Artificial Intelligence in Telecommunication Market Overview, Opportunities, Demands And Growth Analysis Till 2026
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. However, AI is expected to be more beneficial in
telecom industry, if the operators upgrade their networks to Software Defined
Networks (SDNs), which leads to network virtualization and the deployment of
relatively better cloud-based services.
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Advent of The fifth generation of mobile
networks (5G) and Internet of Things (IoT) technologies, to build future
networks is expected to aid in integration of AI in telecom industry. Mobile
networks have to deal with heterogeneous data coming from all over the world
and from a huge variety of systems, retailers and network types and they should
have the ability to act in real-time. So, the analysis of these huge data sets
from all over the world is time consuming and somewhere it is next to
impossible. In this case Artificial Intelligence plays a key role because it is
used to predict and analyze issues faster than human. Artificial Intelligence
will make the fifth generation of mobile networks more open enabling
connectivity to predictability.
To solve these issues in the telecom industry,
machine learning tools are used, which is used to tackle the churning
prediction problem. The methods used for solving churning problem includes
artificial neural networks, decision trees learning, regression analysis,
logistic regression, support vector machines, naive Bayes, sequential pattern
mining and market basket analysis, linear discriminant analysis, and rough set approach.
Hence, the use of machine learning helps to detect fraudulent calls in mobile
phones by examining the user’s calling behavior.
However, lack of availability of cheaper
hardware to develop AI-enabled products is the major factor restraining the growth
of the AI in telecommunication market.
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Market Taxonomy
On the basis of component, the global
artificial intelligence market in telecommunication industry is segmented into:
- Tools
- Services
On the basis of mode of deployment, the global
artificial intelligence market in telecommunication industry is segmented into:
- Cloud
based
- On
- premises
On the basis of application, the global
artificial intelligence market in telecommunication industry is segmented into:
- Traffic
Classification
- Resource
utilization and Network optimization
- Anomaly
detection
- Prediction
- Network
Orchestration
Market Outlook – North America held the
largest share in global artificial intelligence market in telecommunication
industry in 2016
On the basis of geography, global artificial
intelligence market in telecom industry is classified into North America,
Europe, Asia Pacific, Latin America, Middle East, and Africa. North America
held a dominant position in the global artificial intelligence market in
telecom industry in 2016, and is expected to retain its dominance throughout
the forecast period. This is due to increasing adoption of AI solutions and
consumers in the region been early adopters of new technologies. In November
2017, according to Genpact survey of working population across the developed
economies that included the U.S., the U.K., and Australia showed high
inclination towards adoption of AI in industries including telecommunication.
Genpact is a global professional services firm delivering digital
transformation.
In addition to this, the Asia Pacific market
is estimated to exhibit the highest CAGR over the forecast period. This is
attributed to rising adoption of machine learning and natural language
processing technologies and several 5G pilot projects. This is expected to
boost the AI market in telecom industry. For instance, China Telecom
Corporation Ltd. established a new 5G base station in Lanzhou on December 2017
to expand 5G pilot projects in China.
Key Companies
The key industry players include Atomwise,
Inc., Lifegraph, Sense.ly, Inc., Zebra Medical Vision, Inc., Baidu, Inc., H2O
ai, IBM Watson Health, NVIDIA, Enlitic, Inc., Google, Inc., Intel Corporation,
Microsoft Corporation, and others.
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#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
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