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Telecom Cloud Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global telecom cloud market reached a value of US$ 27.08 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 88.43 Billion by 2027 exhibiting a growth rate (CAGR) of 20.70% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Telecom cloud is a term used to define the shift in the telecommunication industry from conventional machine-based landline services to cloud computing services. It enables the utilization of networking resources efficiently and provides unlimited network capacity to manage unpredictable data growth and offer an enhanced customer experience. It delivers immediate technical and profitable business values with minimal management effort or service provider interaction. Moreover, it facilitates the virtualization of storage, servers and networks, reduces the cost of infrastructure, and allows efficient sharing of resources. In recent years, telecom cloud solutions have gained traction across various industries, including banking, financial services and insurance (BFSI), healthcare, retail, media and entertainment, manufacturing, government, and transportation.

 

 
 

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Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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Telecom Cloud Market Trends:

Telecom cloud has enabled telecommunication organizations to migrate to the internet and eliminated the need for costly hardware for businesses to stay connected to the rest of the world. As a result, the shifting preferences toward cloud services among enterprises to enhance business agility and operational efficiency represent the primary factor driving the market growth. Besides this, the growing awareness regarding the telecom cloud among enterprises and lower operational and administrative costs are catalyzing the product demand. Additionally, with the recent outbreak of coronavirus disease (COVID-19), there has been a significant increase in the number of individuals working from home and obtaining education online. Along with this, the rising consumption of data and the escalating demand for over-the-top (OTT) cloud services are propelling the market growth. Furthermore, several key players are focusing on introducing industry-specific web real-time communication (WebRTC) solutions and services to meet the growing demand for cost-effective and user-friendly browser-based communication solutions. Other factors, including the emerging digitization trend, growing need for virtual environments, increasing penetration of the internet and smartphones, rising demand for rich media content, and technological advancements, are also creating a favorable market outlook.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global telecom cloud market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, computing services, application and end user.

Breakup by Type:

  • Public Cloud
  • Private Cloud
  • Hybrid Cloud
     

Breakup by Computing Services:

  • SaaS
  • IaaS
  • PaaS
     

Breakup by Application:

 

 
 

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  • Computing
  • Data Storage
  • Achieving
  • Enterprise Application
  • Others
     

Breakup by End User:

