Newly released Telecom Cloud Market analysis report by Future Market Insights reveals that global sales of Telecom Cloud Market in 2021 was held at USD 19.8 Billion. With 15.2% projected CAGR, the market is projected to reach a valuation of USD 99.4 Billion by 2032.
Public Cloud is expected to be the highest revenue generating category, projected to register an absolute dollar opportunity of 15.2% during 2022 to 2032.
| Attributes | Details |
|---|---|
| Global Telecom Cloud Market Size (2022) | USD 24 Billion |
| Global Telecom Cloud Market Size (2032) | USD 99.4 Billion |
| Global Telecom Cloud Market CAGR (2022 to 2032) | 15.2% |
| USA Telecom Cloud Market Size (2032) | 15% |
| USA Telecom Cloud Market CAGR (2022 to 2032) | USD 35.5 Billion |
| Key Companies Covered | Adobe Inc.; Alibaba Group Holding Limited; Amazon.com Inc.; Google LLC; International Business Machines Corporation; Microsoft Corporation; Oracle Corporation; Salesforce.com Inc.; SAP SE; Workday, Inc. |
As per the Telecom Cloud Market research by Future Market Insights - a market research and competitive intelligence provider, historically, from 2015 to 2021, the value of the Telecom Cloud Market increased at around 22% CAGR. With an absolute dollar opportunity of USD 75.3 Billion, the market is expected to reach a valuation of USD 99.4 Billion by 2032.
Rapid digitization is prompting companies to modify their operational landscapes to enhance the rate of operations and decrease their expenses. Businesses are adeptly capable of supporting their essential business operations, migrating workloads to the cloud, and preventing network latency by using cloud-based technologies and services.
Technologies such as AI and machine learning have resulted in the growth of cloud hosting by making it possible to access AI functions. In October 2020, Microsoft Corp. announced a collaboration with ZEISS Group to improve healthcare and production quality through analytics techniques.
Under this collaboration, ZEISS Group aimed to use Microsoft Azure like its cloud platform to deliver online experience to its German manufacturers, respond quickly to changing market circumstances, and boost performance and effectiveness.
Cyberattacks are projected to hit an all-time high with the advent of 5G technology. Ensured cybersecurity will be critical, necessitating the participation of enterprises and governments all around the world. To improve their products, some cloud vendors are collaborating with security suppliers.
In December 2019, Google Cloud announced partnerships with Fortinet, McAfee, and Palo Alto. Assuring excellent cloud security will aid telecom corporations in quickly shifting to the public cloud.
Owing to the growth in adoption of 5G technology, telecom businesses are considering cloud migration. As 5G becomes cloud-native from the beginning, telecom operators must migrate to the public cloud to operate and test container-based apps.
Amazon introduced its Amazon Wavelength 5G edge-computing system in December 2019, which aids in the development of apps for 5G network end-users. Verizon, Vodafone, and SK Telecom are among Amazon's market partners.
The lower operational cost structure, automated procedures, and expeditiousness of the public cloud give a critical push for telecom enterprises to shift to the service.
Organizations are inclined to focus on the protection of the information itself while any data-intensive processes are performed. Recently, several studies have revealed that around 60% of business-sensitive data on hard drives stays unsecure.
Some of the essential security services provided by vendors include encryption technology, authorization management, security systems, cloud connectivity, communication security, monitoring and auditing, and business continuity services.
Companies including Google LLP, Microsoft Corporation, and Amazon, for example, provide 99.9% uptime, relieving enterprises of the burden of supporting restoration facilities and backup infrastructure.
Telecom behemoths like AT&T and Verizon are collaborating with cloud services like Microsoft and Amazon to provide edge computing to network centers, since improvements are necessary for improved 5G deployment.
In 2021, North America led the Telecom Cloud Market with an overall revenue share of more than 40%. Companies in the United States place a high value on digitalization and are more often considered as early adopters of next-generation technology such as the Internet of Things, additive manufacturing, big data analytics, connected businesses, intelligent systems, AR, ML, and VR, as well as the most recent telecommunication technologies including 4G, 5G, and LTE.
The United States is expected to account for the largest market share of USD 35.5 Billion by the end of 2032 with North America being the dominant player and accounting for 38% of total sales.
The Ericsson-Intel Tech Hub would identify and prioritise innovations for the Ericsson Cloud RAN, which is driven by Intel technology in order to chart a course for future business software releases.
