(MENAFN - GetNews) The report on the global Telecom Cloud market covers historical market trends, current market dynamics, market valuation by segmentation as well as region, country-level analysis for every segment, key player's market share analysis, competitive landscape and supply chain analysis.
Telecom cloud refers to the shift of telecommunication companies from landline services to the cloud computing services which will allow them to efficiently utilize the networking resources. Telecom cloud will help companies to reap the benefits of cloud computing for IT optimization (lower costs, and more elasticity and speed) and to exploit the new business opportunities (such as standardized interfaces for telecom cloud). The nature of the communication industry with its locally regulated markets has given rise to a strong local presence providing a good foundation for addressing enterprises and consumers. With the growing importance of cloud computing in telecommunication industry various applications areas and data are moved from on-premise to on-cloud to benefit the user by making them connected to their data on server.
Connectivity increases the value of access networks and provides network service providers with new business opportunities The major driving factor for growth of telecom cloud market is IT modernization which implies full utilization of public cloud services for availing benefits of cost saving and innovation in a well-established modern IT environment. Modern IT platform is also promoting the digital business. The increased transparency of leading cloud providers will also contribute to the growth of telecom cloud market. Connectivity provided by telecom cloud increases the value of access networks and provides new business opportunity to network service providers
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Major Key Players
- AT & T Inc.(U.S.),
- China Telecommunications Corporation (China),
- Telus Corporation (U.S.),
- T-Mobile International AG(Germany),
- Verizon Communications, Inc.(U.S.),
- Fusion Telecommunications International, Inc.(U.S.),
- NTT Communications Corporation(Japan),
- CenturyLink, Inc.(U.S.),
- BT Group PLC (U.K.)
- Telstra Corporation Limited (Australia)
According to Market Research Future Analysis, Global Telecom Cloud Market has been valued at USD ~29 Billion by the end of forecast period with CAGR of ~20% during forecast period 2016 to 2022.
The market demonstrates a huge potential for increasing at an expedited pace. The market is very well defined in terms of segments relating to the products as well as the end users that are a part of the market. The product offering of the market has diversified tremendously as compared to the past few years, thereby making the market more lucrative for current and new contenders. The long term sustainability of the market is however greatly dependent on the tactics and the strategic roadmaps that are employed by market players. The enhanced financial liquidity of the competitors in the market has increased thereby proving new opportunities for growth of the market. The market attractiveness and competitors' dynamics are greatly enhanced by the strategies that are being employed by market players.
The global telecom cloud market has been segmented on the basis of applications, services, cloud platform, solutions, end-users, and region.
By mode of services, the global telecom cloud market has been segmented into communication as a service and network as a service.
By mode of application, the global telecom cloud market has been segmented into billing, customer management & provisioning, and traffic management.
By mode of solution, the global telecom cloud market has been segmented into Unified Communication and Collaboration (UCC), Content Delivery Network (CDN), WebRTC and Over-the-Top (OTT).
By mode of cloud platform, the global telecom cloud market has been segmented into SaaS, PaaS, and IaaS.
By mode of end-users, the global telecom cloud market has been segmented into banking, healthcare, government, transportation, and entertainment.
Geographically, the telecom cloud market span across regions namely, North America, Asia Pacific, Europe, and Rest-of-the-World (RoW).
Among all the regions, the North American region is presumed to dominate the global telecom cloud market owing to the rise of employees possessing strong technical skills and knowledge, willing to adopt the telecom cloud services rapidly for better connectivity and communication. It also offers enhanced technologies in order to support the telecom cloud market in this region.
The Asia Pacific region is anticipated to experience significant growth during the estimated period. The growth is attributed to the government regulations regarding the adoption of best-in-class technologies.
A European cloud initiative has been initiated in Europe in order to provide telecom companies with an infrastructure for managing and storing data and computers, offering high performance computers for processing data and high-speed connectivity for the transportation of data.
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- Telecom companies
- Service providers
- Consultancy firms
- Traffic control organization
- System integrator
- Cloud facilitators
- End users
LIST OF TABLES
TABLE 1GLOBAL TELECOM CLOUD MARKET, BY SERVICES
TABLE 2GLOBAL TELECOM CLOUD MARKET, BY APPLICATION
TABLE 3 GLOBAL TELECOM CLOUD MARKET, BY SOLUTION
TABLE 4 GLOBAL TELECOM CLOUD MARKET, BY CLOUD PLATFORM
TABLE 5 GLOBAL TELECOM CLOUD MARKET, BY END USERS
LIST OF FIGURES
FIGURE 1 RESEARCH NETWORK SOLUTION
FIGURE 2 GLOBAL TELECOM CLOUD MARKET: BY SERVICES (%)
FIGURE 3 GLOBAL TELECOM CLOUD MARKET: BY APPLICATION (%)
FIGURE 4 GLOBAL TELECOM CLOUD MARKET: BY SOLUTION (%)
FIGURE 5 GLOBAL TELECOM CLOUD MARKET: BY CLOUD PLATFORM (%)
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