Telecom Cloud Market to Grow at CAGR 19% till 2022
Growing demand for telecom cloud services and solutions from various end
user segments to drive global telecom cloud market through 2022
According to TechSci Research
report, “Global Telecom Cloud Market By Type, By End User, By Application, By Region, Competition Forecast
& Opportunities, 2012 – 2022”, global telecom cloud market is
projected to grow a CAGR of over 19% during 2017-2022, due to growing focus of telecom
companies towards providing cloud services and increasing demand for content
delivery, unified communications and collaboration, etc., from various end use industries.
Further, growing internet penetration across the globe, especially in
developing and emerging nations such as China, India, Brazil etc., is boosting
growth in demand for telecom services and solutions in the coming years. Additionally,
increasing need for data security and privacy has also led to growing adoption
of telecom cloud by telecommunication operators for providing practical and
effective solutions to counter cross authentication of users over cloud
computing platforms. Moreover, growing demand of telecom cloud services and
solutions from media & entertainment, healthcare, retail & customer, transportation,
etc., is anticipated to boost growth in global telecom cloud market in the
coming years. In healthcare segment, telemedicine is emerging as a major end
user of telecom cloud services and solutions.
Browse 111 market data Tables and 94 Figures
spread through 258 Pages and an in-depth TOC on "Global Telecom Cloud Market"
https://www.techsciresearch.com/report/global-telecom-cloud-market-by-type-services-solutions-by-end-user-bfsi-media-entertainment-etc-by-application-billing-provisioning-traffic-management-etc-by-region-competition-forecast-opportunities/1008.html
Unified
communication and collaboration dominated global telecom cloud services market and
the segment is anticipated to continue dominating the market through 2022.
Network services, which includes network virtualization, dominated global
telecom cloud solutions market due to growing need to support telecom infrastructure
across the globe. Further, North America dominated global telecom cloud market,
due to increasing technological advancements and growing number of connected
devices in the region. However, during the forecast period, Asia-Pacific telecom
cloud market is expected to register robust growth in the coming years, due to
increasing adoption of telecom cloud services and solutions across countries
such as China, Japan, India, Singapore, etc.
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“Integration
of cloud computing platforms into telecommunications enables virtualization of
servers, storage and networks, enhances utilization of available system
resources and decreases infrastructure cost. Moreover, idea of network
virtualization ensures freedom of deployment for several functionalities in an
open environment. Consequently, telecom cloud
virtualization is associated with several key benefits such as flexibility of deployment,
improved scalability and reduced overall equipment costs, which enables reuse
of application software, increased support for resolving faults, improved
security, etc. This is anticipated to boost growth in the global telecom cloud
market through 2022.”, said Mr. Karan Chechi, Research Director with TechSci
Research, a research based global management consulting firm.
“Global Telecom Cloud Market By Type, By End User, By Application, By
Region, Competition Forecast & Opportunities, 2012 – 2022”
has evaluated the future growth potential of global
telecom cloud market and provides statistics and information on market
structure, size, share and future growth of global telecom cloud market. The
report is intended to provide cutting-edge market intelligence and help
decision makers to take sound investment evaluation. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges and opportunities present in the global telecom cloud market.
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