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This statistic highlights Fastly’s Revenue Breakdown by Region, split between Asia Pacific, Europe, United States, and Others, reported on a quarterly basis from Q3 2018 onwards.
|Revenue by Region||Q3 2020||Q2 2021||Q3 2021|
(All figures in millions)
Fastly’s major market has been the United States. Gradually, they also began their international sales. Fastly has been growing at a stable rate. Its stock price skyrocketed last year due to the large number of people who were online amid the pandemic.
Asia Pacific Region
In July 2019, the company blazoned its global expansion in Australia. The move comes with Fastly points-of-presence (POPs) on both beachfront of the mainland, incubating the company’s charge to power briskly, more secure, and more dependable digital gests for its global client base.
This development will enable further connectivity for companies looking to make a bigger digital impact in Australia and will profit from being global guests looking to serve content more effectively to the APAC region. Revenue from the Asia Pacific region remained quite the same. It slightly decreased during Q2 2021 but then again recovered in Q3 2021. This region contributed about 11% to the revenue in the latest quarter.
Fastly announced the expansion of its edge offerings and services across leading European media and entertainment brands on December 4, 2019. Fastly customers like Paradox Interactive, PRISA, RCS Media Group, and ZEIT ONLINE, employ Fastly’s high-density points of presence to power gaming, streaming or over-the-top video, breaking news, and much more because they got to support high volumes of simultaneous viewers, readers, and games with high-quality experiences. In European Region, revenue increased from $8.00 million in Q3 2020 to $8.55 million in Q3 2021 contributing to a growth of 10%.
Fastly is an American cloud computing services provider. It was founded in 2011 by Artur Bergman. The company was listed on New York Stock Exchange on May 17, 2019. In the United States revenue has increased from $49.14 million in Q3 2020 to $59.67 million in Q2 2021 at the rate of 21% and then to $62.29 in Q3 2021 at the rate of 3.5%. The rate of growth has decreased drastically after Q2 2021. US contributed the majority of the revenue in the latest quarter.
All Other regions
Fastly is operating all around the world, distributed across 15 countries and it has been delivering good results. Revenue from all other regions has increased from $3.19 million to $6.09 million in Q3 2021 marking a growth of 90.91%. However the revenue declined by $1.95 million from Q2 2021 to Q3 2021.
About The Company
The company was founded by Tyler McMullen, Simon Wistow, Artur Bergman, and Gil Penchina in March 2011. Fastly, Inc. provides real-time content delivery network services. It offers a foothold cloud platform, edge software development kit (SDK), content delivery and image optimization, video and streaming, cloud security, load balancing, and managed CDN. It is listed on the NYSE under the ticker FSLY.
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