The IoT telecom services refer to asset management and remote system monitoring, the most prominent IoT telecom application cases. Telecom firms link their different physical assets to the cloud and remotely monitor their operations, conduct firmware upgrades, investigate problems, and keep track of inventories. They are used to connect diverse physical assets to the cloud and remotely manage their operations. The main IoT telecom services types include business consulting services, device and application management services, installation and integration services, IoT billing and subscription management, and M2M billing management. Business consulting services involved in business planning, implementation, and others for IoT in telecom. The different IoT telecom services connectivity include cellular technologies, LPWAN, NB-IoT, and radio frequency-based. The IoT telecom services network management solutions include network performance monitoring and optimization, network traffic management, and network security management for applications in smart building and home automation, capillary networks management, industrial manufacturing and automation, energy and utilities, healthcare, and other applications. The IoT telecom services market research report is one of a series of new reports from The Business Research Company that provides IoT telecom services market statistics, including IoT telecom services industry global market size, regional shares, competitors with a IoT telecom services market share, detailed IoT telecom services market segments, market trends and opportunities, and any further data you may need to thrive in the IoT telecom services industry. This IoT telecom services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global IoT telecom services market size grew from $13.61 billion in 2022 to $18.46 billion in 2023 at a compound annual growth rate (CAGR) of 35.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The IoT telecom services market size is expected to grow to $62.44 billion in 2027 at a CAGR of 35.6%. The increase in adoption of 5G networks across the world will propel the IoT telecom services market during the forecast period. 5G is the 5th generation mobile network for higher speed and responsiveness of wireless networks. With increased 5G network speed, bandwidth, and lower latency, connected devices can communicate effectively, giving telecom companies quicker and better asset management and remote system monitoring options. According to a 2022 study conducted by Verizon, a US-based telecommunications company, and Incisiv, a US-based consumer industry insights company, the overall 5G adoption stands at about 13%, which is expected to triple by 2024. Therefore, increasing the adoption of 5G networks will drive the IoT telecom services market. Technological advancement is a key trend gaining popularity in the IoT telecom services market. Major market players are focusing on creating innovative technologies for strengthening their portfolios, such as integrated Internet of Things (IoT) solutions. For instance, in April 2021, Vi, an Indian telecom operator, announced its integrated Internet of Things (IoT) solutions for organizations to expand its IoT portfolio by offering solutions across industries for smart infrastructure, smart mobility, and smart utilities across its 5G-ready network. The new offering is a secure end-to-end IoT solution that includes connection, hardware, network, application, analytics, security, and support. In July 2022, Ericsson, a Sweden-based company engaged in networking and telecommunications, acquired Vonage for an undisclosed amount. With this acquisition, Ericsson strengthens its mobile network business. The deal allows Ericsson access to powerful building blocks to offer a full range of communications solutions, including Communications Platform as a Service (CPaaS), UCaaS, and CCaaS. Vonage is a US-based company engaged in cloud communications. Major players in the iot telecom services market are AT&T Intellectual Property, Verizon, Deutsche Telekom AG, Huawei Technologies Co, Aeris, China Mobile Limited, Entrust Datacard Corporation, HARMAN International, IBM, Modius Inc., Vodafone Group, Sprint Corporation, Swisscom AG, Singapore Telecommunication Limited, T-Mobile, Vodafone Group PLC, BT Group, CenturyLink, Nippon Telegraph & Telephone Corp, Panorama Software, SAP SE, Softbank Group Corp, Telefonica SA, Telstra, Sierra Wireless, PureSoftware, Sequans Communications, Orange, Telus and MediaTek. North America was the largest region in the IoT telecom services market in 2022. The regions covered in the IoT telecom services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the IoT telecom services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The IoT telecom services market includes revenues earned by entities by providing services such as IoT connectivity services, data storage and management, asset monitoring, and PaaS and SaaS solutions. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global iot telecom services market is segmented - 1) By Service Type: Business Consulting Services, Device And Application Management Services, Installation And Integration Services, IoT Billing And Subscription Management, M2M Billing Management 2) By Connectivity: Cellular Technologies, LPWAN, NB-IoT, Radio Frequency-Based 3) By Network Management Solution: Network Performance Monitoring And Optimization, Network Traffic Management, Network Security Management 4) By Application: Smart Building And Home Automation, Capillary Networks Management, Industrial Manufacturing And Automation, Energy And Utilities, Smart Healthcare, Other Applications

