Hampshire, UK – 6th August 2024: A new study by Juniper Research, the foremost experts in telecommunications markets, has found that the volume of cellular data serviced by the cloud will grow from 700,000 PB in 2024 to 2.8 million PB in 2028, as operators deploy cloud infrastructure to improve network efficiency.
This expansion in cloud infrastructure will enable dynamic resource provisioning; allowing operators to increase the reliability of their 5G network services. This will allow operators to redistribute network resources to areas under strain; preventing network congestion.
Dynamic resource provisioning is the process of distributing telecommunications network resources in near-real-time.
An extract from the new report, Global Telecommunications Cloud Strategies Market 2024-2028, is now available as a free download.
Cloud-based Dynamic Resource Provisioning
The transition to cloud-based 5G networks is key to enabling dynamic resource provisioning; allowing operators to easily reallocate computing resources for network functions. This automation will enable operators to provision network resources in near-real time, due to the efficiency and speed provided.
The report urges operators to integrate automated dynamic resource provisioning with other forms of network automation and resource management, to ensure a unified approach. This will be critical to maximising network efficiency and performance, as it prevents a chaotic collection of network resource management strategies and software.
Energy and Smart Cities – Key for Early Monetisation
The report identified energy and smart cities as key market verticals for cloud-based 5G network service monetisation. Reliability is essential in these market verticals, due to their role as critical infrastructure, and operators must exploit this requirement by charging a premium to service providers.
Research author Alex Webb remarked: “To charge a premium, operators must couple increased reliability with improved latency and throughput; providing prioritised network slices to connections where possible.”
About the Research
The new research suite offers the most comprehensive assessment of the telecommunications cloud market to date, including insightful market analysis, a Competitor Leaderboard, and in-depth forecasts for 60 countries. The dataset contains almost 11,000 market statistics over a five-year period.
Juniper Research has, for two decades, provided market intelligence and advisory services to the global telecommunications sector, and is retained by many of the world’s leading network operators and communications platforms.
Contact Sam Smith, Press Relations
T: +44(0)1256 830002
E: sam.smith@juniperresearch.com
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