AI in Telecommunication Market to Reach USD 3.74 Billion By 2026 | IBM, Microsoft, Intel, Google

The AI in telecommunication market is expected to grow from USD 0.80 billion in 2018 to USD 3.74 billion by 2026, at a CAGR of 18.6% during the forecast period. The driving factor for growth being the enhanced growth of AI different telecommunication industries and the need to check the security for the contents shared on telecommunication network.

This is the latest report that is inclusive of the current effect of the coronavirus on the market and its forecasted trend. The coronavirus attack on the world economy has impacted all, and thus its impacts are elucidated in-depth in the report for the AI in Telecommunication market.

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Based on region, the market is being segmented into Europe, APAC, North America, and Row. The largest share of about 40.0% is being brought by Asia Pacific in the global market and is expected to hold the place in terms of both usage and manufacturing in the upcoming years. The key contributors to the regional growth are Taiwan, Japan, and China.

Some of the dominant and influential players in the AI in Telecommunication market are:              

 IBM (US), Microsoft (US), Intel (US), Google (US), AT&T (US), Cisco Systems (US),  ai (US), Infosys (India), Salesforce (US), and NVIDIA (US).

AI in Telecommunication Market Size – USD 0.80 billion in 2018, Growth - CAGR of 18.6%, Trends – monitoring the content shared in telecommunication network and growing demand for Ai-enabled smartphones.

The market is heavily consolidated owing to a large number of global, regional, and local key contenders having already established a significant footing. The key participants dominate the operations in the industry with their extensive geographical coverage and huge production facilities. Players operating in this market are in intense competition in terms of technological innovations, product development, and product pricing. To gain a competitive edge over the other competitors in the industry, the leading players are focusing more on ways to offer products at attractive prices.

Key highlights of the AI in Telecommunication Reports:

The report encompasses segmentation and market information break down, including key participants. If you are involved in the Global AI in Telecommunication industry or aspire to be involved, this report is a must-have. The report makes an in-depth study on the market share, growth rate, market drivers, future trends, restraints, opportunities, and challenges.

For the purpose of this report, the market has been segmented on the basis of deployment, Technology, Application and region:

Deployment mode (Revenue, USD Million; 2016–2026)

cloud
on premise

Use (Revenue, USD Million; 2016–2026)

Customer analysis
Network optimization
Network security
Self-diagnosis
Virtual assistants

Technology (Revenue, USD Million; 2016–2026)

Machine & deep learning
Natural learning

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Regional Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)

North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)

Understanding the market size:

The size of the AI in Telecommunication market is viewed in terms of the Share of Market, Total Available Market as well as Served Available Market. Not only does the study present the combined revenue for a particular market but also the market size for a specific geographic region. Analysis of percentage or the size of the Total Available Market based on the type of product, technology, regional constraints and others form an important part of the AI in Telecommunication report.

Further key findings from the report suggest

-Growth of AI in Telecommunication Market is directly fueled by the enhanced growth of AI in different telecommunication industries and need to check the content shared in telecommunication industry. The Ai in telecommunication market is expected to grow from USD 0.80 billion in 2018 to USD 3.74 billion by 2026, at a CAGR of 18.6% during the forecast period

-The growth of AI in different telecommunication industries and need to check the content shared in telecommunication industry are one of the factors expected to drive the market. However, the issues faced with incompatibility and scarcity of professionals may act as the restraining factors for the growth of the market.

-Based on deployment type, the market is segmented as on cloud, on premise. The cloud deployment uses less expensive algorithms to perform along with the features of being flexible, easy and quite affordable, which makes it the faster growing deployment type accepted by various industries than the on premise. The installation and maintenance cost is also affordable than the on premise.

-Based on Use, the market is segmented as customer analysis, network optimization, network security self-diagnosis and virtual assistants. Virtual assistants uses AI to follow commands and instructions given by the user. One such example of virtual assistance is the online retailer spring that was one of the first among all to initiate the use of Facebook’s messenger’s Bot store to offer personal shopping assistance for the shoppers by engaging them in a simple conversations….Continued

Reasons to buy this market intelligence report:

>Detailed market evaluation both at regional and global levels.

>Significant changes in market scenario, along with an extensive competitive analysis.

>Classification of the industry based on product type, application, and region.

>Market segments segregated on the basis of type, application, and geography.

>Comprehensive analysis of the historical data and contemporary market scenario to infer industry size, volume, share, growth, and sales.

>Investigation of significant developments in the market dynamics.

>Niche market segments and regions.

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Also, the customizations are available for this report and can be availed by the purchaser. The customizations can be made on the basis of the selected regions or participants.

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