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Telecom Cloud Market to Grow by USD 63.68 Billion (2024-2028), Enterprise Mobility Drives Revenue, Report Highlights AI’s Role in Market Evolution – Technavio

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NEW YORK, Dec. 5, 2024 /PRNewswire/ — Report with market evolution powered by AI – The global telecom cloud market  size is estimated to grow by USD 63.68 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  29.7%  during the forecast period. Rising enterprise mobility and need to improve efficiency is driving market growth, with a trend towards rising telecom dependence after covid-19. However, stringent regulatory compliance  poses a challenge. Key market players include Alphabet Inc., Amazon.com Inc., AT and T Inc., BT Group Plc, Cisco Systems Inc., Dell Technologies Inc., Deutsche Telekom AG, Etisalat, Fortinet Inc., Huawei Technologies Co. Ltd., International Business Machines Corp., Juniper Networks Inc., Mavenir Systems Inc., Microsoft Corp., Nokia Corp., Oracle Corp., Orange SA, Telstra Corp. Ltd., Verizon, and VMware Inc..

AI-Powered Market Evolution Insights. Our comprehensive market report ready with the latest trends, growth opportunities, and strategic analysis- View Free Sample Report PDF

Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Deployment (Public, Private, and Hybrid), End-user (Large enterprises and Small and medium enterprises), and Geography (North America, Europe, APAC, South America, and Middle East and Africa)

Region Covered

North America, Europe, APAC, South America, and Middle East and Africa

Key companies profiled

Alphabet Inc., Amazon.com Inc., AT and T Inc., BT Group Plc, Cisco Systems Inc., Dell Technologies Inc., Deutsche Telekom AG, Etisalat, Fortinet Inc., Huawei Technologies Co. Ltd., International Business Machines Corp., Juniper Networks Inc., Mavenir Systems Inc., Microsoft Corp., Nokia Corp., Oracle Corp., Orange SA, Telstra Corp. Ltd., Verizon, and VMware Inc.

Key Market Trends Fueling Growth

Telecom cloud market is witnessing significant trends with the adoption of Software-Defined Networking (SDN) and Network Function Virtualization (NFV) for 5G rollout. SDN and NFV enable telecom operators to offer cloud-native, open-source solutions with independent lifecycles and system immutability. SMEs and public enterprises are increasingly demanding private cloud services for industrial operations and organizational work. TM Forum, Microsoft Azure, Google Cloud, Tech Mahindra, and other service providers are offering communications cloud services to meet this demand. 5G technology brings lower latency and higher speed capabilities, driving the need for cloud services for mobile users. Cyber threats and data security are major concerns, with service providers focusing on data security and cybersecurity. Multi-cloud computing and cloud-based technologies are also gaining popularity, with Amazon Web Services (AWS) for Telecom and offerings from Cisco Telco Cloud, Microsoft Cloud, Open Telekom Cloud, and others. The trend towards automation, orchestration, and virtualized network infrastructure continues, with the adoption of artificial intelligence and cloud business strategies driving digital transformation. Digital media behemoths like Netflix and YouTube are driving network congestion, highlighting the importance of service automation and scalability. CapEx and OpEx considerations, B2B solutions, and 5G network installations are also key factors influencing the telecom cloud market. 

The COVID-19 pandemic led to a significant increase in the use of telecommunications for work and education from home. This demand put pressure on telecommunications infrastructure and services. Consequently, the need for telco cloud applications grew as telcos and communication providers sought to manage network traffic and maintain quality of service during peak usage. With the continuing trend of remote work post-pandemic, the importance of cloud-based telco solutions is expected to remain high. 

