What is AI and Operations Automation in 5G Networks Market?
Integration of artificial intelligence in the 5G network enables to fix problems and helps to improve network performance. Operations automation in the network reduces the errors in the operation and service management. The increasing demand for high-speed network connectivity due to the digital transformation of businesses and the high adoption of digital devices has led telecom operators to integrate AI and operation automation to offer enhanced network connectivity.
The market study is being classified and major geographies with country level break-up.
Ericsson (Sweden), IBM (United States), Google (United States), Microsoft (United States), Nokia Networks (Finland), DriveNets (Israel), Hewlett Packard Enterprise (United States), Thales Group (France), AWS (United States) and Huawei (China) are some of the key players profiled in the study.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global AI and Operations Automation in 5G Networks market throughout the predicted period.
Analyst at AMA have segmented the market study of Global AI and Operations Automation in 5G Networks market by Type, Application and Region.
On the basis of geography, the market of AI and Operations Automation in 5G Networks has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increased Focus on Integration of AI in 5G Networks to Maximize Efficiency and Network Performance
- Surging Demand for High Bandwidth and Dynamic Connectivity Due to Rapid Installation of Cloud-based Solutions
- Shifting of Telcos to AI and Operation Automation in 5G Networks
- Limited Global Coverage of 5G Networks
- Introduction of 5G Programmable Networks Will Create Significant Opportunities
- Cybersecurity Concern Due to Lack of Encryption
Market Leaders and some development strategies
In June 2021, Google joined O-RAN Alliance to help make AI-powered 5G networks. O-RAN is a consortium of carriers and tech firms that is working to make telecommunication infrastructure more efficient. O-RAN is looking to enhance carriers’ cell towers by leveraging technological advancements like AI/ML. By joining the O-RAN, Google will offer its AI-enabled software that is compatible with the O-RAN specification to manage the network and optimize connections.
Key Target AudienceNew Entrants/Investors, Analysts and Strategic Business Planners, AI and Operation Automation in 5G Networks Providers, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-Users and Others
Frequently Asked Questions (FAQ):
1. Which factors would majorly drive the AI and Operations Automation in 5G Networks Market?
"Increased Focus on Integration of AI in 5G Networks to Maximize Efficiency and Network Performance
" is seen as one of major growth factors of AI and Operations Automation in 5G Networks Market in years to come.
2. Can we have customized study for AI and Operations Automation in 5G Networks Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. Which region will lead the Global AI and Operations Automation in 5G Networks Market?
United States will lead AI and Operations Automation in 5G Networks Market in coming years.