The AI in telecommunication market share is witnessing significant growth. Artificial intelligence creates a competitive strength for the telecom industry. Various organizations are boosting their investments to accelerate user growth, augmenting a robust creator economy. There is rising competition in building world-class artificial intelligence (AI) organizations. 

Many of the next-generation telecommunication networks would soon be driven by AI-embedded software crucial for new growth opportunities. Besides, expanding telecom networks to meet the need for highly sophisticated, intelligent, and autonomous network-driven solutions using artificial intelligence increase market demand. 

With the increasing demand for autonomously driven network solutions, the market AI in telecom market is projected to create substantial valuation in the next six years. Market Research Future (MRFR) states that the global AI in telecommunication market is expected to reach exponential valuation by 2030, growing at a massive CAGR during the review period (2022 - 2030). 

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Additionally, digital transformation in various applications increases the use of AI-driven solutions in telecommunication. The rising need for strategies and tools to collect & analyze a large amount of data among telecom service providers creates substantial market demand, enabling them to offer attractive services and improve customer retention. Furthermore, other data sources like user call reports and network data boost the telecommunication market share.

AI in Telecommunication Market   - Segments

The report is segmented into components, deployment modes, technologies, applications, and regions. The component segment is sub-segmented into solutions and services. The sub-segment solution is further bifurcated into network optimization, network security, SDN (software-defined network), and NFV (network function virtualization). 

Similarly, the sub-segment service is further bifurcated into professional service and managed services. The deployment mode segment is sub-segmented into cloud and on-premise. The technology segment is bifurcated into machine learning (ML), deep learning (DL), natural language processing (NLP), and others.

The application segment is sub-segmented into resource utilization & network optimization, traffic classification, anomaly detection, network orchestration predictive, maintenance, and others. 

AI in Telecom Market - Geographical Analysis

North America leads the global AI in telecommunication market, heading with the strong presence of major players. Besides, the availability of innovative AI-enabled telecom, alongside the increasing implementation of cutting-edge technology and the penetration of Internet & smartphones, substantiates the region’s telecommunications market share. The increasing R&D spending for the development of AI algorithms and machine learning, NLP, and other technologies boosts the market size. 

AI in Telecommunication Market   - Competitive Analysis

The market appears extremely competitive and fragmented, with several well-established players forming a competitive landscape. To gain a larger market share, mergers & acquisitions, innovation, and collaboration remain prevailing key trends for these players.

Major players also strive to deliver reliable, leading-edge products and services, making substantial R&D investments in developing adept technologies and products. 

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Major Players: 

Players leading the AI in telecom market include IBM Corporation (US), Huawei Technologies Co. Ltd (China), Microsoft Corporation (US), Cisco Systems (US), Intel Corporation (US), Nuance Communication (US), H2O.ai (US), ZTE Corporation (China), Salesforce (US), Google LLC (US), and Infosys Limited (India), among others. 

Industry/Innovation/Related News: 

June 21, 2021 --- Atrinet, a leading cloud, and AI-based open network automation software provider, announced its partnership with ServiceNow to transform the telecom industry with end-to-end network automation, joining the ServiceNow Partner Program as a Technology Partner. Atrinet’s cloud-native, AI-optimized, open network automation software discovers, monitors, and automates networks & services of global service providers and enterprises.

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