Global Artificial Intelligence (AI) for Telecommunication Industry valued approximately USD 651.2 million in 2017 is anticipated to grow with a healthy growth rate of more than 42% over the forecast period 2019-2025. The Artificial Intelligence (AI) for Telecommunication Industry is continuously growing in the global scenario at significant pace. Artificial intelligence (AI) is group of methodology that focus on formation of intelligent machines with the help of human intelligence such as visual perception, speech recognition, decision-making, and translation between languages. The main application of artificial intelligence in telecommunications is for network management. The two key technologies that are widely in telecommunication industry are expert systems and machine learning. Transformation of communications service providers to digital service providers, complexity of service offerings demand automation and emergence of fifth generation mobile networks along with internet of things are the substantial driving factors of the Industry during the forecast period. Moreover, rising focus on AI technologies with upcoming wireless technologies is the major factors that likely to create numerous opportunity in the near future. In addition, Artificial Intelligence (AI) for Telecommunication improve interaction with data coupled with better end-point control are another factors that impelling the growth in the Industry of Artificial Intelligence (AI) for Telecommunication during the forecast period. However, slow rollout of software-defined networks and network function virtualization and lack of skilled professionals are the factors that limiting the growth of the Industry across the world.
The regional analysis of Global Artificial Intelligence (AI) for Telecommunication Industry is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of Industry share due to rising R&D in autonomous vehicle, healthcare, cybersecurity and security and presence of access control technologies in the region. Europe is estimated to grow at stable growth rate in the global Artificial Intelligence (AI) for Telecommunication Industry over the upcoming years. Further, Asia-Pacific anticipated to exhibit higher growth rate / CAGR over the forecast period 2019-2025 owing to rising investment on AI technologies in the region.
Artificial Intelligence (AI) for Telecommunication Industry Share and Size by 2019-2025
Artificial Intelligence (AI) for Telecommunication Market Segmentation:
Resource Utilization & Network Optimization
* North America
- Rest of Europe
- Rest of Asia-Pacific
- Latin America
- Middle East & Africa
Major Market Players in Artificial Intelligence (AI) for Telecommunication Market are as follows:
Zebra Medical Vision Inc.