Telecom Cloud Market 2018 Global Industry Analysis by Leading Players: Verizon Communications, Fusion Telecommunications International, NTT Communications Corporation, CenturyLink, Telstra Corporation

Global Telecom Cloud Market, by Services (Communication as a Service, Network as a Service), by Applications (Billing, Customer Management, Provisioning & Traffic Management), by Cloud Platform (SaaS, PaaS, IaaS) - Forecast 2022

The move of telecommunication companies from landline services to the cloud computing services has increased the market’s demand significantly. Market reports linked to the information and communications technology sector made available by Market Research Future along with published reports on other sectors have been recently published along with a report on this industry. The market is anticipated to achieve revenues worth USD 29 Billion approximately by 2022, at an expected CAGR of 20 percent in the duration of the forecast period.

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The need for IT optimization that can lead to lower costs, and more elasticity and speed has increased the pace of growth of the market. With the rising significance of cloud computing in telecommunication industry, the rise in the value of access networks is providing network service providers with new business prospects. The amplified transparency of principal cloud providers will also add to the development of telecom cloud market.

Major Key Players

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

According to Market Research Future Analysis, Global Telecom Cloud Market has been valued at USD ~29 Billion by the end of forecast period with CAGR of ~20% during forecast period 2016 to 2022.

What our report offers:

– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements

Connectivity increases the value of access networks and provides network service providers with new business opportunities The major driving factor for growth of telecom cloud market is IT modernization which implies full utilization of public cloud services for availing benefits of cost saving and innovation in a well-established modern IT environment. Modern IT platform is also promoting the digital business. The increased transparency of leading cloud providers will also contribute to the growth of telecom cloud market. Connectivity provided by telecom cloud increases the value of access networks and provides new business opportunity to network service providers

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.

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Segmentation:

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 is being studied for areas such as Asia pacific, North America, Europe and rest of the world. North America is expected to dominate the telecom cloud market owing to increased penetration of organization with employees possessing strong technical knowledge who are willing to rapidly adopt the telecom cloud services for better communication and connectivity. It also provides enhanced technologies for supporting the telecom cloud market in the North American region. Asia pacific will experience growth in forecast period owing to government regulations regarding adoption of best in class technologies. In Europe, a European cloud initiative is started to provide telecom companies with an infrastructure for storing and managing data and computers, providing high performance computers for processing of data and high speed connectivity for transportation of data. The telecom cloud of European region is expected to position Europe as data driven innovation thereby improving competitiveness and boosting the digital market of Europe.

Intended Audience

• Telecom companies
• Service providers
• Consultancy firms
• Traffic control organization
• System integrator
• Cloud facilitators
• End users

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