#Mobile Virtual Network Operator Market
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Virtualized Evolved Packet Core Market Projected to Reach $19.87 Billion by 2031
According to the latest publication from Meticulous Research®, the virtualized evolved packet core (vEPC) market is projected to reach $19.87 billion by 2031, growing at a CAGR of 19.3% from 2024 to 2031. This growth is driven by the significant increase in mobile data traffic volumes and the rising demand for high-speed data services. However, data security risks associated with vEPC infrastructure pose challenges to market growth.
#Virtualized Evolved Packet Core Market#VEPC Market#Mobility Management Entity#Home Subscriber Server#Packet Data Network Gateway#Policy and Charging Rules Function#Mobile Private Network & Mobile Virtual Network Operator (MPN & MVNO)#Long-term Evolution & Voice over Long-term Evolution (LTE & VoLTE)#Telecom Operators#Internet of Things & Machine to Machine
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The global mobile virtual network operator (MVNO) market size reached US$ 78.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 139.8 Billion by 2032, exhibiting a growth rate (CAGR) of 6.4% during 2024-2032.
#Mobile Virtual Network Operator MVNO Market#Mobile Virtual Network Operator MVNO#Mobile Virtual Network Operator#Mobile Virtual Network
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#US Mobile Virtual Network Operator (MVNO) Market Size#US Mobile Virtual Network Operator (MVNO) Market Share#US Mobile Virtual Network Operator (MVNO) Market Trends#US Mobile Virtual Network Operator (MVNO) Market Growth#US Mobile Virtual Network Operator (MVNO) Market Analysis#US Mobile Virtual Network Operator (MVNO) Market Forecast#US Mobile Virtual Network Operator (MVNO) Market Report#US Mobile Virtual Network Operator (MVNO) Industry Report
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#Mobile Virtual Network Operator Market Size#Mobile Virtual Network Operator Market Scope#Mobile Virtual Network Operator Market Trend#Mobile Virtual Network Operator Market Growth
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X has clashed with de Moraes over its reluctance to comply with orders to block users. "Brazil blocks Musk’s X after company refuses to name local representative amid feud with judge"
"The justice said the platform will stay suspended until it complies with his orders, and also set a daily fine of 50,000 reais ($8,900) for people or companies using VPNs to access it."
“When we attempted to defend ourselves in court, Judge de Moraes threatened our Brazilian legal representative with imprisonment. Even after she resigned, he froze all of her bank accounts,” the company wrote.
X has clashed with de Moraes over its reluctance to comply with orders to block users.
The looming shutdown is not unprecedented in Brazil.
Lone Brazilian judges shut down Meta’s WhatsApp, the nation’s most widely used messaging app, several times in 2015 and 2016 due to the company’s refusal to comply with police requests for user data. In 2022, de Moraes threatened the messaging app Telegram with a nationwide shutdown, arguing it had repeatedly ignored Brazilian authorities’ requests to block profiles and provide information. He ordered Telegram to appoint a local representative; the company ultimately complied and stayed online.
X and its former incarnation, Twitter, have been banned in several countries — mostly authoritarian regimes such as Russia, China, Iran, Myanmar, North Korea, Venezuela and Turkmenistan. Other countries, such as Pakistan, Turkey and Egypt, have also temporarily suspended X before, usually to quell dissent and unrest. Twitter was banned in Egypt after the Arab Spring uprisings, which some dubbed the "Twitter revolution," but it has since been restored.
A search Friday on X showed hundreds of Brazilian users inquiring about VPNs that could potentially enable them to continue using the platform by making it appear they were logging on from outside the country. It was not immediately clear how Brazilian authorities would police this practice and impose fines cited by de Moraes.
By GABRIELA SÁ PESSOA, BARBARA ORTUTAY and DAVID BILLERAugust 30, 2024
SAO PAULO — (AP) — Brazil started blocking Elon Musk's social media platform X early Saturday, making it largely inaccessible on both the web and through mobile apps after the billionaire refused to name a legal representative to the country.
The move escalates a monthslong feud between Musk and a Brazilian Supreme Court justice over free speech, far-right accounts and misinformation. Justice Alexandre de Moraes ordered the suspension on Friday.
To block X, Brazil’s telecommunications regulator, Anatel, told internet service providers to suspend users’ access to the social media platform. As of Saturday after midnight local time, major operators had begun doing so.
De Moraes had warned Musk on Wednesday night that X could be blocked in Brazil if he failed to comply with his order to name a representative, and established a 24-hour deadline. The company hasn’t had a representative in the country since earlier this month.
“Elon Musk showed his total disrespect for Brazilian sovereignty and, in particular, for the judiciary, setting himself up as a true supranational entity and immune to the laws of each country,” de Moraes wrote in his decision on Friday.
The justice said the platform will stay suspended until it complies with his orders, and also set a daily fine of 50,000 reais ($8,900) for people or companies using VPNs to access it.
In a later ruling, he backtracked on his initial decision to establish a 5-day deadline for internet service providers themselves — and not just the telecommunications regulator — to block access to X, as well as his directive for app stores to remove virtual private networks, or VPNs.
Brazil is one of the biggest markets for X, which has struggled with the loss of advertisers since Musk purchased the former Twitter in 2022. Market research group Emarketer says some 40 million Brazilians, roughly one-fifth of the population, access X at least once per month.
