Telecom Cloud Market Share, Analysis, Report and Forecast, 2017-2024

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Telecom Cloud Market Price, Trends, Industry
Outlook Forecast 2017-2024
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Key Insights from Telecom Cloud Market

• Telecom Cloud Market size has been witnessing
  growth for the past two years as the consumers
  are adopting services that are provided by
  telecom giants. This is particularly relevant for
  telecom providers that have migrated to a
  cloud-based approach due to the significant
  losses incurred in the use of landlines owing to
  the increase in mobile phone adoption.
• Telecom giants have a huge client base, which
  lends an opportunity for them to promote cloud
  services that they intend to offer by
  collaboration with their cloud providers. This
  may help in reaping benefits such as stability,
  customer service, providing end-to-end quality of
  service (QoS), appropriate customer service, and
  gaining maturity commercially.
• The Small and Medium Enterprises (SMEs) have
  turned out to be the benefactors of the telecom
  cloud market as it is understood that telecom
  cloud services and solutions possess the
  potential to yield enhanced quality, efficiency,
  and business productivity.

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Continued...

• The Infrastructure-as-a-Service (IaaS) model is
  expected to hold the major portion of the market
  in telecom cloud as it provides an open
  architecture. It aids in managing and accessing
  datacenters and monitoring the infrastructure.
  This led to an increase in the purchase of IaaS
  as per requirements.
• Major challenges for the telecom cloud market
  include information security and increasing
  demand for Over-the-Top (OTT) cloud services.
  Migrating to the cloud platform has its own share
  of concerns such as data compliance, performance,
  and maintenance of industry standards in an
  organization. It is expected that telecom cloud
  market providers can offer secure services and
  solutions by leveraging their brands to validate
  their value proposition.

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Major Companies in Telecom Cloud Market

• IBM
• ATT
• BT Group PLC
• Verizon Communication
• Level 3 Communications
• Deutsche Telekom
• China Telecom
• T-Mobile
• Telus

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Regional Insights in Telecom Cloud Market

• For the telecom cloud market to thrive, it
  requires lower operational administration costs
  and awareness about telecom cloud among
  enterprises. Thereby, North America is expected
  to have the majority share of the telecom cloud
  market as the U.S. and Canada possess huge
  potential and opportunities.
• The APAC telecom cloud market is expected to grow
  in this time period due to increase in
  investments by telecom players and a substantial
  rise in the number of subscribers.

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