What is the Historic and Current Scenario of the Telecom Cloud Market?
The telecom cloud market has seen considerable growth due to a variety of factors.
• The size of the telecom cloud market has seen swift expansion in the previous years. The market was valued at $44.7 billion in 2024 and is expected to reach $51.67 billion in 2025, representing a compound annual growth rate (CAGR) of 15.6%.
The significant increase observed during the historical period can be credited to the emergence of hybrid and multi-cloud deployments, the advent of cloud-native architectures, early adoption of NFV (network function virtualization), adjustments to regulatory compliance, and advancements in the integration of artificial intelligence and machine learning.
What are the Forecasted Growth and Key Factors of the Telecom Cloud Market?
The telecom cloud market is expected to maintain its strong growth trajectory in upcoming years.
• Expectations are high for considerable expansion in the telecom cloud market size in upcoming years, with projections to reach $111.19 billion by 2029 exhibiting a compound annual growth rate (CAGR) of 21.1%.
This growth within the forecast period is likely due to factors such as consumer-focused solutions, improved security protocols, expanding cloud-native architectures, a surge in demand for edge computing, and network process automation. The period is also expected to witness significant trends such as emphasis on customer experience, the roll-out of 5G networks, integration of edge computing, the introduction of open RAN (Radio Access Network), and network slicing for personalized services.
What Are The Leading Drivers Of Growth In The Telecom Cloud Market?
The surge in the need for work-from-home (WFH) systems has become an important catalyst for the growth of the telecom cloud industry. The COVID-19 impact has triggered the embrace of the work-from-home scheme. As a consequence of lockdown measures, businesses were compelled to shut their physical office spaces for an extended period, necessitating the adoption of a home-based working model. The telecom cloud provides a feasible tool for setting up workers outside the conventional office setup. For instance, a report by Forbes, a renowned business magazine and media brand from the US, stated that as of June 2023, 12.7% of full-time workers are WFH, and 28.2% are following a mixed model. It was also estimated that by 2025, a staggering 32.6 million Americans will be operating remotely. Hence, this rise in the adoption of the WFH scheme is predicted to further augment the demand for telecom cloud solutions and services, thereby fueling market expansion.
How Are The Segments Defined Within The Global Telecom Cloud Market?
The telecom cloud market covered in this report is segmented –
1) By Type: Public Cloud, Private Cloud, Hybrid Cloud
2) By Computing Service: Infrastructure As A Service (IaaS), Platform As A Service (PaaS), Software As A Service (SaaS)
3) By Organization Size: SMEs, Large Enterprise
4) By Application: Data Storage, Achieving, Computing, Enterprise Application, Other Applications
5) By End users: BFSI, Retail, Manufacturing, Transportation And Distribution, Healthcare, Government, Media And Entertainment, Other End Users
Subsegments:
1) By Public Cloud: Multi-Tenant Public Cloud Solutions, Shared Infrastructure Public Cloud
2) By Private Cloud: Dedicated Private Cloud Solutions, Managed Private Cloud Services
3) By Hybrid Cloud: Hybrid Cloud Infrastructure, Hybrid Cloud Management Solutions
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How Are New Trends Expected To Influence The Growth Of The Telecom Cloud Market?
Technological innovation and progress is a significant trend growing in prominence in the telecom cloud market. Numerous companies in the telecom cloud are innovating and providing solutions with enhanced features powered by advanced technology. The usage of Artificial Intelligence (AI) for automation, including self-diagnostics and problem recognition, is one such example of progress in this space. Major communication service providers (CSPs) are using or planning to use AI for these tasks. As an example, in February 2023, a US-based Data Cloud firm, Snowflake, launched their Telecom Data Cloud which combines the Snowflake data platform with solutions delivered by both Snowflake and partners. Additionally, it integrates industry-specific datasets. This new service aids telecom service providers in abolishing data partitioning within their companies and across the larger ecosystem, thus allowing secure, near-instant access to data. Users can augment this data by utilizing machine learning (ML) models and sharing and analyzing it to make better-informed decisions. Snowflake, along with its partners, intends to aid telecom service providers in speeding up their digital transformation, improving customer experiences, bolstering operational efficiency, and exploiting new data service opportunities through their Telecom Data Cloud.
Who Are the Key Players in the Telecom Cloud Market?
Major companies operating in the telecom cloud market include:
• AT&T Inc.
• BT Group PLC
• Verizon Communications Inc.
• Vodafone Group PLC
• China Telecommunications Corporation
• Amazon Web Services Inc. (AWS)
• Microsoft Corporation
• International Business Machines Corporation (IBM)
• VMware Inc.
• Telefonaktiebolaget LM Ericsson
• Nokia Corporation
• Cisco Systems Inc.
• Red Hat Inc.
• Mavenir Systems Inc.
• Huawei Technologies Co. Ltd.
• Google LLC
• Oracle Corporation
• Deutsche Telekom AG
• China Mobile Communications Corporation
• China Unicom (Hong Kong) Limited
• Orange S. A.
• NTT Communications Corporation
• SoftBank Group Corp.
• Singapore Telecommunications Limited (Singtel)
• Telstra Corporation Limited
• CenturyLink Inc.
• Colt Technology Services Group Limited
• Tata Communications Limited
• Zayo Group Holdings Inc.
• Windstream Holdings Inc.
What Is The Most Dominant Region In The Telecom Cloud Market?
North America was the largest region in the telecom market in 2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the telecom cloud market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
