Top 10 Telecom Cloud Companies | Best Security Infrastructure – Scoop – Market News

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Telecom Cloud Market Overview

Telecom cloud integrates cloud computing into telecommunications, virtualizing and consolidating network infrastructure and services.

It utilizes technologies such as NFV and SDN to virtualize network functions and manage resources centrally.

This allows operators to scale infrastructure flexibly, automate services, and maintain security compliance. It facilitates multi-tenancy for secure resource sharing.

Edge computing is also employed, placing resources closer to the network edge for low-latency support of IoT and other applications.

Market Drivers

Several factors are propelling the growth of the global telecom cloud market. The growing demand for cost-efficient telecommunications solutions pushes telecom operators to adopt cloud-based services.

Moreover, the increasing utilization of technologies such as 5G and IoT creates a demand for adaptable infrastructure, which the telecom cloud can offer. The digital transformation trend across various industries drives market expansion as companies seek cloud-based communication tools.

Additionally, the advantages of virtualization, like enhanced resource management, are prompting telecom firms to invest in cloud solutions. Lastly, the rising emphasis on network security is compelling operators to integrate cloud-based security solutions, further bolstering the telecom cloud market.

Market Size

The global Telecom Cloud Market was valued at USD 23.6 billion in 2022 and is projected to reach USD 127.6 billion by 2032, with a compound annual growth rate (CAGR) of 18.9% during the forecast period from 2023 to 2032.

List of Major Companies

 These are the top ten companies operating in the Telecom Cloud Market:


Company Overview

Establishment Year 1983
Headquarter Dallas, Texas, U.S.
Key Management William Kennard (Chairman)
Revenue (US$ Bn) $ 122.4 Billion (2023)
Headcount ~ 149,900 (2023)

About AT&T

AT&T Inc. is a significant player in the telecommunications sector and holds a prominent position in the telecom cloud industry. It provides diverse cloud services catering to businesses, government entities, and consumers.

These offerings encompass Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS), allowing users to access computing resources and applications on demand, eliminating the need for upfront infrastructure investment.

AT&T specializes in Network Function Virtualization (NFV) and Software-Defined Networking (SDN) to streamline network management and facilitate rapid service deployment.

Moreover, the company invests in edge computing infrastructure to bolster support for low-latency applications like IoT. Ensuring cloud security and regulatory compliance are also key priorities for AT&T.

Geographical Presence

AT&T Inc. maintains a robust presence, primarily in the United States, serving millions with its extensive network. It also operates internationally, leveraging partnerships to cater to diverse needs.

This global approach underscores AT&T’s leadership in delivering connectivity solutions to meet evolving demands.

Recent Developments

  • In February 2024, AT&T and Ericsson achieved the first VRAN call and implemented commercial traffic on Cloud RAN sites. Shifting to Cloud RAN allows AT&T to manage and secure data efficiently and at lower costs while fostering an open environment for developers to innovate and introduce new applications and services.
  • In February 2024, AT&T partnered with relationship expert LizListens to explore how our phone usage impacts relationships, offering valuable insights and a quiz for self-discovery.


Company Overview

Establishment Year 1983
Headquarter New York City, New York, U.S.
Key Management Hans Vestberg (Chairman & CEO)
Revenue (US$ Bn) $ 133.9 B (2023)
Headcount ~ 105,400 (2023)

About Verizon Communications

Verizon Communications Inc. is a significant telecommunications and telecom cloud industry player. It offers various cloud services tailored for businesses, governments, and consumers, including IaaS, PaaS, and SaaS, enabling on-demand access to computing resources and applications.

Verizon specializes in NFV and SDN to improve network flexibility, and it invests in edge computing to support IoT and other latency-sensitive applications. Additionally, Verizon provides robust cloud security solutions.

Geographical Presence

Verizon Communications Inc., based in New York City, has a wide-reaching presence across the United States and specific international markets. Serving millions of customers in urban, suburban, and rural areas across all 50 states, Verizon also offers business solutions internationally.

Verizon leads the telecommunications industry through its robust infrastructure and innovative services, providing reliable connectivity solutions to meet global demands.

Recent Developments

  • In March 2024, Verizon Connect expanded Reveal EV capabilities in Europe and introduced the Electric Vehicle Suitability Tool. This tool demonstrates to customers the potential cost savings and sustainability benefits of switching to electric vehicles.
  • In February 2024, Verizon partnered with the U.S. military for a training exercise aimed at preparing its personnel and assets for swift recovery during natural disasters, ensuring critical communications are restored promptly.


