Published Date : Feb 12, 2018
Albany, New York, February 12, 2018- With rising traffic volumes, telecom service providers need to innovate to sustain the competition in the rapidly changing network environment. Not only do they need to spend heavily in new equipment to serve the bandwidth demand, but also improve their capabilities to introduce new revenue-generating services, up customer satisfaction, and reduce operating costs. Understanding the benefits of virtualization and cloud computing, telecom service providers are beefing up traditional network architecture with cloud to reap benefits of economies of scale, cost effectiveness, and scalability. Howbeit, telecom cloud, unlike the IT cloud, demands high level of availability and reliability.
The possibilities of cloud-based business that telecom operators are looking upon in an extremely complex business environment are analyzed at length in a market intelligence study featured on Marketresearchreports.biz. The report, titled “Telecom Cloud Market - Global Industry Analysis, Size, Growth, Trends and Forecast 2017 – 2025,” provides a scientific reports of trends and opportunities that will influence the growth of global telecom cloud market over the forecast period between 2017 and 2025. It delves into vital market indicators and technological advancements that are important to present a satisfactory reports of the telecom cloud market over the aforementioned forecast period. The reports of the telecom cloud market presented in this report has been derived using standard analytical tools.
Telecom cloud is a business model wherein conventional machine based services are shifted to cloud computing service. Cloud-based telecom services lowers the cost of infrastructure and allows resources to be shared more efficiently. Telecom cloud model is gaining popularity because of convenience and pay as you use model. This leads to optimization of utilization of resource in data centers. The success of software as a service model has further bolstered the telecom cloud market.
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The report studies the global telecom cloud market depending on type, cloud platform, end user, application, and region. The segments of the market based on type are service and solution. The service segment is further divided into colocation service, professional and managed service, and network service. The solution segment is further classified into content delivery network, unified communication and collaboration, and others.
In terms of cloud platform, the telecom cloud market is divided into software as a service (SaaS), platform as a service (PaaS), and infrastructure as a service (IaaS). Of them, infrastructure as a service is likely to hold the leading share over the report’s forecast period. This is mainly because IaaS helps in managing and monitoring remote data center infrastructure. Application-wise, the telecom cloud market is classified into traffic management, billing and provisioning, and others. By end user, the telecom cloud market is segmented into banking, retail and consumer goods, healthcare, media and entertainment, transportation, and others.
The global telecom cloud market has been studied for five regions in this report. They are North America, Asia Pacific, Europe, South America, and the Middle East and Africa. North America, among them, is predicted to lead the telecom cloud market in the upcoming years owing to high technical expertise in the field that will enable easy switch to telecom cloud services.
Key players in the global market for telecom cloud include Telus Corporation, AT&T Inc., NTT Communications Corporation, Verizon Wireless, Telstra Corporation Ltd., BT Group plc, China Telecommunications Corporation, Fusion Telecommunications International Inc., T-Mobile International AG, and Terremark Worldwide among others.
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