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Yahoo
21-07-2025
- Business
- Yahoo
Generative Artificial Intelligence (AI) in Telecom Market Opportunities and Strategies Report 2025-2034
The global generative AI in telecom market is projected to grow from $477.15M in 2024 to $29B in 2034, driven by 5G, IoT, and smart city expansions. North America leads, but Asia-Pacific and the Middle East are the fastest-growing regions. Key players include IBM and Microsoft. Cloud-based solutions are expected to see significant growth. Generative Artificial Intelligence (AI) in Telecom Market Dublin, July 21, 2025 (GLOBE NEWSWIRE) -- The "Generative Artificial Intelligence (AI) in Telecom Market Opportunities and Strategies to 2034" report has been added to report describes and explains the generative artificial intelligence (AI) in telecom market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region. The global generative artificial intelligence (AI) in telecom market reached a value of nearly $477.15 million in 2024, having grown at a compound annual growth rate (CAGR) of 49.87% since 2019. The market is expected to grow from $477.15 million in 2024 to $3.76 billion in 2029 at a rate of 51.15%. The market is then expected to grow at a CAGR of 50.44% from 2029 and reach $29.0 billion in in the historic period resulted from the increasing digital penetration, expansion to rural area, development of smart cities and fraud detection and prevention in telecom. Factors that negatively affected growth in the historic period was lack of skilled professionals in AI. Going forward, the increase in deployment of 5G, increase in cloud computing, demand of IoT and connected devices and the increasing government initiative will drive the growth. Factor that could hinder the growth of the generative artificial intelligence (AI) in telecom market in the future include high implementation costs and cybersecurity America was the largest region in the generative artificial intelligence (AI) in telecom market, accounting for 47.13% or $224.89 million of the total in 2024. It was followed by Asia-Pacific, Western Europe and then the other regions. Going forward, the fastest-growing regions in the generative artificial intelligence (AI) in telecom market will be Asia-Pacific and Middle East where growth will be at CAGRs of 61.94% and 57.92% respectively. These will be followed by Africa and South America where the markets are expected to grow at CAGRs of 55.78% and 54.44% global generative artificial intelligence (AI) in telecom markets is fairly fragmented, with large number of players operating in the market. The top 10 competitors in the market made up 16.43% of the total market in 2023. International Business Machines Corporation (IBM) was the largest competitor with a 2.62% share of the market, followed by Microsoft Corporation with 2.41%, Alphabet (Google LLC) with 2.14%, Inc. with 1.90%, Nokia Corporation with 1.50%, Telefonaktiebolaget LM Ericsson with 1.35%, Intel Corporation with 1.26%, Infosys Limited with 1.11%, Capgemini SE with 1.10% and Amdocs Limited with 1.05%.The generative artificial intelligence (AI) in telecom market is segmented by type into text-based, image-based and voice-based. The text-based market was the largest segment of the generative artificial intelligence (AI) in telecom market segmented by type, accounting for 43.18% or $206.03 million of the total in 2024. Going forward, the voice-based segment is expected to be the fastest growing segment in the generative artificial intelligence (AI) in telecom market segmented by type, at a CAGR of 58.50% during generative artificial intelligence (AI) in telecom market is segmented by component into software and services. The software market was the largest segment of the generative artificial intelligence (AI) in telecom market segmented by component, accounting for 70.30% or $335.45 million of the total in 2024. Going forward, the software segment is expected to be the fastest growing segment in the generative artificial intelligence (AI) in telecom market segmented by component, at a CAGR of 52.60% during generative artificial intelligence (AI) in telecom market is segmented by deployment into on-premises, cloud-based, edge and hybrid models. The on-premises market was the largest segment of the generative artificial intelligence (AI) in telecom market segmented by component, accounting for 46.05% or $219.73 million of the total in 2024. Going forward, the edge segment is expected to be the fastest growing segment in the generative artificial intelligence (AI) in telecom market segmented by component, at a CAGR of 62.71% during generative artificial intelligence (AI) in telecom market is segmented by application into network optimization, predictive maintenance, improved call center operations and customer support, personalized product or service recommendations, security and fraud detection, marketing and personalized product recommendations and other applications. The network optimization market was the largest segment of the generative artificial