The companies have created a technological cluster in California, US. It focuses on the benefits that Ericsson Cloud RAN with Intel technology may offer, such as greater energy efficiency and network management, shorter time to market, and monetization of new business opportunities such as corporate apps.
Public Cloud segment is forecasted to grow at the highest CAGR of over 15.2% during 2022-2032. The use of the public cloud is an evolutionary path of technological evolution, operational adjustments, and service evolution.
The public cloud's technological progress, as well as larger cloudification activities, is a significant enabler for the digital telecom sector. CSPs can drive service convergence through intelligently integrating segregated internal processes owing to the operational advances in cloud efficiency.
The investment bank's intentions are similar to those of exchanges operator Nasdaq Inc. & CME Group Inc. which have collaborated with Amazon & Alphabet Inc.'s Google to shift data and eventually, trade services to the cloud. One of the several fastest-growing areas of technology is cloud computing which allows businesses to outsource data and manage storage to large computer corporations rather than managing the systems in-house.
Saudi Telecom Company has signed a joint venture contract with eWTP Arabia Innovation and technology Limited Company, Alibaba Cloud Private Limited, Saudi Company for Artificial Intelligence, and Saudi Information Technology Company to form a limited liability company specializing in cloud computing services.
The new Company's business model coincides with STC's business expansion goal, as well as Saudi Arabia's Vision 2030 towards hyper-scale cloud technology.
The BFSI segment is forecasted to grow at the highest CAGR of over 15.1% during 2022-2032. The BFSI industry has seen an expansion of online banking business, prompting lenders to adopt digital innovation, with cloud technology playing a crucial role.
Cloud computing has assisted organizations in the BFSI industry to reduce costs, boost innovation, develop customer relationships, and increasing flexibility. The cloud services have been expanding into the financial sector, an area that has lagged behind other industries as financial institutions face regulatory constraints and security concerns that limit how much they can operate on a public cloud.
Google Cloud has entered into agreements between HSBC Holdings Plc as well as Deutsche Bank AG. Microsoft Corp. and Alibaba Group Holding Ltd.
Jefferies Financial Group Inc. has collaborated with Amazon.com Inc. to deploy its information-technology systems to the cloud. This is the latest step by a financial business that has just begun to grow into cloud-based technology and data analytics. In a four-year arrangement with Amazon Web Services enables Jefferies to migrate its key business processes, internal and customer-facing apps, IT resources, as well as data to AWS.
The leading players in the global Telecom Cloud market are Alibaba Group Holding Limited, Amazon.com Inc., Google LLC, IBM Corporation; Microsoft Corporation, Oracle Corporation, and Salesforce.com Inc.
Several new firms are projected to enter the market as global demand for the product grows. This is likely to boost competition on a global basis. Furthermore, partnerships among present players to increase quality during the study period are likely to drive market expansion.
Similarly, recent developments related to companies in Telecom Cloud Market have been tracked by the team at Future Market Insights, which is available in the full report.
Table 01: Global Market Value (US$ Mn),By End User, 2015 – 2021
Table 02: Global Market Value (US$ Mn),By End User, 2022 – 2032
Table 03: Global Market Value (US$ Mn), By Type, 2015 – 2021
Table 04: Global Market Value (US$ Mn), By Type, 2022 – 2032
Table 05: Global Market Value (US$ Mn), By Application, 2015 – 2021
Table 06: Global Market Value (US$ Mn), By Application, 2022 – 2032
Table 07: Global Market Value (US$ Mn), By Cloud Computing Service, 2015 – 2021