Company Overview

Establishment Year 1876
Headquarter Kista, Stockholm, Sweden
Key Management Ronnie Leten (Chairman)
Revenue (US$ Bn) $ 24.8 Billion (2023)
Headcount ~ 101,351 (2023)

About Ericsson

Ericsson, a major telecommunications player, focuses significantly on the telecom cloud sector. Offering a diverse range of cloud-based solutions, Ericsson caters to the needs of telecom operators, businesses, and consumers.

With NFV, SDN, and edge computing expertise, Ericsson enables efficient network management and quick service deployment. Additionally, the company emphasizes comprehensive security solutions for safeguarding data and network infrastructure in the cloud.

Geographical Presence

Ericsson, a global leader in telecommunications, boasts a widespread presence across Europe, North America, Asia-Pacific, Latin America, Africa, and the Middle East.

Leveraging its Swedish roots, it serves European markets while collaborating with major operators in North America. In Asia-Pacific, including China and India, Ericsson capitalizes on rapid market growth through strategic partnerships.

Additionally, it maintains a strong presence in Latin America, Africa, and the Middle East, delivering tailored solutions. This extensive geographical reach underscores Ericsson’s global leadership, driving innovation and shaping connectivity worldwide.

Recent Development

  • In February 2024, Ericsson and TIM Brazil facilitated smooth software upgrades for the 5G user database in the core network, boosting TIM’s operational efficiency and service flexibility while maintaining uninterrupted network operations.
  • In February 2024, Ericsson and Ooredoo Oman signed a five-year partnership to transition and unify the communication service provider’s online charging system to Ericsson Mediation and Charging systems. This move aims to elevate the digital experience for Ooredoo Oman’s customers.


Company Overview

Establishment Year 1984
Headquarter San Jose, California, U.S.
Key Management Chuck Robbins (CEO & Chairman)
Revenue (US$ Bn) $56.9 Billion (2023)
Headcount ~ 84,900 (2023)

About Cisco Systems

Cisco Systems, Inc. is a leading player in telecommunications and has a strong presence in the telecom cloud industry.

Offering a wide range of cloud-based solutions tailored for telecom operators, businesses, and consumers, Cisco specializes in IaaS, PaaS, and SaaS. With expertise in NFV, SD-WAN, and multi-cloud solutions, Cisco improves network efficiency, flexibility, and scalability.

Moreover, Cisco ensures robust security measures to protect cloud data and infrastructure, solidifying its position as a significant player in the telecom cloud market.

Geographical Presence

Cisco Systems, Inc., headquartered in San Jose, California, has a widespread geographical presence across North America, Europe, Asia Pacific, Latin America, and the Middle East.

With significant operations in major cities like New York and London, Cisco strategically serves a diverse clientele in these regions. In Asia Pacific, it operates in countries such as China and Japan, capitalizing on growing technology markets.

Similarly, Cisco has a strong foothold in Latin America, including Brazil and Mexico, and extends its reach into the Middle East and Africa. This extensive presence enables Cisco to engage with local partners and customers while seizing emerging opportunities globally.

Recent Development

  • In June 2023, Cisco and AT&T launched solutions to enhance connectivity and communication in hybrid workplaces. By integrating Cisco’s Webex Calling and SD-WAN solutions with AT&T’s mobile network, businesses can offer employees a smooth, secure, and dependable experience across various work environments.
  • In October 2021, Cisco revealed a sneak peek of its upcoming hybrid work collaboration tool, Webex Hologram. It’s the sole real-time meeting solution in the industry that utilizes augmented reality headsets to merge advanced Webex meeting features with immersive 3D holograms.


Company Overview

Establishment Year 1865
Headquarter Espoo, Finland
Key Management Sari Baldauf (Chairwoman)
Revenue (US$ Bn) $24.1 B (2023)
Headcount ~ 86,689 (2023)

About Nokia Corporation

Nokia Corporation, a Finnish telecommunications leader, has strategically positioned itself in the telecom cloud industry, offering a comprehensive suite of products and services, including cloud infrastructure, software-defined networking, 5G solutions, and automation.

Nokia maintains its market position through innovation and strategic partnerships despite fierce competition.

With increasing demand for advanced connectivity solutions and ongoing digital transformation, Nokia is poised for continued growth, shaping the future of telecommunications globally.

Geographical Presence

Nokia Corporation, a leading telecommunications and technology firm, boasts a global presence with headquarters in Espoo, Finland.

It operates offices, research facilities, and manufacturing sites across Europe, North America, Asia-Pacific, the Middle East, Africa, and Latin America.

Leveraging expertise in key markets like Europe and North America and emerging regions like Asia-Pacific and Latin America, Nokia continues expanding its global footprint through strategic investments and operational excellence, driving sustainable growth worldwide.

