DUBLIN–(BUSINESS WIRE)–The “Telecom Cloud – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.
Global Telecom Cloud Market to Reach $70 Billion by 2027
Amid the COVID-19 crisis, the global market for Telecom Cloud estimated at US$19.7 Billion in the year 2020, is projected to reach a revised size of US$70 Billion by 2027, growing at a CAGR of 19.9% over the analysis period 2020-2027.
Billing & Provisioning, one of the segments analyzed in the report, is projected to record a 21% CAGR and reach US$40.2 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Traffic Management segment is readjusted to a revised 19.6% CAGR for the next 7-year period.
The U.S. Market is Estimated at $5.9 Billion, While China is Forecast to Grow at 19.4% CAGR
The Telecom Cloud market in the U.S. is estimated at US$5.9 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$12.2 Billion by the year 2027 trailing a CAGR of 19.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 17.8% and 16.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 13.8% CAGR.
Other Applications Segment to Record 16.3% CAGR
In the global Other Applications segment, USA, Canada, Japan, China and Europe will drive the 16.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$2.6 Billion in the year 2020 will reach a projected size of US$7.6 Billion by the close of the analysis period.
China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$8.1 Billion by the year 2027.
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights World Market Trajectories Impact of Covid-19 and a Looming Global Recession 2. FOCUS ON SELECT PLAYERS (Total 31 Featured):
AT&T, Inc. BT Group PLC CenturyLink, Inc. Deutsche Telekom AG Ericsson AB Level 3 Communications, Inc. NTT Communications Corporation Orange SA Singapore Telecommunications Ltd. (Singtel) Verizon Communications, Inc. 3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
World Current & Future Analysis for Traffic Management by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR World Current & Future Analysis for SaaS by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR World Current & Future Analysis for PaaS by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR World Current & Future Analysis for IaaS by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR World Current & Future Analysis for BFSI by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR World Current & Future Analysis for Retail & Consumer by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR World Current & Future Analysis for Healthcare by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR World Current & Future Analysis for Media & Entertainment by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR World Current & Future Analysis for Transportation by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR World Current & Future Analysis for Other Verticals by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR III. MARKET ANALYSIS
IV. COMPETITION
Total Companies Profiled: 31 For more information about this report visit https://www.researchandmarkets.com/r/jqx24m