Artificial intelligence allows the telecommunication industry
to derive insights from their huge data sets and make it easy to manage the
daily business activities and resolve problems more efficiently and also offer enhanced
customer service and satisfaction. Artificial intelligence is an advanced
technology which has the ability to make decisions similar to human
intelligence. This technology emphasizes on developing an intelligent machine
with the advancement in features such as speech recognition, image recognition,
visual recognition and translation between languages. The increasing
number of AI-enabled smartphones with various numbers of features such as robust
security, image recognition, voice recognition and various as compared to conventional
phones is fueling the growth of AI in the telecommunication market. Also this
is a key reason artificial intelligence is becoming popular among the
users. In addition, to serve the complex processes or telecom services,
AI offers a simpler and easier interface in telecommunication. In addition to
all this, Al and machine learning are emerging in the telecommunication since
they assists organizations with virtualization and cloud computing. Rising
complexity in networking applications is propelling the requirement for network
automation and agility in telecommunication. The
rising over-the-top (OTT) services, such as video streaming, have transformed
the delivery and consumption of audio and video content. Since most of the
customers shifting towards OTT services, the requirement for bandwidth has
increased majorly. Conveying such ever-rising traffic from OTT services leads
to the high operating Expenditure (OpEx) for the telecommunications industry. Hence,
AI enables the telecommunications industry to reduce operating costs by
minimizing the human intervention required for network setup and
maintenance. Apart from this, the rising concerns and issues associated
to incompatibility and undependable artificial intelligence algorithms are
factors to restrain the market growth.
In addition, the rising demand for effective and efficient
cloud-based AI solutions in telecommunication industry is creating huge
opportunities for the AI in telecommunication. Furthermore, advancements such
as 5G technology in mobile and the increasing requirement to monitor content on
the tale communication network to avoid human error from telecommunication is
also creating growth prospects for AI in the Telecommunication Market. For an example,
the Chinese government is putting efforts to enhance its network services and
telecommunication services; hence china Telecom Corporation has started a new
5G base station in Lanzhou city.
The
global AI in Telecommunication Market is segregated on the basis of Technology as
Machine learning and deep learning and Natural Language Processing (NLP). Based
on Application the global AI in Telecommunication Market is segmented in Customer
analytics, Network security, Network optimization, Self-diagnostics, Virtual
assistance and Others. Based on Component the global AI in Telecommunication
Market is segmented in Solutions and Services. Based on Deployment Mode the
global AI in Telecommunication Market is segmented in Cloud and On-premises.
The
global AI in Telecommunication Market report provides geographic analysis
covering regions, such as Europe, North America, Asia Pacific, and Rest of The
World. The AI in Telecommunication Market for each region is further segmented
for major countries including the U.S., Canada, Germany, the U.K., France,
Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Analysis
Google
LLC, Microsoft Corporation, Nuance Communications, Inc., Infosys Limited, International
Business Machines Corporation and others are among the major players in the
global AI in Telecommunication Market. The companies studied in terms of
product strategy and various n several growth and expansion strategies to gain
a competitive edge in the market. The major players not only follow value chain
integration with business operations in multiple stages of the value chain.
- In October 2020, Infosys Limited, leading market player in
next-generation digital services and consulting finished its successful
acquisition over Blue Acorn iCi, a digital customer experience, commerce and
analytics company. The acquisition is projected to improve the end-to-end
customer experience offerings by Infosys and also is anticipated to help in
tracking their digital transformations.
- In March 2020, Google Cloud declared an exclusive new
strategy to support telecommunications companies digitally transform. Google
Cloud’s strategy emphasizes on three key business results for
telecommunications companies which include engaging customers with data-driven
experiences, monetizing 5G as a business services platform and enhancing
operational efficiency among telecom core systems.
- In May 2019, Vodafone Ltd. signed an outsourcing contract
with IBM Corporation. This collaboration is expected to offer the previous
company with a hybrid cloud-based digital platform to help in better customer
engagement and improve business efficiency.
The global AI in Telecommunication Market has been
segmented as below:
AI in
Telecommunication Market, By Technology
- Machine learning and deep learning
- Natural Language Processing (NLP)
AI in
Telecommunication Market, By Application
- Customer analytics
- Network security
- Network optimization
- Self-diagnostics
- Virtual assistance
- Others
AI in
Telecommunication Market, By Component
AI in
Telecommunication Market, By Deployment Mode
AI in
Telecommunication Market, By Region
- Europe
- North America
- Asia Pacific
- Rest of The World
AI in
Telecommunication Market, By Company
- Google LLC
- Microsoft Corporation
- Nuance Communications, Inc.
- Infosys Limited
- International Business Machines
Corporation
- Apple. Inc.
- AT&T Intellectual Property
- Intel Corporation
- Cisco Systems Inc.
- NVIDIA Corporation
- Atomwise, Inc.
- Amazon
- Sentient Technologies
- Salesforce.com, Inc.
- H2O.ai Inc.
- Colt
- Sense.ly, Inc.
- Lifegraph, Baidu, Inc.
- Globe Telecom
The
report covers the below scope:
- Global AI in Telecommunication
Market sizes from 2020 to 2026, along with CAGR for 2020-2026
- Market size comparison for 2019 vs
2026, with actual data for 2019, estimates for 2019 and forecast from 2020 to
2026
- Global AI in Telecommunication
Market trends, covering comprehensive range of consumer trends &
manufacturer trends
- Value chain analysis covering
participants from raw material suppliers to the downstream buyer in the global AI
in Telecommunication Market
- Major market opportunities and
challenges in forecast timeframe to be focused
- Competitive landscape with analysis
on competition pattern, portfolio comparisons, development trends and strategic
management
- Comprehensive company profiles of
the key industry players
The
years considered for the study are as follows:
- Base year - 2019
- Estimated year - 2019
- Projected year - 2020
- Forecast period - 2021 to 2026
Report
Scope:
The global AI in Telecommunication Market report
scope includes detailed study covering underlying factors influencing the
industry trends. The report covers analysis on regional and country level
market dynamics. The scope also covers competitive overview providing company
market shares along with company profiles for major revenue contributing
companies. The report scope includes detailed competitive outlook covering
market shares and profiles key participants in the global AI in
Telecommunication Market share. Major industry players with significant revenue
share include Google LLC, Microsoft Corporation, Nuance
Communications, Inc., Infosys Limited, International Business Machines
Corporation and others.
Why to
Buy this Report:
- Gain detailed insights on the AI in Telecommunication industry trends
- Find complete analysis on the
market status
- Identify the AI in
Telecommunication Market opportunities and growth segments
- Analyse competitive dynamics by
evaluating business segments & product portfolios
- Facilitate strategy planning and industry
dynamics to enhance decision making
Target
Audience:
- The report targeted towards the existing players in
the industry is as follows:
- Market Manufacturers/Service
Providers
- Market Wholesale/Traders
- Investment and Financial
Institutions
Free
and Paid Customization based on the requirement