Global Ai In Telecommunication Market Size & Outlook
Global ai in telecommunication market, 2016-2027 (US$M)
Related Markets
Global ai in telecommunication market highlights
- The global ai in telecommunication market generated a revenue of USD 962.2 million in 2020 and is expected to reach USD 9,350.3 million by 2027.
- The market is expected to grow at a CAGR (2021 - 2027) of 38.4% by 2027.
- In terms of segment, customer analytics accounted for a revenue of USD 277.2 million in 2020.
- Virtual Assistance is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2020.
- Country-wise, U.S. is expected to register the highest CAGR from 2021 to 2027.
Global data book summary
| Market revenue in 2020 | USD 962.2 million |
| Market revenue in 2027 | USD 9,350.3 million |
| Growth rate | 38.4% (CAGR from 2020 to 2027) |
| Largest segment | Customer analytics |
| Fastest growing segment | Virtual Assistance |
| Historical data covered | 2016 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Network Security, Network Optimization, Customer Analytics, Virtual Assistance, Self-Diagnostics |
Other key industry trends
- In terms of revenue, the North America accounted for 36.6% of the global ai in telecommunication market in 2020.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2027.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 1,733.9 million by 2027.
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AI In Telecommunication Market Scope
AI In Telecommunication Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global ai in telecommunication market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to ai in telecommunication market will help companies and investors design strategic landscapes.
Customer analytics was the largest segment with a revenue share of 28.81% in 2020. Horizon Databook has segmented the Global ai in telecommunication market based on network security, network optimization, customer analytics, virtual assistance, self-diagnostics covering the revenue growth of each sub-segment from 2016 to 2027.
- Global AI In Telecommunication Application Outlook (Revenue, USD Million, 2016-2027)
- Network Security
- Network Optimization
- Customer Analytics
- Virtual Assistance
- Self-Diagnostics
- Others
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Horizon Databook provides a detailed overview of global-level data and insights on the Global ai in telecommunication market, including forecasts for subscribers. This global databook contains high-level insights into Global ai in telecommunication market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Top 10 countries: Artificial intelligence telecommunication market size, 2020 (US$M)
Global artificial intelligence telecommunication market share, by application, 2020 & 2027 (%, US$M)
Ai in telecommunication market: Opportunity assessment by country
Global ai in telecommunication market, by region, 2020 (US$M)
| Application | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 97.0 | 133.5 | 184.1 | 254.6 | 352.2 | 485.7 | 665.7 | 905.9 | 1,221.4 | 1,633.6 | 2,159.4 | 2,833.2 | 34.7% |
| Europe | 68.3 | 94.4 | 130.7 | 181.6 | 252.3 | 349.8 | 481.9 | 659.3 | 894.0 | 1,202.8 | 1,600.0 | 2,113.2 | 35.5% |
| Asia Pacific | 46.8 | 69.8 | 104.0 | 155.1 | 230.7 | 341.8 | 502.6 | 732.7 | 1,057.2 | 1,511.9 | 2,135.5 | 2,992.1 | 44.2% |
| Latin America | 18.6 | 26.9 | 39.1 | 56.9 | 82.8 | 120.2 | 173.4 | 248.3 | 352.3 | 495.9 | 690.2 | 953.7 | 41.8% |
| MEA | 10.6 | 15.1 | 21.5 | 30.8 | 44.1 | 63.0 | 89.4 | 126.1 | 176.3 | 244.8 | 336.0 | 458.2 | 39.7% |
| Overall | 241.2 | 339.6 | 479.5 | 679.0 | 962.2 | 1,360.5 | 1,912.9 | 2,672.3 | 3,701.1 | 5,089.0 | 6,921.0 | 9,350.3 | 38.4% |
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