PUBLISHER: Grand View Research | PRODUCT CODE: 1575136
PUBLISHER: Grand View Research | PRODUCT CODE: 1575136
The global AI in networks market size was estimated at USD 8.67 billion in 2023 and is expected to grow at a CAGR of 32.5% from 2024 to 2030. The exponential data growth generated by IoT devices, cloud computing, and digital services has created a pressing need for advanced network management solutions. AI technologies help optimize bandwidth, reduce latency, and enhance overall network performance to handle this growing traffic. In addition, organizations are increasingly seeking automation to reduce operational costs and improve efficiency. AI-driven solutions can automate routine network management tasks, such as monitoring, troubleshooting, and configuration, allowing IT teams to focus on more strategic initiatives.
The rise in cyber threats has made network security a top business priority. AI can enhance cybersecurity by providing real-time threat detection, anomaly identification, and automated responses to security incidents, making networks more resilient against attacks. Businesses seek real-time insights from their network data to make informed decisions. AI technologies enable predictive analytics, allowing organizations to anticipate issues before they arise and optimize network performance accordingly.
The introduction of 5G networks and the growth of edge computing require advanced network management solutions. AI plays a crucial role in managing the complexities of these technologies, ensuring seamless connectivity and low latency for applications like autonomous vehicles and smart cities. Furthermore, organizations can achieve significant cost savings by leveraging AI for network management through improved resource allocation and reduced downtime. AI helps identify inefficiencies and streamline processes, leading to better utilization of network resources. The market growth is fueled by organizations' efforts to leverage advanced technologies that enhance network capabilities and meet the evolving demands of digital transformation.
Global AI In Networks Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global AI in networks market report based on the component, deployment, technology, application, end-use, and region: