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:
- Consumers' limited knowledge of 5G presents a hurdle for telecoms
- Sprint's lack of mmWave holdings could make the 5G era particularly challenging
- AT&T plans to intertwine its media and connectivity businesses after mediocre Q4 2019 earnings
from Feedburner https://ift.tt/32XI7HP
No comments:
Post a Comment