Most telecom providers are still leaning on virtualized network workloads rather than fully cloud-native infrastructure, but 2024 could be a turning point, according to a new analyst report.
IDC expects that cloud-native deployment of telecommunications network works will accelerate this year, across the core transport, mobile infrastructure, mobile backhaul, access networks and customer premise equipment (CPE) segments.
Global revenue for telco cloud infrastructure software—encompassing virtual network functions (VNF), cloud-native network functions (CNF) and network functions virtualization infrastructure—will see more than a compound annual growth rate of more than 16%, IDC said, growing from $12.9 billion in 2022 to $27.3 billion in 2027.
