June 7TH,2022/IndustryNewsGlobal/ -- This new report from Stratview Research analyses the Artificial Intelligence (AI) in Telecommunication Market over the trend period from 2014 to 2019 and forecast period from 2022 to 2026. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.
Artificial Intelligence (AI) in Telecommunication Market Overview:
The sudden outbreak of the COVID-19 has led to unforeseen fluctuations across many industries and the Artificial Intelligence (AI) in Telecommunication Market is no different. Derived from the previous market scenario, the Artificial Intelligence (AI) in Telecommunication Market is likely to witness an impressive CAGR of 37.7% during the forecast period but with the global crisis in action, the growth curve has deviated from its expected path and exhibits an uncertain trajectory at present.
Key Players:
The Artificial Intelligence (AI) in Telecommunication Market is segmented by–
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Regional analysis:
By region, the North America market held the highest market share in 2020 and is projected to grow at a fastest CAGR in the coming years. This is ascribed to large presence of major players, early adoption of new and emerging technologies such as Big Data and AI. Also, an increasing number of telecom companies are using automation and AI for customer service & network optimization purposes, which bolsters the regional market growth during the review period.
About Stratview Research
Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.
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The target audience of Artificial Intelligence (AI) in Telecommunication Market includes Artificial Intelligence (AI) in Telecommunication companies, Artificial Intelligence (AI) in Telecommunication distributors, Telecommunication companies, Government organizations.
Increasing Over-The-Top (OTT) services, such as video streaming, have altered the consumption and dissemination of audio & video content. With more people switching to OTT services, the consumer demand for bandwidth has grown significantly, thus driving the market growth.