“This is a sad day for X users around the world, especially those in Brazil, who are being denied access to our platform. I wish it did not have to come to this – it breaks my heart,” X’s CEO Linda Yaccarino said Friday night, adding that Brazil is failing to uphold its constitution’s pledge to forbid censorship.
X had posted on its official Global Government Affairs page late Thursday that it expected X to be shut down by de Moraes, “simply because we would not comply with his illegal orders to censor his political opponents.”
“When we attempted to defend ourselves in court, Judge de Moraes threatened our Brazilian legal representative with imprisonment. Even after she resigned, he froze all of her bank accounts,” the company wrote.
X has clashed with de Moraes over its reluctance to comply with orders to block users.
Accounts that the platform previously has shut down on Brazilian orders include lawmakers affiliated with former President Jair Bolsonaro’s right-wing party and activists accused of undermining Brazilian democracy. X’s lawyers in April sent a document to the Supreme Court in April, saying that since 2019 it had suspended or blocked 226 users.
In his decision Friday, de Moraes' cited Musk's statements as evidence that X's conduct “clearly intends to continue to encourage posts with extremism, hate speech and anti-democratic discourse, and to try to withdraw them from jurisdictional control.”
In April, de Moraes included Musk as a target in an ongoing investigation over the dissemination of fake news and opened a separate investigation into the executive for alleged obstruction.
Musk, a self-proclaimed “free speech absolutist," has repeatedly claimed the justice’s actions amount to censorship, and his argument has been echoed by Brazil’s political right. He has often insulted de Moraes on his platform, characterizing him as a dictator and tyrant.
De Moraes’ defenders have said his actions aimed at X have been lawful, supported by most of the court’s full bench and have served to protect democracy at a time it is imperiled. He wrote Friday that his ruling is based on Brazilian law requiring internet services companies to have representation in the country so they can be notified when there are relevant court decisions and take requisite action — specifying the takedown of illicit content posted by users, and an anticipated churn of misinformation during October municipal elections.
The looming shutdown is not unprecedented in Brazil.
Lone Brazilian judges shut down Meta’s WhatsApp, the nation’s most widely used messaging app, several times in 2015 and 2016 due to the company’s refusal to comply with police requests for user data. In 2022, de Moraes threatened the messaging app Telegram with a nationwide shutdown, arguing it had repeatedly ignored Brazilian authorities’ requests to block profiles and provide information. He ordered Telegram to appoint a local representative; the company ultimately complied and stayed online.
X and its former incarnation, Twitter, have been banned in several countries — mostly authoritarian regimes such as Russia, China, Iran, Myanmar, North Korea, Venezuela and Turkmenistan. Other countries, such as Pakistan, Turkey and Egypt, have also temporarily suspended X before, usually to quell dissent and unrest. Twitter was banned in Egypt after the Arab Spring uprisings, which some dubbed the "Twitter revolution," but it has since been restored.
A search Friday on X showed hundreds of Brazilian users inquiring about VPNs that could potentially enable them to continue using the platform by making it appear they were logging on from outside the country. It was not immediately clear how Brazilian authorities would police this practice and impose fines cited by de Moraes.
“This is an unusual measure, but its main objective is to ensure that the court order to suspend the platform's operation is, in fact, effective," Filipe Medon, a specialist in digital law and professor at the law school of Getulio Vargas Foundation, a university in Rio de Janeiro, told The Associated Press.
Mariana de Souza Alves Lima, known by her handle MariMoon, showed her 1.4 million followers on X where she intends to go, posting a screenshot of rival social network BlueSky.
On Thursday evening, Starlink, Musk’s satellite internet service provider, said on X that de Moraes this week froze its finances, preventing it from doing any transactions in the country where it has more than 250,000 customers.
“This order is based on an unfounded determination that Starlink should be responsible for the fines levied—unconstitutionally—against X. It was issued in secret and without affording Starlink any of the due process of law guaranteed by the Constitution of Brazil. We intend to address the matter legally,” Starlink said in its statement. The law firm representing Starlink told the AP that the company appealed, but wouldn’t make further comment.
Musk replied to people sharing the reports of the freeze, adding insults directed at de Moraes. “This guy @Alexandre is an outright criminal of the worst kind, masquerading as a judge,” he wrote.
Musk later posted on X that SpaceX, which runs Starlink, will provide free internet service in Brazil “until the matter is resolved” since “we cannot receive payment, but don’t want to cut anyone off.”
In his decision, de Moraes said he ordered the freezing of Starlink’s assets, as X didn't have enough money in its accounts to cover mounting fines, and reasoning that the two companies are part of the same economic group.
While ordering X’s suspension followed warnings and fines and so was appropriate, taking action against Starlink seems “highly questionable,” said Luca Belli, coordinator of the Getulio Vargas Foundation’s Technology and Society Center.
“Yes, of course, they have the same owner, Elon Musk, but it is discretionary to consider Starlink as part of the same economic group as Twitter (X). They have no connection, they have no integration,” Belli said.
___
Ortutay reported from San Francisco and Biller from Rio. AP writer Mauricio Savarese contributed from Sao Paulo.
Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.