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Market Challenges

•         Telecom Cloud Market: Overcoming Challenges with SDN, NFV, 5G, IoT, and More The Telecom Cloud Market faces several challenges as businesses and mobile users demand more cloud services, especially with the rollout of 5G technology. Service providers must address the adoption of Software-Defined Networking (SDN) and Network Function Virtualization (NFV) to build virtualized network infrastructure and enable automation and orchestration. SMEs and public enterprises require cloud services to support industrial operations and organizational work, leading in demand for private cloud solutions. Telecom operators face cyber threats, including inside threats and network congestion, necessitating data security and cybersecurity measures. 5G technology offers low latency and higher speed capabilities, making it crucial for cloud communication. Cloud-native technologies, open-source software, and system immutability are essential for independent lifecycles and scalability. Cloud business strategies, digital transformation, and multi-cloud computing are key trends, with Amazon Web Services (AWS), Microsoft Azure, Google Cloud, Tech Mahindra, and other service providers offering solutions. Service providers must ensure data consumption, CapEx and OpEx management, B2B solutions, and 5G network installations while addressing cybersecurity concerns. Digital media behemoths like Netflix and YouTube add to network traffic, necessitating service automation and the ability to handle over-the-top cloud services. Telecom operators must navigate these challenges to meet the evolving needs of their customers.

•         Telecom cloud services must adhere to multiple regulations and standards, ensuring compliance with data privacy, security, and consumer protection. Regulations such as the General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA) necessitate obtaining user consent before collecting and utilizing data, as well as implementing security measures. Telecom cloud providers must secure their networks against cyber threats, including hacking and malware. Compliance with industry standards, like the Payment Card Industry Data Security Standard (PCI DSS), is also mandatory.

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Segment Overview 

This telecom cloud market report extensively covers market segmentation by

Deployment 1.1 Public1.2 Private1.3 HybridEnd-user 2.1 Large enterprises2.2 Small and medium enterprisesGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 Public-  The public segment dominates the global telecom cloud market, accounting for the largest market share in 2023. This growth can be attributed to the cost-effectiveness and scalability of public cloud services. Telecom companies can align their operating expenses with actual usage through pay-as-you-go pricing models, eliminating the need for substantial upfront investments in hardware and software. Public cloud platforms are vital for telecom firms undergoing digital transformation. They offer the infrastructure and tools for adopting cloud-native applications, data analytics, artificial intelligence, and IoT. Modernizing legacy systems and enhancing agility enable telecom companies to improve customer experiences. Security concerns are being addressed with advancements in cloud security, including encryption, access controls, and compliance certifications. These factors will drive the growth of the public segment of the global telecom cloud market during the forecast period.

Download complimentary Sample Report to gain insights into AI’s impact on market dynamics, emerging trends, and future opportunities- including forecast (2024-2028) and historic data (2018 – 2022) 

Research Analysis

The Telecom Cloud Market is experiencing rapid growth as Communications Service Providers (CSPs) embrace 5G technology and digital transformation. Cloud services, including Microsoft Azure, Google Cloud, and Microsoft Cloud, are becoming essential for telecoms to offer scalability and flexibility to Small and Medium Enterprises (SMEs). Artificial intelligence (AI) and automation are key drivers, enabling network function virtualization and software-defined networking. Data security and cybersecurity are top priorities, with cloud-native technologies providing solutions. The Internet of Things (IoT) and Platform-as-a-Service (PaaS) are also transforming the industry, allowing for multi-cloud computing and cloud-based technologies to address network congestion and deliver digital media content from digital entertainment giants. Virtualized network infrastructure and programmable network infrastructure are crucial components of this evolution, ensuring network performance and agility.

Market Research Overview

The Telecom Cloud Market is experiencing significant growth as businesses and telecommunication operators embrace SDN and NFV technologies to build communications clouds for 5G and IoT applications. SMEs and public enterprises are adopting cloud services, including over-the-top cloud offerings, for their industrial operations and organizational work. TM Forum, Microsoft Azure, Google Cloud, and other service providers are leading the charge with their innovative offerings, such as Azure Operator Nexus, Open Telekom Cloud, Cisco Telco Cloud, and AWS for Telecom. 5G technology’s low latency and higher speed capabilities are driving demand for cloud communication solutions, while cyber threats and data security concerns persist. Cloud-native technologies, such as open-source software, offer system immutability and independent lifecycles. The 5G rollout and the need for scalability and flexibility are key adoption drivers. Service providers must address inside threats and ensure data security and cybersecurity to meet businesses’ needs. Desktop virtualization, automation, orchestration, virtualized network infrastructure, and programmable network infrastructure are essential components of cloud business strategies. Digital transformation, data consumption, and multi-cloud computing are shaping the future of telecom cloud demand. CapEx and OpEx considerations, B2B solutions, and 5G network installations are also critical factors. Digital media behemoths, such as Netflix and YouTube, are contributing to network congestion, further emphasizing the importance of cloud-based technologies.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

