The telecom cloud market is valued at US$253.3 billion in 2020 and is expected to reach US$74.36 billion by 2026 and grow at a CAGR of 19% over the forecast period (2021-2027). The latest trends in cloud technology have enabled the way communications organizations migrate to the Internet, and businesses no longer need expensive hardware to stay connected with the world.
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Telecom Cloud Market Segments:
Type
• Solution
• Service
Application
• Billing and Provisioning
• Traffic Management
• Other Applications
Cloud Platform
• Software-as-a-Service
• Infrastructure-as-a-Service
• Platform-as-a-Service
End User
• BFSI
• Retail
• Manufacturing
• Transportation and Distribution
• Healthcare
• Government
• Media and Entertainment
• Other End Users
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(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)