Recent Developments

  • In February 2024, Nokia and Telecom Argentina joined forces to empower new developer-driven applications for Latin American consumers, enterprises, and industries. The collaboration utilizes Nokia’s Network as a Code platform with a developer portal to bolster the GSMA’s Open Gateway ecosystem for regional network operations.
  • In February 2024, Nokia announced its Cloud RAN solution would debut commercially in 2024 after successful global trials with webscale companies, hardware vendors, and chipset manufacturers.


Company Overview

Establishment Year 1911
Headquarter Armonk, New York, United States
Key Management Arvind Krishna (Chairman & CEO)
Revenue (US$ Bn) $ 60.5 Billion (2022)
Headcount ~ 288,300 (2022)

About IBM Corporation

IBM Corporation offers customized cloud solutions for operators, enterprises, and consumers. Their services include Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS), providing on-demand access to computing resources and applications.

IBM specializes in Network Function Virtualization (NFV) and Software-Defined Networking (SDN) to streamline network management and deployment.

Additionally, their investment in edge computing infrastructure supports latency-sensitive applications and enhances user experiences. With robust security measures, IBM ensures cloud data protection and regulatory compliance.

Geographical Presence

IBM Corporation has a global presence across North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa. In North America, key offices are in cities such as New York City, Chicago, Toronto, and Ottawa.

IBM’s presence in Europe includes major cities like London, Paris, and Frankfurt. Technology hubs such as Tokyo and Bangalore host IBM offices in the Asia-Pacific region. Latin American countries like Brazil and Mexico also benefit from IBM’s influence, while cities like Dubai and Johannesburg are in the Middle East and Africa.

Recent Developments

  • In November 2023, IBM revealed a significant transformation of its leading IBM QRadar SIEM product, redesigned on a new cloud-native architecture tailored for hybrid cloud scalability, speed, and adaptability. Additionally, IBM intended to integrate generative AI capabilities into its threat detection and response offerings, utilizing Watsonx, the enterprise-ready data and AI platform.
  • In July 2023, IBM introduced a novel tool to aid enterprises in monitoring greenhouse gas (GHG) emissions across cloud services, facilitating the enhancement of sustainability practices throughout their hybrid and multi-cloud endeavors.


Company Overview

Establishment Year 1977
Headquarter Austin, Texas, United States
Key Management Safra Catz (CEO)
Revenue (US$ Bn) $ 49.9 Billion (2023)
Headcount ~ 164,000 (2023)

About Oracle Corporation

Oracle Corporation is a significant player in the telecommunications sector, offering tailored solutions for the telecom cloud industry. The company provides a comprehensive suite of cloud-based services to meet telecom operators’, enterprises’, and consumers’ unique needs.

Oracle’s offerings include Oracle Cloud Infrastructure (OCI), communications solutions, data management solutions, and security solutions.

With a focus on enhancing network efficiency, agility, and scalability, Oracle enables telecom operators to deploy and manage their networks more efficiently and cost-effectively while ensuring the security and reliability of their operations.

Geographical Presence

Oracle Corporation, a global technology leader, maintains a significant presence worldwide. Headquartered in Redwood City, California, Oracle operates in North America, Europe, the Middle East, Africa, Asia Pacific, and Latin America.

With offices strategically located in major cities like London, Tokyo, São Paulo, and Singapore, Oracle caters to diverse business needs and taps into thriving economies across the globe.

Recent Developments

  • In December 2023, Oracle and General Dynamics teamed up to modernize the electronic health record (EHR) system of the Indian Health Service (IHS).
  • In December 2023, Oracle, in collaboration with Claro, launched an Oracle Cloud Region in Colombia, marking the first instance of a primary cloud provider establishing a public cloud region in the country.


Company Overview

Establishment Year 1975
Headquarter Redmond, Washington, U.S.
Key Management Satya Nadella (Chairman & CEO)
Revenue (US$ Bn) $ 211.9 Billion (2023)
Headcount ~ 238,000 (2023)

About Microsoft Corporation

Microsoft Corporation is a significant player in the telecommunications sector, offering a comprehensive suite of cloud-based solutions tailored for the telecom cloud industry.

Their offerings include Microsoft Azure for cloud infrastructure, Microsoft Teams for collaboration, Azure IoT for Internet of Things solutions, and Azure Security Center for advanced threat protection.

With a focus on enhancing network efficiency, agility, and scalability, Microsoft enables telecom operators to leverage scalable and reliable cloud resources for their operations while ensuring the security and reliability of their services.

