Telecom Cloud Market Size to Generate USD 125.64 Billion by 2030, growing at a CAGR of 21.80%
Telecom cloud is a term that defines the migration of telecommunication industries from outdated landline services to advanced cloud computing systems.
PORTLAND, PORTLAND, OR, UNITED STATE, October 12, 2023 /EINPresswire.com/ — 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.
According to the report published by Allied Market Research, the global telecom cloud market was estimated at 18 billion in 2020 and is expected to hit $125.64 billion by 2030, registering a CAGR of 21.80% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.
Download Sample Report: https://www.alliedmarketresearch.com/request-sample/12642
The private cloud segment is expected to emerge as the fastest growing segment, as several vendors within the Telecom cloud market are focusing on increasing the privacy standards. The private cloud Market has grown as a result of rapid technological advances. The proliferation of internet services and applications, including social media, video streaming, and online payments has increased the need for secure data storage. Similarly, increase in data volume in the sectors such as BFSI, IT & telecom, healthcare, government, retail, and others has forced these sectors to adopt private cloud services.
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.
For Report Customization: https://www.alliedmarketresearch.com/request-for-customization/12642
COVID-19 scenario:
➢ 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.
➢ The global telecom cloud sector has been set on a path of technological transformation to help handle the increasing demands of consumers.
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.
Buy Now & Get Exclusive Discount on this Report: https://www.alliedmarketresearch.com/telecom-cloud-market/purchase-options
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.
Leading Market Players:
➢ MICROSOFT
➢ Google
➢ AWS
➢ IBM
➢ Oracle
➢ AT&T
➢ ETISALAT
➢ DELL
➢ TELSTRA
➢ VERIZON
Inquiry Before Buying: https://www.alliedmarketresearch.com/purchase-enquiry/12642
Similar Reports:
1. Telecom Cloud Orchestration Market
2. Telecom Cloud Billing Market
Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, Europe, or Asia
If you have any special requirements, please let us know and we will offer you the report as per your requirements.
Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies. This helps us dig out market data that helps us generate accurate research data tables and confirm utmost accuracy in our market forecasting. Every data company in the domain is concerned. Our secondary data procurement methodology includes deep presented in the reports published by us is extracted through primary interviews with top officials from leading online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa
5933 NE Wi
Toll-Free: 1-800-792-5285
UK: +44-845-528-1300n Sivers Drive
#205, Portland, OR 97220
United States
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on: LinkedIn Twitter
Allied Market Research
Allied Market Research
+ +1 800-792-5285
email us here
Visit us on social media:
Facebook
Twitter
LinkedIn