intelligence (AI) in telecom market segmented by application, accounting for 24.10% or $114.99 million of the total in 2024. Going forward, the security and fraud detection segment is expected to be the fastest growing segment in the generative artificial intelligence (AI) in telecom market segmented by application, at a CAGR of 58.89% during top opportunities in the generative artificial intelligence (AI) in telecom markets segmented by type will arise in the text-based segment, which will gain $1.22 billion of global annual sales by 2029. The top opportunities in the generative artificial intelligence (AI) in telecom markets segmented by component will arise in the software segment, which will gain $2.44 billion of global annual sales by 2029. The top opportunities in the generative artificial intelligence (AI) in telecom markets segmented by deployment will arise in the cloud-based segment, which will gain $1.07 billion of global annual sales by 2029. The top opportunities in the generative artificial intelligence (AI) in telecom markets segmented by application will arise in the network optimization segment, which will gain $722.3 million of global annual sales by 2029. The generative artificial intelligence (AI) in telecom market size will gain the most in the USA at $1.12 strategies for the generative artificial intelligence (AI) in telecom market include focus on adopting strategic partnerships approach to develop advanced telecom solutions, focus on developing innovative business support system (BSS) platforms to enhance customer engagement and operational efficiency, focus on prioritizing the development of AI models tailored for network automation, predictive maintenance, customer service optimization and revenue management, focus on strategic investments for developing advanced AI models, expanding cloud-based solutions and integrating AI into telecom infrastructure to drive efficiency and innovation, focus on developing innovative generative artificial intelligence suites to enhance customer experience, automate network management and optimize operations and focus on prioritizing the development of advanced technological solutions like GenAI Telco platforms to improve customer experience and optimize network strategies in the generative artificial intelligence (AI) in telecom market include focus on expanding business capabilities through partnership to expand its operational capabilities and expanding manufacturing capabilities through innovative take advantage of the opportunities, the analyst recommends the generative artificial intelligence (AI) in telecom focus on enhancing bss platforms with advanced ai integration, focus on developing tailored ai models for telecom operations, focus on strategic investments and infrastructure integration to accelerate growth, focus on developing comprehensive generative ai solutions to enhance efficiency and customer experience, focus on developing genai telco platforms to enhance customer experience and operational efficiency, expand in emerging markets, continue to focus on developed markets, focus on tiered pricing models and value-based monetization, focus on strategic content partnerships and educational outreach, focus on event-driven marketing and thought leadership positioning, focus on developing targeted solutions for telecom Market Trends Strategic Partnerships Driving Generative AI Advancements in Telecom Advancing Telecom Efficiency Through AI-Integrated BSS Platforms Innovative Telecom-Specific AI Models for Network Efficiency AI Investments Fueling Next-Gen Telecom Innovations Revolutionizing Network Management With Generative AI Suites Enhancing Telecom Operations and Sales With AI-Driven Innovation Key Mergers and Acquisitions KDDI Corporation Acquired Elyza Inc. Markets Covered: Type: Text-Based; Image-Based; Voice-Based Component: Software; Services Deployment: on-Premises; Cloud-Based; Edge; Hybrid Application: Network Optimization; Predictive Maintenance; Improved Call Center Operations and Customer Support; Personalized Product Or Service Recommendations; Security and Fraud Detection; Marketing and Personalized Product Recommendations; Other Applications Key Attributes: Report Attribute Details No. of Pages 349 Forecast Period 2024 - 2034 Estimated Market Value (USD) in 2024 $477.2 Million Forecasted Market Value (USD) by 2034 $29000 Million Compound Annual Growth Rate 50.8% Regions Covered Global Companies Featured International Business Machines Corporation (IBM) Microsoft Corporation Alphabet (Google LLC) Inc. Nokia Corporation Telefonaktiebolaget LM Ericsson Intel Corporation Infosys Limited Capgemini SE Amdocs Limited Subex Indosat Ooredoo Hutchison Telkom Indonesia Optus TPG Telecom Macquarie Telecom Group Tata Communications China Telecom China Mobile Baidu Tencent Huawei China Unicom Alibaba Group Nippon Telegraph and Telephone Corporation (NTT) GMO Internet Group SAKURA Internet Inc Highreso SK Telecom LG Uplus Naver Corporation Daewoo Information Systems Bouygues Telecom Deutsche Telekom Tietoevry SparkOptimus EY Iliad S.A