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Telecom Cloud Market 2020-2024 | Insights by Types, Applications, Market Drivers, Industry Segmentation and Forecast Analysis

Telecom

The Key purpose of “Telecom Cloud Market” report is to deliver key market trends, the scope of report, competitive landscape and industry overview with key players. Telecom Cloud market report is designed by a detailed investigation process to collect all the necessary data. Further, the report studies the revenue generated from the market analysis and opportunity analysis to estimate the market size.

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Telecom Cloud Market Covers Key Players:

  • AT&T Inc.
  • BT Group PLC
  • Verizon Communications Inc.
  • Level 3 Communications Inc.
  • Telefonaktiebolaget LM Ericsson
  • Deutsche Telekom
  • NTT Communications Corporation
  • CenturyLink Inc
  • Singapore Telecommunications Limited
  • China Telecommunications Corporation
  • Telus Corporation
  • T
  • Mobile International AG

    Market Overview:

  • The global telecom cloud market is valued at USD 14.19 billion in 2018 and is expected to reach USD 42 billion by 2024 and is expected to witness a growth of 20.89% during the forecast period (2019 – 2024). The latest trend of Cloud-technology has enabled a way for telecommunication organizations to migrate to the internet, where there is no longer the need to have costly hardware for businesses to stay connected to the rest of the world.
  • – The advancements in information and communications technology have brought remarkable changes in the global business operation. Various government and public enterprises are dependent on important information infrastructure services. Also, organizations are now showing more interest in cloud services to meet the growing demand from business operations.
  • – Increasing demand for over the top cloud services, lower operational and administrative costs, and growing awareness about telecom cloud among enterprises are expected to boost the growth of the market.
  • – With the rising demand for cost-effective and user-friendly browser-based communication solutions, many notable vendors are looking to introduce vertical-specific WebRTC solutions and services in North America, which is indirectly expected to boost the growth of the market.
  • – However, the risk of cyber threats poses a big challenge to market growth. as cyber attacks on telecommunication operators can disrupt services for phone and internet consumers, cripple businesses, and shut down government operations.

    The Telecom Cloud Market Report Includes:

    • The Telecom Cloud market report covers the present status and future prospects.
    • The report analyses market trends, size, and forecast in different geographically.
    • The report provides market competition overview among the Top companies.
    • The report provides a complete analysis of the current and emerging market trends and opportunities.

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    Scope of the Report:

  • Telecom cloud is actually a new advancement in Information and Communication Technology, where there is no use of hardware to get connected. It provides unlimited network capacity to manage unpredictable data growth and offer a superior customer experience

    Key Market Trends:

    Solution Expected To Dominate the Telecom Cloud Market

    – The solution offerings in the market include unified communication and collaboration, content delivery network, and other solutions. this is major;y owing to increasing internet and mobile device penetration.
    – With this, businesses increasingly acknowledge the need to leverage advanced technologies, in order to improve business agility and gain operational efficiencies.
    – They are deploying a broad array of communications and collaboration applications, including telephony, email, voicemail and unified messaging, instant messaging (IM) and presence, audio, web, and video conferencing, file sharing and white-boarding, mobility, social networking, and more.
    – Additionally, exponentially rising media content and demand for rich video content among the increasing online users, along with the trend of digitization among the organizations across end-user verticals spurs the need for content delivery network solutions.

    North America Holds the Major Share in the Telecom Cloud Market

    – North America witnesses a huge penetration from large enterprises with technically-skilled employees, providing continuous innovative technologies.
    – The dominance of this region can be attributed to the recent increase in mobility, and the explosion of smart mobile devices due to the consumerization of IT.
    – Moreover, with the rising demand for cost-effective and user-friendly browser-based communication solutions, many notable vendors are looking to introduce vertical-specific WebRTC solutions and services in North America, which is indirectly expected to boost the growth of the market.

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    Important Questions Answered in The Telecom Cloud Market Report:

    • What is the main factor that takes this market to the next level?
    • What will the market demand and what will be growth?
    • What are the latest opportunities for the Telecom Cloud Market in the future?
    • What are the strengths of the main players?
    • What is the key to the Telecom Cloud Market?

    Detailed TOC of Telecom Cloud Market Report 2020-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Introduction to Market Drivers and Restraints
    4.3 Market Drivers
    4.3.1 Rising Awareness About Telecom Cloud Among Enterprises
    4.3.2 Lower Operational and Administration Costs
    4.4 Market Restraints
    4.4.1 Risk of Security Breaches
    4.5 Industry Attractiveness – Porter’s Five Force Analysis
    4.5.1 Threat of New Entrants
    4.5.2 Bargaining Power of Buyers/Consumers
    4.5.3 Bargaining Power of Suppliers
    4.5.4 Threat of Substitute Products
    4.5.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Type
    5.1.1 Solution
    5.1.1.1 Unified Communication and Collaboration
    5.1.1.2 Content Delivery Network
    5.1.1.3 Other Solutions
    5.1.2 Service
    5.1.2.1 Colocation Services
    5.1.2.2 Network Services
    5.1.2.3 Professional Services
    5.1.2.4 Managed Services
    5.2 By Application
    5.2.1 Billing and Provisioning
    5.2.2 Traffic Management
    5.2.3 Other Applications
    5.3 By Cloud Platform
    5.3.1 Software-as-a-Service
    5.3.2 Infrastructure-as-a-Service
    5.3.3 Platform-as-a-Service
    5.4 By End User
    5.4.1 BFSI
    5.4.2 Retail
    5.4.3 Manufacturing
    5.4.4 Transportation and Distribution
    5.4.5 Healthcare
    5.4.6 Government
    5.4.7 Media and Entertainment
    5.4.8 Other End Users
    5.5 Geography
    5.5.1 North America
    5.5.2 Europe
    5.5.3 Asia-Pacific
    5.5.4 Latin America
    5.5.5 Middle East & Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 AT&T Inc.
    6.1.2 BT Group PLC
    6.1.3 Verizon Communications Inc.
    6.1.4 Level 3 Communications Inc.
    6.1.5 Telefonaktiebolaget LM Ericsson
    6.1.6 Deutsche Telekom
    6.1.7 NTT Communications Corporation
    6.1.8 CenturyLink Inc
    6.1.9 Singapore Telecommunications Limited
    6.1.10 China Telecommunications Corporation
    6.1.11 Telus Corporation
    6.1.12 T-Mobile International AG

    7 INVESTMENT ANALYSIS

    8 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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