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AI and Cloud Tech Set to Propel Telco Network Spending to $24.8B by 2030
Global spending on telco network cloud infrastructure is expected to rise to $24.8 billion by 2030, driven by advancements in "cloud computing" and "artificial intelligence".
- According to Omdias Telco Network Cloud Market Tracker, spending will increase from $17.4 billion in 2025 to $24.8 billion by 2030, reflecting a "compound annual growth rate" of 7.3%.
- The growth in spending is attributed to the rising adoption of "cloud-native computing" and "automation" technologies among major "telephone companies" worldwide.
- Investment in "software" and "containerization" strategies is set to enhance network capabilities, thereby supporting the transformation of telco operations through advanced "cloud computing" solutions.
Why It Matters
This growth signifies a major shift in the telecommunications industry, highlighting the importance of technological innovation in enhancing network efficiency and service delivery, which ultimately impacts consumers and businesses alike.