Artificial Intelligence In Telecommunication Market Updates

Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to artificial intelligence in telecommunication market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.

Artificial Intelligence In Telecommunication Market News

  • In May 2021, the cloud-based artificial intelligence solutions offered by Nokia's AVA Telco AI as a Service enable communication service providers (CSP) to automate capacity planning, network management, and service assurance.

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Global Artificial Intelligence In Telecommunication Market size was valued at USD 2.24 billion in 2023 and is poised to grow from USD 3.16 billion in 2024 to USD 49.03 billion by 2032, growing at a CAGR of 40.9% during the forecast period (2025-2032). 

Through a variety of tactical approaches, including partnerships, M&A, and collaborations, market vendors are concentrating on growing their clientele. For instance, IBM Corp. and Vodafone Ltd. inked an outsourcing agreement. It is envisaged that this relationship will give the previous business access to a hybrid cloud-based digital platform that will facilitate better customer engagement and increase operational effectiveness. In the telecommunications industry, some of the major artificial intelligence players are: 'IBM Corporation (US) ', 'Microsoft (US) ', 'Intel Corporation (US) ', 'Google LLC (US) ', 'AT&T Intellectual Property (US) ', 'Cisco Systems, Inc. (US) ', 'Nuance Communications, Inc. (US) ', 'Evolv Technologies Holdings Inc. (US) ', 'H2O.ai (US) ', 'Infosys Limited (India) ', 'Salesforce, Inc. (US) ', 'NVIDIA Corporation (US) ', 'Telefonaktiebolaget LM Ericsson (Sweden) ', 'Nokia Corporation (Finland) ', 'ZTE Corporation (China) ', 'Amdocs (US) ', 'Bharti Airtel (India) ', 'Amazon Web Services (AWS) (US) ', 'SK Telecom (South Korea) ', 'American Tower Corporation (US) '

Some of the important areas that service providers want to concentrate on while using artificial intelligence and preparing their networks for the move to 5G technology are lowering operating costs and increasing returns on network investments. The growth of artificial intelligence in the telecommunications market will accelerate during the projection period due to its widespread usage for better network performance management.

Governments all over the world are accelerating the rollout of 5G because they recognise how important it is for the digital transformation and want to drive automation and AI in the telecom sector. The Internet of Things (IoT), which is powered by edge computing and AI, and digital transformation are likely to be fueled by fifth-generation technologies across the wireless communication industry. The adoption of AI in the telecom business is probably driven by rising consumer demand for better services and a smooth customer experience.

North America accounted for the largest market share and is predicted to maintain its leadership throughout the forecast years. Due to its dominance for being among the first to adopt cutting-edge technology. The expansion of the region will also be aided by the increasing number of telecom businesses that use automation and AI for network optimization and customer care. For instance, AT&T Intellectual Property introduced edge AI computing-powered mobile 5G in the United States. The AI network security solutions from CUJO LLC are being used by telecom service providers in the US to secure their networks.

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Global Artificial Intelligence in Telecommunication Market
Artificial Intelligence In Telecommunication Market

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