Table 08: Global Market Value (US$ Mn), By Cloud Computing Service, 2022 – 2032
Table 09: Global Market Value (US$ Mn), By Service, 2015 – 2021
Table 10: Global Market Value (US$ Mn), By Service, 2022 – 2032
Table 11: Global Market Value (US$ Mn), By Organization Size, 2015 – 2021
Table 12: Global Market Value (US$ Mn), By Organization Size, 2022 – 2032
Table 13: Global Market, By Region, 2015 – 2021
Table 14: Global Market, By Region, 2022 – 2032
Table 15: North America Market Value (US$ Mn),By End User, 2015 – 2021
Table 16: North America Market Value (US$ Mn),By End User, 2022 – 2032
Table 17: North America Market Value (US$ Mn), By Type, 2015 – 2021
Table 18: North America Market Value (US$ Mn), By Type, 2022 – 2032
Table 19: North America Market Value (US$ Mn), By Application, 2015 – 2021
Table 20: North America Market Value (US$ Mn), By Application, 2022 – 2032
Table 21: North America Market Value (US$ Mn), By Cloud Computing Service, 2015 – 2021
Table 22: North America Market Value (US$ Mn), By Cloud Computing Service, 2022 – 2032
Table 23: North America Market Value (US$ Mn), By Service, 2015 – 2021
Table 24: North America Market Value (US$ Mn), By Service, 2022 – 2032
Table 25: North America Market Value (US$ Mn), By Organization Size, 2015 – 2021
Table 26: North America Market Value (US$ Mn), By Organization Size, 2022 – 2032
Table 27: North America Market, By Country, 2015 – 2021
Table 28: North America Market, By Country, 2022 – 2032
Table 29: Latin America Market Value (US$ Mn),By End User, 2015 – 2021
Table 30: Latin America Market Value (US$ Mn),By End User, 2022 – 2032
Table 31: Latin America Market Value (US$ Mn), By Type, 2015 – 2021
Table 32: Latin America Market Value (US$ Mn), By Type, 2022 – 2032
Table 33: Latin America Market Value (US$ Mn), By Application, 2015 – 2021
Table 34: Latin America Market Value (US$ Mn), By Application, 2022 – 2032
Table 35: Latin America Market Value (US$ Mn), By Cloud Computing Service, 2015 – 2021
Table 36: Latin America Market Value (US$ Mn), By Cloud Computing Service, 2022 – 2032
Table 37: Latin America Market Value (US$ Mn), By Service, 2015 – 2021
Table 38: Latin America Market Value (US$ Mn), By Service, 2022 – 2032
Table 39: Latin America Market Value (US$ Mn), By Organization Size, 2015 – 2021
Table 40: Latin America Market Value (US$ Mn), By Organization Size, 2022 – 2032
Table 41: Latin America Market, By Country, 2015 – 2021
Table 42: Latin America Market, By Country, 2022 – 2032
Table 43: Europe Market Value (US$ Mn),By End User, 2015 – 2021
Table 44: Europe Market Value (US$ Mn),By End User, 2022 – 2032
Table 45: Europe Market Value (US$ Mn), By Type, 2015 – 2021
Table 46: Europe Market Value (US$ Mn), By Type, 2022 – 2032
Table 47: Europe Market Value (US$ Mn), By Application, 2015 – 2021
Table 48: Europe Market Value (US$ Mn), By Application, 2022 – 2032
Table 49: Europe Market Value (US$ Mn), By Cloud Computing Service, 2015 – 2021
Table 50: Europe Market Value (US$ Mn), By Cloud Computing Service, 2022 – 2032
Table 51: Europe Market Value (US$ Mn), By Service, 2015 – 2021
Table 52: Europe Market Value (US$ Mn), By Service, 2022 – 2032
Table 53: Europe Market Value (US$ Mn), By Organization Size, 2015 – 2021
Table 54: Europe Market Value (US$ Mn), By Organization Size, 2022 – 2032
Table 55: Europe Market, By Country, 2015 – 2021
Table 56: Europe Market, By Country, 2022 – 2032
Table 57: Asia Pacific Market Value (US$ Mn),By End User, 2015 – 2021
Table 58: Asia Pacific Market Value (US$ Mn),By End User, 2022 – 2032
Table 59: Asia Pacific Market Value (US$ Mn), By Type, 2015 – 2021
Table 60: Asia Pacific Market Value (US$ Mn), By Type, 2022 – 2032
Table 61: Asia Pacific Market Value (US$ Mn), By Application, 2015 – 2021
Table 62: Asia Pacific Market Value (US$ Mn), By Application, 2022 – 2032
Table 63: Asia Pacific Market Value (US$ Mn), By Cloud Computing Service, 2015 – 2021
Table 64: Asia Pacific Market Value (US$ Mn), By Cloud Computing Service, 2022 – 2032
Table 65: Asia Pacific Market Value (US$ Mn), By Service, 2015 – 2021