The telecom cloud refers to a software-defined, highly robust cloud architecture that enables telecommunications companies to launch services quickly, respond to changes in demand more rapidly, and centrally manage their resources more efficiently. The main types of telecom cloud include public cloud, private cloud, and hybrid cloud. The hybrid cloud refers to a computing, storage, and services system that combines on-premises infrastructure, private cloud services, and public cloud services. The computing services offers for these cloud services are Infrastructure as A Service (IaaS), Platform as A Service (PaaS), and Software as A Service (SaaS). SMEs, and large enterprises adopt the telecom cloud for various applications including data storage, achieving, computing, enterprise application, and others. The end-user sectors of the telecom cloud services are BFSI, retail, manufacturing, transportation and distribution, healthcare, government, media and entertainment, and others. The telecom cloud market research report is one of a series of new reports from The Business Research Company that provides telecom cloud market statistics, including Telecom cloud industry global market size, regional shares, competitors with a telecom cloud market share, detailed telecom cloud market segments, market trends and opportunities, and any further data you may need to thrive in the telecom cloud industry. This telecom cloud market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global telecom cloud market size grew from $34.63 billion in 2022 to $41.91 billion in 2023 at a compound annual growth rate (CAGR) of 21.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The telecom cloud market size is expected to grow to $85.11 billion in 2027 at a CAGR of 19.4%. The increase in demand for work-from-home (WFH) mechanisms is a significant driving factor for the telecom cloud market. The COVID-19 pandemic has led to the adoption of work-from-home mechanism. Due to the lockdown, organizations had to close their offices for a long time, leading people to work from home. The telecom cloud makes it possible to deploy workers outside the traditional office environment. According to the Organisation for Economic Co-operation and Development, in 2020, 47% in Australia, France, and the UK worked from home during lockdowns. In Japan, where there was no countrywide lockdown, the work from home rate climbed from 10% to 28% between December 2019 and May 2020. Thus, increase in the adoption of work from home is expected to lead to an increase in demand for telecom cloud solutions and services. Technology innovations and advancements is a key trend gaining popularity in the telecom cloud market. Many companies operating in the telecom cloud are developing technologically advanced solutions with improved features. Artificial Intelligence-powered automation is one such advancement in this market. Leading communication service providers (CSP) are utilizing or intend to employ artificial intelligence (AI) to automate self-diagnostics and problem identification. For instance, in 2021, IBM, launched Cloud Pak for Network Automation, a telco cloud platform driven by AI that allows network operations automation, allowing CSPs to modernize their networks, transition to zero-touch operations, save OPEX, and provide services quicker. In May 2021, Google Cloud, a US-based computer application platform that allows to create, deploy, and scale apps, websites, and services on Google's infrastructure acquired MobiledgeX for an undisclosed amount. Through this acquisition, Google will assist telecom operators in building their own edge clouds and developers in adding value to telecommunication services. MobiledgeX is a US-based edge computing company. Major players in the telecom cloud market are AT&T Inc., BT Group PLC, Verizon Communications Inc., Vodafone Group PLC, China Telecommunications Corporation, Dell Technologies Inc., International Business Machines Corporation, Oracle Corporation, Google, Telefonica, Deutsche Telekom, Telstra Corporation Limited, SK Telecom Co Ltd., Saudi Telecom Company, Rogers Communications Inc., and T-Mobile International AG. North America was the largest region in the telecom market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in telecom cloud market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the telecom cloud market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The telecom cloud market includes revenues earned by entities providing engineering infrastructure sustainability talent cloud, infrastructure management services, intelligent engineering automation, intelligent process automation, knowledge process outsourcing. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global telecom cloud market 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

Cloud Service refers to a wide range of on-demand services offered to businesses and customers over the internet. These services are designed to provide easy and affordable access to applications and resources without needing internal infrastructure or hardware. It refers to the servers accessed over the internet and the software and databases on those servers. The main types of cloud services are software as a service (SaaS), platform as a service (PaaS), infrastructure as a service (IaaS) and business process as a service (BPaaS). Software as a service (SaaS) refers to providing complete applications over the Internet. It is also called web-based software, on-demand software, or hosted software. Establishments providing SaaS offer access to their software and hardware, managing access to the application, its security, availability, and performance. Users only need to think about the usage of the service provided and not about how the service is provided or maintained or how the underlying infrastructure