vandanamanturgekar
 
 
  Joined: 06 Feb 2024 Posts: 43
 
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				 Posted: Fri Apr 26, 2024 10:21 am    Post subject: AI in Telecommunication Market Revenue, Driving Factors, Key | 
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				The global Artificial Intelligence (AI) in telecommunication market size was USD 1.70 Billion in 2022 and is expected to register a rapid revenue CAGR of 41.4% during the forecast period. Rising adoption of AI solutions in various telecom applications, increased need for monitoring the content spread on telecommunication networks, and advent of Fifth Generation (5G) technology in smartphones are key factors driving market revenue growth. Artificial Intelligence (AI) in telecom uses software & algorithms to estimate human perception, to analyze big data such as data consumption, call record, and use of the application, to improve the customer experience. Telecom companies use AI primarily for customer service applications, for instance, use of chatbots and virtual assistants to address various support requests for installation, maintenance, and troubleshooting.  Field and service operations make up 60% to 70% of the majority of telecommunications operational budgets, which can be resolved by applying Artificial Intelligence (AI) for its immediate and significant benefits.
 
 
The report pays special attention to the key elements of the market, such as drivers, restraints, opportunities, threats, risks, limitations, and other aspects. The report covers a comprehensive analysis of the competitive landscape with a detailed analysis of the company profiles, product portfolio, and business expansion strategies. The research study also provides a complete analysis of the market drivers, restraints, limitations, threats, risks, and growth opportunities.
 
 
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 Key Players operating in the industry are:
 
 
IBM Corporation, Google LLC, Microsoft, Intel Corporation, AT&T Intellectual Property, Infosys Limited, Salesforce, Inc., Cisco Systems, Inc., Nuance Communications, Inc., NVIDIA Corporation, Sentient.io, H2O.ai, Evolv AI, ZTE Corporation, and Huawei Technologies Co., Ltd
 
 
Radical Features of the AI in Telecommunication Market Report:
 
 
The report encompasses AI in Telecommunication market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
 
An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
 
Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
 
Supply chain analysis along with technological advancements offered in the report
 
The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the AI in Telecommunication industry
 
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Segmentation:
 
 
Component Outlook (Revenue, USD Billion; 2019-2032)
 
Solutions
 
Software Tools
 
Platforms
 
Services
 
Professional Services
 
Managed Services
 
Deployment Mode Outlook (Revenue, USD Billion; 2019-2032)
 
On-Premise
 
Cloud
 
Technology Outlook (Revenue, USD Billion; 2019-2032)
 
Machine Learning (ML)
 
Natural Language Processing (NLP)
 
Others
 
Regional Analysis Covers:
 
 
North America (U.S., Canada)
 
Europe (U.K., Italy, Germany, France, Rest of EU)
 
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
 
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
 
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
 
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