Telefonica S.A Telecom Italia (TIM) BT Group plc Vodafone Group plc Telekom Romania Mobile STX Next Deviniti Esperanto Technologies 10Clouds Coherent Solutions Alltegrio Altom Optiva Inc. Rogers Communications Telus Communications Videotron SaskTel Cogeco OpenAI Anthropic Hugging Face Meta Synthesia Accenture Deloitte Netcracker Technology Transaction Network Services (TNS) Amdocs Limited Aira Technologies Inc Brasil TecPar HatchWorks Dualboot Partners Azumo Huawei Technologies Co e& Group Mobcoder Amdocs Aristek Systems Suffescom Solutions Inc Orange MTN Cassava Technologies Safaricom For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Generative Artificial Intelligence (AI) in Telecom Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Sign in to access your portfolio
Globe and Mail
24-06-2025
- Business
- Globe and Mail
Converge Technology Solutions Achieves Premier Reseller Status within the Nutanix Elevate Partner Program
TALLAHASSEE, Fla. , June 24, 2025 /CNW/ - Converge Technology Solutions Corp., now Pellera Technologies, is pleased to announce its Premier Reseller status in the Nutanix Elevate Partner Program. Nutanix Premier Resellers are highly qualified partners and trusted advisors who have demonstrated deep expertise in selling and delivering comprehensive Nutanix Cloud Platform solutions. Their extensive product, administration and services competencies allow them to provide exceptional value and support to their customers. Nutanix's Elevate Partner Program provides partners with a unified program designed to deliver sustainable revenue generating opportunities. With the Elevate Partner Program, Nutanix helps partners reduce business risk and build skills in hybrid multicloud solutions, while providing customers a single platform to run all their apps and data across multiple cloud environments efficiently and cost effectively. "Partnering with Converge Technology Solutions, now Pellera Technologies, is about shared values, trust, and a mutual goal to take great care of our customers. Their elevation to Premier Reseller status is a reflection of Pellera's commitment to evolve with Nutanix and we're excited about what we can accomplish together," said Christian Goffi , VP of Channels, Americas, Nutanix. "We're thrilled to be named a Nutanix Premier Reseller Partner and enable our customers with the benefits of our elevated status with Nutanix," said Greg Berard , Chief Executive Officer of Pellera Technologies, formerly Converge Technology Solutions. "This recognition reflects the commitment and innovation we bring to our partnerships - working closely with Nutanix, we've unlocked new opportunities to transform how enterprises approach hybrid cloud infrastructure. With Nutanix's cutting-edge solutions and our expertise in delivery and managed services, we're empowering businesses to scale efficiently, simplify operations, and thrive in the digital era." A Nutanix Premier Reseller partner is the highest competency level in the Elevate Partner Program and is achieved by partners who have invested into Nutanix expertise with deep sales, technical and services delivery competencies who consistently sell the full Nutanix portfolio. With this program Nutanix focuses on investments and tools that enable partners to grow their business as they support customers in adopting hybrid multicloud solutions. More details on the Nutanix Elevate Partner Program can be found at About Converge Converge Technology Solutions Corp., now Pellera Technologies, is reimagining the way businesses think about IT—a vision driven by people, for people. Since 2017, we've focused on delivering outcomes-driven solutions that tackle human-centered challenges. As a services-led, software-enabled, IT & Cloud Solutions provider, we combine deep expertise, local connections, and global resources to deliver industry-leading solutions. Through advanced analytics, artificial intelligence (AI), cloud platforms, cybersecurity, digital infrastructure, and workplace transformation, we empower businesses across industries to innovate, streamline operations, and achieve meaningful results. Our AIM (Advise, Implement, Manage) methodology ensures solutions are tailored to our customers' specific needs, aligning with existing systems to drive success without complexity. Discover IT reimagined with Converge—where innovation meets people. Learn more at
Finextra
03-06-2025
- Business
- Finextra
Rand Merchant Bank signs with Surecomp
