Techno World Artificial-Intelligence-in-Telecommunication-Marke | Page 2
To solve these issues in the telecom industry, machine learning tools are used, which is used to
tackle the churning prediction problem. The methods used for solving churning problem includes
artificial neural networks, decision trees learning, regression analysis, logistic regression, support
vector machines, naive Bayes, sequential pattern mining and market basket analysis, linear
discriminant analysis, and rough set approach. Hence, the use of machine learning helps to
detect fraudulent calls in mobile phones by examining the user’s calling behavior.
However, lack of availability of cheaper hardware to develop AI-enabled products is the major
factor
restraining
the
growth
of
the
AI
in
telecommunication
market.
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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.
Key Companies
The key industry players include Atomwise, Inc., Lifegraph, Sense.ly, Inc., Zebra Medical Vision,
Inc., Baidu, Inc., H2O ai, IBM Watson Health, NVIDIA, Enlitic, Inc., Google, Inc., Intel Corporation,
Microsoft Corporation, and others.
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