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.
The Global AI in Telecommunication Market report presents comprehensive information covering insightful data for businesses and investors for the time period of 2020-2027. The report studies the historical data of the AI in Telecommunication market and offers valuable information about the key segments and sub-segments, revenue generation, demand and supply scenario, trends, and other vital aspects. The report offers an accurate forecast estimation of the AI in Telecommunication industry based on the recent technological and research advancements. It also offers valuable data to assist the investors in formulating strategic business investment plans and capitalize on the emerging growth prospects in the AI in Telecommunication market.
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The leading market contenders listed in the report are:
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
Key reasons to buy the Global AI in Telecommunication Market report:
- The latest report comprehensively studies the global AI in Telecommunication market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
- The report offers an insightful analysis of the regional outlook of the market.
- It offers a detailed account of the end-use applications of the products services offered by this industry.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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Market Segmentations of the AI in Telecommunication Market
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
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Regional Outlook of the AI in Telecommunication Market
The global AI in Telecommunication market has been categorized into several important geographical regions, including North America, Europe, Asia Pacific, Latin America, and Middle East Africa. In this section, authors of the report have studied the presence of the global AI in Telecommunication market across major geographies. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.
Key reasons to buy the Global AI in Telecommunication Market report:
- The latest report comprehensively studies the global AI in Telecommunication market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
- The report offers an insightful analysis of the regional outlook of the market.
- It offers a detailed account of the end-use applications of the products services offered by this industry.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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