Table 66: Asia Pacific Market Value (US$ Mn), By Service, 2022 – 2032
Table 67: Asia Pacific Market Value (US$ Mn), By Organization Size, 2015 – 2021
Table 68: Asia Pacific Market Value (US$ Mn), By Organization Size, 2022 – 2032
Table 69: Asia Pacific Market, By Country, 2015 – 2021
Table 70: Asia Pacific Market, By Country, 2022 – 2032
Table 71: MEA Market Value (US$ Mn),By End User, 2015 – 2021
Table 72: MEA Market Value (US$ Mn),By End User, 2022 – 2032
Table 73: MEA Market Value (US$ Mn), By Type, 2015 – 2021
Table 74: MEA Market Value (US$ Mn), By Type, 2022 – 2032
Table 75: MEA Market Value (US$ Mn), By Application, 2015 – 2021
Table 76: MEA Market Value (US$ Mn), By Application, 2022 – 2032
Table 77: MEA Market Value (US$ Mn), By Cloud Computing Service, 2015 – 2021
Table 78: MEA Market Value (US$ Mn), By Cloud Computing Service, 2022 – 2032
Table 79: MEA Market Value (US$ Mn), By Service, 2015 – 2021
Table 80: MEA Market Value (US$ Mn), By Service, 2022 – 2032
Table 81: MEA Market Value (US$ Mn), By Organization Size, 2015 – 2021
Table 82: MEA Market Value (US$ Mn), By Organization Size, 2022 – 2032
Table 83: MEA Market, By Country, 2015 – 2021
Table 84: MEA Market, By Country, 2022 – 2032
Figure 01: Global Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032
Figure 02: Global Market Absolute $ Historical Gain (2015 - 2021) and Opportunity (2022 – 2032), US$ Mn
Figure 03: Global Market Share,By End User, 2022 & 2032
Figure 04: Global Market Y-o-Y Growth Projections,By End User – 2022-2032
Figure 05: Global Market Attractiveness Index,By End User – 2022-2032
Figure 06: Global Market Share, By Type, 2022 & 2032
Figure 07: Global Market Y-o-Y Growth Projections, By Type – 2022-2032
Figure 08: Global Market Attractiveness Index, By Type – 2022-2032
Figure 09: Global Market Share, By Cloud Computing Service, 2022 & 2032
Figure 10: Global Market Y-o-Y Growth Projections, By Cloud Computing Service – 2022-2032
Figure 11: Global Market Attractiveness Index, By Cloud Computing Service – 2022-2032
Figure 12: Global Market Share, By Organization Size, 2022 & 2032
Figure 13: Global Market Y-o-Y Growth Projections, By Organization Size – 2022-2032
Figure 14: Global Market Attractiveness Index, By Organization Size – 2022-2032
Figure 15: Global Market Share, By Application, 2022 & 2032
Figure 16: Global Market Y-o-Y Growth Projections, By Application – 2022-2032
Figure 17: Global Market Attractiveness Index, By Application – 2022-2032
Figure 18: Global Market Share, By Service, 2022 & 2032
Figure 19: Global Market Y-o-Y Growth Projections, By Service – 2022-2032
Figure 20: Global Market Attractiveness Index, By Service – 2022-2032
Figure 21: Global Market Share, By Region, 2022 & 2032
Figure 22: Global Market Y-o-Y Growth Projections, By Region – 2022-2032
Figure 23: Global Market Attractiveness Index, By Region – 2022-2032
Figure 24: North America Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032
Figure 25: North America Market Absolute $ Historical Gain (2015 - 2021) and Opportunity (2022 – 2032), US$ Mn
Figure 26: North America Market Share,By End User, 2022 & 2032
Figure 27: North America Market Y-o-Y Growth Projections,By End User – 2022-2032
Figure 28: North America Market Attractiveness Index,By End User – 2022-2032
Figure 29: North America Market Share, By Type, 2022 & 2032
Figure 30: North America Market Y-o-Y Growth Projections, By Type – 2022-2032
Figure 31: North America Market Attractiveness Index, By Type – 2022-2032
Figure 32: North America Market Share, By Cloud Computing Service, 2022 & 2032
Figure 33: North America Market Y-o-Y Growth Projections, By Cloud Computing Service – 2022-2032
Figure 34: North America Market Attractiveness Index, By Cloud Computing Service – 2022-2032
Figure 35: North America Market Share, By Application, 2022 & 2032
Figure 36: North America Market Y-o-Y Growth Projections, By Application – 2022-2032
Figure 37: North America Market Attractiveness Index, By Application – 2022-2032
Figure 38: North America Market Share, By Service, 2022 & 2032
