Global Mobile Artificial Intelligence Market Size study & Forecast, by Technology (7 nm, 10 nm, 20-28 nm, Others), by Application (Smartphones, Cameras, Drones, Automobile, Robotics, AR/VR, Others) and Regional Analysis, 2023-2030
Global Mobile Artificial Intelligence Market is valued at approximately USD 13.40 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 26.9% over the forecast period 2023-2030. Mobile Artificial Intelligence (AI) is the integration of artificial intelligence technologies and capabilities into mobile devices such as smartphones, tablets, and wearable gadgets. It involves the deployment of AI algorithms and machine learning models directly on these devices, allowing them to perform complex tasks and make intelligent decisions locally, without the need for a constant internet connection or reliance on cloud-based AI services. The Mobile Artificial Intelligence Market is expanding because of factors such as the increasing penetration of mobile devices, the rise of cognitive computing and the increasing number of AI applications.
Mobile devices constantly collect data through sensors such as GPS, accelerometers, and cameras which generates huge amount of data. It includes location information, user preferences, behavioral patterns, and more. The sheer volume of data generated by mobile devices allows AI algorithms to learn and adapt, making applications smarter and more intuitive, thus rising penetration of mobile devices is driving the market growth. According to Statista, the number of smartphone mobile network subscriptions worldwide in year 2021 stood at 6165.06 million which increased to 6421.78 million in year 2022 and it is projected to reach 77436 million by year 2028. The rising smartphone mobile network subscriptions indicate the rising penetration of mobile devices, resulting in market growth. In addition, rising investment in AI research and development, and growing mergers and partnerships between big tech companies for product development are creating new opportunities for market growth. However, the premium pricing of AI Processors stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Mobile Artificial Intelligence Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the high concentration of market participants, with numerous companies actively contributing to technological advancements. As a result of these companies' ongoing innovations, the region is poised to become a frontrunner in technology adoption and a hub for leading AI solution providers specializing in mobile applications, primarily serving the North American market. Whereas, Asia Pacific is projected to register the fastest growth owing to factors such as rising smartphone penetration, and rising investment in Artificial Intelligence (AI) technologies in the region.
Major market player included in this report are:
Intel Corporation
Microsoft Corporation
Google LLC
Apple Inc
Samsung Electronics Co. Ltd.
Nvidia Corporation
International Business Machines Corporation
Qualcomm Technologies Inc
MediaTek Inc.
Huawei Technologies Co. Ltd.
Recent Developments in the Market:
In March 2023, Qualcomm Technologies, Inc. introduced the Snapdragon 7+ Gen 2 Mobile Platform, setting the stage for exceptional premium experiences exclusive to the Snapdragon 7 series. This innovative platform unlocks a range of capabilities, including 4K HDR videography, enhanced low-light photography, seamless gaming, AI-powered enhancements, and rapid 5G and Wi-Fi connectivity. These remarkable features are driven by the outstanding CPU and GPU capabilities of the Snapdragon 7+ Gen 2, contributing to the expansion of its market share.
In May 2023, IBM Watson technology has been integrated into SAP solutions to deliver fresh insights powered by artificial intelligence. This strategic integration aims to expedite innovation and enhance the efficiency and effectiveness of user interactions across the entire SAP solution portfolio.
Global Mobile Artificial Intelligence Market Report Scope:
Historical Data – 2020 - 2021
Base Year for Estimation – 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered – Technology, Application, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Technology:
7 nm
10 nm
20-28 nm
Others
By Application:
Smartphones
Cameras
Drones
Automobile
Robotics
AR/VR
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
Companies Mentioned
Intel Corporation
Microsoft Corporation
Google LLC
Apple Inc
Samsung Electronics Co. Ltd.
Nvidia Corporation
International Business Machines Corporation
Qualcomm Technologies Inc
MediaTek Inc.
Huawei Technologies Co. Ltd
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