ARTIFICIAL INTELLIGENCE IN TELECOMMUNICATION MARKET ANALYSIS

Regional Analysis

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.