is managed. The deployment method used include public cloud, private cloud, hybrid cloud and large enterprises, small and medium enterprises size organizations utilize them. The cloud services are mainly used for storage, backup, and disaster recovery, application development and testing, database management, business analytics, integration and orchestration, customer relationship management and others and used in industries including BFSI, media and entertainment, IT and telecommunications, energy and utilities, government and public sector, retail and consumer goods, manufacturing and others. The cloud services market research report is one of a series of new reports from The Business Research Company that provides cloud services market statistics, including cloud services industry global market size, regional shares, competitors with a cloud services market share, detailed cloud services market segments, market trends and opportunities, and any further data you may need to thrive in the cloud services industry. This cloud services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global cloud services market grew from $446.1 billion in 2022 to $489.77 billion in 2023 at a compound annual growth rate (CAGR) of 9.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The cloud services market is expected to grow to $698.01 billion in 2027 at a CAGR of 9.3%. The impact of COVID-19 (COVID-19) is expected to drive the cloud services market in the forecast period as the increasing number of people are working from home due to lockdowns imposed by governments globally that restrict the gathering of people in public places. Steps by national governments to contain the transmission have resulted in people working from home by accessing work-related systems and applications through the cloud. For instance, cloud spending rose 37% to $29 billion during the first quarter of 2020. This trend is likely to persist, as the exodus to virtual work underscores the urgency for scalable, secure, reliable, cost-effective off-premises technology services. In fact, despite the inevitable economic downturn in the wake of the pandemic, cloud spending is estimated to rise 19% for the full year, even as IT spending as a whole is forecasted to fall 8%. Thus, uncertainty surrounding the duration of the spread of COVID-19 is expected to lead to more companies adopting cloud technology to support their employees working from home, thereby driving the market growth. Security, password protection, and corporate and financial information protection were key issues for the cloud services industry. Similarly, in March 2020 it was reported that the real names, site usernames, gender, location, and phone numbers for 172 million users had been posted for sale on dark web markets. Due to security breaches, the need for firewall protection and network separation to ensure privacy was another major need across all industries. Routine security assessments undertaken with the help of security researchers were needed to analyze programming vulnerabilities, adding to the cloud services industry costs restraining the overall attractiveness of the market. Cloud service providers are increasingly using artificial intelligence to increase the efficiency and speed of cloud computing services. Artificial intelligence leverages computers and machines to mimic the problem-solving and decision-making capabilities of the human mind. Using AI in cloud services can increase productivity and efficiency while automating repetitive tasks and supporting human capabilities. The advantages of using AI for cloud-based services include lowering adoption costs, facilitates co-creation, innovation, and driving AI-powered transformation for enterprises. Cloud service providers can use AI-powered network security tools to track and evaluate network traffic. For example, the IBM cloud park for automation and Amazon GuardDut are some of the AI based cloud services that are used for providing prebuilt workflows for AI-powered automation and for threat detecting. In addition, in 2020, Salesforce, the leading customer relationship management platform introduced a tool named Einstein, which offers the ability to capture customer data, making it easier to track and personalize customer relationships. Major companies in the cloud services market include Microsoft, Amazon.com Inc., SAP SE, International Business, Machines Corporation, Nippon Telegraph And Telephone Corp, Intel Corporation, Dell Technologies Inc., Apple, Tencent Holdings Co Ltd and Orange SA. North America was the largest region in the cloud services market in 2022. Western Europe was the second largest region cloud services market. The regions covered in the hardware support services market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the cloud services market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela and Vietnam. The cloud services market includes revenues earned by entities by providing cloud services that can be used for the delivery of information technology resources and applications on-demand through an internet platform. Companies in the cloud services market provide access to servers, storage, databases and a broad set of application services managed by a hardware networking. This market includes sales of storage servers which are used to store, access, secure and manage digital data, files and services. It also includes sales of public cloud services, private cloud services, hybrid cloud services and multi-cloud services offered by providers are included. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global cloud services market is segmented - 1) By Type: Software as a service (SaaS), Platform as a service (PaaS), Infrastructure as a service (IaaS), Business Process as a service (BPaaS) 2) By End-User Industry: BFSI, Media And Entertainment, IT and Telecommunications, Energy And Utilities, Government And Public Sector, Retail And Consumer Goods, Manufacturing, Other End User Industries 3) By Application: Storage, Backup, and Disaster Recovery, Application Development and Testing, Database Management, Business Analytics, Integration and Orchestration, Customer Relationship Management, Other Applications 4) By Deployment Model: Public Cloud, Private Cloud, Hybrid Cloud 5) By Organisation Size: Large Enterprises, Small And Medium Enterprises

