Industry Background:
Artificial Intelligence with learning abilities is a revolutionary technology, which the communication industry is exploring, with the aim of introducing it into communication networks to provide new services, to improve network efficiency and user experience. Communication is a sector with heavy ICT use, dealing with a variety of consumer demands on individualization requirements, multimedia services, and precision management. AI and Big Data are two of the emerging technologies that are used in the Telecommunications sector extensively, helping CSPs manage, optimize and maintain not only their infrastructure but their customer support operations as well. This paper has highlighted an AI-based network framework for introducing AI in communication networks and services, with SDN/ NFV collaboratively deployment. Technology is already a core part of the telecommunications industry, and as Big Data tools and applications become more available and sophisticated, AI can be expected to continue to grow in this space. The telecommunications industry has been a fertile field of application for AI. Some of the earliest field applications of expert systems were in telecommunications. AI has found a wide application in increasing the efficiency of the telecommunications infrastructure. As operators transition their network architectures with software-defined networking and virtualization technologies that enable automation, AI will leverage these capabilities to self-diagnose, self-heal and self-orchestrate the network. One of the greatest abilities of AI is its ability to gather and process the large volume of data associated with both the network and its devices to better understand, optimize and improve network capabilities through faster decision making.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
Key Companies Profiled | IBM (United States), Microsoft (United States), Intel (United States), AT&T (United States), Cisco Systems (United States), Google, Inc., Nuance Communications (United States), H2O.ai (United States), Salesforce (United States), Nvidia (United States), Sentient Technology (United States) and Infosys (United States) |
This growth is primarily driven by Growing Awareness Regarding Benefit Of Artificial Intelligence in Telecommunications and Emergence Of 5G Smartphones.
Globally, a noticeable market trend is evident Introduction of IoT Technology
The Telecom Services sector in the North America region has been increasing at a sustainable rate, and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as IBM (United States), Microsoft (United States), Intel (United States), AT&T (United States), Cisco Systems (United States), Google, Inc., Nuance Communications (United States), H2O.ai (United States), Salesforce (United States), Nvidia (United States), Sentient Technology (United States) and Infosys (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. AI in Telecommunication market companies operating in these industries are focusing more on efficient growth, improvement of operational efficiency and productivity, achieving high safety standards, and focusing on maintaining sustainable development. The market is highly competitive with a few players occupying the major share. The key players are highly focused on developing and innovating new strategies to maintain their market position and customer base. The companies are coming up with partnerships or agreements along with planning strategic activities such as partnerships, product launches, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Key Developments in the Market:
On 17th July 2019, T&T Communications and Microsoft Corp. are embarking on an extensive, multiyear alliance where the two companies will apply technologies, including cloud, AI, and 5G, to improve how people live and work today and in the future. and On 13th May 2019, SK Telecom and Microsoft Corp. signed a memorandum of understanding (MOU) on May 7 for comprehensive cooperation in leading-edge ICT, including 5G, artificial intelligence (AI) and cloud.
On 25th February 2019, Telefónica and Microsoft Corp. announced a strategic partnership to collaborate on projects to accelerate Telefónica innovation and transform the telecommunications industry. The new agreement will combine the power of Telefónica’s state-of-the-art networks, unique customer proposition and global reach with the Microsoft Azure AI platform to design services telcos will offer in the future.
Influencing Trend:
Introduction of IoT Technology and Increasing Need for Monitoring the Content Spread on Telecommunication Networks
Market Growth Drivers:
Growing Awareness Regarding Benefit Of Artificial Intelligence in Telecommunications and Emergence Of 5G Smartphones
Challenges:
Lack of Skilled Workforce and Issues Regarding Privacy
Restraints:
Rising Concern Regarding Incompatability
Opportunities:
Upsurging demand due to Cloud Platform for AI in Telecommunication and Huge Demand due to Automating Telecommunication Operations in Telecommunication Industry
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in AI in Telecommunication Market
- Analysis about New Entrants in AI in Telecommunication Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, AI in Telecommunication Study Sheds Light on
The AI in Telecommunication Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the AI in Telecommunication industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where AI in Telecommunication industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.