Soon, we expect Judge Alexandre de Moraes will order X to be shut down in Brazil – simply because we would not comply with his illegal orders to censor his political opponents. These enemies include a duly elected Senator and a 16-year-old girl, among others. When we attempted to defend ourselves in court, Judge de Moraes threatened our Brazilian legal representative with imprisonment. Even after she resigned, he froze all of her bank accounts. Our challenges against his manifestly illegal actions were either dismissed or ignored. Judge de Moraes’ colleagues on the Supreme Court are either unwilling or unable to stand up to him. We are absolutely not insisting that other countries have the same free speech laws as the United States. The fundamental issue at stake here is that Judge de Moraes demands we break Brazil’s own laws. We simply won’t do that. In the days to come, we will publish all of Judge de Moraes’ illegal demands and all related court filings in the interest of transparency. Unlike other social media and technology platforms, we will not comply in secret with illegal orders. To our users in Brazil and around the world, X remains committed to protecting your freedom of speech. ------------------- Em breve, esperamos que o Ministro Alexandre de Moraes ordene o bloqueio do X no Brasil – simplesmente porque não cumprimos suas ordens ilegais para censurar seus opositores políticos. Dentre esses opositores estão um Senador devidamente eleito e uma jovem de 16 anos, entre outros. Quando tentamos nos defender no tribunal, o Ministro ameaçou prender nossa representante legal no Brasil. Mesmo após sua renúncia, ele congelou todas as suas contas bancárias. Nossas contestações contra suas ações manifestamente ilegais foram rejeitadas ou ignoradas. Os colegas do Ministro Alexandre de Moraes no Supremo Tribunal Federal estão ou impossibilitados de ou não querem enfrentá-lo. Não estamos absolutamente insistindo que outros países tenham as mesmas leis de liberdade de expressão dos Estados Unidos. A questão fundamental em jogo aqui é que o Ministro Alexandre de Moraes exige que violemos as próprias leis do Brasil. Simplesmente não faremos isso. Nos próximos dias, publicaremos todas as exigências ilegais do Ministro e todos os documentos judiciais relacionados, para fins de transparência. Ao contrário de outras plataformas de mídia social e tecnologia, não cumpriremos ordens ilegais em segredo. Aos nossos usuários no Brasil e ao redor do mundo, o X continua comprometido em proteger sua liberdade de expressão.
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Top 10 Business Ideas That Will Make You Rich
In today's fast-paced and ever-evolving world, entrepreneurship offers countless opportunities to build wealth. Whether you're a seasoned entrepreneur or a budding innovator, exploring the right business idea can lead to significant financial success. Here are ten business ideas that have the potential to make you rich.
1. E-commerce Store
E-commerce continues to thrive, with online shopping becoming the norm for consumers. Launching an e-commerce store that caters to a niche market can be incredibly profitable. By offering unique, high-quality products, and leveraging digital marketing strategies, you can reach a global audience. Subscription boxes, eco-friendly products, or personalized items are examples of niches with high demand.
2. Digital Marketing Agency
As businesses shift towards online operations, the demand for digital marketing services has skyrocketed. Starting a digital marketing agency that specializes in SEO, social media management, content marketing, or pay-per-click advertising can be highly lucrative. Success in this field requires staying updated with the latest trends and delivering measurable results to clients.
3. App Development
The mobile app industry is booming, with millions of apps available on various platforms. If you have a background in coding or can collaborate with skilled developers, creating innovative apps can lead to substantial profits. Whether it's a gaming app, a productivity tool, or a social networking platform, a successful app can generate revenue through in-app purchases, ads, or subscriptions.
4. Real Estate Investment
Real estate has long been a proven way to build wealth. Investing in rental properties, flipping houses, or even starting a real estate development company can yield high returns. The key is to research markets thoroughly, understand property values, and manage your investments wisely. In addition to traditional real estate, consider emerging trends like vacation rentals and co-living spaces.
5. Health and Wellness Products
The health and wellness industry is experiencing rapid growth, driven by an increased focus on healthy living. Starting a business that offers health supplements, organic foods, fitness equipment, or wellness coaching can be very profitable. Consumers are willing to invest in products and services that promote a healthier lifestyle, making this sector a promising area for entrepreneurs.
6. Online Education and E-learning
The rise of remote work and online learning has created a massive demand for e-learning platforms and online courses. If you have expertise in a particular field, you can create and sell online courses, or develop a platform that connects educators with learners. This business model offers scalability and the potential for passive income, as courses can be sold repeatedly without additional production costs.
7. Renewable Energy Solutions
With the global push towards sustainability, businesses in the renewable energy sector are thriving. Starting a company that offers solar panel installation, energy-efficient appliances, or green building materials can be highly profitable. Governments and consumers are increasingly seeking eco-friendly solutions, making this an ideal time to enter the market.
8. Freelance Services Platform
The gig economy is expanding rapidly, with more people seeking freelance opportunities. Creating a platform that connects freelancers with clients in fields like graphic design, writing, programming, or virtual assistance can be a successful business venture. By charging a commission on transactions, you can build a profitable business while providing a valuable service.
9. Artificial Intelligence and Automation
AI and automation are transforming industries across the board. Starting a business that offers AI-driven solutions, such as chatbots, predictive analytics, or robotic process automation (RPA), can lead to significant wealth. Companies are eager to adopt AI technologies to streamline operations, reduce costs, and improve customer experiences, making this a high-demand area.
10. Subscription Box Service
Subscription box services have gained immense popularity, offering consumers curated products delivered to their doorsteps regularly. From beauty products to gourmet foods, subscription boxes cater to a wide range of interests. Starting a subscription box business allows for recurring revenue and customer loyalty, provided you offer unique and valuable products.
