Seattle, WA -- (SBWIRE) -- 10/18/2019 -- AI in Telecommunication Market – Overview:
Artificial intelligence (AI) is an advance technology that has human intelligence and decision making ability. The technology focus on creating intelligent machines with the advanced features like speech recognition, image recognition, visual perception, and translation between languages. The technology has the potential to change the operation and functioning of various industry sector owing to the immense potential it holds to achieve a breakthrough for various ideas. Telecommunication, in particular, has wide scope for the application of Artificial intelligence be it front end, customer service or network performance.

AI in Telecommunication Market - Key Drivers:
Global AI in Telecommunication market is expected to rise on account of increasing number of AI-enabled smartphones. These phones have numerous features such as image recognition, voice recognition, robust security and many as compared to the traditional phones. This is reason it is becoming popular among the users.

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Further, application of AI in Telecommunication is beneficial for telecom operator as well. This is because it provide a simpler and easier interface which helps to cater to complex processes or telecom service. Advent of 5G technologies in mobile networks will give a great boost to AI in telecommunication market.

Artificial intelligence (AI) is a technology that focuses on creating intelligent machines which are able to imitate human intelligence in processes such as speech recognition, decision making, visual perception, and translation between languages. Telecommunication service providers are focusing more on using simple and easier interface to cater to complex processes or telecom service. In network management, AI is expected to redesign the network and help to manage and secure the network.

Technologies that are used in telecommunication industry are machine learning and expert system. The use of machine learning technology is to identify fraudulent calls on mobiles by analyzing the user's calling pattern or behavior.

AI in Telecommunication Market – Segmentation:
The AI in telecommunication market can be segmented based on components, application, and geography. Based on components, the AI in telecommunication market can be segmented into solutions/platform and services. Among these, services can be segmented into professional services and managed services. The solutions/platform segment is further sub-segmented into cloud based and on-premise. Based on application, the AI in telecommunication market can be categorized as predictive maintenance, fraud mitigation, cybersecurity, and intelligent CRM system. Other than this application includes customer analytics, network operations management and marketing virtual digital representative.

Customer analytics is expected to have the largest market share during the forecast period. This is mainly due to growing demand for customer analytics in the telecom industry to analyze customer data, which helps in sales planning and strategies. Based on geography, the AI in telecommunication market can be segmented into Middle East & Africa, Asia Pacific, North America, South America, and Europe. North America is expected to hold the largest market share in the global AI in telecommunication market. In North America, AI in telecommunication is effectively used for different applications, such as network security, network optimizing, and for virtual assistance.

AI in Telecommunication Market - Key Players:
Major players operating in the AI in telecommunication market include Microsoft Corporation, Atomwise, Inc., H2O ai, Sense.ly, Inc., Zebra Medical Vision, Inc., Lifegraph, Baidu, Inc., International Business Machines Corporation, NVIDIA Corporation, Enlitic, Inc., Google, LLC, and Intel Corporation.

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