The North America AI in Telecommunication Market should witness market growth of 36.6% CAGR during the forecast period (2022-2028).
The use of AI-enabled smartphones, which have more features than traditional phones, such as voice recognition, image identification, and solid security, is accelerating the development of AI in telecommunication market. Moreover, AI in telecommunications offers a simpler and easier interface to accommodate complex operations or telecom services. In addition to all of this, AI also helps to increase the effectiveness of telecommunication networks by enabling them to behave autonomously and make decisions to decrease network congestion, which is not achievable with traditional telecommunication.
In addition, developments like mobile 5G technology and the growing need to monitor material on the communication network are propelling the development of AI in the telecommunications sector. Market expansion is fueled by the expanding use of AI solutions in various telecom applications. The proliferation of AI-enabled smartphones, which have more features than traditional phones, including voice recognition, image identification, and strong security, is accelerating the development of AI in the telecommunication market.
One of the world's biggest OTT markets is in the United States. Increasing demand for VOD content, a high rate of per-user payment, and the increasing penetration of smart devices like smart TVs and smartphones are key drivers propelling the nation's OTT business. A further advantage for the local market is that most of the leading international OTT vendors, such as Netflix and Amazon, are in the US. In addition, the regional AI in telecommunication market's expansion is predicted to be supported by the rapidly growing telecommunications sector.
The US market dominated the North America AI in Telecommunication Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2,660 million by 2028. The Canada market is showcasing a CAGR of 39.7% during (2022-2028). Additionally, The Mexico market would register a CAGR of 38.4% during (2022-2028).
Based on Technology, the market is segmented into Machine Learning, Natural Language Processing (NLP), Data Analytics, and Others. Based on Deployment, the market is segmented into On-premise, and Cloud. Based on Component, the market is segmented into Solution, and Service. Based on Application, the market is segmented into Network Optimization, Virtual Assistance, Customer Analytics, Self-Diagnostics, Network Security, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include NVIDIA Corporation, AT&T, Inc., IBM Corporation, Infosys Limited, Intel Corporation, Microsoft Corporation, Salesforce.com, Inc., ZTE Corporation, Google LLC (Alphabet, Inc.), and Cisco Systems, Inc.
The use of AI-enabled smartphones, which have more features than traditional phones, such as voice recognition, image identification, and solid security, is accelerating the development of AI in telecommunication market. Moreover, AI in telecommunications offers a simpler and easier interface to accommodate complex operations or telecom services. In addition to all of this, AI also helps to increase the effectiveness of telecommunication networks by enabling them to behave autonomously and make decisions to decrease network congestion, which is not achievable with traditional telecommunication.
In addition, developments like mobile 5G technology and the growing need to monitor material on the communication network are propelling the development of AI in the telecommunications sector. Market expansion is fueled by the expanding use of AI solutions in various telecom applications. The proliferation of AI-enabled smartphones, which have more features than traditional phones, including voice recognition, image identification, and strong security, is accelerating the development of AI in the telecommunication market.
One of the world's biggest OTT markets is in the United States. Increasing demand for VOD content, a high rate of per-user payment, and the increasing penetration of smart devices like smart TVs and smartphones are key drivers propelling the nation's OTT business. A further advantage for the local market is that most of the leading international OTT vendors, such as Netflix and Amazon, are in the US. In addition, the regional AI in telecommunication market's expansion is predicted to be supported by the rapidly growing telecommunications sector.
The US market dominated the North America AI in Telecommunication Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2,660 million by 2028. The Canada market is showcasing a CAGR of 39.7% during (2022-2028). Additionally, The Mexico market would register a CAGR of 38.4% during (2022-2028).
Based on Technology, the market is segmented into Machine Learning, Natural Language Processing (NLP), Data Analytics, and Others. Based on Deployment, the market is segmented into On-premise, and Cloud. Based on Component, the market is segmented into Solution, and Service. Based on Application, the market is segmented into Network Optimization, Virtual Assistance, Customer Analytics, Self-Diagnostics, Network Security, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include NVIDIA Corporation, AT&T, Inc., IBM Corporation, Infosys Limited, Intel Corporation, Microsoft Corporation, Salesforce.com, Inc., ZTE Corporation, Google LLC (Alphabet, Inc.), and Cisco Systems, Inc.
Scope of the Study
By Technology
- Machine Learning
- Natural Language Processing (NLP)
- Data Analytics
- Others
By Deployment
- On-premise
- Cloud
By Component
- Solution
- Service
By Application
- Network Optimization
- Virtual Assistance
- Customer Analytics
- Self-Diagnostics
- Network Security
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- NVIDIA Corporation
- AT&T, Inc.
- IBM Corporation
- Infosys Limited
- Intel Corporation
- Microsoft Corporation
- Salesforce.com, Inc.
