AI in Telecommunication Market Value
AI simplifies telecom interfaces, cuts costs, and boosts demand for high bandwidth as more users shift to OTT services, driving market growth.
WILMINGTON, DE, UNITED STATES, March 5, 2025 /
EINPresswire.com/ -- According to a new report published by Allied Market Research, the
AI in telecommunication market size was valued at $1.2 billion in 2021, and is estimated to reach $38.8 billion by 2031, growing at a CAGR of 41.4% from 2022 to 2031.
Artificial intelligence (AI) enables the telecom industry to extract insights from their vast data sets and make it easier to manage daily business and resolve issues more efficiently and also provide improved customer service and satisfaction. Artificial intelligence is an advanced technology that can make decisions as human intelligence. This technology focuses on creating an intelligent machine with the advancement in features such as speech recognition, visual recognition, image recognition, and translation between languages that are responsible for propelling the market growth.
Download Sample Report (Get Full Insights in PDF - 280 Pages) at:
https://www.alliedmarketresearch.com/request-sample/A09352
Furthermore, technology also has the potential to change the functioning and operation of various industrial sectors, particularly in telecommunication. Furthermore, key market players are adopting product launch, collaboration and other strategies for enhancing their services in the market and improving customer satisfaction. For instance, in September 2020, Nuance Communications, Inc. and Rakuten Mobile, Inc. formed a strategic partnership to add Nuance Intelligent Engagement AI Services to the Rakuten Communications Platform (RCP). As a result, RCP becomes the first-ever mobile communications, cloud-native, and virtualized platform to have Nuance Conversational and Engagement AI services built-in.
Through the Nuance-Rakuten mobile partnership, RCP offers Rakuten Group companies the ability to leverage conversational AI services; engagement AI services; Nuance mix rapid AppDev environment, an enterprise-grade conversational AI tooling platform that enables organizations to rapidly develop, test, deploy, and optimize virtual assistant, natural language, and speech solutions, reducing development and optimization time by more than 50 percent.
Buy Now & Get Exclusive Report at:
https://www.alliedmarketresearch.com/ai-in-telecommunication-market/purchase-options
Moreover, the increasing penetration of AI-enabled smartphones in the telecommunication industry, and the advent of 5G technology in smartphones are expected to provide major growth opportunities for the market. Since advancements such as 5G technology in mobile and the rising need to monitor content on the telecommunication network to eliminate human error from telecommunication are driving the growth of the market. For instance, the Chinese government is trying to improve its network services and telecommunication services; hence China Telecom Corporation has started a new 5G base station in Lanzhou city. Therefore, these factors are expected to provide numerous opportunities for the expansion of the AI in the telecommunication market during the forecast period.
By deployment mode, the on-premise segment dominated the growth of the AI in telecommunication industry in 2021, and is expected to maintain its dominance in the upcoming years, owing to high level security provided by on-premise model. However, the cloud segment is expected to witness highest growth in the AI in telecommunication market forecast, owing to the rapid adoption of cloud services for remote work as it provide flexibility and scalibilty for businesses.
North America dominates the AI in telecommunication industry. Growth of the market in this region is attributed to several factors such as increase in digitalization and adoption of advanced technologies such as AI and ML by the end users. Moreover, presence of top key players is providing ample growth opportunities for the market growth. However, Asia-Pacific is expected to witness the highest growth rate during the forecast period, owing to rapid expansion of digital infrastructure across the region.
If you have any special requirements, Request customization:
https://www.alliedmarketresearch.com/request-for-customization/A09352
Due to the COVID-19 pandemic, restrictive containment measures involving social distancing, remote working, and the closure of commercial activities forced companies to rearrange their operations to initiate remote working. During this period, telecommunications technology, remote working, and video conferencing have fast emerged as essential business enablers. Moreover, streaming services such as Netflix had also gained a rise among millennials, putting the telecom industry in the center. Thus, the AI in telecommunication market saw a rise in growth due to the pandemic. Hence, the COVID-19 pandemic had a positive impact on the AI in telecommunication market.
Leading Market Players
Intel Corporation
Nuance Communications, Inc.
AT&T
Infosys Limited
ZTE Corporation
IBM Corporation
Google LLC
Microsoft
Salesforce, Inc.
Cisco Systems, Inc.
The report analyzes these key players of the global AI in telecommunication market. These players have adopted various strategies such as expansion, new product launches, partnerships, and others to increase their market penetration and strengthen their position in the industry. The report is helpful in determining the business performance, operating segments, product portfolio, and developments by every market player.
For Purchase Enquiry:
https://www.alliedmarketresearch.com/purchase-enquiry/A09352
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies. This helps us dig out market data that helps us generate accurate research data tables and confirm the utmost data procurement methodology includes deep presented in the reports published by us is extracted through primary interviews with top officials from leading online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: + 1-800-792-5285
UK: +44-845-528-1300
India (Pune): +91-20-66346060
Fax: +1-800-792-5285
help@alliedmarketresearch.com
David Correa
Allied Market Research
+ 1 800-792-5285
email us here
Visit us on social media:
Facebook
Twitter
LinkedIn