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Conclusion
These ten business ideas represent some of the most promising opportunities for building wealth in today's economy. While each requires a different level of expertise, investment, and commitment, the potential rewards are substantial. Success in any of these ventures will depend on thorough market research, innovative thinking, and relentless execution. By choosing the right idea and dedicating yourself to its growth, you can achieve significant financial success and long-term wealth. Click here to open other post.
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5g Services Market: Key Players and Competitive Landscape
The global 5G services market size is estimated to reach USD 2,208.25 billion by 2030, registering a CAGR of 59.4% from 2023 to 2030, according to a new study by Grand View Research, Inc.
The rapidly rising demand for ultra-reliable and low-latency data networks capable of providing enhanced mobile connectivity is estimated to boost the market growth over the forecast period. The potential adoption of 5G services for remote patient monitoring and remote surgery applications is also anticipated to propel market growth from 2022 to 2030. The 5G wireless technology is expected to completely transform the transportation and logistics industry by providing seamless Vehicle-to-Vehicle (V2V) and Vehicle-to-Infrastructure (V2I) connectivity.
As such, the need to ensure strong, seamless, and uninterrupted connectivity with autonomous vehicles is estimated to drive the adoption of 5G services. Furthermore, robust deployment of 5G network infrastructure is estimated to improve the operational efficiencies in several IoT use cases, including smart homes, smart cities, and industry 4.0. Hence, the rising need for high bandwidth to provide reliable communication to IoT devices is expected to elevate the overall market growth over the forecast period. In some countries, such as the U.S., China, and Japan, the trend of monitoring energy systems of buildings remotely is rising gradually. This is expected to open new opportunities for rolling out 5G services over the forecast period.
Gather more insights about the market drivers, restrains and growth of the 5g Services Market
5G Services Market Report Highlights
• The enhanced Mobile Broadband (eMBB) communication type segment is anticipated to hold the largest market share by 2030.This growth is credited to the rising focus of key market players on rolling out high-speed and low-latency data networks for residential and commercial applications, such as video conferencing, virtual meeting, Virtual Reality (VR) & Augmented Reality (AR) gaming
• The consumer segment is expected to register the highest CAGR due to the increasing commercialization of the 5G services for consumer applications across various countries, including the U.S., China, Japan, Germany, and South Korea.
• The manufacturing segment is expected to register the fastest CAGR over the forecast period due to the growing need for seamless connectivity to drive industrial devices including robots and actuators
• The U.S. is anticipated to dominate the North America regional market from 2023 to 2030 owing to the rising demand for higher data speeds for several end-use applications including M2M communications, energy & utility management, and smart mobility management
• Market incumbents are focusing on mergers and acquisitions for delivering 5G services to strengthen their presence and expand their product portfolios
• However, due to the global COVID-19 pandemic, the governments across key countries have postponed the auction for 5G spectrums. This may hamper the market growth over the forecast period
Browse through Grand View Research's Next Generation Technologies Industry Research Reports.
• The global IoT in utilities market size was estimated at USD 47.53 billion in 2023 and is expected to grow at a CAGR of 10.7% from 2024 to 2030.
• The global robotic platform market size was estimated at USD 9.97 billion in 2023 and is projected to grow at a CAGR of 5.9% from 2024 to 2030.
5G Services Market Segmentation
Grand View Research has segmented the global 5G services market on the basis of communication type, vertical, and region:
5G Services Communication Type Outlook (Revenue, USD Billion, 2020 - 2030)
• FWA
• eMBB
• uRLLC
• mMTC
5G Services Vertical Outlook (Revenue, USD Million, 2020 - 2030)
• Consumer
• Enterprises
o Manufacturing
o Public Safety
o Healthcare & Social Work
o Media & Entertainment
o Energy & Utility
o IT & Telecom
o Transportation & Logistics
o Aerosapce & Defense
o BFSI
o Government
o Retail
o Mining
o Oil & Gas
o Agriculture
o Construction
o Real Estate
5G Services Regional Outlook (Revenue, USD Billion, 2020 - 2030)
• North America
o U.S.
o Canada
• Europe
o U.K.
o Germany
o France
o Russia
o Italy
o Spain
• Asia Pacific
o China
o India
o Japan
o South Korea
• Latin America
o Brazil
o Mexico
• Middle East & Africa (MEA)
Order a free sample PDF of the 5g Services Market Intelligence Study, published by Grand View Research.
#5g Services Market#5g Services Market Analysis#5g Services Market Report#5g Services Market Size#5g Services Market Share
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vEPC Services Segment to Redefine Telecom Networks
The virtual evolved packet core (vEPC) market, valued at USD 9.9 billion in 2024, is projected to reach USD 27.8 billion by 2030, growing at a CAGR of 18.8%. This growth is driven by the increasing adoption of network function virtualization (NFV), the rising prominence of IoT and edge computing, the deployment of 4G LTE, growing mobile data traffic, and the implementation of standalone (SA) and non-standalone (NSA) 5G services offering improved speeds.
The solutions segment, categorized by components, dominated the market due to the recognition of its benefits by mobile network operators (MNOs). vEPC solutions enable virtualization of critical components, such as the mobility management entity, home subscriber server, serving gateway, and packet data network gateway, enhancing network efficiency, scalability, service quality, and cost-effectiveness.
Meanwhile, the services segment is anticipated to grow at the highest CAGR of 20%, driven by the rising adoption of vEPC solutions by telecom companies to meet mobile user demands and adapt to evolving network requirements.