- ZTE Corporation
- Google LLC (Alphabet, Inc.)
- Cisco Systems, Inc.
Unique Offerings
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America AI in Telecommunication Market, by Technology
1.4.2 North America AI in Telecommunication Market, by Deployment
1.4.3 North America AI in Telecommunication Market, by Component
1.4.4 North America AI in Telecommunication Market, by Application
1.4.5 North America AI in Telecommunication Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Analyst's Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Market Share Analysis, 2021
3.4 Top Winning Strategies
3.4.1 Key Leading Strategies: Percentage Distribution (2018-2022)
Chapter 4. North America AI in Telecommunication Market by Technology
4.1 North America Machine Learning Market by Country
4.2 North America Natural Language Processing (NLP) Market by Country
4.3 North America Data Analytics Market by Country
4.4 North America Others Market by Country
Chapter 5. North America AI in Telecommunication Market by Deployment
5.1 North America On-premise Market by Country
5.2 North America Cloud Market by Country
Chapter 6. North America AI in Telecommunication Market by Component
6.1 North America Solution Market by Country
6.2 North America Service Market by Country
Chapter 7. North America AI in Telecommunication Market by Application
7.1 North America Network Optimization Market by Country
7.2 North America Virtual Assistance Market by Country
7.3 North America Customer Analytics Market by Country
7.4 North America Self-Diagnostics Market by Country
7.5 North America Network Security Market by Country
7.6 North America Others Market by Country
Chapter 8. North America AI in Telecommunication Market by Country
8.1 US AI in Telecommunication Market
8.1.1 US AI in Telecommunication Market by Technology
8.1.2 US AI in Telecommunication Market by Deployment
8.1.3 US AI in Telecommunication Market by Component
8.1.4 US AI in Telecommunication Market by Application
8.2 Canada AI in Telecommunication Market
8.2.1 Canada AI in Telecommunication Market by Technology
8.2.2 Canada AI in Telecommunication Market by Deployment
8.2.3 Canada AI in Telecommunication Market by Component
8.2.4 Canada AI in Telecommunication Market by Application
8.3 Mexico AI in Telecommunication Market
8.3.1 Mexico AI in Telecommunication Market by Technology
8.3.2 Mexico AI in Telecommunication Market by Deployment
8.3.3 Mexico AI in Telecommunication Market by Component
8.3.4 Mexico AI in Telecommunication Market by Application
8.4 Rest of North America AI in Telecommunication Market
8.4.1 Rest of North America AI in Telecommunication Market by Technology
8.4.2 Rest of North America AI in Telecommunication Market by Deployment
8.4.3 Rest of North America AI in Telecommunication Market by Component
8.4.4 Rest of North America AI in Telecommunication Market by Application
Chapter 9. Company Profiles
9.1 NVIDIA Corporation
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expense
9.1.5 SWOT Analysis
9.2 IBM Corporation
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Regional & Segmental Analysis
9.2.4 Research & Development Expenses
9.2.5 Recent strategies and developments:
9.2.5.1 Product Launches and Product Expansions:
9.2.6 SWOT Analysis
9.3 Infosys Limited
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Geographical Expansions:
9.3.6 SWOT Analysis
9.4 Intel Corporation
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expenses
9.4.5 Recent strategies and developments:
9.4.5.1 Product Launches and Product Expansions:
9.4.5.2 Acquisition and Mergers:
9.4.6 SWOT Analysis
9.5 Microsoft Corporation
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expenses
9.5.5 Recent strategies and developments:
9.5.5.1 Partnerships, Collaborations, and Agreements:
9.5.6 SWOT Analysis
9.6 Salesforce.com, Inc.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Regional Analysis
9.6.4 Research & Development Expense
9.6.5 SWOT Analysis
9.7 Google LLC (Alphabet, Inc.)
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expense
9.7.5 Recent strategies and developments:
9.7.5.1 Partnerships, Collaborations, and Agreements:
9.7.6 SWOT Analysis
9.8 Cisco Systems, Inc.
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Regional Analysis
9.8.4 Research & Development Expense
9.8.5 Recent strategies and developments:
9.8.5.1 Acquisition and Mergers:
9.8.6 SWOT Analysis
9.9 ZTE Corporation
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expenses
9.10. AT&T, Inc.
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental and Regional Analysis
9.10.4 Research & Development Expense
Companies Mentioned
- NVIDIA Corporation
- AT&T, Inc.
- IBM Corporation
- Infosys Limited
- Intel Corporation
- Microsoft Corporation
- Salesforce.com, Inc.
- ZTE Corporation
- Google LLC (Alphabet, Inc.)
- Cisco Systems, Inc.
Methodology
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