Press release
Registering CAGR of 21.8% | The Telecom Cloud Market Reach USD 125 Billion by 2030
The rapid expansion of IT organizations and the telecommunication industry and modernization of information technology drive the growth of the global telecom cloud market. On the other hand, certain limitations of the cloud model impede the growth to some extent. However, significant advances in the domain of cloud computing and telecom services are expected to create lucrative opportunities in the industry.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ (๐๐๐ญ ๐ ๐ฎ๐ฅ๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐ข๐ง ๐๐๐ - 196 ๐๐๐ ๐๐ฌ) ๐๐ญ: https://www.alliedmarketresearch.com/request-sample/A12277
The global telecom cloud market size was valued at $18 billion in 2020, and is projected to reach $125 billion by 2030, registering a CAGR of 21.8% from 2021 to 2030.
The global telecom cloud industry is segmented into type, computing service, end user, and region. Depending on type, the market is segregated 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 categorized 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.
๐๐๐๐๐ฌ๐ฌ ๐ญ๐ก๐ ๐๐ฎ๐ฅ๐ฅ ๐ฌ๐ฎ๐ฆ๐ฆ๐๐ซ๐ฒ ๐๐ญ : https://www.alliedmarketresearch.com/telecom-cloud-market-A12277
Based on type, the public cloud segment held the major share in 2020, garnering more than two-thirds of the total market. The hybrid cloud segment, however, would cite the fastest CAGR of 24.7% during the forecast period.
By computing services, the IaaS segment accounted for more than two-fifths of the total market revenue in 2020 and is anticipated to retain its dominance by 2030. The SaaS segment, on the other hand, would grow at the fastest CAGR of 22.80% from 2021 to 2030.
๐๐ ๐ฒ๐จ๐ฎ ๐ก๐๐ฏ๐ ๐๐ง๐ฒ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ, ๐๐ฅ๐๐๐ฌ๐ ๐๐๐๐ฅ ๐๐ซ๐๐ ๐ญ๐จ ๐๐จ๐ง๐ญ๐๐๐ญ ๐จ๐ฎ๐ซ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ญ ๐๐ญ: https://www.alliedmarketresearch.com/connect-to-analyst/A12277
Based on region, the market across North America contributed to the major share in 2020, holding nearly two-fifths of the global telecom cloud industry. The Asia-Pacific region, however, would grow at the fastest CAGR by 24.5% from 2021 to 2030.
The key market players analyzed in the global telecom cloud market report include MICROSOFT, Google, AWS, IBM, Oracle, AT&T, ETISALAT, DELL, TELSTRA, and VERIZON. These market players have incorporated several strategies including partnership, expansion, collaboration, joint ventures, and others to brace their stand in the industry.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/A12277
๐๐จ๐ฏ๐ข๐-๐๐ ๐๐๐๐ง๐๐ซ๐ข๐จ
โข The telecom networks across the world have witnessed huge traffic, there's been a steep incline in demand for more telecom bandwidth during this period.
โข The global telecom cloud sector has been set on a path of technological transformation to help handle the increasing demands of consumers.
๐๐ฎ๐ฒ ๐๐จ๐ฐ & ๐๐๐ญ ๐๐ฉ๐ญ๐จ ๐๐% ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ (196 ๐๐๐ ๐๐ฌ ๐๐๐ ๐ฐ๐ข๐ญ๐ก ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐๐ก๐๐ซ๐ญ๐ฌ, ๐๐๐๐ฅ๐๐ฌ, ๐๐ง๐ ๐ ๐ข๐ ๐ฎ๐ซ๐๐ฌ) ๐๐ญ: https://www.alliedmarketresearch.com/telecom-cloud-market/purchase-options
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๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
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