Figure 39: North America Market Y-o-Y Growth Projections, By Service – 2022-2032
Figure 40: North America Market Attractiveness Index, By Service – 2022-2032
Figure 41: North America Market Share, By Organization Size, 2022 & 2032
Figure 42: North America Market Y-o-Y Growth Projections, By Organization Size – 2022-2032
Figure 43: North America Market Attractiveness Index, By Organization Size – 2022-2032
Figure 44: North America Market Share, By Country, 2022 & 2032
Figure 45: North America Market Y-o-Y Growth Projections, By Country – 2022-2032
Figure 46: North America Market Attractiveness Index, By Country – 2022-2032
Figure 47: Latin America Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032
Figure 48: Latin America Market Absolute $ Historical Gain (2015 - 2021) and Opportunity (2022 – 2032), US$ Mn
Figure 49: Latin America Market Share,By End User, 2022 & 2032
Figure 50: Latin America Market Y-o-Y Growth Projections,By End User – 2022-2032
Figure 51: Latin America Market Attractiveness Index,By End User – 2022-2032
Figure 52: Latin America Market Share, By Type, 2022 & 2032
Figure 53: Latin America Market Y-o-Y Growth Projections, By Type – 2022-2032
Figure 54: Latin America Market Attractiveness Index, By Type – 2022-2032
Figure 55: Latin America Market Share, By Cloud Computing Service, 2022 & 2032
Figure 56: Latin America Market Y-o-Y Growth Projections, By Cloud Computing Service – 2022-2032
Figure 57: Latin America Market Attractiveness Index, By Cloud Computing Service – 2022-2032
Figure 58: Latin America Market Share, By Application, 2022 & 2032
Figure 59: Latin America Market Y-o-Y Growth Projections, By Application – 2022-2032
Figure 60: Latin America Market Attractiveness Index, By Application – 2022-2032
Figure 61: Latin America Market Share, By Service, 2022 & 2032
Figure 62: Latin America Market Y-o-Y Growth Projections, By Service – 2022-2032
Figure 63: Latin America Market Attractiveness Index, By Service – 2022-2032
Figure 64: Latin America Market Share, By Organization Size, 2022 & 2032
Figure 65: Latin America Market Y-o-Y Growth Projections, By Organization Size – 2022-2032
Figure 66: Latin America Market Attractiveness Index, By Organization Size – 2022-2032
Figure 67: Latin America Market Share, By Country, 2022 & 2032
Figure 68: Latin America Market Y-o-Y Growth Projections, By Country – 2022-2032
Figure 69: Latin America Market Attractiveness Index, By Country – 2022-2032
Figure 70: Europe Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032
Figure 71: Europe Market Absolute $ Historical Gain (2015 - 2021) and Opportunity (2022 – 2032), US$ Mn
Figure 72: Europe Market Share,By End User, 2022 & 2032
Figure 73: Europe Market Y-o-Y Growth Projections,By End User – 2022-2032
Figure 74: Europe Market Attractiveness Index,By End User – 2022-2032
Figure 75: Europe Market Share, By Type, 2022 & 2032
Figure 76: Europe Market Y-o-Y Growth Projections, By Type – 2022-2032
Figure 77: Europe Market Attractiveness Index, By Type – 2022-2032
Figure 78: Europe Market Share, By Cloud Computing Service, 2022 & 2032
Figure 79: Europe Market Y-o-Y Growth Projections, By Cloud Computing Service – 2022-2032
Figure 80: Europe Market Attractiveness Index, By Cloud Computing Service – 2022-2032
Figure 81: Europe Market Share, By Application, 2022 & 2032
Figure 82: Europe Market Y-o-Y Growth Projections, By Application – 2022-2032
Figure 83: Europe Market Attractiveness Index, By Application – 2022-2032
Figure 84: Europe Market Share, By Service, 2022 & 2032
Figure 85: Europe Market Y-o-Y Growth Projections, By Service – 2022-2032
Figure 86: Europe Market Attractiveness Index, By Service – 2022-2032
Figure 87: Europe Market Share, By Organization Size, 2022 & 2032
Figure 88: Europe Market Y-o-Y Growth Projections, By Organization Size – 2022-2032
Figure 89: Europe Market Attractiveness Index, By Organization Size – 2022-2032
Figure 90: Europe Market Share, By Country, 2022 & 2032
Figure 91: Europe Market Y-o-Y Growth Projections, By Country – 2022-2032
Figure 92: Europe Market Attractiveness Index, By Country – 2022-2032
