MARKET OVERVIEW
Artificial intelligence enables the telecom industry to extract insights from their vast data sets and made it easier to manage the daily business and resolve issues more efficiently and also provide improved customer service and satisfaction. Artificial intelligence is an advanced technology that has the ability to make decisions as human intelligence. This technology focuses on creating an intelligent machine with the advancement in features like speech recognition, visual recognition, image recognition, and translation between languages that are responsible for propelling market growth.
MARKET SCOPE
The "Global Artificial Intelligence in Telecommunication Market Analysis to 2028" is a specialized and in-depth study of the technology, media and telecommunication industry with a special focus on the global market trend analysis. The report aims to provide an overview of the artificial intelligence in telecommunication market with detailed market segmentation by deployment, component, technology, application and geography. The report provides key statistics on the market status of the leading artificial intelligence in telecommunication market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on deployment, the global artificial intelligence in telecommunication market is segmented into on-premises, cloud
- On the basis of component, the market is segmented into solutions, services
- based on technology, the market is bifurcated into natural learning processing, machine learning and deep learning, others
- Based on application, the market is bifurcated into self diagnostics, virtual assistance, network optimization, customer analytics, network security, others
MARKET DYNAMICS
Drivers:
- Increasing Adoption of AI for Various Applications in the Telecommunication Industry.
- AI Can Be the Key to Self-Driving Telecommunication Networks.
Restraints:
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The artificial intelligence in telecommunication market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the artificial intelligence in telecommunication market in these regions.
IMPACT OF COVID-19 ON ARTIFICIAL INTELLIGENCE IN TELECOMMUNICATION MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the artificial intelligence in telecommunication market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from artificial intelligence in telecommunication market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the artificial intelligence in telecommunication market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Amdocs
- AT and T Inc
- Cisco Systems, Inc.
- H2O.ai.
- Huawei Technologies Co., Ltd.
- IBM Corporation
- Infosys Limited
- Intel Corporation
- Nuance Communications, Inc.
- Telefonaktiebolaget LM Ericsson
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
