[January 20, 2017]

$30.79 Billion Telecom Cloud Market by Type, Application, Service Model, Organization Size, Vertical & Region - Global Forecast to 2021 - Research and Markets

Research and Markets has announced the addition of the "Telecom Cloud Market - Global Forecast to 2021" report to their offering.

The telecom cloud market size is estimated to grow from USD 10.92 billion in 2016 to USD 30.79 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 23.0%, due to the need for low operational and administration costs & the growing awareness about telecom cloud among the enterprises. As enterprises are looking for easy-to-implement and cost-effective solutions, cloud solutions & services are the most appropriate to cater this requirement. However, risk of information loss is the major restraint in the overall growth of the market.

The implementation of Content Delivery Network (CDN) among businesses is expected to grow with the highest CAGR during the forecast period. CDN helps reduce the workload on the network administration, provides scalability to meet the demand of changing technologies, and helps save the business cost; therefore, it is expected to gain a high market traction.

The professional services in the telecom cloud market is estimated to have the highest growth durig the forecast period of 2016-2021, as these are important to manage the entire lifecycle of the solution, till it is completely deployed. This service includes training & consulting, support & maintenance, custom development services, and equipment installing.

Asia-Pacific (APAC) is expected to grow with the highest rate during the forecast period. The surge in growth is anticipated owing to technological advancements, along with mandatory regulations imposed by government regulatory entities to adopt the best-in-class technology & standards.

Companies Mentioned:

• AT&T Inc.
• BT Group PLC
• Centurylink, Inc.
• Deutsche Telekom (News - Alert)
• Ericsson
• Fusion Telecommunications International, Inc.
• Global It Communications, Inc.
• Level 3 Communications, Inc.
• NTT (News - Alert) Communications Corporation
• Orange Business Services
• Singapore Telecommunications Limited
• Telstra Corporation Limited
• Verizon (News - Alert) Communications Inc.
• Xo Communications
• Zte Corporation

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Telecom Cloud Market Analysis, By Type

8 Telecom Cloud Market Analysis, By Application

9 Telecom Cloud Market Analysis, By Service Model

10 Telecom Cloud Market Analysis, By Organization Size

11 Telecom Cloud Market Analysis, By End User

12 Geographic Analysis

13 Competitive Landscape

14 Company Profiles

15 Other Major Vendors

16 Appendix

For more information about this report visit http://www.researchandmarkets.com/research/n7pslv/telecom_cloud

View source version on businesswire.com: http://www.businesswire.com/news/home/20170120005424/en/

[ Back To TMCnet.com's Homepage ]