Global AI in Telecommunication Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
AI in Telecommunication Market Overview
“The global AI in Telecommunication market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”
The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint.
The global AI in telecommunication market report has been segmented on the component, technology, deployment mode, application, and region.
This report is based on the synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market.
In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in the future.
AI (artificial intelligence) is an advanced technology wherein simulation of human intelligence is done by using machine learning and natural language processing techniques to create intelligent machines that would act and work like humans.
Moreover, AI technology can aid enterprises and businesses with cognitive engagement, providing better connections with customers by anticipating their requirements and needs.
AI in Telecommunication Market Dynamics
The rising demand for traffic classification solutions, software-defined networks (SDN), and self-optimizing networks (SONs) is a major factor driving the growth of the global AI in the telecommunication market.
In addition, businesses nowadays are focusing more on customer experiences and customer engagement. This is another factor boosting demand for AI technology in the global market.
Moreover, increasing investments in artificial intelligence technology and increasing adoption of the internet of things are other factors further fueling the growth of the global market.
High infrastructure and maintenance costs of artificial intelligence (AI) based products are a major factor hampering the growth of the global AI in the telecommunication market. In addition, the market is facing challenges related to complex integration processes and security, which are other factors restraining the growth of the global market.
The North American market accounts for the highest share in terms of revenue in the global AI telecommunication market and is expected to continue its dominance in the global market during the forecast period.
Increasing investments in artificial intelligence technology and the presence of advanced telecommunication infrastructure in the region are major factors driving the growth of North America AI in the telecommunication market.
The Europe market accounts for a significant share in terms of revenue in the global market. Increasing adoption of artificial intelligence technology from various sectors is a key factor expected to fuel the growth of the Asia Pacific AI in the telecommunication market over the forecast period.
Global AI in Telecommunication Market Segmentation:
Segmentation on the basis of component:
Segmentation on the basis of technology:
- Machine learning and deep learning
- Natural Language Processing (NLP)
Segmentation on the basis of the deployment model:
Segmentation on the basis of application:
- Customer analytics
- Network security
- Network optimization
- Virtual assistance
Segmentation on the basis of region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- International Business Machines Corporation
- Google Inc.
- AT&T Inc.
- Microsoft Corporation
- Intel Corporation
- Cisco Systems
- Nuance Communications
- Sentient Technologies
- ai Inc.
- Infosys Ltd.
- Salesforce Inc.
- Nvidia Corporation
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