Rise in adoption of data management generated by high usage of mobile technologies, increased need of low data recovery, growing adoption of digitalization, managing increase workloads and data, enhanced data recovery are some of the key driving factors for the growth of distributed cloud system market.
In addition to this, the public clouds services are able to shift towards an enhanced distributed cloud computing with the high end security are also adding the fuel for the growth of this market. However, concerns related to security may hinder the growth of the market.
Furthermore, adoption of cloud technologies, new product launches and rising interest of government to implement and promote cloud technologies are expected to boost the lucent opportunities for the market.
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As the organizations are moving forwards to adopt cloud technologies, the theft for the data loss is also becoming a major concern and thus, organizations are trying to adopt low data recovery techniques in order to lose their data.
Distributed cloud systems also offers organizations multiple mechanisms to keep the data secure such as authorization and auditing. In addition to this, data recovery also provides enhanced reliability. Thus, due to the data recovery, multiple organizations are able to keep their data safe and secure and thus driving the growth of the market.
Distributed cloud systems help to improve the privacy by keeping the data in the region which is neighbor or local however, the mechanisms for the path control and thus to store the data have to travel far even to arrive at a close cloud.
In addition to this, when data needs urgent processing and is not stored in public clouds, thus storage devices owned by the data owners can be moved to another big data center. This approach may increase the concerns for the data ownership and thus created issues related with the privacy.
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In addition to this, the management of security of distributed systems as data access in centralized computing system requires more maintenance and security and thus these challenges may hinder the growth of the market.
Many organizations are able to see the growth and the upcoming opportunities the distributed cloud may offer and thus launching their own distributed clouds. IBM, one of the major key players of this market has also launched “IBM Cloud Satellite” distributed cloud system and offers the ability to use IBM cloud anywhere. It can be deployed on cloud or at the edge delivered as a service. Companies also need to switch from traditional systems in public cloud without physical migration.
Volterra, also a major key player in the market has also announced to launch distributed cloud platform of the deployment, connection and security of application, it offers edge cloud, multi cloud and network cloud thus with these product launches and organizations deployment towards the multi cloud system is expected to further boost the opportunities for the market in the upcoming years.
Impact of COVID-19 on Distributed Cloud System Market:
- Companies are suddenly having to enable an increasingly mobile workforce. Rife with technical ramifications and considerations, the notion of remote work has emerged a necessity, requiring businesses to consider.
- IT leaders of multiple organizations think it is very important to have a consistent operational experience between the edge and public and private clouds. But the data shows there are tremendous obstacles preventing that, mostly around establishing secure and reliable connections between providers, trying to navigate different support and consulting processes, and having to work with various platform services and this issue can be addressed with the help of distributed cloud systems. Hence, the COVID-19 have surely create huge opportunities for the distributed cloud system market in the upcoming years.
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Key Market Players
- IBM Corp.
- Amazon web services
- Microsoft Corp.
- VMware Inc.
- Salesforces Inc.
- Pivotal Inc
- Cloud Sigma Inc.
- Google LLC
- Alibaba Corp.
- Digital Ocean Inc
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