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Historical Year
Forecast Year
The global telecom cloud market size reached nearly USD 29.34 billion in 2023. The market is projected to grow at a CAGR of 19% between 2024 and 2032 to reach a value of around USD 139.76 billion by 2032.
Telecom cloud refers to an advanced networking architecture which enables telecommunication service providers to add networking services and respond to the changes in the networking sector.
Based on component, the market is segmented into platform, solution, and services. On the basis of deployment, the market is classified into hybrid, public, and private. By cloud service model, the telecom cloud market segmentations include software as a service (SaaS), platform as a service (PaaS), and infrastructure as a service (IaaS). Based on enterprise size, the market is categorised into small and medium enterprises and large enterprises.
On the basis of application, the market is divided into network, data storage, and computing, traffic management, and cloud migration, among others. By end use, the market segments include BFSI, healthcare, transportation and distribution, and media and entertainment, among others. The major regional markets for telecom cloud include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the key players in the global telecom cloud market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
Small and medium enterprises account for a significant portion of the telecom cloud market. Cloud telecom solutions are used to deploy customised enterprise solutions at a fast pace. The telecom cloud is economical, which can lead to greater cost-savings for small and medium enterprises. Moreover, telecom cloud solutions can help these businesses build strong digital relationships, which can further scale up the market growth.
As per the telecom cloud market analysis, the public segment is likely to represent a considerable market share in the forecast period. Public telecom cloud solutions come with lower costs as compared to the hybrid and private versions. In addition, this type of deployment is location independent, which enables users to gain access to the telecom cloud through their internet-enabled devices from anywhere.
Amazon Web Services, Inc. is a leading IT services company which offers solutions such as data analytics, machine learning, serverless computing, and storage, among others. It was founded in 2006 and is headquartered in Washington, the United States.
Cisco Systems, Inc. is a multinational company which offers digital communications technology, networking and cloud services, and cybersecurity solutions, among others. The company also manufactures and sells internet protocol-based networking products.
Microsoft Corporation is a renowned technology corporation which offers solutions related to gaming, cloud, and application, among others, to cater to the technological demands of various businesses and enterprises.
Other telecom cloud market players include Google LLC, IBM Corporation, Oracle Corporation, Juniper Networks, Inc., Telefonaktiebolaget LM Ericsson, Huawei Technologies Co., Ltd., Dell Inc., ZTE Corporation, and VMware, Inc., among others.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Component |
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| Breakup by Deployment |
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| Breakup by Cloud Service Model |
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| Breakup by Enterprise Size |
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| Breakup by Application |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market reached a value of nearly USD 29.34 billion in 2023.
The market is estimated to grow at a CAGR of 19% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of around USD 139.76 billion by 2032.
The emergence of 5G networking infrastructure, the heightening adoption of smartphones and laptops, the escalating adoption of cloud-based software across various sectors, and the increasing application of telecom cloud in the healthcare sector are the major drivers of the market.
The key trends in the market include the increasing use of artificial intelligence (AI) in cloud computing systems and surging attempts by businesses to boost their productivity and improve their decision-making processes.
Platform, solution, and services are the different components of telecom cloud.
Hybrid, public, and private are the major segments based on deployment of telecom cloud.
Amazon Web Services, Inc., Cisco Systems, Inc., Microsoft Corporation, Google LLC, IBM Corporation, Oracle Corporation, Juniper Networks, Inc., Telefonaktiebolaget LM Ericsson, Huawei Technologies Co., Ltd., Dell Inc., ZTE Corporation, and VMware, Inc., among others, are the key market players.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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