Emergen Research has recently added a new report titled Global AI in Telecommunication Market that provides an extensive analysis of the AI in Telecommunication market and industry overview with regards to market size, market share, revenue growth, key companies, current and emerging market trends, recent technological and product developments, and a comprehensive analysis of the impact of COVID-19 pandemic on the growth of the AI in Telecommunication Market.
The global Artificial Intelligence (AI) in telecommunication market size was USD 1.70 Billion in 2022 and is expected to register a rapid revenue CAGR of 41.4% during the forecast period. Rising adoption of AI solutions in various telecom applications, increased need for monitoring the content spread on telecommunication networks, and advent of Fifth Generation (5G) technology in smartphones are key factors driving market revenue growth. Artificial Intelligence (AI) in telecom uses software & algorithms to estimate human perception, to analyze big data such as data consumption, call record, and use of the application, to improve the customer experience. Telecom companies use AI primarily for customer service applications, for instance, use of chatbots and virtual assistants to address various support requests for installation, maintenance, and troubleshooting. Field and service operations make up 60% to 70% of the majority of telecommunications operational budgets, which can be resolved by applying Artificial Intelligence (AI) for its immediate and significant benefits.
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It focuses on the recent mergers & acquisitions, joint ventures, collaborations, partnerships, licensing agreements, brand promotions, and product launches, among others. The report also provides details about the company overview, business expansion plans, product portfolio, manufacturing and production capacity, global market position, financial status, and consumer base.
The report also discusses the key players involved in the market such as
IBM Corporation, Google LLC, Microsoft, Intel Corporation, AT&T Intellectual Property, Infosys Limited, Salesforce, Inc., Cisco Systems, Inc., Nuance Communications, Inc., NVIDIA Corporation, Sentient.io, H2O.ai, Evolv AI, ZTE Corporation, and Huawei Technologies Co., Ltd
Report Highlights:
- Besides offering a vivid depiction of the global AI in Telecommunication business sphere and its fundamental operations, the latest report provides the industrial chain analysis and list down the current and future market trends and growth opportunities.
- The report includes information on the present and historical market scenarios, which helps forecast the market conditions over the next eight years
- The report scrutinizes the salient factors influencing the growth of the market in the near future.
- The strategic marketing recommendations, crucial information related to the new market entrants, and expansion plans of various businesses are poised to provide the reader with a competitive edge in the market.
Regional Landscape section of the AI in Telecommunication Market report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the AI in Telecommunication market expected to boost the growth of the industry in the coming years.
AI in Telecommunication Market Segmentation:
Component Outlook (Revenue, USD Billion; 2019-2032)
- Solutions
- Software Tools
- Platforms
- Services
- Professional Services
- Managed Services
- Solutions
Deployment Mode Outlook (Revenue, USD Billion; 2019-2032)
- On-Premise
- Cloud
Technology Outlook (Revenue, USD Billion; 2019-2032)
- Machine Learning (ML)
- Natural Language Processing (NLP)
- Others
Browse Full Report Description + Research Methodology + Table of Content + Infographics @ https://www.emergenresearch.com/industry-report/artificial-intelligence-in-telecommunication-market
Highlights of Table of Contents (TOC):
- Overview of Global AI in Telecommunication Market
- Competitive analysis of the AI in Telecommunication Market
- Regional analysis of Global AI in Telecommunication Market production and revenue
- Regional analysis of Global AI in Telecommunication Market supply, consumption, and export & import
- Type-based market analysis of global AI in Telecommunication production, revenue, and price trends
- Application-based analysis of the global AI in Telecommunication Market
- Manufacturer profiles, manufacturing cost, and upstream and downstream analysis of global AI in Telecommunication market
- Conclusion of the research report
- Appendix
Thank you for reading our report. Please get in touch with us if you have any query regarding the report or its customization. Our team will ensure the report is best suited to your needs.
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