According to Verified Market Research, the telecom cloud market is expected to generate a revenue of US$258.99 billion by 2032, in part due to high hybrid cloud adoption, continued demand for AI-driven network automation and edge computing.
Its report, Telecom Cloud Market Size and Forecast, suggested the telecom cloud landscape will continue to evolve rapidly, growing at a CAGR of 22.67% from 2026 to 2032. The market was valued at $50.51 billion in 2024.
Notably, the surge in 5G deployment and continued adoption of cloud services by the telecommunications industry is behind the predicted surge in revenue. As enterprises transition towards digital-first strategies, the report found cloud computing is becoming the “backbone” of next-generation telecom infrastructure.
