AI in telecommunication market is expected to rise due to increasing number of AI-enabled smartphones and advent of 5G technology in mobile network. AI in telecom help organization to increase their efficiency because with the support of machine learning and artificial intelligence, the telecommunication network have autonomously act and make a qualified decision to reduce network congestion. This is considered as an important factor to boost the market across the globe.
The rising requirement to display content on telecommunication network and surge to remove human error from the telecommunication networks is another factor boosting the growth of the AI in telecommunication market. However, major restraint for the AI in telecommunication market is incompatibility between telecommunication systems and AI technology that leads to integration complexity in network management solutions. Contrarily, growing demand for effective and efficient cloud-based AI solutions in telecommunication industry and increasing penetration of AI enabled smartphones in the telecommunication industry are creating opportunities for AI solution providers.
Al and machine learning are emerging in telecommunication as they help organizations with virtualization and cloud computing. Increasing complexity in networking applications is driving the need for network automation and agility in telecom. Network automation platforms been integrated into the organizations provide timely and reliable management operations.
Latest news and industry developments in terms of market expansions, acquisitions, growth strategies, joint ventures and collaborations, product launches, market expansions etc. are included in the report.
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Key drivers that are propelling the growth of the market included in the report. Additionally, challenges and restraining factors that are likely to curb the growth of the market are put forth by the analysts to prepare the manufacturers for future challenges in advance.
Key industry players such as – AT&T Inc., Cisco Systems Inc., H2O.ai Inc., Google LLC, IBM Corporation, Infosys Ltd., Intel Corporation, Microsoft Corporation, NVIDIA Corporation, and Salesforce.com Inc.
Region covered in this report such as – North America (U.S. and Canada), Europe (Germany, UK, France, and the Rest of Europe), Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific), Latin America (Brazil, Mexico, and the Rest of LATAM) and The Middle East and Africa
Impact of COVID-19 on AI in Telecommunication Market
- Google declared the expansion of the rapid reply virtual manager in the google cloud. The rapid response virtual manager will permit call motivations to quickly execute and manufacture a modified contact community AI virtual specialist to react to questions and issues clients may be encountering due to COVID-19 over voice, social channels and visit.
- Companies that provide business solutions and better network connectivity to end user, essential to modification their attention to provide better applications and home-based solutions to end users.
- Post COVID-19, will bring an increased level of digital access to information and businesses across the globe. CSPs will experience an increase in isolated working among their own workers.
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