DeploymentPublicPrivateHybridEnd-userLarge EnterprisesSmall And Medium EnterprisesGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Lexmark Showcases New Printers and Technology Solutions for Retailers at NRF 2025

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NEW YORK, Jan. 12, 2025 /PRNewswire/ — Lexmark, a global imaging and IoT solutions leader, will showcase its cutting-edge, retail-ready printers and solutions at NRF 2025, Retail’s Big Show and Expo, Jan. 12 to 14, at the Jacob K. Javits Center in New York. The Lexmark showcase will be in booth #6321.

“Lexmark kicks off the year with a bang by showcasing our latest 9-Series family of A3 printers and MFPs at NRF for the first time,” said Tim Speller, Lexmark’s head of retail and manufacturing. “These sophisticated devices will usher in a new era of opportunity for retailers to maximize operational efficiency while increasing sales.”

Here’s what will be on display in Lexmark booth #6321:

New Lexmark 9-Series printers and MFPs are designed for challenging retail environments

Built by evolving Lexmark’s renowned A4 technology, the 9-Series delivers versatility, simplicity and sustainability. These solutions are easy to use and manage – perfect for any retail salesfloor or back office.

Key highlights of 9-Series:

Versatile and easy to use. The 9-Series offers a broad range of media size support (A6 to SRA3), high-volume duty cycles, a common set of modular paper-handling options, finishing capabilities and professional color features including PANTONE® calibration.Simple and easy to manage. The 9-Series’ intuitive interface streamlines workflows by providing simple instructions and prompts. For routine maintenance, toner cartridges can be replaced with one hand, easily understood visual cues are displayed, and serviceable areas are easy to access and identify.Sustainable and easy to feel good about. The 9-Series’ total post-consumer recycled (PCR) content is 56% by weight for all base-model MFPs and 73% by weight for the line’s base-model printer, based on IEEE calculation procedures. *Built to last. The 9-Series is designed and built to last seven years or more. Having few components helps reduce the likelihood of technical failure while also minimizing the service time required for repairs and maintenance. Experienced technicians can perform most common service actions, even highly complex tasks, in less than 15 minutes, according to Lexmark testing.

Lexmark Engagement Automation Platform (LEAP) helps retailers drive sales and foot traffic with hyper-local social media ads

LEAP automates one-to-one promotions that drive footfall to local stores. Store leaders can trigger hyper-personalized sale posts and boost ads based on individual store inventory conditions through loyalty program apps and social media platforms like Facebook and Instagram. With advanced analytics and reporting capabilities, LEAP provides the insights needed to measure success and make data-driven decisions.

Key highlights of LEAP:

Engagement: To engage shoppers, center promotions around customer buying patterns with an engagement automation platform that posts localized content – such as store-specific offers, events and locally grown produce initiatives.

Automation: Schedule and manage automatic localization and delivery of corporate promotional messaging with an engagement automation platform to reach consumers through social media with hyper-local content around each store or audience region.

Loyalty: Attract local customers with an engagement automation platform that sends store- and corporate-initiated offers to geo-fenced social media apps like Facebook and Instagram and loyalty program applications.

Supporting resources

Learn more about Lexmark’s booth at NRF 2025.

Read Lexmark’s NRF blog.

Schedule a booth meeting with our retail experts during NRF 2025.

Get more details about the Lexmark 9-Series.

Get more details about the Lexmark Engagement Automation Platform (LEAP).

Watch a video about LEAP.

Get the details on NRF 2025.

Follow us on LinkedIn for live NRF updates.

