Global Mobile AI Market 2024-2028
The mobile AI market is forecasted to grow by USD 39.91 bn during 2023-2028, accelerating at a CAGR of 26.78% during the forecast period. The report on the mobile AI market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing smartphone penetration, raising capital investments in AI start-ups, and growing demand for AI in enterprise applications.
Technavio's mobile AI market is segmented as below:
By Component
By Application
- Smartphones
- Automobile
- Robotics
- Others
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the increasing demand for edge computing in IoT as one of the prime reasons driving the mobile AI market growth during the next few years. Also, growing investments in 5G network connectivity and rising number of acquisitions and partnerships will lead to sizable demand in the market.
The report on the mobile AI market covers the following areas:
- Mobile AI market sizing
- Mobile AI market forecast
- Mobile AI market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading mobile AI market vendors that include Alphabet Inc., Apple Inc., Baidu Inc., Beijing Kuangshi Technology Co. Ltd., C3.ai Inc., Huawei Technologies Co. Ltd., Imagination Technologies Ltd., Intel Corp., International Business Machines Corp., MediaTek Inc., Microsoft Corp., NVIDIA Corp., OpenAI L.L.C., Passio Inc., Qualcomm Inc., Samsung Electronics Co. Ltd., SenseTime Group Inc., Tencent Holdings Ltd., ThinkForce, and Dribbble Holdings Ltd.. Also, the mobile AI market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.