The global telecom cloud market was valued at USD 11.20 billion in 2016 and is projected to reach USD 71.12 billion by 2025, growing at a CAGR of 22.80% from 2017 to 2025.
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1. Market Drivers
1.1 Lower Operational and Administration Costs
1.2 Growing Awareness About Telecom Cloud Among Enterprises
2. Market Restraints
2.1 Risk of Information Loss
2.2 Telecom Regulations
The global telecom cloud market is segmented on the basis of type, service model, vertical, organization size, and region.
1. By Type:
1.1.1 Content Delivery Network
1.1.2 Unified Communication and Collaboration
1.1.3 Others (WebRTC and Over-the-Top (OTT))
1.2.1 Network Service
1.2.2 Managed Service
1.2.3 Colocation Service
1.2.4 Professional Service
2. By Service Model
2.1 Software-as-a-Service (SaaS)
2.2 Infrastructure-as-a-Service (IaaS)
2.3 Platform-as-a-Service (PaaS)
3. By Vertical:
3.1 Healthcare and Life Sciences
3.2 Government and Public Sector
3.3 Media and Entertainment
3.4 Banking, Financial Services, and Insurance
3.5 Retail and Consumer Goods
3.6 Transportation and Distribution
4. By Organization Size:
4.1 Large Companies
4.2 Mid-sized Companies
4.3 Small Companies
5. By Region:
5.1 North America (U.S., Canada, Mexico)
5.2 Europe (Germany, UK, France, Rest of Europe)
5.3 Asia Pacific (China, India, Japan, Rest of Asia)
5.4 Latin America (Brazil, Argentina, Rest of Latin America)
5.5 Rest of the World
The major players in the market are as follows:
1. AT&T Inc.
2. Verizon Communication Inc.
3. BT Group plc
4. Orange Business Services
5. CenturyLink Inc.
6. China Telecommunication Corporation
7. Telus Corporation
8. Deutsche Telekom AG
9. NTT Communications
10. TATA Communications
11. ZTE Corporation
14. Level 3 Communications, Inc.
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH:
Research study on the telecom cloud market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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