About Lexmark

Lexmark creates cloud-enabled imaging and IoT technologies that help customers worldwide quickly realize business outcomes. Through a powerful combination of proven technologies and deep industry expertise, Lexmark accelerates business transformation, turning information into insights, data into decisions, and analytics into action.

Lexmark and the Lexmark logo are trademarks of Lexmark International, Inc., registered in the United States and/or other countries. All other trademarks are property of their respective owners.

* PCR content measured in accordance with IEEE Std 1680.2a™ – 2017 Standard for Environmental Assessment of Imaging Equipment – Amendment 1 — which is the standard used by EPEAT.

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SOURCE Lexmark

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Pricer and Focal Systems Announce Strategic Collaboration to Drive the Next Step in Physical Store Digitalization

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Pricer, a global leader in digital shelf-edge solutions, and Focal Systems, a leader in shelf-edge AI, today announced a strategic collaboration to accelerate the digitization and optimization of the physical store for retailers worldwide.

STOCKHOLM, Jan. 12, 2025 /PRNewswire/ — This collaboration brings together Pricer’s innovations in dynamic pricing and shelf-edge communication with Focal Systems’ advanced computer vision and product availability solutions to maximize shopper satisfaction while optimizing retail operations.

As a pioneer in enabling dynamic pricing and digitizing shelf-edge shopper communication, Pricer has led the first step of the retail digitalization journey. Focal Systems has pioneered the application of computer vision to digitizing what products are available on-shelf or not in near real-time. Together, Pricer and Focal Systems will empower retailers to improve labor efficiency, reduce out-of-stocks, increase sales, and enhance shopper satisfaction like never before.

Enhancing the Shelf Edge Through Collaboration

By integrating Focal Systems’ AI-powered shelf vision cameras with Pricer’s leading electronic shelf label (ESL) platform, retailers will benefit from:

Real-Time Shelf Insights: Automated detection and alerting of out-of-stock or low items powering rapid replenishment and increased shopper satisfactionDynamic Task Automation: Streamlined workflows and prioritized tasks to improve operational efficiency for store staff.Patented Innovation: Camera-based out of stock detection and communication, flashing ESLs, alternate location communication.Seamless Integration: Standardized API connections that deliver out-of-the-box value, offering synchronized ESL flashes, messaging updates, and shelf-edge intelligence.

Together, Pricer and Focal Systems demonstrate that the combined offerings deliver measurable value for the retailers by enabling a fully digitalized shelf-edge ecosystem.

Strategic Collaboration for the Future of Retail

“We are proud to combine our leadership in ESL technology with Focal Systems’ AI-powered shelf vision,” said Chris Chalkitis, CDO at Pricer. “Both companies share a belief in the digitalization of the physical store. Pricer has been a pioneer in dynamic pricing and shelf-edge communication. With Focal Systems, we take the next step, digitizing what’s on the shelf – and what’s not – to drive greater efficiency and performance for retailers.”

Focal Systems’ AI technology transforms retail operations through real-time shelf monitoring and replenishment task optimization.

“Partnering with Pricer, a global leader with groundbreaking ESL technology and innovation, creates tremendous value for retailers,” said Kevin H. Johnson, CEO at Focal Systems. “Together, we deliver an integrated, data-driven solution that reduces operational complexity, automates workflows, and enhances the in-store experience. We look forward to demonstrating this powerful collaboration to retailers and their customers.”

Showcasing the Future at NRF 2025

The collaboration will officially debut at the National Retail Federation (NRF) Big Show in January 2025, where Pricer and Focal Systems will showcase the integrated solution at Pricer’s booth. This marks the beginning of an exciting journey to redefine the shelf edge and set new standards for retail innovation.

For further information, please contact:
Chris Chalkitis, Chief Digital Officer, +46 70 4849812
Finn Wikander, Chief Product Officer, +46 705 233077
info@pricer.com

About Pricer

Pricer is a leading global provider of digital shelf-edge solutions, helping retailers optimize pricing, improve operational efficiency, and enhance the customer experience. With patented innovations like camera-based product identification by ESL, Pricer continues to set the standard for dynamic, intelligent shelf-edge solutions. For more information, visit www.pricer.com.