Information technology (IT) is the use of computers, storage, networking and other physical devices, infrastructure and processes to create, process, store, secure and exchange all forms of electronic data. The main type of information technology (IT) are IT services, computer hardware, telecom, and software products. Computer hardware is the physical components that a computer system requires to function and encompasses everything within a PC or laptop. The services are used by large, small, and medium enterprises of financial services, retail and wholesale, manufacturing, healthcare and others. The information technology (IT) market research report is one of a series of new reports from The Business Research Company that provides information technology (IT) market statistics, including information technology (IT) industry global market size, regional shares, competitors with information technology (IT) market share, detailed information technology (IT) market segments, market trends and opportunities, and any further data you may need to thrive in the information technology (IT) industry. This information technology (IT) market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global information technology market grew from $8179.48 billion in 2022 to $8852.41 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The information technology market is expected to grow to $11995.97 billion in 2027 at a CAGR of 7.9%. The demand for cloud computing services is expected to drive the demand for IT services during the forecast period. In the cloud computing model, data is stored on the internet by a cloud computing provider, who manages and operates data storage as a service. Many companies are now choosing applications hosted in the cloud for their day-to-day operations. For example, according to statistics provided by hostingtribunal.com, 60% of computing workloads were running in the public cloud in 2019. Similarly, 94% of enterprise workloads are expected to be processed by cloud data centers in 2021. Companies are also opting for cloud-based data storage, thus boosting the demand for IT services. The outbreak of COVID-19 disease (COVID-19) has acted as a significant restraint on the information technology market in 2020 as supply chains were disrupted due to trade restrictions and employees working for these establishments faced difficulties related to infrastructure and communication owing to lockdowns imposed by governments globally, forcing them to work from home. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China and spread globally, including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity, with countries entering a state of 'lock down,' and the outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the information technology market will recover from the shock across the forecast period as it is a 'black swan event and not related to ongoing or fundamental weaknesses in the market or the global economy. Over the past five years there has been an increasing prevalence of low cost open source alternatives. Open source has become a preferred platform for developing new technology. In the past, software publishers would open source software that was not making money, but now companies are open sourcing software to increase their presence and share in the market. Supabase, a YC-incubated startup that offers developers an open-source alternative, announced that it had raised a $6 million in funding to create new open-source tools. Major companies in the information technology (IT) market include Apple, Microsoft, Verizon Communications, China Mobile, AT&T Inc., Huawei, Deutsche Telekom AG, Dell Technologies Inc., Samsung Electronics Co., Ltd. and Comcast Corporation. Asia-Pacific was the largest region in the information technology (IT) market in 2022. North America was the second largest region of the information technology market. The regions covered in the information technology market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the information technology (IT) market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela and Vietnam. Major companies in the information technology (IT) market include Apple, Microsoft, Verizon Communications, China Mobile, AT&T Inc., Huawei, Deutsche Telekom AG, Dell Technologies Inc., Samsung Electronics Co., Ltd. and Comcast Corporation. Asia-Pacific was the largest region in the information technology (IT) market in 2022. North America was the second largest region of the information technology market. The regions covered in the information technology market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the information technology (IT) market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela and Vietnam. The information technology (IT) market consists of revenues earned by entities by providing IT services such as computer networking, broadcasting, systems design services and information distribution technologies like television and telephones and other equipment used during the process. The market value includes the value of related goods sold by the service provider or included within the service offering. The information technology market also includes sales of computers, computer peripherals and telecommunications equipment which are used in providing IT services. