Telecom Cloud Market Synopsis

Telecom Cloud Market Size Was Valued at USD 26.8 Billion in 2023, and is Projected to Reach USD 98.1 Billion by 2032, Growing at a CAGR of 15.5% From 2024-2032.

Telecom Cloud can be described as an Aspect of the Cloud Industry specific to ‘telecom operators’. It is one of the methodologies that deal with the process of virtualization and provision of the functions and services in the network, for instance the voice, data and multimedia communication over some internet protocol basis. Telecom Cloud can help operators transition from the conventional and hardware reliant telecom network to that of a software defined one. By opening up the networks, this change also helps telecoms to get more agility, scalability and efficiency, all of which are essential for supporting the future technologies such as 5G, IoT, and edging computing. Telecom Cloud allows operators to modernize the infrastructure of the company, bring down costs and provide for the deployment of new services that correspond to customer needs in the era of digitalization.

  • The Telecom Cloud Market is growing fast because the current business environment requires efficient, future-proof, and affordable solutions for exchanging information. This market represents the characteristics of the cloud services suitable for the telecom operators such as the cloud NFV, SDN, and other cloud orchestration. With the help of cloud solutions, telecom companies can enhance the effectiveness of their work, decrease cost and stimulate development of new services like VoIP, unified communications, mobile cloud-applications. Mobile technology upgrade from 4G to 5G and IoT devices which demand far more elaborate and flexible networks are key; Cloud solutions offer this flexibility.
  •  Also, the Telecom Cloud Market is aided by the digitization trend taking place around the world, in which companies from different industries require reliable and secure business connectivity solutions. Some of the leading companies in this market space are CSPs, telecom operators, and NEVs that continue to spend on R&D to deploy modern CN solutions. The market grows uneven across the regions; the highest growth is predicted for North America and Europe because of the advanced technology services and availability of cloud services. Nonetheless, Asian-Pacific and Latin American regions are growing fast on the heels of the developed countries, owing to the high tele-density, robust economic environment and supportive governmental laws pertaining to cloud solutions.

Telecom Cloud Market Trend Analysis

Convergence of 5G networks with cloud computing capabilities

  • Some of the most popular trends of development in the Telecom Cloud sector are the integration of 5G networks with relevant features of cloud computing. The emerging generation of telecommunications that follow 5G and definition of the technology requires cloud-native infrastructures that guarantee fast internet connection that is linked to 5G networks. Telecom operators are aspiring to personify their networks to Cloud-native Models like Network Functions Virtualization (NFV) and Software-Defined Networking (SDN) to accommodate 5G. The former contributes to improving the network’s scalability and flexibility, which, in turn, has made it possible to quickly launch new services and applications as the foundation for further digital transformations in the telecommunications industry.

Catering to the increasing demand for edge computing capabilities

  • Another opportunity that can be quite intriguing in the Telecom Cloud market is to address the demand of new requirements for edge computing. Edge computing entails the idea of processing data closer to the sources or the end-user devices which provide better solutions for IoT, real-time analytics and immersive media among others. Telecom operators continue to be in an excellent position to leverage this opportunity to incorporate edge computing in their cloud services for optimum delivery of low-latency solutions while supporting innovation-based initiatives such as self-driving automobiles and augmented reality. Transitioning to edge-oriented Telecom Cloud solutions improves the client experience while creating new income-generating services regarding targeted industries like smart cities, industrial applications, and healthcare services.

Telecom Cloud Market Segment Analysis:

Telecom Cloud Market Segmented on the basis of type, Cloud Computing Services and Application.

By Type, Public Cloud segment is expected to dominate the market during the forecast period

  • Based on the forecasts, the Public Cloud segment is expected to take the largest share of the Telecom Cloud market as it allows telecom operators to gain efficient and flexible computing resources in terms of scaling up and down. Public Cloud services enable operators to efficiently implement and operate numerous telecom applications and services quickly and without establishing large capital expenditures on equipment. This segment’s dominance is further helped by the shift towards digitalization where the enterprises and the consumers are migrating their communication, collaboration, and data storage and management services to the cloud.
  • Also, the Public Cloud providers are not standing still introducing even higher levels of service like edge computing, AI, and ML that are critical to the performance of next-gen networks including 5G and the IoT. While telecom operators strive to increase Operational Costs Efficiency, and customers requirements’ demand increased connectivity quality, the Public Cloud segment continues to play the critical role in defining the future of Telecom Cloud solutions.