Surecomp today announced that Rand Merchant Bank (RMB), has selected its award-winning Trade Finance-as-a-Service (TFaaS) solution to drive seamless digital trade finance operations and international expansion. 0 With an initial rollout in South Africa, the cloud-based solution will be extended to other markets as RMB strengthens its presence across key global markets. Surecomp's TFaaS will ensure straight-through processing (STP) automation and seamless trade finance communication between RMB and its clients, enabling faster processing times and enhanced operational oversight. The solution's cloud-native architecture ensures resilience, security and future-proof scalability. 'An API-first technology architecture is critical to our modernization journey, to support interoperability, scalability and flexibility in our system design, and accelerate innovation and time to market. This approach supports an omnichannel experience where clients and the broader trade finance ecosystem can interact with banking services in various ways,' said Gavin Moss, Chief Information Officer - Treasury and Trade Solutions at RMB. The adoption of TFaaS represents a strategic shift for RMB, enabling streamlined trade finance operations with reduced capital expenditure and cost of ownership through a fully SaaS-based model. The move to the cloud ensures certainty of costs while offering the infrastructure to support future transaction growth and volume increases. Additionally, the solution ensures regulatory compliance, including adherence to SWIFT messaging standards, minimizing operational risk while enhancing transaction transparency and efficiency. "As we continue to expand our international trade finance footprint, it is imperative that we leverage best-in-class technology to ensure efficiency, compliance, and superior client service," said Louis du Plessis, Executive Head - Trade and Working Capital at RMB. "Surecomp's TFaaS solution provides the automation, integration and cost predictability we need to meet our growth ambitions while seamlessly supporting our clients' evolving trade finance requirements." "We are proud to partner with RMB in its digital trade finance transformation journey," said Tal Weiser, Chief Revenue Officer at Surecomp. "By choosing TFaaS, RMB is embracing a cloud-first approach to trade finance, benefiting from straight-through processing, lower operational costs, and a scalable solution that aligns with their long-term strategic growth objectives."
Tahawul Tech
13-05-2025
- Business
- Tahawul Tech
Redington earns AWS Security Competency Designation
Redington, a leading technology aggregator and innovation powerhouse across emerging markets, has announced a major milestone: achieving the AWS Security Competency in the Infrastructure Protection category. This designation positions Redington as the first AWS Partner in the Middle East to achieve Security Competency – and the first distributor globally to secure designation in the Infrastructure Protection category. The AWS Security Competency recognizes partners who have demonstrated deep expertise in securing AWS environments, validated through rigorous technical and proven customer success. Infrastructure Protection is one of the eight specialised categories under this competency, focusing on fortifying networks, applications, and workloads against evolving threats. 'Security has become the cornerstone of every cloud journey, especially as enterprises scale migrations to AWS', said Nehal Sharma, Vice President, Cloud Solutions Group, Redington. 'Achieving the AWS Security Competency in Infrastructure Protection is a proud moment — not just because it's a badge of honour, but because it reflects our deep commitment to helping customers build, manage, and secure their cloud environments with complete confidence'. Redington's journey toward this competency involved a 12-month transformation, including the creation of a dedicated Security Practice team and the upskilling of its cloud delivery engineers — with 8 team members earning the AWS Certified Security–Specialty certification. The company institutionalised security best practices across its operations, from automating controls using Infrastructure as Code, to deploying centralised frameworks with AWS Control Tower, and ensuring continuous compliance with AWS Config, Inspector, and Security Hub. Achieving this competency has significantly strengthened Redington's market position. It has enhanced trust with partners and customers, especially in secure migration and managed services, and deepened collaboration with AWS teams and ISV partners to co-create integrated security offerings across identity, endpoint, and data security. 'This milestone validates the strength of our security practice — but more importantly, it's a catalyst for us to keep innovating', added Sharma. 'Our mission is to make world-class cloud security accessible to every customer in the region, ensuring they can scale confidently in an increasingly complex threat landscape'. Image Credit: Redington
Yahoo
26-03-2025
- Business
- Yahoo
Buy the Dip: 3 Stocks to Buy Today and Hold for the Next 5 Years
