Telecom Cloud Market Size

Telecom Cloud Market size was over USD 24.81 billion in 2024 and is anticipated to cross USD 402.3 billion by 2037, witnessing more than 23.9% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of telecom cloud is assessed at USD 29.55 billion.

The rise in demand for 5G is expected to drive the growth of the market. For instance, currently, there are 296 commercial 5G networks around the world, and it is expected that this number will increase to 438 in 2025. Therefore, the growing number of 5G networks globally is also impacting the market growth positively. The demand for cloud services is expected to increase as 5G's assured low latency and increased speed become available. It is expected that service providers and end users will benefit from these opportunities. For instance, with the announcement of a new 5G private network partnership between Orange Spain and Ericsson ERIC, marking a historic milestone in the country's digital transformation, Spain's B2B sector is set to receive a boost.

Furthermore, cloud-based customer relationship management (CRM) and customer experience platforms empower telcos to personalize services, anticipate customer needs, and deliver a superior user experience. The telecommunications industry benefits from the use of cloud-based analytical and artificial intelligence capabilities, allowing it to obtain valuable data on customer behavior that can enable it to make strategic decisions to enhance its service offerings. Therefore, this factor is bolstering the market growth.