Asia Pacific Telecom Cloud Market Size, Share & Industry Trends Analysis Report By Type, By Application, By Computing Services, By Services Type, By Organization Size, By Vertical, By Country, Historical Data and Growth Forecast, 2021 - 2027
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Market Report Description
The Asia Pacific Telecom Cloud Market would witness market growth of 23.0% CAGR during the forecast period (2021-2027).
Several government and public-sector organizations rely on critical information infrastructure services. In addition, to satisfy the increased demand from business operations, companies are more interested in cloud services. The market is predicted to develop due to rising demand for over-the-top cloud services, decreased operational and administrative expenses, and more awareness of telecom cloud among businesses.
Many notable vendors are looking to introduce vertical-specific WebRTC solutions and services in developed region. With the rising demand for cost-effective and user-friendly browser-based communication solutions, many notable vendors are launching cost-effective and user-friendly browser-based communication solutions.
The expansion of infrastructure in APAC, particularly in Japan, South Korea, Australia, Singapore, China, and India, as well as the rapid deployment of 5G networks, present enormous prospects for the telecom cloud to be implemented. Various supportive government initiatives and polices are motivating key market companies to expand their business in this region, which would further contribute to the economic growth.
The China market dominated the Asia Pacific Telecom Cloud Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $5.6 billion by 2027. The Japan market would showcase a CAGR of 22.2% during (2021 - 2027). Additionally, The India market is poised to grow a CAGR of 23.7% during (2021 - 2027).
Based on Type, the market is segmented into Public Cloud, Private Cloud and Hybrid Cloud. Based on Application, the market is segmented into Enterprise Application, Data Storage, Computing, Archiving, and Others. Based on Computing Services, the market is segmented into SaaS, IaaS, and PaaS. Based on Services Type, the market is segmented into Network & Management Services and Colocation Services. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Vertical, the market is segmented into BFSI, Retail & Consumer Goods, Healthcare, Manufacturing, Media & Entertainment and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Telstra Corporation, Orange S.A. (Orange Business Services), Telefonica S.A., Vodafone Group Plc, Deutsche Telekom AG, AT&T, Inc. (AT&T Intellectual Property), Verizon Communications, Inc., BT Group plc, Lumen Technologies, Inc., and SK Telecom Co., Ltd.
Scope of the Study
Market Segments Covered in the Report:
- Public Cloud
- Private Cloud and
- Hybrid Cloud
- Enterprise Application
- Data Storage
- Archiving, and
By Computing Services
- IaaS, and
By Services Type
- Network & Management Services and
- Colocation Services
By Organization Size
- Large Enterprises and
- Small & Medium Enterprises
- Retail & Consumer Goods
- Media & Entertainment and
- South Korea
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Telstra Corporation
- Orange S.A. (Orange Business Services)
- Telefonica S.A.
- Vodafone Group Plc
- Deutsche Telekom AG
- AT&T, Inc. (AT&T Intellectual Property)
- Verizon Communications, Inc.
- BT Group plc
- Lumen Technologies, Inc.
- SK Telecom Co., Ltd.
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