Press release
Telecom Cloud Market Size – Industry Share Report 2021
Telecom Cloud
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The telecom cloud market size is estimated to grow from USD 10.92 billion in 2016 to USD 30.79 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 23.0%, due to the need for low operational and administration costs & the growing awareness about telecom cloud among the enterprises. As enterprises are looking for easy-to-implement and cost-effective solutions, cloud solutions & services are the most appropriate to cater this requirement. However, risk of information loss is the major restraint in the overall growth of the market.
The implementation of Content Delivery Network (CDN) among businesses is expected to grow with the highest CAGR during the forecast period. CDN helps reduce the workload on the network administration, provides scalability to meet the demand of changing technologies, and helps save the business cost; therefore, it is expected to gain a high market traction.
The professional services in the telecom cloud market is estimated to have the highest growth during the forecast period of 2016–2021, as these are important to manage the entire lifecycle of the solution, till it is completely deployed. This service includes training & consulting, support & maintenance, custom development services, and equipment installing.
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Key Points From Table Of Content :
Company Profiles :
(Company at A Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments)*
• Introduction
• AT&T Inc.
• BT Group PLC
• Verizon Communications Inc.
• Level 3 Communications, Inc.
• Ericsson
• Deutsche Telekom
• NTT Communications Corporation
• Centurylink, Inc.
• Singapore Telecommunications Limited
• Orange Business Services
Other Major Vendors :
• Fusion Telecommunications International, Inc.
• Xo Communications
• Zte Corporation
• Telstra Corporation Limited
• Global It Communications, Inc.
• Business Overview
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Research Coverage :
The global telecom cloud market has been segmented on the basis of type, application, service model, organization size, vertical, and region. The various types of analysis covered in the study include telecom cloud ecosystem, value chain analysis, competitive landscaping, and market dynamics.
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