FACTS AT A GLANCE
Edition: 7; Released: May 2021
Executive Pool: 133779
Companies: 818 – Players covered include AT&T; Atomwise, Inc.; Baidu Inc.; Cisco Systems; Enlitic Inc.; Google LLC; H2O.ai; IBM; Infosys; Intel Corporation; Lifegraph; Microsoft Corporation; Nuance Communications; NVIDIA Corporation; Salesforce; Sense.ly, Inc.; Sentient Technologies; Zebra Medical Vision Inc. and Others.
Coverage: All major geographies and key segments
Segments: Application (Customer Analytics, Network Optimization, Network Security, Virtual Assistance, Self-Diagnostics, Other Applications)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
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Global Artificial Intelligence (AI) in Telecommunication Market to Reach $6.5 Billion by 2026
Amid the COVID-19 crisis, the global market for Artificial Intelligence (AI) in Telecommunication estimated at US$1.1 Billion in the year 2020, is projected to reach a revised size of US$6.5 Billion by 2026, growing at a CAGR of 36.1% over the analysis period. Customer Analytics, one of the segments analyzed in the report, is projected to record a 38% CAGR and reach US$3.1 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Network Optimization segment is readjusted to a revised 35.9% CAGR for the next 7-year period.
The U.S. Market is Estimated at $391.3 Million in 2021, While China is Forecast to Reach $990.7 Million by 2026
The Artificial Intelligence (AI) in Telecommunication market in the U.S. is estimated at US$391.3 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$990.7 Million by the year 2026 trailing a CAGR of 34.7% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 32.6% and 30.7% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 25.1% CAGR.
Network Security Segment to Reach US$1.3 Billion by the year 2026
In the global Network Security segment, USA, Canada, Japan, China and Europe will drive the 33.6% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$157.9 Million in the year 2020 will reach a projected size of US$1.2 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More
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