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A new study carried out by telecommunications experts Juniper Research has projected that operators will deploy over $200 billion worldwide in cloud network services within the next four years to meet the rising demand for cellular data. The study anticipates an investment of $26 billion in cloud services in the year 2024, with the spending expected to escalate to $65 billion by 2028.
Telecommunications cloud refers to the incorporation of cloud technology, services, and architectures into operator core networks. This centralisation allows operators to formulate automated network management systems as per the study. An extract from the report, dubbed 'Global Telecommunications Cloud Strategies Market 2024-2028' is now obtainable for a free download.
Key to this automation process will be machine learning that will allow real-time traffic analysis; enabling automatic adaptations to network resources in response to unanticipated traffic patterns. Sudden increases in cellular data on operator networks can cause congestion; real-time traffic analysis will consequently ensure the safeguarding of the service's quality.
The study predicts substantial growth in cellular data in the next four years, driven by the emerging 5G networks and the cloud-native 6G networks. These are expected to result in a 110% increase, with key contributors being data-intensive IoT use cases such as automated manufacturing and vehicle infotainment systems. To manage this sizable surge in cellular data, operators will need to leverage cloud-based network management systems to maxi4mize automation of network resources management both in real-time and on a granular level.
According to the report, cloud technologies will be critical in aiding operators to achieve sustainability targets. Operators will employ machine learning to automate network management, decreasing power to network components during periods of low user demand.
Alex Webb, the Research Author, expressed that telecommunication networks are becoming more complicated and increasingly require automated network management systems. However, he emphasized the necessity for operators to safeguard mission-critical traffic when reducing power, to maintain the quality of service for enterprises.
The new research suite provides the most exhaustive assessment of the telecommunications cloud market currently, including an insightful market analysis, a Competitor Leaderboard, and comprehensive forecasts for 60 countries. The dataset incorporates close to 11,000 market statistics spanning a five-year period.