By Cloud Computing Services, IaaS segment expected to held the largest share

  • On the basis of service, cloud computing services have segmented into different types, out of which, IaaS has expected to have the largest market in the future year. IaaS offers hardware resources through the internet such as operating systems, storage, and network that enables an organization to outsource its IT environment but without owning the physical hardware. Due to its flexibility and scalability, it is now finding applicability in the startup, medium, and even big businesses that are looking forward to cutting the expenses and making themselves more scalable and efficient.
  • The increasing usage of IaaS is mainly due to the dynamics such as digital transformation strategies, the relocation of processes to the cloud, and the requirement for reliable DR/BC plans. Core cloud service providers are progressively rounding up their IaaS solutions with newer service features such as auto scaling, and multi-cloud management, and security updates thus asserting IaaS as a fundamenta of modern cloud services.

Telecom Cloud Market Regional Insights:

Asia Pacific is Expected to Dominate the Market Over the Forecast period

  • It is identified that Telecom Cloud market will show an inclination towards Asia Pacific region during over the forecast timeframe due to the rising technological advancement, hiking adoption scales of mobile and internet facilities, and the emergent need of digital services across numerous business fields. Some of the countries in the region especially China, Japan and India are experiencing increased capital expenditure in telecoms networks and cloud solutions. Such investments are inspired by the government calling for digitalization and the increased number of consumers’ relying on superior communication services.
  • Also, Asia Pacific’s regional economic structure offers new and growth opportunities enabling telecom operators and cloud service providers to consider scale and fragmentation in the region depending on their destinations whether to the enterprises or consumers. While the region stays on the path to the full-scale use of cloud solutions for 5G networks, IoT applications, and enterprise digital transformation, Asia Pacific is expected to retain its position as a driver of Telecom Cloud market evolution globally.

Active Key Players in the Telecom Cloud Market

  • AT&T (USA)
  • BT Group (UK)
  • China Mobile (China)
  • Deutsche Telekom (Germany)
  • KT Corporation (South Korea)
  • NTT Communications (Japan)
  • Orange S.A. (France)
  • Reliance Jio Infocomm (India)
  • Singtel (Singapore)
  • SK Telecom (South Korea)
  • SoftBank Group (Japan)
  • Telefónica (Spain)
  • Telenor Group (Norway)
  • Verizon Communications (USA)
  • Vodafone Group (UK)
  • Other key Players

Key Industry Developments in the Telecom Cloud Market:

  • In April 2021, Momentum Telecom, a global provider of managed network and cloud voice, has announced the completion of its acquisition of Atlus Technology, a Tennessee-based leader in the development of cloud-based unified communications solutions.
 

Global Telecom Cloud Market

Base Year:

2023

Forecast Period:

2024-2032

Historical Data:

2017 to 2023

Market Size in 2023:

USD 26.8 Bn.

Forecast Period 2024-32 CAGR:

15.5 %

Market Size in 2032:

USD 98.1 Bn.

Segments Covered:

By Type

  • Public Cloud
  • Private Cloud
  • Hybrid Cloud

By Cloud Computing Services

  • IaaS
  • PaaS
  • SaaS

By Application

  • Data Storage
  • Achieving
  • Computing
  • Enterprise Application
  • Other Applications

By Region

  • North America (U.S., Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Increasing adoption of 5G technology worldwide

Key Market Restraints:

  • Complexity of integrating legacy systems with modern cloud platforms

Key Opportunities:

  • Catering to the increasing demand for edge computing capabilities

Companies Covered in the report:

  • AT&T (USA), BT Group (UK), China Mobile (China), Deutsche Telekom (Germany) and Other Major Players.

Chapter 1: Introduction
 1.1 Scope and Coverage

Chapter 2:Executive Summary

Chapter 3: Market Landscape
 3.1 Market Dynamics
  3.1.1 Drivers
  3.1.2 Restraints
  3.1.3 Opportunities
  3.1.4 Challenges
 3.2 Market Trend Analysis
 3.3 PESTLE Analysis
 3.4 Porter's Five Forces Analysis
 3.5 Industry Value Chain Analysis
 3.6 Ecosystem
 3.7 Regulatory Landscape
 3.8 Price Trend Analysis
 3.9 Patent Analysis
 3.10 Technology Evolution
 3.11 Investment Pockets
 3.12 Import-Export Analysis

