Global AI in Telecommunications Market (2021-2026) – By Component, Technology, Application, Mode of Deployment, and Geography

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DUBLIN, October 14, 2021– (BUSINESS WIRE) – The report “Global AI in Telecommunications Market (2021-2026) by Component, Technology, Application, Mode of Deployment, Geography, Competitive Analysis and Impact of COVID-19 with Analysis Ansoff ”has been added to ResearchAndMarkets.com offer.

The global AI in telecommunications market is estimated at $ 1.2 billion in 2021 and is expected to reach $ 6.3 billion by 2026, with a CAGR of 38%.

Key factors such as the advent of 5G technologies in mobile networks, the increasing demand for effective and efficient network management solutions have driven the overall growth of AI in the telecommunications market. The increase in the number of smartphones integrated with AI and the increasing adoption of AI solutions in various telecommunications applications are likely to further drive the growth of the market. Telecom providers commonly use AI for customer service applications, such as chatbots and virtual assistants, to respond to many requests for support for installation, maintenance, and troubleshooting. To improve the customer experience, telecom operators are embracing AI.

Conversely, the incompatibility between telecommunications systems and AI technology, which leads to a complexity of integration into these solutions, is the major brake on market growth. Besides, lack of qualified expertise and issues of privacy and identity of individuals are other factors hampering the growth of the market.

The report includes Competitive Quadrant, a proprietary tool to analyze and assess the position of companies based on their Industry Position Score and Market Performance Score. The tool uses various factors to categorize players into four categories. Some of these factors taken into account for the analysis are financial performance over the past 3 years, growth strategies, innovation score, new product launches, investments, market share growth, etc.

Why buy this report?

  • The report offers a comprehensive assessment of the global AI in the telecommunications market.

  • The report includes in-depth qualitative analysis, verifiable data from authentic sources, and market size projections. Projections are calculated using proven research methodologies.

  • The report has been compiled through extensive primary and secondary research. The main research is done through interviews, surveys and observations of well-known people in the industry.

  • The report includes in-depth market analysis using Porter’s 5 Force Model and Ansoff Matrix. The impact of Covid-19 on the market is also presented in the report.

  • The report also contains competitive analysis using Competitive Quadrant, the analyst’s proprietary competitive positioning tool.

Highlights of the report:

  • A comprehensive market analysis including parent industry

  • Important market dynamics and trends

  • Market segmentation

  • Historical, current and projected market size based on value and volume

  • Market shares and strategies of the main players

  • Recommendations for companies to strengthen their presence in the market

Market dynamics

Conductors

  • Growing adoption of AI for various applications in the telecommunications industry

  • AI may be the key to autonomous telecommunications networks

  • Increased need to monitor content delivery over telecommunications networks

  • Growing demand for effective and efficient network management solutions

Constraints

Opportunities

Challenges

Companies mentioned

  • IBM

  • Microsoft

  • Intelligence

  • Google

  • AT&T

  • Cisco Systems

  • Nuance Communications

  • Sensitive technologies

  • H2O.ai

  • Infosys

  • Selling power

  • Nvidia

  • At the atomic level

  • Sense.ly Inc.

For more information on this report, visit https://www.researchandmarkets.com/r/lkji3

See the source version on businesswire.com: https://www.businesswire.com/news/home/20211014005789/en/

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