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global information technology market is segmented - 1) By Type: IT Services, Computer Hardware, Telecom, Software Products 2) By Organization Size: Large Enterprise, Small and Medium Enterprise 3) End User Industry: Financial Services, Retail & Wholesale, Manufacturing, Healthcare, Other End User Industries Subsegments Covered: Hardware Support Services, Software And BPO Services, Cloud Services, Computer Peripheral Equipment, Computer Storage Devices And Servers, Computers, Wireless Telecommunication Carriers, Wired Telecommunication Carriers, Communications Hardware, Satellite & Telecommunication Resellers, Operating Systems & Productivity Software Publishing, Database, Storage & Backup Software Publishing, Business Analytics & Enterprise Software, Video Game Software, Design, Editing & Rendering Software

The unified communication as a service refers to cloud-based service delivery models that offer all the necessary infrastructure, applications, and resources. It enables businesses to centralize their entire communication architecture and provide access to a variety of turnkey applications and services without the need to invest in bulky IT hardware or specialized support teams. The main components of the unified communication as a service market are telephony, unified messaging, collaboration platforms, conferencing, and other components. Telephony involves the development, application, and deployment of telecommunication services. The various unified communication as a service solution include software and services for different organizations, including small and medium-sized enterprises (SMEs) and large enterprises. The different unified communication as a service verticals include banking, financial services and insurance, IT and telecommunications, IT-enabled services, education, retail and consumer goods, government and defense, healthcare, and other verticals. The unified communication as a service market research report is one of a series of new reports from The Business Research Company that provides unified communication as a service market statistics, including unified communication as a service industry global market size, regional shares, competitors with a unified communication as a service market share, detailed unified communication as a service market segments, market trends and opportunities, and any further data you may need to thrive in the unified communication as a service industry. This unified communication as a service market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry. The global unified communication as a service (UCaaS) market size grew from $34.27 billion in 2022 to $38.51 billion in 2023 at a compound annual growth rate (CAGR) of 12.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The unified communication as a service (UCaaS) market size is expected to grow to $65.1 billion in 2027 at a CAGR of 14.0%. The rising demand for BYOD and mobility is expected to propel the growth of the unified communication as a service market. BYOD (bring your own device) means being allowed to use one's personally owned device, rather than being required to use an officially provided device by an organization, offering greater productivity gains. Certain studies have shown that BYOD can increase productivity, employee satisfaction, and cost savings for the company. According to TechJury, a business software solutions company, as of October 2021, 67% of employees use their own personal devices at the workplace and 59% of organisations have adopted BYOD. Therefore, the increase in demand for BYOD and mobility is driving the growth of the unified communications as a service market. Artificial intelligence (AI)-induced automated transcription is a key trend gaining popularity in the unified communication as a service market. AI transcription refers to the speech-to-text technology that replaces the requirement of a manual process. It saves time and increases the capabilities of industry professionals. Automated transcriptions are supported by the principle of automatic speech recognition. For instance, in 2020, Verbit, a US-based company that uses smart AI technology to provide captions and transcription with speed and automation, launched its AI-powered transcription service, used by students, working professionals, and media outlets. Verbit's AI-induced automated transcription software delivers 99% accuracy rates in real-time. In June 2021, Unisys, a US-based information technology company, acquired Unify Square for a deal amount of $152.5 million. The acquisition will allow Unisys to leverage the Unified Communications as a Service (UCaaS) offerings from Unify Square to assist its experience-focused digital workplace services. It will also allow Unisys' digital workplace business to drive increased revenue growth and improved profitability. Unify Square is a US-based company that provides unified communications as a service, purpose-built software, cloud-managed services, and consulting. The major players in the unified communication as a service market are 8x8 Inc., ALE International, Avaya Inc., Cisco Systems, Fuze, Inc., Genesys, LogMeIn, Masergy Communications, Inc., Metaswitch Networks Ltd., Microsoft Corporation, Mitel Networks Corporation, NTT Communications Corporation, Ringcentral, Inc., Sify Technologies, Ltd., Tata Communications Ltd., Verizon Communication, Inc., Vonage, Alcatel-Lucent Enterprise, Amazon.com, AT & T Inc., CenturyLink, Dial. North America was the largest region in the unified communication as a service market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the unified communication as a service market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the Unified Communication as a Service (UCaaS) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The unified communication as a service (UCaas) market includes revenues earned by entities by providing unified communication services such as enterprise telephony, audio/video/ web conferencing, unified messaging, data mobility, instant messaging, and communication-enabled business operations to form unified communications channel within the organizations. