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Telecom Cloud Market by Type, Application, Service Model, Organization Size, Vertical, and Region - Global Forecast to 2021

Telecom Cloud Market: Global Forecast until 2021

  • January 2017
  • 161 pages
  • ID: 4626496
In this report:
The unified communication and collaboration segment is expected to grow from USD ##,##.## million in 2016 to USD ##,##.## million by 2021, at a CAGR of ##.##%.
APAC is expected to account for ##.##% of the total market share in 2016, whereas MEA and Latin America are expected to capture ##.##% and ##.##%, respectively, in the telecom cloud market.

Summary

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"Growing awareness about telecom cloud among firms and the need for low operational and administration costs are forecast to steer the global telecom cloud market"

The telecom cloud market size is forecasted to grow from ~$10.9B in 2016 to ~$30.8B by 2021, at a CAGR of 23.00 percent, due to the need for low operational and administration costs & the increasing awareness about telecom cloud among the enterprises. As companies are looking for easy-to-implement and cost-effective solutions, cloud solutions & services are the most appropriate to cater this requirement. Nevertheless, risk of information loss is the main restraint in the global increase of the market.

"Content delivery network is anticipated to be the most promising solution during the estimate period"

The implementation of Content Delivery Network among businesses is anticipated to grow with the highest CAGR (Compound annual growth rate) during the outlook period. CDN helps reduce the workload on the network administration, offers scalability to meet the demand of changing technologies, and helps save the business cost; accordingly, it is anticipated to gain a high market traction.

"Professional services are anticipated to grow with the highest compound annual growth rate (CAGR) during the estimate period"

The professional services in the telecom cloud market is projected to have the more considerable rise during the forecast period of 2016-2021, as these are important to manage the entire lifecycle of the solution, until it is completely deployed. This service includes training & consulting, support & maintenance, custom development services, and equipment installing.

"Asia-Pac is forecasted to witness the highest increase during the outlook period and North America (NA) is intended to hold the largest part of market share during the estimate period"

Asia Pacific (APAC) is anticipated to grow with the maximal rate during the outlook period. The surge in increase is anticipated owing to technological advancements, together with mandatory regulations imposed by government regulatory entities to take the best-in-class technology & standards. North America continent is forecasted to hold the biggest market share and dominate the telecom cloud market in 2016. There are several factors that contribute to this increase: the presence of big enterprises with employees who possess strong technical skills, growing technologically-advanced solutions & services, and high penetration into the increasing sectors of the market.

In the process of finding out and checking the market value for various segments & sub-segments collected by the secondary research, extensive primary audit sessions were managed with top industry personnel. The breakup of profiles of primary discussion participants are given below:

- By Company category: Tier-1 (18.0 percent), Tier-2 (31.0 percent), and Tier-3 (51.0 percent) firms

- By Designation: C-level (42.0 percent), Director Level (33.0 percent), and Others (25.0 percent)

- By area: North america (NA) (47.0 percent), Europe (31.0 percent), Asia-Pacific (14.0 percent), and Rest of World (8.0 percent)

The list of telecom cloud vendors decribed in the study is like:

1. AT&T, Inc. (Dallas, Texas, United States (USA))

2. BT Group PLC

3. Verizon Communication, Inc.

4. Level 3 Communications, Inc. (Broomfield, Colorado, USA)

Segment Research

The overall telecom cloud market has been split on the basis of type, application, service model, organization size, vertical, and area. The different types of study included in the market research contain telecom cloud ecosystem, value chain study, competitive landscaping, and market forces.

Reasons to Buy the Report

This study will help the industry leaders (and new entrants) in the following aspects:

1. This document breaks down the telecom cloud market comprehensively and offers the best approximations of the revenue data for the global market & the sub-segments across several verticals and localities.

2. The market research benefits partners comprehend the pulse of the sector and offers them with info on main market drivers, market restraints, opportunities, & alternatives.

3. This industry report will facilitate partners better comprehend the players and obtain additional insights to improve their rank in the business sector. The competitive outlook section includes competitor landscape, new industry product developments, alliances, and mergers & acquisitions.

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