In terms of network type, the 5G category is expected to witness the fastest growth, with a CAGR of 20%. This is attributed to the rising demand for high-speed data services and advanced technologies like IoT and cloud computing across industries.
By application, the IoT and machine-to-machine (M2M) category led the market, fueled by the presence of over 13 billion connected IoT devices globally in 2022. The increasing need for IoT-powered gadgets, along with the growing adoption of NB-IoT and Cat-M technologies, has further boosted the market.
In 2023, the cloud deployment mode held a 60% market share and is expected to grow at a CAGR of 22%. This growth is driven by the rapid deployment of cloud packet cores across communication services, critical enterprises, and IoT applications aligned with Industry 4.0 goals.
The Asia-Pacific (APAC) region is projected to witness the fastest growth at a CAGR of 25%, supported by the strong presence of leading MNOs, increasing demand for IoT-powered devices, and the rapid adoption of advanced 5G technology.
The growing adoption of NFV will continue to fuel the expansion of the vEPC market in the coming years.
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Analysis of Public Cloud in BFSI Market Future Scope, Opportunities with Strategic Growth and Top Players
Research Nester assesses the growth and market size of the global public cloud in BFSI market which is anticipated to be on account of the growing use of smartphones.
Research Nester’s recent market research analysis on “Public Cloud in BFSI Market: Global Demand Analysis & Opportunity Outlook 2037” delivers a detailed competitor’s analysis and a detailed overview of the global public cloud in BFSI market in terms of market segmentation by type, component, enterprise size, end use, and by region.
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Rapid Shift Towards Cloud-based Services to Promote Global Market Share of Public Cloud in BFSI
The global public cloud in BFSI market is estimated to grow majorly due to the growing adoption of cloud-based services in banks. Services enabled by the cloud modify governance frameworks, technological infrastructure, product offerings, and operational procedures to help banks expand. It helps with the scaling up of services by offering several benefits such as storage, processing power, the capacity to work across a broad range of applications, and contextualized solutions based on the needs of the company employing cloud services.
The execution of complex analytics and the gathering of insights from disparate, enormous data sets are made possible by the integration of machine learning and artificial intelligence capabilities. 72% of finance departments now employ AI, according to Business Journalism research, and 49% of these executives emphasized the importance of upskilling their financial team. The cloud transformation road includes technological improvements, process automation, organizational reform, and product innovation.
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Some of the major growth factors and challenges that are associated with the growth of the global public cloud in BFSI market are:
Growth Drivers:
Growing support from the government
Cost-effectiveness
Challenges:
Public cloud adoption in the BFSI industry is hindered by the deployment of various third-party services that are a component of cloud computing and may give rise to security or confidentiality concerns. Mobility, networks, endpoints, databases, cloud computing, online applications, and virtualization are among the other infrastructures that are addressed.
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By enterprise size, the global public cloud in BFSI market is segmented into small and medium enterprises and large enterprises. The small and medium enterprises segment is poised to garner the highest revenue by the end of 2037 by growing at a significant CAGR over the forecast period. Large firms have embraced the program with the most fervor because of its benefits, which include reduced operating costs, more teamwork, greater flexibility, and a faster time to market. Businesses are using the cloud to update crucial business apps and processes, even though they have previously utilized it for infrastructure transfer and application development. Because of the communication service providers' flexible price structures, higher staff efficiency, and enhanced teamwork and innovation, the SME segment has had the largest share of the market since 2019.
By region, the Europe public cloud in BFSI market is to generate the highest revenue by the end of 2036. The market is growing in countries with pro-business laws and significant investments in digital technology, but it is growing more slowly in areas with restrictive regulations and little funding. In addition, the demand for public cloud services in Europe is being driven by the growing trend of remote work and the growing use of cloud-based solutions by enterprises of all kinds. As the area continues to recover from the COVID-19 pandemic's economic effects, this tendency is anticipated to continue.
This report also provides the existing competitive scenario of some of the key players that includes Lumen Technologies, Inc. DXC Technology Company, Intel Corporation, Dell EMC, Panzura, Inc., VMware LLC, Equinix, Inc., Rackspace Technology, Inc., Citrix Systems, Inc., Cisco Systems Inc., and others.
Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision in order to avoid future uncertainties.
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Mobile Edge Computing Market Size Forecast: IBM Corporation booms
Market Overview:
From 2024 to 2031, the CAGR of the worldwide Mobile Edge Computing market is expected to be 30.1%. USD 1.5 billion was the market size in 2022; by 2031, it is predicted to rise to USD 15.8 billion. Although Asia-Pacific is expected to show the fastest growth rate throughout the projection period, North America presently dominates the market.
Seeking to lower latency, increase data processing capability, and improve general network performance, Mobile Edge Computing (MEC) is becoming increasingly popular. Key drivers of market expansion are IoT device penetration, low-latency application demand, and 5G network rollout. The MEC market is likely to grow significantly in the next years as businesses in many sectors acknowledge the advantages of edge computing in enhancing operational efficiency and allowing real-time decision-making.