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global unified communication as a service UCaaS market is segmented - 1) By Component: Telephony, Unified Messaging, Collaboration Platforms, Conferencing, Other Components 2) By Solution: Software, Services 3) By Vertical: Banking, Financial Services And Insurance, IT And Telecommunications, IT-enabled Services, Education, Retail And Consumer Goods, Government And Defense, Healthcare, Other Verticals 4) By Organization Size: Small and Medium-Sized Enterprises (SMEs), Large Enterprises

Voice over Internet Protocol (VoIP) is a communications technology that enables people to communicate via audio over the internet rather than via a traditional telephone line. VoIP enables making a call directly from a computer or a special VoIP phone. The main types of VoIP are integrated access or session initiation protocol (SIP) trunking, managed IP PBX and hosted IP PBX. The session initiation system (SIP) is used to enable the VoIP by managing the actual elements to support voice calls, instant messaging, media distribution and video conferencing. The different call types include international VoIP calls, domestic VoIP calls and have several access types such as phone to phone, computer to computer, computer to phone and can access. The different mediums include fixed, mobile and is used by various verticals such as consumers, small and medium businesses, large enterprises. The voice over internet protocol (VoIP) market research report is one of a series of new reports from The Business Research Company that provides voice over internet protocol (VoIP) market statistics, including voice over internet protocol (VoIP) industry global market size, regional shares, competitors with a voice over internet protocol (VoIP) market share, detailed voice over internet protocol (VoIP) market segments, market trends and opportunities, and any further data you may need to thrive in the voice over internet protocol (VoIP) industry. This voice over internet protocol (VoIP) market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global voice over internet protocol (VoIP) market size grew from $106.62 billion in 2022 to $120.38 billion in 2023 at a compound annual growth rate (CAGR) of 12.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The voice over internet protocol (VoIP) market size is expected to grow to $207.77 billion in 2027 at a CAGR of 14.6%. The growing adoption of 5G technology is expected to drive the growth of the voice over internet protocol (VoIP) market in the coming years. 5G provides faster transmissions, lower latency, and the ability to connect a larger number of devices by providing gigabyte rates, which will provide enough bandwidth for VoIP. As a result, a growing number of businesses are switching to VoIP to replace their outdated PSTN phone systems. Switching to VoIP improves call quality and dependability while lowering call and infrastructure costs significantly. For instance, according to vXChnge, a US-based colocation and data center service provider, by 2024 5G networks are projected to cover 40% of the world, handling 25% of all mobile traffic data. Therefore, the growing adoption of 5G technology propels the growth of the VoIP market. The smarter VOIP assistants is shaping the VoIP market. Smarter VoIP Assistants such as Apple's Siri, Amazon's Alexa, and Google's Ok Google can help customers automate a variety of tasks including routing calls to agents and forwarding calls to voicemail. Furthermore, with these tools at their disposal, consumers will no longer need to send simple questions to agents because the virtual assistant will be able to respond. According to DialogTech, a US-based software company, in 2020, 28% of people are using smarter VOIP assistants for business calls. In August 2021, TelcoSwitch, a UK-based telecommunications service provider acquired SureVoIP for an undisclosed amount. Through this acquisition TelcoSwitch's portfolio will be bolstered by the addition of more IP, notably strengthening the company's solutions for the SOHO/micro-market and paving the way for new residential-based services. SureVoIP is a UK-based telephony service provider that supplies business VoIP services to the businesses based in the UK. Major players in the voice over internet protocol (VoIP) market are Verizon Communications, Comcast, Orange S.A., AT&T, Charter Communications, Vonage, Altice USA Inc., Telmex, Time Warner Cable, Numericable, Cox Communications, Rogers Communications, Sprint Corporation, TalkTalk Group, RingCentral, Patton Electronics, San Antonio Telephone Co., and OneVoice Communications Inc. Asia-Pacific was the largest region in the VoIP market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the voice over internet protocol (VoIP) report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the voice over internet protocol (VoIP) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The voice over Internet Protocol (VoIP) market includes revenues earned by entities by real-time transport protocol (RTP), designed to carry streaming audio and video. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global voice over internet protocol voip market is segmented - 1) By Type: Integrated Access Or Session Initiation Protocol (SIP) Trunking, Managed IP PBX, Hosted IP PBX 2) By Access Type: Phone To Phone, Computer To Computer, Computer To Phone 3) By Call Type: International VoIP Calls, Domestic VoIP Calls 4) By Medium: Fixed, Mobile 5) By End User: Consumers, Small And Medium Businesses, Large Enterprises

