Revolutionizing Connectivity: The Role of AI in the Telecommunication Industry
The global AI in telecommunication market size is expected to reach USD 11.29 billion by 2030, according to a new report by Grand View Research, Inc. The market is anticipated to register a CAGR of 28.2% from 2023 to 2030. Communication Service Providers (CSPs) need to bring the intelligence in their system optimization, planning, and operations to address the increasing complexities in communication networks caused due to the deployment of new technology paradigms, such as Network Function Virtualization (NFV) and Software-Defined Wide-Area Networking (SD-WAN). Therefore, the telecommunications industry is exploring and introducing AI to improve network efficiency and customer experience. The telecommunication industry has leveraged technologies, such as cloud computing, big data analytics, and deep learning, to fulfill consumer demands of multimedia services and network security. Also, the intellectualization of communication networks has become pos...