Chapter 4: Telecom Cloud Market by Type
 4.1 Telecom Cloud Market Snapshot and Growth Engine
 4.2 Telecom Cloud Market Overview
 4.3 Public Cloud
  4.3.1 Introduction and Market Overview
  4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.3.3 Key Market Trends, Growth Factors and Opportunities
  4.3.4 Public Cloud: Geographic Segmentation Analysis
 4.4 Private Cloud
  4.4.1 Introduction and Market Overview
  4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.4.3 Key Market Trends, Growth Factors and Opportunities
  4.4.4 Private Cloud: Geographic Segmentation Analysis
 4.5 Hybrid Cloud
  4.5.1 Introduction and Market Overview
  4.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.5.3 Key Market Trends, Growth Factors and Opportunities
  4.5.4 Hybrid Cloud: Geographic Segmentation Analysis

Chapter 5: Telecom Cloud Market by Cloud Computing Services
 5.1 Telecom Cloud Market Snapshot and Growth Engine
 5.2 Telecom Cloud Market Overview
 5.3 IaaS
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 IaaS: Geographic Segmentation Analysis
 5.4 PaaS
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 PaaS: Geographic Segmentation Analysis
 5.5 SaaS
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 SaaS: Geographic Segmentation Analysis

Chapter 6: Telecom Cloud Market by Application
 6.1 Telecom Cloud Market Snapshot and Growth Engine
 6.2 Telecom Cloud Market Overview
 6.3 Data Storage
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Data Storage: Geographic Segmentation Analysis
 6.4 Achieving
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Achieving: Geographic Segmentation Analysis
 6.5 Computing
  6.5.1 Introduction and Market Overview
  6.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.5.3 Key Market Trends, Growth Factors and Opportunities
  6.5.4 Computing: Geographic Segmentation Analysis
 6.6 Enterprise Cloud Computing Services
  6.6.1 Introduction and Market Overview
  6.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.6.3 Key Market Trends, Growth Factors and Opportunities
  6.6.4 Enterprise Cloud Computing Services: Geographic Segmentation Analysis
 6.7 Other Cloud Computing Services
  6.7.1 Introduction and Market Overview
  6.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.7.3 Key Market Trends, Growth Factors and Opportunities
  6.7.4 Other Cloud Computing Services: Geographic Segmentation Analysis

Chapter 7: Company Profiles and Competitive Analysis
 7.1 Competitive Landscape
  7.1.1 Competitive Benchmarking
  7.1.2 Telecom Cloud Market Share by Manufacturer (2023)
  7.1.3 Industry BCG Matrix
  7.1.4 Heat Map Analysis
  7.1.5 Mergers and Acquisitions
  
 7.2 AT&T (USA)
  7.2.1 Company Overview
  7.2.2 Key Executives
  7.2.3 Company Snapshot
  7.2.4 Role of the Company in the Market
  7.2.5 Sustainability and Social Responsibility
  7.2.6 Operating Business Segments
  7.2.7 Product Portfolio
  7.2.8 Business Performance
  7.2.9 Key Strategic Moves and Recent Developments
  7.2.10 SWOT Analysis
 7.3 BT GROUP (UK)
 7.4 CHINA MOBILE (CHINA)
 7.5 DEUTSCHE TELEKOM (GERMANY)
 7.6 KT CORPORATION (SOUTH KOREA)
 7.7 NTT COMMUNICATIONS (JAPAN)
 7.8 ORANGE S A (FRANCE)
 7.9 RELIANCE JIO INFOCOMM (INDIA)
 7.10 SINGTEL (SINGAPORE)
 7.11 SK TELECOM (SOUTH KOREA)
 7.12 SOFTBANK GROUP (JAPAN)
 7.13 TELEFÓNICA (SPAIN)
 7.14 TELENOR GROUP (NORWAY)
 7.15 VERIZON COMMUNICATIONS (USA)
 7.16 VODAFONE GROUP (UK)