Cellular M2M is the communication between any two devices from any location with enabled (subscriber identity module) SIM cards. The main types of cellular M2M services are connectivity services, professional services and managed services. Cellular M2M professional services are available to assist customers in the development and deployment of custom M2M (machine-to-machine) applications and solutions. The cellular M2M services are offered to large enterprises, and small and medium enterprises (SMEs) for various applications such as asset tracking and monitoring, predictive maintenance, telemedicine, fleet management, warehouse management, industrial automation, smart meter and others and are applied in various areas including healthcare, energy and utilities, transportation and logistics, manufacturing and other industries. The cellular M2M market research report is one of a series of new reports from The Business Research Company that provides cellular M2M market statistics, including cellular M2M industry global market size, regional shares, competitors with a cellular M2M market share, detailed cellular M2M market segments, market trends and opportunities, and any further data you may need to thrive in the cellular M2M industry. This cellular M2M market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global cellular M2M market size grew from $11.79 billion in 2022 to $15.29 billion in 2023 at a compound annual growth rate (CAGR) of 29.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The cellular M2M market size is expected to grow to $36.47 billion in 2027 at a CAGR of 24.3%. The adoption of technologies with high-speed internet and connectivity, such as 4G and 5G, is expected to fuel the growth of the cellular M2M market in the forecast period. Wireless networking is becoming more common across industries as it is used to communicate with consumers and make operations more flexible. M2M communications can be carried out over wide area networks (WANs), which are enabled by cellular networks. 5G speed and reliability are expected to have a massive impact on M2M. For instance, the 5G services market is expected to increase from 69.39 million in 2020 to 177.87 million in 2025, thus supporting the growth of the market. Therefore, the adoption of high-speed internet and connectivity technologies, such as 4G and 5G, is expected to drive the growth of the cellular M2M market. Increasing concerns about data privacy and security hindered the market growth in the historic period. Rising device hacking incidences for unauthorized access in wireless communication intrusion is a reason behind increasing concern for data privacy and security For instance, according to the cybersecurity threatscape report by Positive Technologies, a Russia-based cybersecurity company, the number of cyberattacks increased by 17% in Q1 of 2021 as compared to Q1 2020, and it increased by 1.2% as compared to Q4 2020. Moreover, in June 2022, according to Forbes, a US-based business magazine, the average frequency of data breaches and cyberattacks rose by 15.1% in 2021 compared to 2020. Therefore, the rising concern about security and data privacy negatively impacted the market growth. The companies in the market are increasingly investing in integrating payment terminals to cater to the growing demand for mobile payments. The companies in the market are increasingly integrating flexible point-of-sale systems with fully integrated UX to cater to the changing purchasing behaviour. For instance, in 2020, Verizon Communications Inc., a US-based cellular M2M company, launched its new solution, Clover Flex, in partnership with Finserv, which is a mobile point-of-sale device that can enable touchless payments. In December 2020, Wireless Logic, a leading global IoT connectivity platform provider, acquired Arkessa Ltd. for undisclosed amount. Arkessa is a global IoT cellular connectivity services provider headquartered in the UK. This acquisition is expected to strengthen Wireless Logic market position through Arkessa’s team of IoT and M2M experts who are specialized in the integration of multiple networks and emerging wireless technologies. Major players in the cellular M2M market are Deutsche Telekom AG, AT&T Inc., Verizon Communications Inc., China Mobile, Telefonica S.A., Aeris, China Telecom, 10T, Arm Holdings, Infineon, Kore Wireless, Orange S.A., SK Telecom, Vodafone Group PLC, and Sierra Wireless. North America was the largest region in the cellular M2M market in 2022. Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the cellular M2M market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the cellular M2M market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The cellular M2M market includes revenues earned by entities by providing cellular M2M services. The machines can be in communication through a wireless or wired connection. The cellular M2M is used for applications such as asset tracking and monitoring, predictive maintenance, telemedicine, fleet management, warehouse management, industrial automation and smart meters. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global cellular M2M market is segmented - 1) By Services: Connectivity Services, Professional Services, Managed Services 2) By Organization Size: Large Enterprises, Small And Medium Enterprises (SMEs) 3) By Application: Asset Tracking And Monitoring, Predictive Maintenance, Telemedicine, Fleet Management, Warehouse Management, Industrial Automation, Smart Meter, Other Applications 4) By End-User: Healthcare, Energy And Utilities, Transportation And Logistics, Manufacturing, Other End-Users

