Telecom Cloud market by Deployment Model (Private, Hybrid, Public), by Enterprise Type (Large Enterprises, Small & Medium Enterprises), by Function Type (Virtual Network Function, Cloud-native Network Function), by Service Type (SaaS, IaaS, PaaS), by By Deployment Model (Private, Hybrid, Public), by South America (Brazil, Argentina, Rest of South America), by Europe (U.K., Germany, France, Italy, Spain, Russia, Benelux, Nordics, Rest of Europe), by Middle East and Africa (Turkey, Israel, GCC, North Africa, South Africa, Rest of MEA), by Asia Pacific (China, Japan, India, South Korea, ASEAN, Oceania, Rest of Asia Pacific) Forecast 2024-2032
The Telecom Cloud market size was valued at USD 18.81 USD Billion in 2023 and is projected to reach USD 89.19 USD Billion by 2032, exhibiting a CAGR of 24.9 % during the forecast period. Telecom cloud is a software-defined, highly resilient cloud infrastructure that allows telecommunications service providers (telcos) to add services more quickly, respond faster to changes in network demand, and manage central and decentralized resources more efficiently. It is one of the key foundational components in a successful digital transformation. More specifically, a telco cloud focuses on the creation of a common virtualized infrastructure to manage various network functions required to deliver communications services. Each function now is disaggregated from the hardware, to be operated from a horizontal platform as a virtual network function or cloud-native network function. This function is designed to execute a specific network function such as load balancing or firewalls. Early telco clouds applied virtualization concepts from the datacenter into the networks. With 5G at first, the scope of telco clouds expanded beyond the use of network function virtualization (NFV) and began using newer technologies such as containers and microservices, as well as hybrid cloud architectures. As they are deployed into telco clouds, containers and microservices still have to coexist with older virtualized network functions (VNFs).
Deployment Model:
Enterprise Type:
Function Type:
Service Type:
February 2024: Dell Technologies announces solutions to accelerate network cloud and enhance network reliability.
June 2023: Nokia Corporation collaborates with Red Hat to integrate open-source solutions into its network applications.
February 2023: Snowflake Inc. launches Telecom Data Cloud to deliver industry-specific data insights.
February 2023: Google LLC introduces three unified cloud solutions for the telecom industry: telecom data fabric, telco subscriber insights, and telecommunication network automation.
The Telecom Cloud market is expected to witness significant growth over the forecast period due to the growing demand for cloud-based services and applications, the adoption of 5G networks, and the rise of IoT applications.
Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 24.9% from 2018-2032 |
Segmentation |
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Aspects | Details |
---|---|
Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 24.9% from 2018-2032 |
Segmentation |
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Note* : In applicable scenarios
Primary Research
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