
North America Distributed Cloud Market
No. of Pages: 146 | Report Code: BMIRE00031519 | Category: Technology, Media and Telecommunications
No. of Pages: 146 | Report Code: BMIRE00031519 | Category: Technology, Media and Telecommunications
The North America distributed cloud market was valued at US$ 1,951.23 million in 2023 and is expected to reach US$ 6,191.99 million by 2031; it is estimated to register a CAGR of 15.5% from 2023 to 2031. Growing Demand for Low Latency Solutions and Greater Scalability Fuels North America Distributed Cloud Market
Low latency is a computer network that is improved to process a high volume of data messages with the least delay time. These networks are intended to support functions that require near real-time access to rapidly changing data. Distributed cloud computing decreases latency and increases the responsiveness of services by relocating the processing tasks closer to the end user. Data is then managed locally instead of at a centralized server, developing superior user experience. Further, various companies offered distributed cloud offerings to meet low latency needs. For instance, in September 2023, Oracle expanded its distributed cloud offerings to cater to organizations' diverse needs and the growing global demand for Oracle Cloud Infrastructure (OCI) services. Oracle Database Azure and MySQL HeatWave Lakehouse on AWS are the new additions to OCI's distributed cloud. As a result, enterprises gain increased flexibility to deploy cloud services anywhere while addressing numerous data privacy, data sovereignty, and low latency requirements, allowing access to over 100 services designed to run any workload. Also, new technologies such as self-driving cars, healthcare imaging, smart buildings, and real-time analytics benefit from the low latency that a distributed cloud can deliver. Moreover, in terms of scalability, expanding a data center or building new centers in different areas can be time-consuming and expensive. Distributed cloud computing enables organizations to expand to edge locations without building out. Thus, the increasing demand for low-latency solutions and greater scalability contributes to the growth of the distributed cloud market.North America Distributed Cloud Market Overview
In North America, significant growth is anticipated in the distributed cloud market due to increased cloud enablement activities and trends within the cloud market. The distributed cloud allows businesses to transfer data of any size without extra charges and can ensure data sovereignty while complying with General Data Protection Regulation (GDPR). It provides a data lake powered by AI that centralizes data to enhance predictive analytics quality. It can be used in different scenarios, such as manufacturing, IoT, machine learning, and imaging. The user organization views the distributed cloud as one platform. Still, it consists of various components, such as public cloud elements from the main provider and its competitors, a private cloud or enterprise data center, and a third-party colocation partner. Various types of cloud services include public cloud, private cloud, hybrid cloud, and multi-cloud, while distributed cloud computing eliminates these distinctions. Companies such as Amazon (Amazon Web Services), Microsoft (Azure), Google (Cloud), and IBM are major players in the public cloud in North America. The existence of main cloud providers such as Google and Microsoft have demonstrated the feasibility of large-scale, internet-based applications delivered from the cloud, and current technological developments are working to address performance issues and data security concerns in the field.
Oracle unveiled the availability of NVIDIA AI Enterprise on Oracle Cloud Infrastructure Supercluster within the Oracle US Government Cloud region, aiming to support sovereign AI initiatives. This development signifies a deepening collaboration between Oracle and NVIDIA, with the shared goal of empowering US government clients to develop and implement AI solutions. This offering provides access to over 100 services on Oracle Cloud Infrastructure, including advanced generative AI services leveraging high-performance accelerators such as NVIDIA H100 and NVIDIA A100 Tensor Core GPUs. Additionally, users can benefit from ultra-low-latency networking and secure storage capabilities, further enhancing the deployment and utilization of AI applications. This is expected to boost the distributed cloud market in North America.
North America Distributed Cloud Market Revenue and Forecast to 2031 (US$ Million)
Strategic insights for the North America Distributed Cloud provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market. The geographic scope of the North America Distributed Cloud refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.North America Distributed Cloud Strategic Insights
North America Distributed Cloud Report Scope
Report Attribute
Details
Market size in 2023
US$ 1,951.23 Million
Market Size by 2031
US$ 6,191.99 Million
Global CAGR (2023 - 2031)
15.5%
Historical Data
2025-2031
Forecast period
2021-2023
Segments Covered
By Application
By Service
By Enterprise Size
By Industry Vertical
Regions and Countries Covered
North America
Market leaders and key company profiles
North America Distributed Cloud Regional Insights
North America Distributed Cloud Market Segmentation
The North America distributed cloud market is categorized into application, service, enterprise size, industry vertical, and country.
Based on application, the North America distributed cloud market is segmented into edge computing, content delivery, Internet of Things, and others. The edge computing segment held the largest market share in 2023.
In terms of service, the North America distributed cloud market is categorized into data security, data storage, networking, and others. The data storage segment held the largest market share in 2023.
By enterprise size, the North America distributed cloud market is bifurcated into large enterprise and SMEs. The large enterprise segment held a larger market share in 2023.
Based on industry vertical, the North America distributed cloud market is segmented into BFSI, healthcare, retail & e-commerce, manufacturing, IT & telecom, energy & utilities, media & entertainment, government & defense, and others. The BFSI segment held the largest market share in 2023.
By country, the North America distributed cloud market is segmented into the US, Canada, and Mexico. The US dominated the North America distributed cloud market share in 2023.
Amazon Web Services Inc, Google LLC, International Business Machines Corp, Oracle Corp, Microsoft Corp, Rackspace Technology Inc, Broadcom Inc, Databricks Inc, Salesforce Inc, and Alibaba Cloud are some of the leading companies operating in the North America distributed cloud market.
The North America Distributed Cloud Market is valued at US$ 1,951.23 Million in 2023, it is projected to reach US$ 6,191.99 Million by 2031.
As per our report North America Distributed Cloud Market, the market size is valued at US$ 1,951.23 Million in 2023, projecting it to reach US$ 6,191.99 Million by 2031. This translates to a CAGR of approximately 15.5% during the forecast period.
The North America Distributed Cloud Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Distributed Cloud Market report:
The North America Distributed Cloud Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Distributed Cloud Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Distributed Cloud Market value chain can benefit from the information contained in a comprehensive market report.