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Telecom Cloud Market Share

Report ID: GMI6066
Published Date: Jul 2024
Report Format: PDF

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Telecom Cloud Market Share

Major companies operating in the telecom cloud industry include,

AWS
Cisco
Ericsson
Fortinet
Google
Huawei Technologies Co.Ltd.
IBM Corporation
Juniper Networks Inc.
Microsoft Corporation
Nokia
Oracle Corporation
Orange
Salesforce
Verizon Communication
VMWare

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

Telecom cloud industry size was USD 27.1 billion in 2023 and will record over 19.5% CAGR between 2024 and 2032 due to the rising proliferation of smartphones, IoT devices, and bandwidth-intensive applications worldwide.

The service component segment held over 35% of the telecom cloud industry share in 2023 driven by the growing complexity of telecom cloud environments and the higher demand for professional and managed services.

North America telecom cloud industry share is estimated to witness 18% CAGR from 2024-2032 owing to the well-established telecommunications operators and service providers in the region.

AWS, Cisco, Ericsson, Fortinet, Google, Huawei Technologies Co., Ltd., IBM Corporation, Juniper Networks Inc., Microsoft Corporation, Nokia, Oracle Corporation, Orange, Salesforce, Verizon Communication, and VMWare are some key telecom cloud companies.