Telecom Cloud Market Report: Trends, Forecast and Competitive Analysis to 2030

Telecom Cloud Market Report: Trends, Forecast and Competitive Analysis to 2030

Telecom Cloud Trends and Forecast

The future of the global telecom cloud market looks promising with opportunities in the network, data storage, and computing, traffic management, and cloud migration applications. The global telecom cloud market is expected to reach an estimated $63.3 billion by 2030 with a CAGR of 20.3% from 2024 to 2030. The major drivers for this market are growing demand for 5G and IoT based technology in telecom sector, increasing development of a cloud-native environment, and rapid adoption of industry-to-industry digital transformation.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Telecom Cloud by Segment

The study includes a forecast for the global telecom cloud by deployment type, computing service, application, end use industry, and region.

Telecom Cloud Market by Deployment Type [Shipment Analysis by Value from 2018 to 2030]:

• Public Cloud
• Private Cloud
• Hybrid Cloud

Telecom Cloud Market by Computing Service [Shipment Analysis by Value from 2018 to 2030]:

• IaaS
• PaaS
• SaaS

Telecom Cloud Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Network, Data Storage, and Computing
• Traffic Management
• Cloud Migration
• Others

Telecom Cloud Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:

• BFSI
• Retail & Consumer Goods
• Healthcare & Life Sciences
• Media & Entertainment
• Others

Telecom Cloud Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Telecom Cloud Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies telecom cloud companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the telecom cloud companies profiled in this report include-

• Juniper Networks
• IBM
• Mavenir
• Metaswitch Network
• Affirmed Networks
• Fortinet
• Orange
• Huawei Technologies
• VMWare
• Cisco

Telecom Cloud Market Insights

Lucintel forecasts that private will remain the largest segment due to its growing preference among user given to its improved security, control, and data privacy.

Network, data storage, & computing will remain the largest segment due to increasing use of telco cloud on these networks for operations, such as creating web applications, testing and developing new technologies, enhancing scalability, batch processing and storage, hosting, and managing heavy traffic.

North America is expected to witness highest growth over the forecast period due to growing use of hybrid telco clouds, existence of major telecom service providers, and presence of key cloud computing players in the region.

Features of the Global Telecom Cloud Market

Market Size Estimates: Telecom cloud market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Telecom cloud market by various segments, such as by deployment type, computing service, application, end use industry and region in terms of($B).

Regional Analysis: Telecom cloud market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different deployment types, computing services, applications, end use industries, and regions for the telecom cloud market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the telecom cloud market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q.1 What is the telecom cloud market size?

Answer: The global telecom cloud market is expected to reach an estimated $63.3 billion by 2030.

Q.2 What is the growth forecast for telecom cloud market?

Answer: The global telecom cloud market is expected to grow with a CAGR of 20.3% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the telecom cloud market?

Answer: The major drivers for this market are growing demand for 5G and IoT based technology in telecom sector, increasing development of a cloud-native environment, and rapid adoption of industry-to-industry digital transformation.

Q4. What are the major segments for telecom cloud market?

Answer: The future of the telecom cloud market looks promising with opportunities in the network, data storage, and computing, traffic management, and cloud migration applications.

Q5. Who are the key telecom cloud market companies?

Answer: Some of the key telecom cloud companies are as follows:

• Juniper Networks
• IBM
• Mavenir
• Metaswitch Network
• Affirmed Networks
• Fortinet
• Orange
• Huawei Technologies
• VMWare
• Cisco

Q6. Which telecom cloud market segment will be the largest in future?

Answer: Lucintel forecasts that private will remain the largest segment due to its growing preference among user given to its improved security, control, and data privacy.

Q7. In telecom cloud market, which region is expected to be the largest in next 5 years?

Answer: North America is expected to witness highest growth over the forecast period due to growing use of hybrid telco clouds, existence of major telecom service providers, and presence of key cloud computing players in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the telecom cloud market by deployment type (public cloud, private cloud, and hybrid cloud), computing service (IaaS, PaaS, and SaaS), application (network, data storage, and computing, traffic management, cloud migration, and others), end use industry (BFSI, retail & consumer goods, healthcare & life sciences, media & entertainment, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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