Digital Lifescapes

The 5G Core (5GC) mobile network infrastructure is the first to operate solely in the software layer. A new study finds that cloud-native Evolved Packet Core (EPC) functions and 5GC are key drivers for new telecom value creation and growth. With the ongoing adoption of cloud-based packet core networks, it is the first time the telecom industry has relied on the core network to introduce something above and beyond enhanced mobile broadband (eMBB). According to the latest worldwide market study by ABI Research, cloud packet core revenue will grow from $11 billion in 2022 to reach $16 billion in 2027. Telecom Network Cloud Market Development In a modular and increasingly disaggregated ecosystem characterized by vertical and horizontal openness, technology choices for software, hardware, and services that underpin packet core buildouts are fundamental for CSPs to expand existing MBB business and explore new growth opportunities. ABI Research now forecasts that, for MBB, core network applic...

Many organizations will need to accelerate the modernization of IT infrastructure and operations to build a sustainable competitive advantage in the next 2 to 3 years, according to the latest market study by International Data Corporation (IDC). The ability to align to the digital business transformation paradigm is contingent upon investing in next-generation cloud-native IT infrastructure technologies, platforms, and solutions -- also it depends on how CIOs will help transform commercial operations. The rapid proliferation of data-driven edge workloads, the growing number of ransomware and malware attacks, and the growth of structured or unstructured data are creating significant challenges -- IDC says by 2023, most C-Suites will implement business-critical key performance indicators (KPIs). Digital Infrastructure Market Development "The CIO and IT decision-makers will need to do some serious thinking beyond modernizing the technology building blocks and platforms if they truly ...

Modern business communication and collaboration solutions are an essential platform for a distributed workforce. The global COVID-19 pandemic has brought these platforms to the forefront of digital transformation. Together, they'll form a foundation for many 'digital workspace' deployments. These multifaceted offerings aren't deployed because they're the best technology. They're used to drive meaningful advances in employee productivity, agility, and flexibility that are proven to help achieve desired business outcomes. The Unified Communications & Collaboration (UC&C) market grew 29.2 percent year-over-year and 7.1 percent quarter-over-quarter to reach $13.1 billion in the fourth quarter of 2020 (4Q20), according to the latest worldwide market study by International Data Corporation (IDC). IT vendor revenue growth was also up by an impressive 24.9 percent for the full year of 2020 to reach $47.2 billion. Regardless, not all the IT vendors benefited from...

Incumbent telecom service providers are consumed by the ongoing quest for substantive new revenue opportunities, beyond the delivery of internet access via wired and wireless broadband infrastructure. The leaders have long held the belief that value-added offerings were the key to sustainable growth. Once again, that quest has led them to explore potential upside opportunities within the cloud computing arena. Global telco cloud computing revenue is now forecast to reach $29.3 billion by 2025, up from $8.7 billion in 2020, at a 5-year Compound Annual Growth Rate (CAGR) of 27 percent. That ongoing growth will be driven primarily by cloud infrastructure-related investments, such as Virtual Network Functions (VNFs), Management and Network Orchestration (MANO), and Cloud-Native Functions (CNFs). Telco Cloud Computing Market Development By 2025, the telco cloud computing market will be worth $10 billion in North America, $9 billion in Asia-Pacific (APAC), and $8.2 billion in Europe, accordi...