AI in Telecommunication Market Scope
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.
The market study is being classified by Type (Solutions [Software Tools, Platforms] and Services [Professional Services, Managed Services]), by Application (Customer Analytics, Network Security, Self-Diagnostics, Network Optimization, Virtual Assistance and Others) and major geographies with country level break-up.
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global AI in Telecommunication market throughout the predicted period.
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) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Hewlett Packard Enterprise (HP) (United states), Vodafone Group Plc (United Kingdom) and Baidu Inc. (China).
AdvanceMarketAnalytics has segmented the market of Global AI in Telecommunication market by Type, Application and Region.
On the basis of geography, the market of AI in Telecommunication has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2018. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. If we see Market by Deployment Mode, the sub-segment i.e. Cloud will boost the AI in Telecommunication market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technology, the sub-segment i.e. Machine Learning & Deep Learning will boost the AI in Telecommunication market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
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.
- Introduction of IoT Technology
- Increasing Need for Monitoring the Content Spread on Telecommunication Networks
- Growing Awareness Regarding Benefit Of Artificial Intelligence in Telecommunications
- Emergence Of 5G Smartphones
- Upsurging demand due to Cloud Platform for AI in Telecommunication
- Huge Demand due to Automating Telecommunication Operations in Telecommunication Industry
- Rising Concern Regarding Incompatability
- Lack of Skilled Workforce
- Issues Regarding Privacy
Key Target AudienceAI in Telecommunication Solution/Service Vendors, Technology Providers, Telecommunication Companies, Research Organizations and Consulting Companies, Research Institutes, Industry Associations, Market Research and Consulting Firm and Others
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