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Report
Telecom Cloud Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-06-14 I 146 Pages I IMARC Group
The global telecom cloud market size reached US$ 34.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 106.0 Billion by 2028, exhibiting a growth rate (CAGR) of 19.41% during 2023-2028.
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.
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 report, along with forecasts at the global, regional and country level from 2023-2028. 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:
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:
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.
Key Questions Answered in This Report
1. What was the size of the global telecom cloud market in 2022?
2. What is the expected growth rate of the global telecom cloud market during 2023-2028?
3. What are the key factors driving the global telecom cloud market?
4. What has been the impact of COVID-19 on the global telecom cloud market?
5. What is the breakup of the global telecom cloud market based on the type?
6. What is the breakup of the global telecom cloud market based on the computing services?
7. What is the breakup of the global telecom cloud market based on application?
8. What is the breakup of the global telecom cloud market based on the end user?
9. What are the key regions in the global telecom cloud market?
10. Who are the key players/companies in the global telecom cloud market?
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
Figure 1: Global: Telecom Cloud Market: Major Drivers and Challenges
Figure 2: Global: Telecom Cloud Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Telecom Cloud Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Telecom Cloud Market: Breakup by Type (in %), 2022
Figure 5: Global: Telecom Cloud Market: Breakup by Computing Services (in %), 2022
Figure 6: Global: Telecom Cloud Market: Breakup by Application (in %), 2022
Figure 7: Global: Telecom Cloud Market: Breakup by End User (in %), 2022
Figure 8: Global: Telecom Cloud Market: Breakup by Region (in %), 2022
Figure 9: Global: Telecom Cloud (Public Cloud) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Telecom Cloud (Public Cloud) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Telecom Cloud (Private Cloud) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Telecom Cloud (Private Cloud) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Telecom Cloud (Hybrid Cloud) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Telecom Cloud (Hybrid Cloud) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Telecom Cloud (SaaS) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Telecom Cloud (SaaS) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Telecom Cloud (IaaS) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Telecom Cloud (IaaS) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Telecom Cloud (PaaS) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Telecom Cloud (PaaS) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Telecom Cloud (Computing) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Telecom Cloud (Computing) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Telecom Cloud (Data Storage) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Telecom Cloud (Data Storage) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Telecom Cloud (Achieving) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Telecom Cloud (Achieving) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Global: Telecom Cloud (Enterprise Application) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Global: Telecom Cloud (Enterprise Application) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: Global: Telecom Cloud (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: Global: Telecom Cloud (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Global: Telecom Cloud (BFSI) Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Global: Telecom Cloud (BFSI) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Global: Telecom Cloud (Retail) Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Global: Telecom Cloud (Retail) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: Global: Telecom Cloud (Manufacturing) Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: Global: Telecom Cloud (Manufacturing) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: Global: Telecom Cloud (Transportation and Distribution) Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: Global: Telecom Cloud (Transportation and Distribution) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: Global: Telecom Cloud (Healthcare) Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: Global: Telecom Cloud (Healthcare) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: Global: Telecom Cloud (Government) Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: Global: Telecom Cloud (Government) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: Global: Telecom Cloud (Media and Entertainment) Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: Global: Telecom Cloud (Media and Entertainment) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: Global: Telecom Cloud (Other End Users) Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: Global: Telecom Cloud (Other End Users) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: North America: Telecom Cloud Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: North America: Telecom Cloud Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: United States: Telecom Cloud Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: United States: Telecom Cloud Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: Canada: Telecom Cloud Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: Canada: Telecom Cloud Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: Asia-Pacific: Telecom Cloud Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: Asia-Pacific: Telecom Cloud Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: China: Telecom Cloud Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: China: Telecom Cloud Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: Japan: Telecom Cloud Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: Japan: Telecom Cloud Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: India: Telecom Cloud Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: India: Telecom Cloud Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: South Korea: Telecom Cloud Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: South Korea: Telecom Cloud Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: Australia: Telecom Cloud Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: Australia: Telecom Cloud Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: Indonesia: Telecom Cloud Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: Indonesia: Telecom Cloud Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Others: Telecom Cloud Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Others: Telecom Cloud Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Europe: Telecom Cloud Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Europe: Telecom Cloud Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Germany: Telecom Cloud Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: Germany: Telecom Cloud Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: France: Telecom Cloud Market: Sales Value (in Million US$), 2017 & 2022
Figure 74: France: Telecom Cloud Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: United Kingdom: Telecom Cloud Market: Sales Value (in Million US$), 2017 & 2022
Figure 76: United Kingdom: Telecom Cloud Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 77: Italy: Telecom Cloud Market: Sales Value (in Million US$), 2017 & 2022
Figure 78: Italy: Telecom Cloud Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 79: Spain: Telecom Cloud Market: Sales Value (in Million US$), 2017 & 2022
Figure 80: Spain: Telecom Cloud Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 81: Russia: Telecom Cloud Market: Sales Value (in Million US$), 2017 & 2022
Figure 82: Russia: Telecom Cloud Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 83: Others: Telecom Cloud Market: Sales Value (in Million US$), 2017 & 2022
Figure 84: Others: Telecom Cloud Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 85: Latin America: Telecom Cloud Market: Sales Value (in Million US$), 2017 & 2022
Figure 86: Latin America: Telecom Cloud Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 87: Brazil: Telecom Cloud Market: Sales Value (in Million US$), 2017 & 2022
Figure 88: Brazil: Telecom Cloud Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 89: Mexico: Telecom Cloud Market: Sales Value (in Million US$), 2017 & 2022
Figure 90: Mexico: Telecom Cloud Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 91: Others: Telecom Cloud Market: Sales Value (in Million US$), 2017 & 2022
Figure 92: Others: Telecom Cloud Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 93: Middle East and Africa: Telecom Cloud Market: Sales Value (in Million US$), 2017 & 2022
Figure 94: Middle East and Africa: Telecom Cloud Market: Breakup by Country (in %), 2022
Figure 95: Middle East and Africa: Telecom Cloud Market Forecast: Sales Value (in Million US$), 2023-2028
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
Table 1: Global: Telecom Cloud Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Telecom Cloud Market Forecast: Breakup by Type (in Million US$), 2023-2028
Table 3: Global: Telecom Cloud Market Forecast: Breakup by Computing Services (in Million US$), 2023-2028
Table 4: Global: Telecom Cloud Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 5: Global: Telecom Cloud Market Forecast: Breakup by End User (in Million US$), 2023-2028
Table 6: Global: Telecom Cloud Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 7: Global: Telecom Cloud Market: Competitive Structure
Table 8: Global: Telecom Cloud Market: Key Players
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