Telecom Cloud Market Revenue Share, Growth Factors, Trends, Analysis & Forecast 2028

0
539

 

 

Increasing demand for over-the-top cloud services is one of the significant factors influencing market growth.

The global telecom cloud market is expected to reach USD 83.00 Billion by 2028, according to a new report by Reports and Data. OTT (Over-the-top) consumers demand more flexibility in scheduling, arranging videos, live events, and recording of favorite shows, thereby pushing the service providers to opt for more resources, infrastructure scalability, and computing resources to cater demands. By adopting a cloud-based workflow, video service providers can efficiently hand off duty for the infrastructure and networking supporting their OTT services. Telecom cloud can be instrumental in meeting the needs of OTT service providers, thus resulting in the growth of the market.

The telecom cloud leads to low operational costs, which is expected to drive the market growth in the forecast period. By deploying cloud computing, service providers can host services and software at a considerably lower cost. Provisioning and virtualization software allows organizations to efficiently assign computing resources, thus lowering the cost of hardware. Service providers can locate facilities at low-cost locations, provisioning, which cannot be replicated by most enterprises, resulting in low up-front costs.

To download a PDF sample copy of the report, visit @ https://www.reportsanddata.com/sample-enquiry-form/2289

Top 10 Companies Operating in the Global Keyword Market:

AT&T Inc., Verizon Communications Inc., Ericsson, Deutsche Telekom, BT Group PLC, CenturyLink Inc., Orange Business Services, NTT Communication Services, Singapore Telecommunications Limited, and Telstra Corporation Limited, among others.

Inquiry before buying @ https://www.reportsanddata.com/inquiry-before-buying/2289

The global market is further segmented into type and application:

Offering Outlook (Revenue, USD Million; 2018-2028)

  • Solution
  • Services

Service Type Outlook (Revenue, USD Million; 2018-2028)

  • Infrastructure as a Service (IaaS)
  • Software as a Service (SaaS)
  • Platform as a Service (PaaS)
  • Community as a service (CaaS)
  • Network as a Service (NaaS)

Deployment Mode Outlook (Revenue, USD Million; 2018-2028)

  • Public Cloud
  • Private Cloud
  • Hybrid Cloud

Organization Size Outlook (Revenue, USD Million; 2018-2028)

  • Small & Medium-Sized Enterprises
  • Large Enterprises

Application Outlook (Revenue, USD Million; 2018-2028)

  • Billing & Provisioning
  • Traffic Management
  • Others

Industry Verticals Outlook (Revenue, USD Million; 2018-2028)

  • BFSI
  • Retail
  • Manufacturing
  • Transportation
  • Government
  • Media & Entertainment
  • Healthcare
  • Others

Regional analysis provides insights into key trends and demands in each major country that can affect market growth in the region.

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
  • Asia Pacific (China, India, Japan, South Korea, Rest of APAC)
  • Latin America (Brazil, Rest of LATAM)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Further key findings from the report suggest

·       By offering, solutions contributed to a larger market share in 2018 as the solution offerings in the market comprise unified communication and collaboration (UC&C), content delivery network (CDN), and other solutions.

·       By service type, SaaS dominated the market in 2018 and is expected to witness a growth rate of 19.2% in the forecast period. The swift growth of on-demand services among consumers has resulted in a high demand for this service type in the telecom cloud market.

·       By organization size, small & medium-sized enterprises are expected to witness a higher CAGR of 20.5% in the period 2020-2028 as services and solutions have the potential to produce enhanced efficiency, quality, and business productivity.

·       By industry verticals, BFSI held the largest market share in 2018 and is expected to grow at a rate of 19.6% in the forecast period.

·       North America dominated the market in 2018 and is expected to experience a growth rate of 19.1% in the forecast period. The market dominance of North America is attributed to the presence of leading telecom companies mainly in the U.S. and Canada

Request a customized copy of the report @ https://www.reportsanddata.com/request-customization-form/2289

Thank you for reading our report. We also offer customized report as per client requirement. Kindly connect with us to know more about customization plan and our team will offer you the altered report.

Explore More Industry Research by Reports and Data:

Hybrid Train Market @ https://www.globenewswire.com/news-release/2020/02/03/1978973/0/en/Hybrid-Train-Market-To-Reach-8-152-Units-By-2026-Reports-And-Data.html

Automotive Head-Up Display Market @ https://www.globenewswire.com/en/news-release/2021/01/18/2160184/0/en/Automotive-Head-Up-Display-Market-To-Reach-USD-9-881-1-Million-By-2027-Growing-Demand-for-Advanced-3D-AR-Head-Up-Display-will-Propel-the-Industry-Growth-says-Reports-and-Data.html

Safety Valves Market @ https://www.globenewswire.com/news-release/2019/06/11/1867177/0/en/Safety-Valves-Market-To-Reach-USD-6-30-Billion-By-2026-Reports-And-Data.html

Intelligent Traffic Management Market @ https://www.globenewswire.com/news-release/2019/10/24/1935196/0/en/Intelligent-Traffic-Management-Market-To-Reach-USD-40-22-Billion-By-2026-Reports-And-Data.html

About Reports and Data

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.

Contact Us:

John W

Head of Business Development

Reports and Data | Web: www.reportsanddata.com

Direct Line: +1-212-710-1370

E-mail: sales@reportsanddata.com

 

 

 

Search
Categories
Read More
Other
3D Room Planner Positive aspects
  Buying new furniture is stressful. You ought to study the offered space, your car’s...
By Caser Jthoven 2023-07-11 08:00:51 0 660
Other
BingX ra mắt giao dịch spot AURA
Kính thưa quý khách:   Nhằm không ngừng nâng cao chất lượng...
By Vietnam Crypto 2022-08-16 11:06:13 0 635
Health
Global Veterinary Hospitals Market Size, Overview, Key Players and Forecast 2028
Global Veterinary Hospitals market is anticipated to reach a value of over USD xx billion by 2028...
By Sumedh Futurewise 2023-01-23 10:13:57 0 548
Other
Most Dedicated Digital Marketing Services in Delhi NCR
Computerized Marketing is fundamentally publicizing through advanced innovation to make brands...
By Skyseo Tech 2022-04-07 10:16:30 0 777
Networking
The Difference Between The Trezor.io/start Model One and T
If you are negotiating with your security in the crypto world, then you are owning assets in...
By Sofiasaww Sofiasaww 2024-05-03 09:15:33 0 143