Geographical Presence

Microsoft Corporation maintains a robust global presence, offering its products and services worldwide from its headquarters in Redmond, Washington, USA.

While focusing primarily on North America, including the United States and Canada, Microsoft also has significant operations in major European countries like the United Kingdom, Germany, and France.

The company is expanding its reach in the Asia-Pacific region, encompassing China, India, Australia, and Japan. In Latin America, nations like Brazil, Mexico, Argentina, and Chile benefit from Microsoft’s technology offerings.

Additionally, Microsoft contributes to technological advancements across various African and Middle Eastern countries. This extensive global reach solidifies Microsoft’s position as a leading provider of software, cloud services, and technology solutions on a worldwide scale.

Recent Development

  • In March 2024, Veeam launched a managed Data Cloud service using acquired Cirrus BaaS software on Azure to protect Microsoft services.
  • In February 2024, Microsoft unveiled a partnership with Mistral to make its language models accessible on Microsoft’s Azure AI platform.


Company Overview

Establishment Year 1998
Headquarter Mountain View, California, U.S.
Key Management Sundar Pichai (CEO)
Revenue (US$ Bn) $ 279.8 Billion (2022)
Headcount ~ 178,234 (2022)

About Google

Google LLC is a significant player in the telecommunications sector, offering a comprehensive suite of cloud-based solutions tailored for the telecom cloud industry.

Google Cloud Platform (GCP) provides diverse services to enhance network efficiency, agility, and scalability. These offerings include computing, storage, networking services, and specialized solutions like Google Meet for video conferencing and Google Cloud IoT Core for managing IoT devices.

With a focus on security, Google Cloud Security offers advanced threat protection for cloud workloads. Overall, Google’s expertise in cloud computing, collaboration, IoT, and security positions it as a critical provider of telecom cloud solutions.

Geographical Presence

Google LLC, the multinational technology giant, maintains a robust global presence with offices, data centers, and facilities strategically positioned across continents.

In North America, it has established multiple offices in tech hubs like Silicon Valley, New York City, and Seattle, alongside research and development centers and cloud computing facilities. Europe hosts significant Google offices in cities such as London, Dublin, Zurich, and Munich, supporting various functions, including sales and engineering.

In the Asia-Pacific region, Google operates in key cities like Tokyo, Singapore, and Sydney, focusing on advertising, cloud services, and product development. Emerging markets in Latin America, Africa, and the Middle East also see Google’s footprint expanding, with offices in cities like São Paulo, Lagos, and Dubai.

Recent Developments

  • In March 2024, UiPath and Google Cloud announced an enhanced collaboration to broaden customers’ capacity to modernize their businesses using automation driven by artificial intelligence (AI).
  • In February 2024, Stack Overflow and Google Cloud formed a strategic partnership to introduce next-generation AI-powered features to developers via the Google Cloud Console, Stack Overflow platform, and Gemini for Google Cloud.


Company Overview

Establishment Year 1987
Headquarter Shenzhen, China
Key Management Ren Zhengfei (CEO)
Revenue (US$ Bn) $ 99 Billion (2023)
Headcount ~ 207,000 (2023)

About Huawei Technologies

Huawei Technologies Co., Ltd. is a prominent figure in the telecommunications industry, offering tailored solutions for the telecom cloud sector. With a comprehensive suite of cloud-based services, Huawei caters to the unique requirements of telecom operators, enterprises, and consumers.

Their offerings include Huawei Cloud for robust infrastructure support, cloud-based core network solutions, diverse applications, and comprehensive security measures.

Leveraging cloud computing and telecommunications expertise, Huawei delivers innovative solutions to enhance network efficiency, agility, and scalability for telecom operators globally.

Geographical Presence

Huawei Technologies Co., Ltd. maintains a significant global presence, with headquarters in Shenzhen, China. The company operates in key cities across North America, Europe, Asia-Pacific, Latin America, and the Middle East. It is in North America in cities like San Francisco and Dallas.

In Europe, cities such as London and Paris host Huawei’s operations, while Singapore, Tokyo, and Seoul serve as crucial hubs in the Asia-Pacific region.

Latin American countries like Brazil and Mexico also benefit from Huawei’s presence, as do cities like Dubai and Riyadh in the Middle East. Overall, Huawei’s widespread reach solidifies its position as a global leader in the telecommunications industry.

Recent Developments

  • In February 2024, Huawei introduced four Net5.5G Intelligent Cloud-Network solutions tailored for the modern era, suitable for diverse industries to expedite their intelligent evolution and enhance digital efficiency.
  • In February 2024, Huawei-Pakistan revealed its newest cloud platform, representing a substantial advancement in AI and cloud technology integration.

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