Telecom Cloud Market 2018 Analysis by Key Players, Supply, Consumption, Demand, Growth, Application, Analysis and Forecast to 2023

Telecom Cloud Industry 2018 Global Market research report provide detailed analysis of growth factors of the Telecom Cloud industry as well as it gives analysis of market share, trends, size, Business Methodologies, Financial Overview, Growth Prospects and forecast till 2023. The Telecom Cloud industry report has studied key Strategies in the market i.e Emerging and Manipulating factor which is useful to the Sales revenue and business Generation.

The global telecom cloud market is expected to grow from USD ~9 Billion in 2016 to USD ~ 29 Billion by 2022, at an estimated CAGR of ~20%. The growth of this market is predicted to be constrained by security issue related to use of public cloud services in a secure manner.

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Competitive Analysis
The market demonstrates a huge potential for increasing at an expedited pace. The market is very well defined in terms of segments relating to the products as well as the end users that are a part of the market. The product offering of the market has diversified tremendously as compared to the past few years, thereby making the market more lucrative for current and new contenders. The long term sustainability of the market is however greatly dependent on the tactics and the strategic roadmaps that are employed by market players. The enhanced financial liquidity of the competitors in the market has increased thereby proving new opportunities for growth of the market. The market attractiveness and competitors’ dynamics are greatly enhanced by the strategies that are being employed by market players.

The major companies in the market for telecom cloud are China Telecommunications Corporation (China), AT&T Inc.(U.S.), Telus Corporation (U.S.), BT Group PLC (U.K.), NTT Communications Corporation(Japan), CenturyLink, Inc.(U.S.), Verizon Communications, Inc.(U.S.), Fusion Telecommunications International, Inc.(U.S.), T-Mobile International AG(Germany), and Telstra Corporation Limited (Australia) among others.

Industry Updates:
June 2018 Flowroute which is a Seattle-based cloud telecom company is set to be acquired by West Corporation In a move to increase its present service technology. Flowroute gives a cloud-based, voice-over-Internet service to businesses. Its service allows developers and enterprises to incorporate and direct calling and messaging more effortlessly. Flowroute’s HyperNetwork service is expected to bring a cloud-based communication system into the West Corporation’s fold.

Segments:
The telecom cloud market has been segmented on the basis of applications, services, solutions, end users and cloud platform. The services segment of the market includes network as a service and communication as a service. The segmentation of the market on the basis of applications consists of customer management & provisioning, billing, and traffic management among others. The solutions segment includes Content Delivery Network (CDN), Unified Communication and Collaboration (UCC), WebRTC and Over-the-Top (OTT) among others. The cloud platform segment consists of PaaS, SaaS, and IaaS. The end users segment comprises of healthcare, banking, transportation, government, and entertainment among others.

Regional Analysis
The regional analysis of telecom cloud market covers areas such as North America, Europe, Asia pacific, and rest of the world. The North American region is anticipated to lead the telecom cloud market due to improved penetration of organization with employees having strong technical knowledge and who are keen to quickly adopt the telecom cloud services for enhanced connectivity and communication. It also provides improved technologies for sustaining the telecom cloud market in the North American region. The Asia Pacific region will perceive expansion in the forecast period due to government regulations concerning the adoption of best in class technologies. In the European region, a cloud initiative is providing telecom companies with an infrastructure for storing and managing data and computers, given that the high performance computers for processing of data and high speed connectivity for transportation of data. The telecom cloud in the European region is likely to place Europe as a data driven innovation thereby boosting and improving competitiveness of the digital market in Europe.

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