The Distributed cloud market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 20.6% during the forecast period, to reach USD 11.2 billion by 2027 from USD 4.4 billion in 2022.
The major players have adopted various growth strategies to expand their global presence and increase their market reach to enhance customer base. Key players such as Alibaba Cloud, AWS, Commvault, F5, and Google have majorly adopted strategies such as product launches and upgradations, partnerships, agreements, merger and acquisitions to gain market presence and to support the growth of distributed cloud market.
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Alibaba Cloud services provide customers with API access points with HTTPS encryption enabled, enabling customers to use access keys to call the Alibaba Cloud Service Service API securely. It provides extensive features to ensure data security. It focuses on delivering the best value to customers. It is strong on customization. It is fully flexible in this area, with no specific rules or regulations dictating how customizations should be performed. Alibaba Cloud focuses on organic and inorganic business growth strategies to strengthen its position in the market. The company easily expands its reach worldwide through its partner network. It has constantly acquired emerging cloud storage providers to increase its market share and keep its offering relevant and up to date.
AWS has 76 availability zones in 24 regions and has plans for nine more availability zones and three more regions (Indonesia, Japan, and Spain), with more to follow. It is not only the number of different locations that makes AWS strong in its ability to provide high availability but also the fact that it has 26 compute-optimized instances, 22 storage-optimized instances, and 56 memory-optimized instances for customers to choose from.AWS focuses on organic and inorganic business growth strategies to strengthen its position in the market. As part of its organic growth strategies, the organization focuses on product innovations to gain an advantage over its competitors. The company easily expands its reach worldwide through its partner network. It has constantly acquired emerging cloud storage providers to increase its market share and keep its offering relevant and up to date.
Distributed Cloud Market by Service Type (Data Security, Data Storage, Networking), Application (Edge Computing, Content Delivery, Internet of Things), Organization Size, Vertical (BFSI, IT & Telecom, Government) and Region - Global Forecast to 2027
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