Written by Sneha Nahata at The Motley Fool Canada The macro uncertainty has weighed on the top TSX stocks, lowering their prices. However, this dip represents a buying opportunity in shares of companies with strong fundamentals and significant growth prospects. With this background, here are three stocks to buy today and hold for the next five years. Shopify (TSX:SHOP) stock has dropped 14.5% from its 52-week high on broader macro concerns. However, this dip might be an attractive entry point for long-term investors as Shopify's fundamentals remain solid. The company continues to perform exceptionally well, with steady revenue growth and improving profitability. It's worth noting that Shopify is expanding its merchant base and attracting high-volume global brands. This strengthens its position in the e-commerce space. Further, its gross merchandise volume (GMV) continues to rise, driving its top line. Beyond top-line growth, Shopify is focused on boosting its operational efficiency. The company has reported nine consecutive quarters of positive free cash flow. Shopify's durable revenue, asset-light business model, focus on improving margins, and strong free cash flow position it well to navigate economic headwinds and deliver above-average returns. The increasing adoption of its integrated commerce platform, expansion into offline retail, and opportunities in the B2B sector all provide significant upside potential. Additionally, international markets, particularly outside North America, represent a significant growth opportunity as e-commerce adoption accelerates globally. Overall, Shopify is well-positioned to deliver solid growth in the coming years. Celestica (TSX:CLS) stock has dipped 32.7% from its 52-week high of $206.57, presenting a compelling opportunity to buy and hold this high-growth stock for the next five years. The company stands to gain from rising artificial intelligence (AI) infrastructure spending, with strong growth in its Connectivity & Cloud Solutions (CCS) segment, particularly in networking products. The demand for Celestica's 400G networking switches is already strong, and the company is ramping up next-generation 800G switches, which will further accelerate growth. As AI adoption expands and training costs decline, the need for high-bandwidth, low-latency networking hardware will surge, boosting Celestica's financials. Beyond AI, Celestica's industrial business is showing signs of recovery after a slowdown caused by macroeconomic factors and customer inventory adjustments. Management expects volumes to pick up in the second half of 2025. Meanwhile, demand for capital equipment has been improving and is projected to strengthen further as new programs ramp up. In its Aerospace and Defense segment, steady base demand and new program wins provide additional stability and long-term growth potential. With multiple tailwinds, Celestica is well-positioned to capitalize on AI-driven infrastructure investments and a broader recovery in its other segments. WELL Health (TSX:WELL) stock has dropped about 28% from its 52-week high. This dip presents an opportunity to buy the shares of this digital healthcare company, which is growing rapidly. The company's top line is growing at a healthy pace, driven by higher omnichannel patient visits and benefits from acquisitions. WELL Health will deliver solid growth, driven by ongoing strength in organic sales and its robust acquisition pipeline. At the same time, it's leveraging AI to develop innovative products that will enhance patient care and strengthen its financial position. Beyond expansion, WELL Health is taking steps to strengthen its financial position. It has been working on increasing cash flow, paying debt, and keeping share dilution in check. Additionally, its ongoing cost optimization efforts are expected to improve profitability, helping the company maintain its growth trajectory and deliver strong returns to investors. From a valuation perspective, WELL Health stock looks attractive. It trades at a next-12-month enterprise value-to-sales multiple of 1.6, which is lower than its historical average. This suggests the stock is undervalued, offering investors an excellent entry point. The post Buy the Dip: 3 Stocks to Buy Today and Hold for the Next 5 Years appeared first on The Motley Fool Canada. Before you buy stock in Celestica Inc., consider this: The Motley Fool Stock Advisor Canada analyst team just identified what they believe are the Top Stocks for 2025 and Beyond for investors to buy now… and Celestica Inc. wasn't one of them. The Top Stocks that made the cut could potentially produce monster returns in the coming years. Consider MercadoLibre, which we first recommended on January 8, 2014 ... if you invested $1,000 in the 'eBay of Latin America' at the time of our recommendation, you'd have $20,697.16!* Stock Advisor Canada provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month – one from Canada and one from the U.S. The Stock Advisor Canada service has outperformed the return of S&P/TSX Composite Index by 29 percentage points since 2013*. See the Top Stocks * Returns as of 3/20/25 More reading Best Canadian Stocks to Buy in 2025 Here's Exactly How $15,000 in a TFSA Could Grow Into $200,000 4 Secrets of TFSA Millionaires Beginner Investors: 4 Top Canadian Stocks to Buy for 2025 5 Years From Now, You'll Probably Wish You Grabbed These Stocks Subscribe to Motley Fool Canada on YouTube Fool contributor Sneha Nahata has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Shopify. The Motley Fool has a disclosure policy. 2025 Sign in to access your portfolio
