Press Release

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"



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 – 2022has 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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