  • BFSI
  • Retail
  • Manufacturing
  • Transportation and Distribution
  • Healthcare
  • Government
  • Media and Entertainment
  • Others
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Amazon Web Services Inc. (Amazon.com Inc.), BT Group plc, China Telecom Corporation Limited, Dell Technologies Inc., Deutsche Telekom AG, Google LLC, International Business Machines Corporation, Microsoft Corporation, Nippon Telegraph and Telephone Corporation, Oracle Corporation, Singapore Telecommunications Limited, Telefonaktiebolaget LM Ericsson, Telstra Corporation Limited, Telus Corporation and Verizon Communications Inc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Type, Computing Services, Application, End User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Amazon Web Services Inc. (Amazon.com Inc.), BT Group plc, China Telecom Corporation Limited, Dell Technologies Inc., Deutsche Telekom AG, Google LLC, International Business Machines Corporation, Microsoft Corporation, Nippon Telegraph and Telephone Corporation, Oracle Corporation, Singapore Telecommunications Limited, Telefonaktiebolaget LM Ericsson, Telstra Corporation Limited, Telus Corporation and Verizon Communications Inc.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Telecom Cloud Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Type
    6.1    Public Cloud
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Private Cloud
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Hybrid Cloud
        6.3.1 Market Trends
        6.3.2 Market Forecast
7    Market Breakup by Computing Services
    7.1    SaaS
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    IaaS
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    PaaS
        7.3.1 Market Trends
        7.3.2 Market Forecast
8    Market Breakup by Application
    8.1    Computing
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Data Storage
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Achieving
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Enterprise Application
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Others
        8.5.1 Market Trends
        8.5.2 Market Forecast
9    Market Breakup by End User
    9.1    BFSI
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Retail
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Manufacturing
        9.3.1 Market Trends
        9.3.2 Market Forecast
    9.4    Transportation and Distribution
        9.4.1 Market Trends
        9.4.2 Market Forecast
    9.5    Healthcare
        9.5.1 Market Trends
        9.5.2 Market Forecast
    9.6    Government
        9.6.1 Market Trends
        9.6.2 Market Forecast
    9.7    Media and Entertainment
        9.7.1 Market Trends
        9.7.2 Market Forecast
    9.8    Others
        9.8.1 Market Trends
        9.8.2 Market Forecast
10    Market Breakup by Region
    10.1    North America
        10.1.1 United States
           10.1.1.1 Market Trends
           10.1.1.2 Market Forecast
        10.1.2 Canada
           10.1.2.1 Market Trends
           10.1.2.2 Market Forecast
    10.2    Asia-Pacific
        10.2.1 China
           10.2.1.1 Market Trends
           10.2.1.2 Market Forecast
        10.2.2 Japan
           10.2.2.1 Market Trends
           10.2.2.2 Market Forecast
        10.2.3 India
           10.2.3.1 Market Trends
           10.2.3.2 Market Forecast
        10.2.4 South Korea
           10.2.4.1 Market Trends
           10.2.4.2 Market Forecast
        10.2.5 Australia
           10.2.5.1 Market Trends
           10.2.5.2 Market Forecast
        10.2.6 Indonesia
           10.2.6.1 Market Trends
           10.2.6.2 Market Forecast
        10.2.7 Others
           10.2.7.1 Market Trends
           10.2.7.2 Market Forecast
    10.3    Europe
        10.3.1 Germany
           10.3.1.1 Market Trends
           10.3.1.2 Market Forecast
        10.3.2 France
           10.3.2.1 Market Trends
           10.3.2.2 Market Forecast
        10.3.3 United Kingdom
           10.3.3.1 Market Trends
           10.3.3.2 Market Forecast
        10.3.4 Italy
           10.3.4.1 Market Trends
           10.3.4.2 Market Forecast
        10.3.5 Spain
           10.3.5.1 Market Trends
           10.3.5.2 Market Forecast
        10.3.6 Russia
           10.3.6.1 Market Trends
           10.3.6.2 Market Forecast
        10.3.7 Others
           10.3.7.1 Market Trends
           10.3.7.2 Market Forecast
    10.4    Latin America
        10.4.1 Brazil
           10.4.1.1 Market Trends
           10.4.1.2 Market Forecast
        10.4.2 Mexico
           10.4.2.1 Market Trends
           10.4.2.2 Market Forecast
        10.4.3 Others
           10.4.3.1 Market Trends
           10.4.3.2 Market Forecast
    10.5    Middle East and Africa
        10.5.1 Market Trends
        10.5.2 Market Breakup by Country
        10.5.3 Market Forecast
11    SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12    Value Chain Analysis
13    Porters Five Forces Analysis

    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14    Price Analysis
15    Competitive Landscape

    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players
        15.3.1    Amazon Web Services Inc. (Amazon.com Inc.)
           15.3.1.1 Company Overview
           15.3.1.2 Product Portfolio
           15.3.1.3 SWOT Analysis
        15.3.2    BT Group plc
           15.3.2.1 Company Overview
           15.3.2.2 Product Portfolio
           15.3.2.3 Financials
           15.3.2.4 SWOT Analysis
        15.3.3    China Telecom Corporation Limited
           15.3.3.1 Company Overview
           15.3.3.2 Product Portfolio
           15.3.3.3 Financials
           15.3.3.4 SWOT Analysis
        15.3.4    Dell Technologies Inc.
           15.3.4.1 Company Overview
           15.3.4.2 Product Portfolio
           15.3.4.3 Financials
           15.3.4.4 SWOT Analysis
        15.3.5    Deutsche Telekom AG
           15.3.5.1 Company Overview
           15.3.5.2 Product Portfolio
           15.3.5.3 Financials
           15.3.5.4 SWOT Analysis
        15.3.6    Google LLC
           15.3.6.1 Company Overview
           15.3.6.2 Product Portfolio
           15.3.6.3 SWOT Analysis
        15.3.7    International Business Machines Corporation
           15.3.7.1 Company Overview
           15.3.7.2 Product Portfolio
           15.3.7.3 Financials
           15.3.7.4 SWOT Analysis
        15.3.8    Microsoft Corporation
           15.3.8.1 Company Overview
           15.3.8.2 Product Portfolio
           15.3.8.3 Financials
           15.3.8.4 SWOT Analysis
        15.3.9    Nippon Telegraph and Telephone Corporation
           15.3.9.1 Company Overview
           15.3.9.2 Product Portfolio
           15.3.9.3 Financials
           15.3.9.4 SWOT Analysis
        15.3.10    Oracle Corporation
           15.3.10.1 Company Overview
           15.3.10.2 Product Portfolio
           15.3.10.3 Financials
           15.3.10.4 SWOT Analysis
        15.3.11    Singapore Telecommunications Limited
           15.3.11.1 Company Overview
           15.3.11.2 Product Portfolio
           15.3.11.3 Financials
           15.3.11.4 SWOT Analysis
        15.3.12    Telefonaktiebolaget LM Ericsson
           15.3.12.1 Company Overview
           15.3.12.2 Product Portfolio
           15.3.12.3 Financials
           15.3.12.4 SWOT Analysis
        15.3.13    Telstra Corporation Limited
           15.3.13.1 Company Overview
           15.3.13.2 Product Portfolio
           15.3.13.3 Financials
           15.3.13.4 SWOT Analysis
        15.3.14    Telus Corporation
           15.3.14.1 Company Overview
           15.3.14.2 Product Portfolio
           15.3.14.3 Financials
           15.3.14.4 SWOT Analysis
        15.3.15    Verizon Communications Inc.
           15.3.15.1 Company Overview
           15.3.15.2 Product Portfolio
           15.3.15.3 Financials
           15.3.15.4 SWOT Analysis

