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Generative Artificial Intelligence (AI) In Telecom Industry Report 2025-2034: Market Dynamics, Trends, And Forecasts
Generative Artificial Intelligence (AI) In Telecom
What Is the Expected Generative Artificial Intelligence (AI) In Telecom Market Size During the Forecast Period?
The generative AI in telecom market size will grow from $0.48 billion in 2024 to $0.73 billion in 2025, with a CAGR of 53.5%. The historic growth is attributed to rising demand for better customer service, higher automation adoption, increased over-the-top services, and the growing number of telecom companies.
The generative AI in telecom market size is expected to reach $4.03 billion in 2029 at a CAGR of 53.2%. Growth drivers include AI chatbot adoption, smart city initiatives, digital penetration, IoT device increase, and rising network demands. Key trends include AI technology advancements, innovative telecom solutions, technology integration, digital transformation, and IoT edge computing integration.
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What Are the High-Growth Segments in the Generative Artificial Intelligence (AI) In Telecom Market?
The generative artificial intelligence (AI) in telecom market covered in this report is segmented -
1) By Type: Text-Based, Image-Based, Voice-Based
2) By Component: Software, Services
3) By Deployment: On-Premises, Cloud-Based, Edge, Hybrid
4) By Application: Network Optimization, Predictive Maintenance, Improve Call Center Operations And Customer Support, Personalized Product Or Service Recommendations, Security And Fraud Detection, marketing And Personalized Product Recommendations, Other Applications
Subsegments:
1) By Text-Based: Chatbots And Virtual Assistants, Automated Customer Support, Sentiment Analysis Tools, Text Summarization And Generation
2) By Image-Based: Visual Quality Inspection, Image Recognition Systems, Augmented Reality (AR) Applications, Facial Recognition Technologies
3) By Voice-Based: Voice Assistants, Speech Recognition Systems, Voice Biometrics For Security, Voice Analysis For Customer Insights
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What Key Drivers Are Expected to Influence Future Generative Artificial Intelligence (AI) In Telecom Market Growth?
The expansion of Internet of Things (IoT) devices is anticipated to boost generative artificial intelligence in the telecom market. IoT devices, connected via networks, enable automation and real-time data use. This growth results from tech advances, lower costs, and higher demand for data insights. Generative AI aids in managing these networks efficiently. For instance, Ericsson reported in April 2024 that global IoT connections reached 15.7 billion in 2023, expected to rise to 38.8 billion by 2029. Hence, the growing IoT network is accelerating generative AI in telecom.
Which Companies Hold the Largest Share Across Different Generative Artificial Intelligence (AI) In Telecom Market Segments?
Major companies operating in the generative artificial intelligence (AI) in telecom market are Amazon Web Services, Microsoft Corporation, Verizon Communications Inc., AT&T Inc., Deutsche Telekom AG, Huawei Technologies Co. Ltd., International Business Machines Corporation, Vodafone Group Public Limited Company, Telefónica S.A., Nvidia Corporation, Telefonaktiebolaget LM Ericsson, Capgemini SE, NTT DATA, Infosys Limited, Wipro Limited, Amdocs Limited, Ciena Corporation, NetCr*acker Technology Corporation, UiPath Inc., Gsma Advisory Services Ltd, C3.AI inc, LeewayHertz Technologies Pvt Ltd, Subex Ltd, Alepo Technologies Private Limited, Cresta Intelligence Inc, Xaltius Pte. Ltd., Binmile Technologies Private Limited's, Kanerika
What Generative Artificial Intelligence (AI) In Telecom Market Trends Are Gaining Traction Across Different Segments?
In the telecom market, companies are focusing on solutions like GenAI Telco platforms to enhance customer experience and optimize network performance. NetCr*acker Technology launched the GenAI Telco Solution in September 2023 to help telecom providers enhance customer care, business operations, and network management, integrating AI models to improve operational efficiency and cost savings.
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What Are the Emerging Geographies for The Generative Artificial Intelligence (AI) In Telecom Market Growth?
North America was the largest region in the generative AI in telecom market in 2024. The regions covered in the generative artificial intelligence (AI) in telecom market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Generative Artificial Intelligence (AI) In Telecom Market?
2. What is the CAGR expected in the Generative Artificial Intelligence (AI) In Telecom Market?
3. What Are the Key Innovations Transforming the Generative Artificial Intelligence (AI) In Telecom Industry?
4. Which Region Is Leading the Generative Artificial Intelligence (AI) In Telecom Market?
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