Figure 93: Asia Pacific Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032
Figure 94: Asia Pacific Market Absolute $ Historical Gain (2015 - 2021) and Opportunity (2022 – 2032), US$ Mn
Figure 95: Asia Pacific Market Share,By End User, 2022 & 2032
Figure 96: Asia Pacific Market Y-o-Y Growth Projections,By End User – 2022-2032
Figure 97: Asia Pacific Market Attractiveness Index,By End User – 2022-2032
Figure 98: Asia Pacific Market Share, By Type, 2022 & 2032
Figure 99: Asia Pacific Market Y-o-Y Growth Projections, By Type – 2022-2032
Figure 100: Asia Pacific Market Attractiveness Index, By Type – 2022-2032
Figure 101: Asia Pacific Market Share, By Cloud Computing Service, 2022 & 2032
Figure 102: Asia Pacific Market Y-o-Y Growth Projections, By Cloud Computing Service – 2022-2032
Figure 103: Asia Pacific Market Attractiveness Index, By Cloud Computing Service – 2022-2032
Figure 104: Asia Pacific Market Share, By Application, 2022 & 2032
Figure 105: Asia Pacific Market Y-o-Y Growth Projections, By Application – 2022-2032
Figure 106: Asia Pacific Market Attractiveness Index, By Application – 2022-2032
Figure 107: Asia Pacific Market Share, By Service, 2022 & 2032
Figure 108: Asia Pacific Market Y-o-Y Growth Projections, By Service – 2022-2032
Figure 109: Asia Pacific Market Attractiveness Index, By Service – 2022-2032
Figure 110: Asia Pacific Market Share, By Organization Size, 2022 & 2032
Figure 111: Asia Pacific Market Y-o-Y Growth Projections, By Organization Size – 2022-2032
Figure 112: Asia Pacific Market Attractiveness Index, By Organization Size – 2022-2032
Figure 113: Asia Pacific Market Share, By Country, 2022 & 2032
Figure 114: Asia Pacific Market Y-o-Y Growth Projections, By Country – 2022-2032
Figure 115: Asia Pacific Market Attractiveness Index, By Country – 2022-2032
Figure 116: MEA Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032
Figure 117: MEA Market Absolute $ Historical Gain (2015 - 2021) and Opportunity (2022 – 2032), US$ Mn
Figure 118: MEA Market Share,By End User, 2022 & 2032
Figure 119: MEA Market Y-o-Y Growth Projections,By End User – 2022-2032
Figure 120: MEA Market Attractiveness Index,By End User – 2022-2032
Figure 121: MEA Market Share, By Type, 2022 & 2032
Figure 122: MEA Market Y-o-Y Growth Projections, By Type – 2022-2032
Figure 123: MEA Market Attractiveness Index, By Type – 2022-2032
Figure 124: MEA Market Share, By Cloud Computing Service, 2022 & 2032
Figure 125: MEA Market Y-o-Y Growth Projections, By Cloud Computing Service – 2022-2032
Figure 126: MEA Market Attractiveness Index, By Cloud Computing Service – 2022-2032
Figure 127: MEA Market Share, By Application, 2022 & 2032
Figure 128: MEA Market Y-o-Y Growth Projections, By Application – 2022-2032
Figure 129: MEA Market Attractiveness Index, By Application – 2022-2032
Figure 130: MEA Market Share, By Service, 2022 & 2032
Figure 131: MEA Market Y-o-Y Growth Projections, By Service – 2022-2032
Figure 132: MEA Market Attractiveness Index, By Service – 2022-2032
Figure 133: MEA Market Share, By Organization Size, 2022 & 2032
Figure 134: MEA Market Y-o-Y Growth Projections, By Organization Size – 2022-2032
Figure 135: MEA Market Attractiveness Index, By Organization Size – 2022-2032
Figure 136: MEA Market Share, By Country, 2022 & 2032
Figure 137: MEA Market Y-o-Y Growth Projections, By Country – 2022-2032
Figure 138: MEA Market Attractiveness Index, By Country – 2022-2032
The global Telecom Cloud Market is worth more than USD 19.8 Billion at present.
The value of the Telecom Cloud Market is projected to increase at a CAGR of around 15.2% during 2022 – 2032.
The value of the Telecom Cloud Market increased at a CAGR of around 22% during 2015 – 2021.
The growing demand for over-the-top cloud services decreased operational and administrative expenses, and greater organizational awareness of telecom cloud is projected to shape the market.
The market for Telecom Cloud Market in US is projected to expand at a CAGR of around 15% during 2022 – 2032.
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