Telco Cloud Infrastructure Software Market to Grow to $27 Billion in 2027 as Telcos' Cloud-Native Journeys Accelerate, Says IDC
IDC forecasts worldwide revenue for telco cloud infrastructure software, including virtual network functions (VNFs), cloud-native network functions (CNFs), and network functions virtualization infrastructure (NFVI), across four market subsegments (core transport, mobile infrastructure, mobile backhaul, access networks and virtual CPE), will grow from $12.9 billion in 2022 to $27.3 billion in 2027.
- IDC forecasts worldwide revenue for telco cloud infrastructure software, including virtual network functions (VNFs), cloud-native network functions (CNFs), and network functions virtualization infrastructure (NFVI), across four market subsegments (core transport, mobile infrastructure, mobile backhaul, access networks and virtual CPE), will grow from $12.9 billion in 2022 to $27.3 billion in 2027.
- In making this year's forecast, IDC has accounted for the recent emergence and growing initiative to deploy cloud-native, container-based telco workloads across the telco cloud.
- The IDC report, Worldwide Telco Cloud Infrastructure Software (NFVI, VNF, and CNF) Forecast, 2022-2027 (IDC #US50087723), presents the worldwide market forecast for the telco cloud infrastructure software (VNF/CNF and NFVI) for the 2022–2027 period.
- The report also provides a market overview, including drivers and challenges for communications service providers and advice for technology suppliers.