The Europe Distributed Cloud Market would witness market growth of 19.8% CAGR during the forecast period (2022-2028).
By storing and distributing video content from sites closer to end users, a content delivery network (CDN) installed on a distributed cloud can enhance the performance of streaming video content as well as the user experience. Applications like video surveillance, automated manufacturing, self-driving vehicles, healthcare, smart buildings, and others depend on real-time data analysis because they absolutely cannot wait for data to travel to and from a central cloud data center.
Low latency is provided through cloud environment and edge computing for these applications. The fundamental benefit of employing cloud services is that customers can use a utility-like model of on-demand compute and storage purchases to transfer CAPEX to OPEX and avoid maintaining and operating their IT infrastructure.
Users might request that certain data remain within particular areas or that a given performance objective for latency or throughput is fulfilled while using dispersed cloud computing. Service Level Agreements (SLAs) between the user and the cloud provider are used to express this. The complexity of how these SLAs are met must be concealed, and that is the cloud provider's responsibility.
New technologies like 5G, robotics, the Internet of Things, and machine learning are being leveraged to increase production in Europe's robust industrial sector. The goal of the German government's Industry 4.0 program is to hasten digitization across the manufacturing sector. It is supervised by the ministries of economic affairs and energy (BMWI) and education and research (BMBF). IoT-related sophisticated technologies and solutions would benefit from the regional market's fast digitalization across all industries.
The Germany market dominated the Europe Distributed Cloud Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $875.6 million by 2028. The UK market is anticipated to grow at a CAGR of 18.8% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 20.7% during (2022 - 2028).
Based on Application, the market is segmented into Internet of Things, Content Delivery, Edge Computing, and Others. Based on Service, the market is segmented into Data Storage, Data Security, Networking, Autonomy, and Others. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium-sized Enterprises. Based on End User, the market is segmented into BFSI, IT & Telecom, Healthcare, Retail & Consumer Goods, Government, Manufacturing, Energy & Utilities, Media & Entertainment, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Distributed Cloud Market will Hit $13.4 Billion by 2028, at a CAGR of 20.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Oracle Corporation, Google LLC, Amazon Web Services, Inc. (Amazon.com, Inc.), Microsoft Corporation, Teradata Corporation, Alibaba Group Holding Limited, VMware, Inc., F5 Networks, Inc., and Pluribus Networks (Arista Networks).
By Application
By Service
By Organization Size
By End User
By Country
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