Market Trends:
One clear trend influencing the industry is the integration of artificial intelligence (AI) and machine learning (ML) capacities into mobile edge computing systems. More advanced data processing and analysis straight at the network edge made possible by this convergence helps to lower the demand for cloud-based computing and improve real-time decision-making capacity. Organizations may maximize resource allocation, upgrade predictive maintenance, and strengthen security measures by using AI and ML algorithms at the edge. Applications in autonomous cars, smart cities, and industrial IoT—where quick data processing and low latency are absolutely vital—benefit especially from this trend. As artificial intelligence and machine learning technologies develop, their interaction with MEC is likely to inspire creativity and generate fresh prospects in many different sector verticals.
Market Segmentation:
A main force pushing the mobile edge computing market ahead is the rising demand for low-latency applications and real-time data processing. Computing skills closer to the data source are more needed as IoT devices, autonomous systems, and immersive technologies like augmented and virtual reality proliferate. By moving computation and storage resources to the network edge, MEC meets this demand and greatly lowers latency, therefore allowing nearly instantaneous data processing. Applications like driverless cars, industrial automation, and remote healthcare where even milliseconds of delay might have significant effects depend especially on this. Demand for MEC solutions is predicted to explode as sectors keep digitizing and implementing more real-time applications, therefore fostering market growth and innovation in edge computing technology.
Market Key Players:
IBM Corporation, Intel Corporation, Nokia Corporation, Huawei Technologies Co., Ltd., Cisco Systems, Inc., Microsoft Corporation, Amazon Web Services (AWS), Dell Technologies Inc., Saguna Networks Ltd.
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#Virtualized Evolved Packet Core Market#VEPC Market#Mobility Management Entity#Home Subscriber Server#Packet Data Network Gateway#Policy and Charging Rules Function#Mobile Private Network & Mobile Virtual Network Operator (MPN & MVNO)#Long-term Evolution & Voice over Long-term Evolution (LTE & VoLTE)#Telecom Operators#Internet of Things & Machine to Machine
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Ghana Telecom Services Market: Growth, Trends, and Opportunities
The Ghana telecom services market has witnessed remarkable growth over the past decade, driven by a surge in mobile phone penetration, advancements in network infrastructure, and an increasing demand for internet connectivity. As one of the largest and fastest-growing telecom markets in West Africa, Ghana's telecommunications sector plays a vital role in the country’s economic development, fueling digital inclusion, business innovation, and access to information.
Overview of the Ghana Telecom Services Market
The Ghana telecom services market encompasses various segments, including mobile voice, mobile data, broadband internet, and fixed-line services. Mobile telephony dominates the market, with a high percentage of the population relying on mobile networks for communication and internet access. According to recent industry reports, Ghana’s mobile penetration rate exceeded 120%, reflecting multiple SIM card ownership among consumers and the extensive reach of mobile networks even in rural areas.
Key Drivers of Growth in Ghana’s Telecom Market
Several factors are contributing to the growth and expansion of Ghana’s telecom market:
Rising Demand for Data Services: With the proliferation of smartphones and the growing popularity of social media platforms, video streaming, and e-commerce, there is an increasing demand for mobile data services in Ghana. Telecom operators are investing in 4G LTE networks and are preparing for 5G technology to meet this growing demand.
Government Initiatives: The Ghanaian government has implemented various policies and initiatives to improve the country’s telecom infrastructure and promote digital inclusion. The "Ghana Digital Transformation Project" aims to improve connectivity, increase digital literacy, and make telecommunications more accessible across all regions, particularly underserved rural areas.
Competitive Market Landscape: Ghana’s telecom market features several key players, including MTN Ghana, Vodafone Ghana, and AirtelTigo. The competition among these providers has led to improvements in service quality, affordability, and innovative offerings, such as bundled voice and data plans, which benefit consumers.
Growing E-commerce Sector: The rise of e-commerce in Ghana has contributed to the demand for reliable telecom services. A robust telecommunications network is essential for digital payment systems, online retail platforms, and delivery services, making the telecom sector a backbone for e-commerce growth.
Digital Transformation in Businesses: Companies in Ghana increasingly rely on digital tools and cloud-based solutions to enhance productivity and operational efficiency. This trend drives demand for enterprise telecom services, including high-speed internet, virtual private networks (VPNs), and cloud computing services.
Market Segmentation
Mobile Voice and Data Services
Mobile services represent the largest segment of Ghana’s telecom market. With over 37 million mobile subscriptions, mobile penetration rates are high, and most Ghanaians rely on their mobile phones for communication. The adoption of mobile data services is accelerating, driven by affordable smartphone options and attractive data packages from operators.
Broadband Internet
While mobile data remains the primary mode of internet access, demand for fixed broadband has been steadily increasing, particularly among businesses and urban households. Fiber-optic networks are expanding in major cities, offering higher speeds and reliable connectivity to meet the needs of businesses and high-demand users. However, broadband access in rural areas remains limited, creating opportunities for further expansion.
Fixed-Line Services
Fixed-line telephony services have become less prevalent in Ghana, with the majority of consumers favoring mobile communication due to its convenience and affordability. However, fixed-line connections are still used in certain government sectors and large businesses where stable connectivity is essential.
Technological Advancements and Future Outlook
The Ghana telecom services market is expected to grow further with the adoption of 5G technology, which promises faster speeds, lower latency, and improved connectivity. Although 5G deployment is still in the early stages in Ghana, preparations are underway, and trials have already been conducted by major telecom operators. The rollout of 5G will support various sectors, including health, education, and agriculture, with applications like telemedicine, remote education, and precision agriculture.
