Global Telecom Cloud Market was valued at USD 15.23 billion in 2018 and is expected to reach at USD 68.78 million by 2026 at a CAGR of 20.74% over forecast period 2019-2026.
A telecom cloud provider is a telecommunications company that has shifted a significant part of its business from landline service to devote resources to providing cloud computing services. Various factors such as an increasing demand for over the top cloud services, lower operational, administrative costs, and growing awareness about telecom cloud among small and large enterprises are expected to drive the growth of the market. Moreover, factors such as an increasing telecom sector in developing countries such as China, India, and Brazil and rising smartphone penetration across the globe is expected to create lucrative opportunities over forecast period.
The report covers the detailed analysis global Telecom Cloud industry with the classifications of the market on the product type, applications, and region. Analysis of past market dynamics from 2016 to 2019 is given in the report, which will help readers to benchmark the past trends with current market scenarios with the key players' contribution in it.
The report has profiled major key players in the market from different regions. However, the report has considered all market leaders, followers, and new entrants with investors while analyzing the market and estimation the size of the same. The manufacturing environment in each region is different and focus is given on the regional impact on the cost of manufacturing, supply chain, availability of raw materials, labor cost, availability of advanced technology, trusted vendors are analyzed and the report has come up with recommendations for a future hot spot in North America region. The major country’s policies about the oil and gas industry and its impact on Telecom Cloud manufacturer are covered in the report.
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However, factors such as the risk of cyber threats, stringent telecom regulations, lack of IT infrastructure and technical expertise are expected to restrain the market growth over forecast period.
Global Telecom Cloud Market Segmentation Analysis:
Global Telecom Cloud Market is segmented by Application, by type, by end users, by organization type and by region. By Application market is segmented into Billing and Provisioning, Traffic Management and Others. Among all of these Cloud billing and provisioning segment holds 45% market share in 2018 and expected to keep its dominance over forecast period.
Factors such as an Increasing demand of advanced & secure billing operations, and the need for centralization and convergence of billing system are driving the growth of this segment over forecast period. By Organization Size, Large Enterprises segment held 55% market share in 2018 and expected to keep its dominance over forecast period at a CAGR of xx% thanks to an increasing adopting of telecom cloud in this organizations.
Global Telecom Cloud Market Regional Insights:
By geography, market is segmented into North America, Europe, APAC, MEA& Africa and Latin America. North America held 35% market share in 2018 and is expected to keep its dominance over forecast period. Various factors such as major prominent telecom companies like AT&T Inc., Verizon Communications Inc., and Level 3 Communications, Inc. are present in this region. Many North American SMEs and large enterprises are making huge investments in the cloud infrastructure owing to its increased benefits.
North America is followed by APAC. The Asia-Pacific region is expected to grow at fastest CAGR 14.21% over forecast period. Rising awareness about telecom cloud among enterprises is expected to drive the market growth in this region. APAC is followed by Europe with xx%.
The objective of the report is to present a comprehensive analysis of the Global Telecom Cloud Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants.
PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Telecom Cloud Market dynamics, structure by analyzing the market segments and project Global Telecom Cloud Market Clear representation of competitive analysis of key players by price, financial position, Product portfolio, growth strategies, and regional presence in the Global Telecom Cloud Market the report investor’s guide.
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Global Telecom Cloud Market, By Type
• Solution
o Unified Communication and Collaboration
o Content Delivery Network
o Other Solutions
• Service
o Colocation Services
o Network Services
o Professional Services
o Managed Services
Global Telecom Cloud Market, By Cloud Platform
• Software-as-a-Service
• Infrastructure-as-a-Service
• Platform-as-a-Service
Global Telecom Cloud Market, By Application
• Billing and Provisioning
• Traffic Management
• Other Applications
Global Telecom Cloud Market, By End-Use
• BFSI
• Retail
• Manufacturing
• Transportation and Distribution
• Healthcare
• Government
• Media and Entertainment
• Other End Users
Global Telecom Cloud Market, by Region
• Asia Pacific
• North America
• Europe
• South America
• Middle East & Africa
Key Players Operating in the Global Telecom Cloud Market
• AT&T Inc.
• BT Group PLC
• Verizon Communications Inc.
• Level 3 Communications Inc.
• Telefonaktiebolaget L.M. Ericsson
• Deutsche Telekom
• NTT Communications Corporation
• CenturyLink, Inc.
• Singapore Telecommunications Limited
• Orange Business Services
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