisans, TIBCO Software Inc., Informatica, Impetus Technologies and Data Torrent among others.

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