Worldwide Telecom Cloud Industry to 2030 - Growing Telecom Dependence Presents Opportunities - ResearchAndMarkets.com

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DUBLIN, January 20, 2022--(BUSINESS WIRE)--The "Telecom Cloud Market By Type, Computing Service, and End User: Global Opportunity Analysis and Industry Forecast, 2021-2030" report has been added to ResearchAndMarkets.com's offering.

A telecom cloud represents the data center resources that are required to deploy and manage a mobile phone network with data transfer capabilities by carrier companies in production operations at scale. The advancements in the information and communications technology have brought remarkable changes in the global business operation. Various government and public enterprises are dependent on important information infrastructure services. In addition, organizations are now showing more interest in cloud services to meet the growing demand from business operations.

With surge in demand for cost-effective and user-friendly browser-based communication solutions, many notable vendors are focusing in introducing vertical-specific web real-time communication (WebRTC) solutions and services in North America, which, in turn, is expected to boost the growth of the market. Due to the COVID-19 pandemic, the telecom industry is experiencing a transformational period of advancement to adjust itself as per new technologies and cloud patterns. With an increasing number of people currently working from home, obtaining educational resources for homeschooling, and streaming video entertainment is on rise. Given this, the telecom industry is naturally seeing spikes in voice, data, and broadband services.

The global telecom cloud market is segmented into type, computing service, application, and end user. Depending on type, the market is categorized into public, private, and hybrid cloud. On the basis of computing service, it is fragmented into IaaS, SaaS, and PaaS. By end user, it is segregated into BFSI, retail & consumer goods, healthcare & life sciences, media & entertainment, and others. Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.

Key Benefits

  • The study provides an in-depth analysis of the telecom cloud market along with current trends and future estimations to elucidate imminent investment pockets.

  • Information about key drivers, restraints, and opportunities and their impact analysis on the market size is provided in the report.

  • The Porter's five forces analysis illustrates the potency of buyers and suppliers operating in the industry.

  • The quantitative analysis of telecom cloud market for the period 2020-2030 is provided to determine the market potential.

Market Dynamics

Drivers

  • Faster deployment and scalability of services with the help of telecom cloud

  • Significant capital reductions over legacy telecom models

Restraints

  • Limitations of the cloud model

  • Third-party dependence and data privacy concerns in the public cloud

Opportunities

  • Growing telecom dependence

  • Significant advances in the domain of cloud computing and telecom services

Companies Mentioned

  • Microsoft

  • AWS

  • Google

  • Oracle

  • IBM

  • AT&T

  • Verizon

  • Dell

  • Etisalat and Telstra

For more information about this report visit https://www.researchandmarkets.com/r/ibeq28

View source version on businesswire.com: https://www.businesswire.com/news/home/20220120005897/en/

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