Home » Telecommunication » Distributed Cloud Market Forecast To Reach $3.9 Billion By 2025
Distributed Cloud Market Forecast To Reach $3.9 Billion By 2025 Posted by PublisherTelecommunication Saturday, 23. January 2021 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. Furthermore, the need of high-end security and well-defined sharing are boosting the market growth during the forecast period 2020-2025.