This is a preview of the AI in Telecommunications research report from Business Insider Intelligence. Purchase this report. 14-Day Risk Free Trial: Get full access to this and all Connectivity & Tech research reports. 
In the face of rising demand for data, increasingly saturated mobile markets, and stiff opposition from legacy players, tech entrants, and startups, global telecoms are locked in a battle for market share. These market pressures have led to vicious price wars for mobile services and, as a result, declining average revenue per user (ARPU).
Making matters worse, improvements in infrastructure and technology have made telecoms largely comparable in terms of coverage, connection speeds, and service pricing, meaning companies must transform their businesses if they hope to compete.
For many global telecoms, shoring up market share under today's pressures while also future-proofing operations means having to invest in AI. The telecom industry is expected to invest $36.7 billion annually in AI software, hardware, and services by 2025, according to Tractica.
See the rest of the story at Business Insider
See Also:
- Levi's found a way to make hemp feel like cotton, and it could have big implications for your wardrobe
- The best electric toothbrushes
- An American family who moved to Nicaragua for a year to live cheaply ended up blowing their $30,000 budget thanks to unexpected costs — but still spent less than life at home in the US
from Feedburner https://ift.tt/32XI7HP
No comments:
Post a Comment