List of Figures

Figure 1: Global: Telecom Cloud Market: Major Drivers and Challenges
Figure 2: Global: Telecom Cloud Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Telecom Cloud Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Telecom Cloud Market: Breakup by Type (in %), 2021
Figure 5: Global: Telecom Cloud Market: Breakup by Computing Services (in %), 2021
Figure 6: Global: Telecom Cloud Market: Breakup by Application (in %), 2021
Figure 7: Global: Telecom Cloud Market: Breakup by End User (in %), 2021
Figure 8: Global: Telecom Cloud Market: Breakup by Region (in %), 2021
Figure 9: Global: Telecom Cloud (Public Cloud) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Telecom Cloud (Public Cloud) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Telecom Cloud (Private Cloud) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Telecom Cloud (Private Cloud) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Telecom Cloud (Hybrid Cloud) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Telecom Cloud (Hybrid Cloud) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Telecom Cloud (SaaS) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Telecom Cloud (SaaS) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Telecom Cloud (IaaS) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Telecom Cloud (IaaS) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Telecom Cloud (PaaS) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Telecom Cloud (PaaS) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Telecom Cloud (Computing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Telecom Cloud (Computing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Telecom Cloud (Data Storage) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Telecom Cloud (Data Storage) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Telecom Cloud (Achieving) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Telecom Cloud (Achieving) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Telecom Cloud (Enterprise Application) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: Telecom Cloud (Enterprise Application) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: Telecom Cloud (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Global: Telecom Cloud (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Global: Telecom Cloud (BFSI) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Global: Telecom Cloud (BFSI) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Global: Telecom Cloud (Retail) Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Global: Telecom Cloud (Retail) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Global: Telecom Cloud (Manufacturing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Global: Telecom Cloud (Manufacturing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Global: Telecom Cloud (Transportation and Distribution) Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Global: Telecom Cloud (Transportation and Distribution) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Global: Telecom Cloud (Healthcare) Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Global: Telecom Cloud (Healthcare) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Global: Telecom Cloud (Government) Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Global: Telecom Cloud (Government) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Global: Telecom Cloud (Media and Entertainment) Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Global: Telecom Cloud (Media and Entertainment) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: Global: Telecom Cloud (Other End Users) Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: Global: Telecom Cloud (Other End Users) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: North America: Telecom Cloud Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: North America: Telecom Cloud Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: United States: Telecom Cloud Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: United States: Telecom Cloud Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Canada: Telecom Cloud Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Canada: Telecom Cloud Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Asia-Pacific: Telecom Cloud Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Asia-Pacific: Telecom Cloud Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: China: Telecom Cloud Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: China: Telecom Cloud Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Japan: Telecom Cloud Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Japan: Telecom Cloud Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: India: Telecom Cloud Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: India: Telecom Cloud Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: South Korea: Telecom Cloud Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: South Korea: Telecom Cloud Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Australia: Telecom Cloud Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Australia: Telecom Cloud Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Indonesia: Telecom Cloud Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Indonesia: Telecom Cloud Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Others: Telecom Cloud Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Others: Telecom Cloud Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Europe: Telecom Cloud Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Europe: Telecom Cloud Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Germany: Telecom Cloud Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Germany: Telecom Cloud Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: France: Telecom Cloud Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: France: Telecom Cloud Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: United Kingdom: Telecom Cloud Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: United Kingdom: Telecom Cloud Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Italy: Telecom Cloud Market: Sales Value (in Million US$), 2016 & 2021
Figure 78: Italy: Telecom Cloud Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Spain: Telecom Cloud Market: Sales Value (in Million US$), 2016 & 2021
Figure 80: Spain: Telecom Cloud Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 81: Russia: Telecom Cloud Market: Sales Value (in Million US$), 2016 & 2021
Figure 82: Russia: Telecom Cloud Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 83: Others: Telecom Cloud Market: Sales Value (in Million US$), 2016 & 2021
Figure 84: Others: Telecom Cloud Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 85: Latin America: Telecom Cloud Market: Sales Value (in Million US$), 2016 & 2021
Figure 86: Latin America: Telecom Cloud Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 87: Brazil: Telecom Cloud Market: Sales Value (in Million US$), 2016 & 2021
Figure 88: Brazil: Telecom Cloud Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 89: Mexico: Telecom Cloud Market: Sales Value (in Million US$), 2016 & 2021
Figure 90: Mexico: Telecom Cloud Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 91: Others: Telecom Cloud Market: Sales Value (in Million US$), 2016 & 2021
Figure 92: Others: Telecom Cloud Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 93: Middle East and Africa: Telecom Cloud Market: Sales Value (in Million US$), 2016 & 2021
Figure 94: Middle East and Africa: Telecom Cloud Market: Breakup by Country (in %), 2021
Figure 95: Middle East and Africa: Telecom Cloud Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 96: Global: Telecom Cloud Industry: SWOT Analysis
Figure 97: Global: Telecom Cloud Industry: Value Chain Analysis
Figure 98: Global: Telecom Cloud Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Telecom Cloud Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Telecom Cloud Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: Telecom Cloud Market Forecast: Breakup by Computing Services (in Million US$), 2022-2027
Table 4: Global: Telecom Cloud Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 5: Global: Telecom Cloud Market Forecast: Breakup by End User (in Million US$), 2022-2027
Table 6: Global: Telecom Cloud Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: Telecom Cloud Market: Competitive Structure
Table 8: Global: Telecom Cloud Market: Key Players


