Global Telco Cloud Revenue to Grow to $29.3B by 2025: ABI

Global telco cloud revenue will grow to $29.3 billion by 2025, primarily driven by investments in virtual network functions, management and network orchestration, as well as cloud native functions, ABI Research reported Tuesday. 5G network slicing is positioned to create $8.9 billion by 2026, a "drop in the bucket" for communication service provider service revenue, said analyst Don Alusha. "The jury is still out who captures what parts of the bigger emerging 5G edge and network slicing ecosystem."