About Focal Systems

Focal Systems is a leading provider of AI-powered computer vision solutions, helping retailers automate operations and optimize product availability through real-time shelf monitoring. Its advanced technology delivers actionable insights that drive efficiency and profitability. For more information, visit www.focal.systems.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/pricer/r/pricer-and-focal-systems-announce-strategic-collaboration-to-drive-the-next-step-in-physical-store-d,c4090287

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Blue Owl Capital Expands Tennis Player Sponsorship to All Grand Slam Tournaments in 2025

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Blue Owl to place logo patches on dozens of athletes competing across the Australian Open,
French Open, Wimbledon, and US Open

Jordan Thompson named as Blue Owl’s dedicated athlete ambassador for the Australian Open

NEW YORK, Jan. 12, 2025 /PRNewswire/ — Blue Owl Capital Inc. (“Blue Owl”) (NYSE: OWL), a leading alternative asset manager, announced today a marquee sponsorship agreement to expand their presence at all Grand Slam tournaments in 2025 and become the exclusive financial services partner for professional tennis’ Player Patch Program.

Blue Owl’s logo will be featured on the shirt of select players competing across men’s singles, women’s singles, mixed doubles, men’s doubles and women’s doubles competitions at this year’s Australian Open, French Open, Wimbledon, and US Open tournaments. In addition to Blue Owl’s presence on the courts, the firm will be featured in iconic Melbourne transit hubs, social media and digital media during the Australian Open in an effort to raise brand awareness within the country and the broader APAC market.

Blue Owl Chief Marketing Officer Suzanne Escousse said, “Just as Blue Owl is redefining alternative investing, we are supporting established and emerging professional players who are redefining the game of tennis. Tennis is a truly worldwide sport requiring peak performance in critical, high-pressure moments. This is the same ethos that underpins Blue Owl and allows us to focus on delivering results for our international client base. Following the success of our involvement with the Patch Program at the 2024 US Open, and given Blue Owl’s established presence within the country, Australia is the perfect place to kick off our presence across Grand Slam tournaments.”

Blue Owl has also partnered with Australian tennis professional Jordan Thompson, who will serve as the firm’s Athlete Ambassador at the 2025 Australian Open – January 12-26 in Melbourne. Most recently, Thompson won the men’s doubles at the 2024 US Open, where he was wearing a Blue Owl patch, and was a men’s doubles finalist at Wimbledon in 2024. He has also registered victories over several top-10-ranked opponents in singles competitions and previously represented Australia at the Olympics and the Davis Cup. Thompson will be one of several competitors wearing Blue Owl’s logo throughout the tournament.

Jordan Thompson said: “Blue Owl is focused on delivering excellence for its clients, which makes it a great fit for a partnership with professional tennis players. Support from firms like Blue Owl is tremendously beneficial for players who are preparing for career-defining events, especially the four Grand Slams. Our shared core values, including striving for success in every step of our journeys, whether that be in the financial services industry or competing as a professional athlete, is a perfect match. Alongside my coaches, my doubles teammate(s) and tennis fans, Blue Owl will play a key role for me here in Melbourne at the 2025 Australian Open.”

About Blue Owl

Blue Owl (NYSE: OWL) is a leading asset manager that is redefining alternatives.

With $235 billion in assets under management as of September 30, 2024, we invest across three multi-strategy platforms: Credit, GP Strategic Capital, and Real Estate. Anchored by a strong permanent capital base, we provide businesses with private capital solutions to drive long-term growth and offer institutional investors, individual investors, and insurance companies differentiated alternative investment opportunities that aim to deliver strong performance, risk-adjusted returns, and capital preservation.

Together with over 1,050 experienced professionals, Blue Owl brings the vision and discipline to create the exceptional. To learn more, visit www.blueowl.com.

Media Contact

Nick Theccanat
Principal, Corporate Communications & Government Affairs
Nick.Theccanat@blueowl.com

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SOURCE Blue Owl Capital

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