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Key Questions Answered in This Report

The global telecom cloud market was valued at US$ 27.08 Billion in 2021.

We expect the global telecom cloud market to exhibit a CAGR of 20.70% during 2022-2027.

The emerging trend of virtual environment, along with the increasing preferences for cloud computing
services among various enterprises to enhance business agility and operational efficiency, are primarily
driving the global telecom cloud market.

The sudden outbreak of the COVID-19 pandemic has led to the rising demand for telecom cloud services
among the individuals working from home and obtaining education online, along with the growing
popularity of OTT cloud services as indoor means of entertainment during the lockdown scenario.

Based on the type, the global telecom cloud market has been segmented into public cloud, private
cloud, and hybrid cloud. Currently, public cloud holds the majority of the total market share.

Based on the computing services, the global telecom cloud market can be divided into SaaS, IaaS, and
PaaS. Among these, SaaS currently exhibits a clear dominance in the market.

Based on the application, the global telecom cloud market has been categorized into computing, data
storage, achieving, enterprise application, and others. Currently, computing accounts for the majority of
the global market share.

Based on the end user, the global telecom cloud market can be segregated into BFSI, retail,
manufacturing, transportation and distribution, healthcare, government, media and entertainment, and
others. Among these, the BFSI sector currently holds the largest market share.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin
America, and Middle East and Africa, where North America currently dominates the global market.

Some of the major players in the global telecom cloud market include Amazon Web Services Inc.
(Amazon.com Inc.), BT Group plc, China Telecom Corporation Limited, Dell Technologies Inc., Deutsche
Telekom AG, Google LLC, International Business Machines Corporation, Microsoft Corporation, Nippon
Telegraph and Telephone Corporation, Oracle Corporation, Singapore Telecommunications Limited,
Telefonaktiebolaget LM Ericsson, Telstra Corporation Limited, Telus Corporation, and Verizon
Communications Inc.

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