How big is the Telecom Cloud Market?

The Telecom Cloud Market size is expected to reach USD 49.49 billion in 2024 and grow at a CAGR of 16.76% to reach USD 107.40 billion by 2029. Read More

What is the current Telecom Cloud Market size?

In 2024, the Telecom Cloud Market size is expected to reach USD 49.49 billion. Read More

Who are the key players in Telecom Cloud Market?

AT&T Inc, BT Group PLC, Telefonaktiebolaget LM Ericsson, Verizon Communications Inc. and Telstra Corporation Ltd. are the major companies operating in the Telecom Cloud Market. Read More

Which is the fastest growing region in Telecom Cloud Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Telecom Cloud Market?

In 2024, the North America accounts for the largest market share in Telecom Cloud Market. Read More

What years does this Telecom Cloud Market cover, and what was the market size in 2023?

In 2023, the Telecom Cloud Market size was estimated at USD 42.39 billion. The report covers the Telecom Cloud Market historical market size for years: 2022 and 2023. The report also forecasts the Telecom Cloud Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Telecom Cloud Market - Trends, Size & Providers

Telecom Cloud Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The report covers Global Cloud Telecommunications Market Analysis. The market is segmented by Type (Solution, Service), Application (Billing and Provisioning, Traffic Management), Cloud Platform (Software-As-A-Service (SAAS), Infrastructure-As-A-Service (IAAS), Platform-As-A-Service (PAAS)), End User, and Geography (North America (US, Canada), Europe (UK, France, Germany, Italy, and Rest of Europe), Asia Pacific (India, China, Japan, and Rest of Asia-Pacific), and Rest of the World). The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

Telecom Cloud Industry Overview

The major players include AT&T Inc., BT Group PLC, Verizon Communications Inc., Level 3 Communications Inc., Telefonaktiebolaget L.M. Ericsson, Deutsche Telekom, and NTT Communications Corporation. These players are increasingly undertaking mergers and acquisitions and product launches to develop and introduce new technologies and products in the market. Hence, the market concentration will be high.

September 2022 - Wind River and Dell Technologies have cooperated to revolutionize telecom cloud installations. The market-first co-engineered Dell solution with Wind River will aid in accelerating the adoption of open, cloud-native network technologies.
May 2022 - The cloud-native IMS Voice Core product, which Nokia announced the release, will aid CSPs (Communication Service Providers) in enhancing operational agility, streamlining network operations, and lowering the cost of managing their networks.