World Telecom Cloud Market to Post Over 19% CAGR by Value through 2022, States TechSci Research in Its Report Available at MarketPublishers.com13 Jun 2017 • by Natalie Aster
LONDON – The telecom cloud marketplace globally has been seeing rapid development recently on account of a growing need to reduce operational and administrational expenses by telecommunications companies. Expanding deployment in the banking, financial services and insurance (BFSI) sector and in the media and entertainment industry is channelising demand for telecom cloud solutions worldwide. Unified communication and collaboration (UCC) is becoming extremely popular with telecom carriers due to the improved and more effective service quality. Owing to the surging requirement of responding promptly to user queries, the telecom world sees a hike in the demand for communication defined network services.
Worldwide, the telecom cloud marketplace is anticipated to record over 19% CAGR by value through to 2022. Verizon Communication, AT&T, Singapore Telecommunications Limited, BT Group plc, Telus Corporation, Deutsche Telekom AG, Telstra Corporation Limited ADR, NTT Communications, TATA Communications, CenturyLink, and ZTE Corporation, etc. are amid the outstanding players engaged in the worldwide telecom cloud industry.
In-demand research report “Global Telecom Cloud Market By Type, By End User, By Application, By Region, Competition Forecast & Opportunities, 2012 – 2022” drawn up by TechSci Research is an unrivalled source of data and information on the world market for telecom cloud services.
The study provides market sizing (by value), market share and forecasts pertaining to the global marketplace; it includes market attractiveness index. The research report offers granular market segmentation by service, solution, application, cloud platform, end-use sector, and based on region. For each segment, the report provides market size estimates, shares, and projections. The study limelights the policy and regulatory universe, and casts light on the changing development trends and emerging opportunities with respect to the marketplace. In addition, the research report offers an analysis of the overall competitive landscape and carefully reviews the top 20 market players. The report concludes with valuable strategic recommendations.
For more in-demand market research publications by the publisher visit TechSci Research catalogue.