Lawful interception refers to legally sanctioned surveillance of communication between individuals by law enforcement agencies through phone, email, and other electronic means of tapping. In lawful interception, the service provider provides law enforcement officials with intercepted communications of private individuals or organizations. The main types of devices in lawful interception are mediation devices, routers, intercept access points (IAP), gateways, switches, management servers, and others. The mediation device allows two different devices to interconnect through it by offering such services as protocol conversion and mediation. The mediation devices are used to provide the interface to set up and provision the lawful intercept. The various network technology used a voice-over-internet protocol (VOIP), long-term evolution (LTE), wireless local area network (WLAN), worldwide interoperability for microwave Access (WiMAX), digital subscriber line (DSL), public switched telephone network (PSTN), integrated services for the digital network (ISDN) and others. The different communication content includes voice communication, video, text messaging, facsimile, digital pictures, and file transfer. The lawful interception end users are lawful enforcement agencies and the government. The lawful interception market research report is one of a series of new reports from The Business Research Company that provides lawful interception market statistics, including the lawful interception industry global market size, regional shares, competitors with a lawful interception market share, detailed lawful interception market segments, market trends and opportunities, and any further data you may need to thrive in the lawful interception industry. This lawful interception market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global lawful interception market size grew from $3.57 billion in 2022 to $4.34 billion in 2023 at a compound annual growth rate (CAGR) of 21.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The lawful interception market size is expected to grow to $9.54 billion in 2027 at a CAGR of 21.7%. The increase in cybercrimes are expected to propel the growth of the lawful interception market. Cybercrimes are defined as the increasing number of cyber-attacks through social media, the internet, and hacking software. The increased cybercrimes are responsible for the growth of lawful interceptions as it is a key tool for identifying crimes. For instance, according to the Legal jobs portal, Data breaches exposed over 4 billion records and doubled to 9.6 billion by the end of the year it involves 28% of the malware 52% of hacking, and 26% of cybercrimes by intentions traced to espionage and other such reasons. Therefore, increasing cybercrimes drive the lawful interception market. The deployment of 5G networks is a key trend gaining popularity in the lawful interception market. 5G networks emerged as a vital technology that is being used by various industries. 5G is helpful in lawful interception by providing virtualization and containerization, triggering, security, and standardized X-interfaces. For instance, 5G networks are expected to cover one-third of the world’s population and also account for 1.2 billion connections by 2025. Therefore, the deployment of 5G networks is an emerging trend in the lawful interception market. In November 2021, SS8 networks, a US-based company operating in the lawful interception, lawful intelligence, and monitoring center platforms partnered with Ocient. This partnership enables limitless scale analytics while delivering a low cost of ownership and can LEAs can leverage full-resolution data sets with typically one-fifth of the storage footprint of copy-based data management solutions and the customers benefit from efficient deployment and simplicity with SS8. Ocient is a US-based company operating in a lawful interception. Major players in the lawful interception market are Utimaco, Vocal Technologies, AQSACOM, Verint, BAE Systems, SS8 Networks., Signalogic, IPS S.P.A., Tracespan, Accuris Networks, EVE Compliancy Solutions, Squire Technologies, Incognito Software, Incognito Software, Net Optics, and Ixia. North America was the largest region in the lawful interception market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the lawful interception market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the lawful interception market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The lawful interception market consists of revenues earned by entities that are engaged in providing services such as authentication, virtual networks, local area networks, the internet of things, telecommunication, law enforcement, and networking function. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global lawful interception market is segmented - 1) By Device: Mediation Devices, Routers,Intercept Access Point (IAP),Gateways,Switches, Management Servers, Other Devices 2) By Network Technology: Voice-Over-Internet Protocol (VoIP), Long Term Evolution (LTE), Wireless Local Area Network (WLAN),Worldwide Interoperability for Microwave Access (WiMAX),Digital Subscriber Line (DSL),Public Switched Telephone Network (PSTN), Integrated Services for Digital Network (ISDN), Other Network Technologies 3) By Communication Content: Voice Communication, Video,By End User: Lawful Enforcement Agencies, Government, Text Messaging, Facsimile,Digital Pictures, File Transfer 4) By End User: Lawful Enforcement Agencies, Government