Artificial intelligence (AI) and the Internet of Things (IoT) are other emerging technologies that will influence the Ghana telecom market. IoT, in particular, has potential applications in agriculture and utilities, enabling smart farming and efficient resource management, which are key to Ghana’s development goals.
Challenges in the Ghana Telecom Services Market
Despite the positive growth outlook, Ghana’s telecom market faces several challenges:
Infrastructure Gaps: While urban areas have access to robust telecom infrastructure, rural regions often lack reliable connectivity, impacting digital inclusion efforts.
Regulatory Environment: The telecom sector in Ghana is subject to regulatory measures aimed at consumer protection and fair competition. Although these regulations benefit consumers, telecom operators sometimes face challenges due to taxes, spectrum costs, and regulatory compliance.
Cybersecurity Concerns: As digital transactions and internet usage increase, so do concerns about cybersecurity and data protection. Ghana’s telecom operators are investing in security solutions to address these risks and maintain consumer trust.
Opportunities for Growth
Expanding Mobile Broadband Services: Mobile broadband remains a major growth area, with an increasing number of users relying on 4G and future 5G networks for their internet needs. Expanding network coverage in rural and underserved areas presents a significant opportunity for telecom operators.
Digital Financial Services: The telecom sector in Ghana is closely linked to the financial industry through mobile money services. As mobile money adoption continues to grow, telecom operators can leverage this trend by offering more advanced financial services, such as savings, loans, and insurance products.
Enterprise Solutions and Cloud Services: Businesses in Ghana are increasingly adopting cloud-based solutions and other digital tools to enhance productivity. Telecom companies can capitalize on this trend by providing high-speed connectivity and tailored solutions for enterprise customers.
Partnerships with International Players: Ghana’s telecom operators can benefit from partnerships with international tech companies to bring advanced solutions and investments into the market. Such collaborations can help accelerate the deployment of new technologies and enhance the telecom infrastructure.
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How Cloud Computing is Driving Digital Transformation Across Industries
Digital transformation is no longer a buzzword—it’s a necessity for organizations aiming to stay competitive in the ever-evolving global economy. At the heart of this transformation is cloud computing, a technology that has revolutionized how businesses operate, innovate, and scale. From healthcare and retail to finance and manufacturing, cloud computing is empowering industries to achieve greater efficiency and agility. This blog delves into how cloud computing is driving digital transformation across industries and the role of cloud computing consulting services and cloud computing solutions in making this transition seamless.
What is Cloud Computing?
Cloud computing refers to the delivery of computing services—including servers, storage, databases, networking, software, and analytics—over the internet, often referred to as "the cloud." It eliminates the need for physical infrastructure, allowing businesses to access resources on-demand and pay only for what they use.
Why Digital Transformation Needs Cloud Computing
Digital transformation involves leveraging digital technologies to create or modify existing business processes, culture, and customer experiences. Cloud computing supports this transformation in several ways:
Scalability and Flexibility Cloud computing allows businesses to scale their operations up or down based on demand. This is particularly beneficial for industries with fluctuating needs, such as e-commerce during the holiday season.
Cost Efficiency With a pay-as-you-go model, businesses can reduce the costs associated with maintaining and upgrading physical infrastructure.
Enhanced Collaboration Cloud-based tools and platforms enable teams to work together in real-time, irrespective of geographical locations.
Innovation at Speed The cloud accelerates development cycles by providing access to advanced tools like AI, machine learning, and analytics without the need for in-house expertise.
Robust Security Leading cloud computing services providers implement top-notch security measures, ensuring data protection and compliance.
Impact of Cloud Computing Across Key Industries
1. Healthcare
Improved Patient Care: Cloud solutions enable healthcare providers to store, manage, and access patient records securely.
AI and Data Analytics: Leveraging cloud computing, hospitals can analyze patient data to predict outcomes and enhance treatments.
Telemedicine: With cloud-based platforms, healthcare services can be delivered remotely, improving accessibility.
2. Finance
Real-Time Insights: Financial institutions use the cloud to analyze market trends and provide personalized recommendations.
Risk Management: Cloud computing consulting services help banks implement robust solutions for fraud detection and compliance.
Digital Banking: Cloud-powered mobile apps and online platforms make banking seamless for customers.
3. Retail
Enhanced Customer Experience: Retailers use cloud-driven AI to offer personalized shopping experiences.
Inventory Management: Real-time tracking and automated reordering ensure stock levels are optimized.
E-commerce Growth: Cloud computing services power the scalability and uptime of online shopping platforms.
4. Manufacturing
Smart Factories: Cloud computing enables IoT integration, making factories smarter and more efficient.
Supply Chain Optimization: Cloud-based analytics improve logistics and inventory management.
Prototyping and Design: Manufacturers can use cloud platforms for rapid prototyping and simulation.
5. Education
Virtual Learning: Cloud platforms provide access to digital classrooms and learning materials.
Data Management: Universities can store student records and research data securely.
Scalable Solutions: Cloud solutions accommodate the increasing demand for online education.
6. Media and Entertainment
Content Delivery: Cloud-based Content Delivery Networks (CDNs) ensure faster and more reliable streaming.
Collaboration Tools: Creators can collaborate on projects in real time using cloud platforms.
Audience Analytics: Insights from cloud analytics help in targeting the right audience.
The Role of Cloud Computing Consulting Services
Transitioning to the cloud can be complex, especially for organizations with legacy systems. Cloud computing consulting services play a crucial role in guiding businesses through this process by:
Assessing Needs: Identifying the specific cloud requirements for an organization based on its goals and challenges.
