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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Telecom Cloud Market Competitive Landscape
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.
Telecom Cloud Market Report Snapshots
*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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Key Questions Answered in the Report
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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Australia
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+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