Chapter 8: Global Telecom Cloud Market By Region
 8.1 Overview
8.2. North America Telecom Cloud Market
  8.2.1 Key Market Trends, Growth Factors and Opportunities
  8.2.2 Top Key Companies
  8.2.3 Historic and Forecasted Market Size by Segments
  8.2.4 Historic and Forecasted Market Size By Type
   8.2.4.1 Public Cloud
   8.2.4.2 Private Cloud
   8.2.4.3 Hybrid Cloud
  8.2.5 Historic and Forecasted Market Size By Cloud Computing Services
   8.2.5.1 IaaS
   8.2.5.2 PaaS
   8.2.5.3 SaaS
  8.2.6 Historic and Forecasted Market Size By Application
   8.2.6.1 Data Storage
   8.2.6.2 Achieving
   8.2.6.3 Computing
   8.2.6.4 Enterprise Cloud Computing Services
   8.2.6.5 Other Cloud Computing Services
  8.2.7 Historic and Forecast Market Size by Country
   8.2.7.1 US
   8.2.7.2 Canada
   8.2.7.3 Mexico
8.3. Eastern Europe Telecom Cloud Market
  8.3.1 Key Market Trends, Growth Factors and Opportunities
  8.3.2 Top Key Companies
  8.3.3 Historic and Forecasted Market Size by Segments
  8.3.4 Historic and Forecasted Market Size By Type
   8.3.4.1 Public Cloud
   8.3.4.2 Private Cloud
   8.3.4.3 Hybrid Cloud
  8.3.5 Historic and Forecasted Market Size By Cloud Computing Services
   8.3.5.1 IaaS
   8.3.5.2 PaaS
   8.3.5.3 SaaS
  8.3.6 Historic and Forecasted Market Size By Application
   8.3.6.1 Data Storage
   8.3.6.2 Achieving
   8.3.6.3 Computing
   8.3.6.4 Enterprise Cloud Computing Services
   8.3.6.5 Other Cloud Computing Services
  8.3.7 Historic and Forecast Market Size by Country
   8.3.7.1 Bulgaria
   8.3.7.2 The Czech Republic
   8.3.7.3 Hungary
   8.3.7.4 Poland
   8.3.7.5 Romania
   8.3.7.6 Rest of Eastern Europe
8.4. Western Europe Telecom Cloud Market
  8.4.1 Key Market Trends, Growth Factors and Opportunities
  8.4.2 Top Key Companies
  8.4.3 Historic and Forecasted Market Size by Segments
  8.4.4 Historic and Forecasted Market Size By Type
   8.4.4.1 Public Cloud
   8.4.4.2 Private Cloud
   8.4.4.3 Hybrid Cloud
  8.4.5 Historic and Forecasted Market Size By Cloud Computing Services
   8.4.5.1 IaaS
   8.4.5.2 PaaS
   8.4.5.3 SaaS
  8.4.6 Historic and Forecasted Market Size By Application
   8.4.6.1 Data Storage
   8.4.6.2 Achieving
   8.4.6.3 Computing
   8.4.6.4 Enterprise Cloud Computing Services
   8.4.6.5 Other Cloud Computing Services
  8.4.7 Historic and Forecast Market Size by Country
   8.4.7.1 Germany
   8.4.7.2 UK
   8.4.7.3 France
   8.4.7.4 Netherlands
   8.4.7.5 Italy
   8.4.7.6 Russia
   8.4.7.7 Spain
   8.4.7.8 Rest of Western Europe
8.5. Asia Pacific Telecom Cloud Market
  8.5.1 Key Market Trends, Growth Factors and Opportunities
  8.5.2 Top Key Companies
  8.5.3 Historic and Forecasted Market Size by Segments
  8.5.4 Historic and Forecasted Market Size By Type
   8.5.4.1 Public Cloud
   8.5.4.2 Private Cloud
   8.5.4.3 Hybrid Cloud
  8.5.5 Historic and Forecasted Market Size By Cloud Computing Services
   8.5.5.1 IaaS
   8.5.5.2 PaaS
   8.5.5.3 SaaS
  8.5.6 Historic and Forecasted Market Size By Application
   8.5.6.1 Data Storage
   8.5.6.2 Achieving
   8.5.6.3 Computing
   8.5.6.4 Enterprise Cloud Computing Services
   8.5.6.5 Other Cloud Computing Services
  8.5.7 Historic and Forecast Market Size by Country
   8.5.7.1 China
   8.5.7.2 India
   8.5.7.3 Japan
   8.5.7.4 South Korea
   8.5.7.5 Malaysia
   8.5.7.6 Thailand
   8.5.7.7 Vietnam
   8.5.7.8 The Philippines
   8.5.7.9 Australia
   8.5.7.10 New Zealand
   8.5.7.11 Rest of APAC
8.6. Middle East & Africa Telecom Cloud Market
  8.6.1 Key Market Trends, Growth Factors and Opportunities
  8.6.2 Top Key Companies
  8.6.3 Historic and Forecasted Market Size by Segments
  8.6.4 Historic and Forecasted Market Size By Type
   8.6.4.1 Public Cloud
   8.6.4.2 Private Cloud
   8.6.4.3 Hybrid Cloud
  8.6.5 Historic and Forecasted Market Size By Cloud Computing Services
   8.6.5.1 IaaS
   8.6.5.2 PaaS
   8.6.5.3 SaaS
  8.6.6 Historic and Forecasted Market Size By Application
   8.6.6.1 Data Storage
   8.6.6.2 Achieving
   8.6.6.3 Computing
   8.6.6.4 Enterprise Cloud Computing Services
   8.6.6.5 Other Cloud Computing Services
  8.6.7 Historic and Forecast Market Size by Country
   8.6.7.1 Turkey
   8.6.7.2 Bahrain
   8.6.7.3 Kuwait
   8.6.7.4 Saudi Arabia
   8.6.7.5 Qatar
   8.6.7.6 UAE
   8.6.7.7 Israel
   8.6.7.8 South Africa
8.7. South America Telecom Cloud Market
  8.7.1 Key Market Trends, Growth Factors and Opportunities
  8.7.2 Top Key Companies
  8.7.3 Historic and Forecasted Market Size by Segments
  8.7.4 Historic and Forecasted Market Size By Type
   8.7.4.1 Public Cloud
   8.7.4.2 Private Cloud
   8.7.4.3 Hybrid Cloud
  8.7.5 Historic and Forecasted Market Size By Cloud Computing Services
   8.7.5.1 IaaS
   8.7.5.2 PaaS
   8.7.5.3 SaaS
  8.7.6 Historic and Forecasted Market Size By Application
   8.7.6.1 Data Storage
   8.7.6.2 Achieving
   8.7.6.3 Computing
   8.7.6.4 Enterprise Cloud Computing Services
   8.7.6.5 Other Cloud Computing Services
  8.7.7 Historic and Forecast Market Size by Country
   8.7.7.1 Brazil
   8.7.7.2 Argentina
   8.7.7.3 Rest of SA