Custom Solutions: Designing tailored cloud architectures that align with business objectives.
Seamless Migration: Ensuring a smooth transition from on-premise systems to the cloud.
Ongoing Support: Providing continuous monitoring, maintenance, and optimization of cloud solutions.
How Cloud Computing Services Facilitate Transformation
Beyond consulting, cloud computing services offer the technical backbone required for digital transformation:
Infrastructure as a Service (IaaS): Provides virtualized computing resources over the internet.
Platform as a Service (PaaS): Offers a framework for developers to build applications without worrying about infrastructure.
Software as a Service (SaaS): Delivers software applications over the internet, reducing the need for installations.
Data Analytics and AI Tools: Advanced cloud services include machine learning and big data analytics, empowering businesses to make data-driven decisions.
Success Stories: Digital Transformation with Cloud Computing
Case Study 1: Retail Giant
A global retailer partnered with a leading cloud provider to migrate its e-commerce platform. The result was a 40% increase in uptime, enhanced customer satisfaction, and a 20% boost in revenue.
Case Study 2: Healthcare Provider
A hospital chain utilized cloud computing consulting services to integrate AI-powered analytics into its patient management system. This led to reduced wait times and improved patient outcomes.
Case Study 3: Financial Institution
A bank adopted a multi-cloud strategy for fraud detection and customer insights, resulting in a 30% reduction in fraud cases and a 50% increase in customer retention.
Challenges in Cloud Adoption and How to Overcome Them
Data Security Concerns: Solution: Partner with reliable cloud computing services providers that prioritize security and compliance.
Integration with Legacy Systems: Solution: Use cloud computing consulting services to develop hybrid solutions that integrate seamlessly.
Skill Gaps: Solution: Invest in employee training or outsource cloud management to experts.
Future of Cloud Computing in Digital Transformation
As cloud technology evolves, its role in digital transformation will continue to grow. Emerging trends include:
Edge Computing: Bringing cloud capabilities closer to end-users for faster processing.
AI and Machine Learning: Enhancing predictive capabilities for better decision-making.
Green Cloud: Focus on sustainability through energy-efficient cloud solutions.
Conclusion
Cloud computing is the cornerstone of digital transformation across industries, offering scalability, efficiency, and innovation. With the right combination of cloud computing consulting services and cloud computing services, businesses can unlock their full potential and stay ahead of the competition.
Whether you are a small startup or a large enterprise, the cloud provides endless opportunities to innovate, grow, and thrive in the digital age. Take the first step toward your transformation journey today by exploring the possibilities of cloud computing.
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How to buy VVS tokens
The method of purchasing VVS tokens usually involves the following steps, which are based on the general virtual currency purchase process and are specifically explained for the purchase of VVS tokens:
I. Select a trading platform
Platform screening:
It is key to choose a trustworthy virtual currency trading platform. There are many such platforms on the market, such as OKX, Binance, etc. These platforms usually provide trading services for multiple virtual currencies, including VVS tokens.
When choosing a trading platform, pay attention to factors such as its security, handling fee rate, supported virtual currency types, user reviews, and whether it is regulated.
Registration and real-name authentication:
To register on the selected trading platform, you usually need to provide personal information such as email and mobile phone number.
Complete real-name authentication (KYC), which is to ensure transaction security and prevent illegal activities such as money laundering. Real-name authentication usually requires providing documents such as identity proof.
II. Recharge funds
Recharge method:
Most trading platforms support legal currency recharge, such as RMB, USD, etc. Funds can be recharged to the trading account through bank transfer, Alipay, WeChat, etc.
Fund security:
During the recharge process, ensure the safety of funds and avoid using unsafe network environments or making unnecessary transfer operations.
III. Purchase VVS tokens
Search for VVS tokens:
After logging in to the trading platform, enter "VVS" or "VVS tokens" in the search box to find relevant trading pairs.
Place an order to buy:
Select a suitable trading pair (such as VVS/USDT) to view real-time market conditions and price trends.
According to your own needs and judgment, enter the purchase quantity and click the "Buy" button to place an order.
Wait for the transaction to be completed:
After placing an order, wait for the trading platform to match the transaction. Once the transaction is successful, the VVS token will be transferred to your trading account.
IV. Storage and management
Select a wallet:
After the purchase is completed, you need to choose a safe virtual currency wallet to store your VVS tokens. Virtual currency wallets are divided into hot wallets and cold wallets. The former is suitable for storing small amounts of assets for daily transactions, while the latter is more suitable for long-term storage of large amounts of assets.
Security management:
Ensure the security of the wallet and avoid leaking sensitive information such as private keys or mnemonics. Regularly check the wallet balance and transaction records to ensure asset security.
V. Precautions
Market risk:
The virtual currency market is highly risky and has large price fluctuations. Before purchasing VVS tokens, you must fully understand the market situation and risks.
Compliance:
When purchasing virtual currency, ensure that the selected trading platform is legal and compliant, and comply with local laws and regulations.
Information protection:
During the transaction process, pay attention to protecting personal information and funds to avoid fraud or hacker attacks.
In summary, to purchase VVS tokens, you need to choose a reliable trading platform, complete real-name authentication and fund recharge, search and place an order to purchase VVS tokens, choose a safe wallet for storage and management, and pay attention to market risks, compliance and information protection.
How to buy VVS
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