Chapter 9 Analyst Viewpoint and Conclusion
9.1 Recommendations and Concluding Analysis
9.2 Potential Market Strategies

Chapter 10 Research Methodology
10.1 Research Process
10.2 Primary Research
10.3 Secondary Research
 

Global Telecom Cloud Market

Base Year:

2023

Forecast Period:

2024-2032

Historical Data:

2017 to 2023

Market Size in 2023:

USD 26.8 Bn.

Forecast Period 2024-32 CAGR:

15.5 %

Market Size in 2032:

USD 98.1 Bn.

Segments Covered:

By Type

  • Public Cloud
  • Private Cloud
  • Hybrid Cloud

By Cloud Computing Services

  • IaaS
  • PaaS
  • SaaS

By Application

  • Data Storage
  • Achieving
  • Computing
  • Enterprise Application
  • Other Applications

By Region

  • North America (U.S., Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Increasing adoption of 5G technology worldwide

Key Market Restraints:

  • Complexity of integrating legacy systems with modern cloud platforms

Key Opportunities:

  • Catering to the increasing demand for edge computing capabilities

Companies Covered in the report:

  • AT&T (USA), BT Group (UK), China Mobile (China), Deutsche Telekom (Germany) and Other Major Players.
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Frequently Asked Questions :

What would be the forecast period in the Telecom Cloud Market research report?

The forecast period in the Telecom Cloud Market research report is 2024-2032.

Who are the key players in the Telecom Cloud Market?

AT&T (USA), BT Group (UK), China Mobile (China), Deutsche Telekom (Germany) and Other Major Players.

What are the segments of the Telecom Cloud Market?

The Telecom Cloud Market is segmented into Type, Cloud Computing Services, Application and region. By Type, the market is categorized into Public Cloud, Private Cloud, Hybrid Cloud. By Cloud Computing Services, the market is categorized into IaaS, PaaS, SaaS. By Application, the market is categorized into Data Storage, Achieving, Computing, Enterprise Application, Other Applications. By region, it is analyzed across North America (U.S.; Canada; Mexico), Eastern Europe (Bulgaria; The Czech Republic; Hungary; Poland; Romania; Rest of Eastern Europe), Western Europe (Germany; UK; France; Netherlands; Italy; Russia; Spain; Rest of Western Europe), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).

What is the Telecom Cloud Market?

Telecom Cloud can be described as an Aspect of the Cloud Industry specific to ‘telecom operators’. It is one of the methodologies that deal with the process of virtualization and provision of the functions and services in the network, for instance the voice, data and multimedia communication over some internet protocol basis. Telecom Cloud can help operators transition from the conventional and hardware reliant telecom network to that of a software defined one. By opening up the networks, this change also helps telecoms to get more agility, scalability and efficiency, all of which are essential for supporting the future technologies such as 5G, IoT, and edging computing. Telecom Cloud allows operators to modernize the infrastructure of the company, bring down costs and provide for the deployment of new services that correspond to customer needs in the era of digitalization.

How big is the Telecom Cloud Market?

Telecom Cloud Market Size Was Valued at USD 26.8 Billion in 2023, and is Projected to Reach USD 98.1 Billion by 2032, Growing at a CAGR of 15.5% From 2024-2032.