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Mobile Artificial Intelligence Market worth $81.51 billion by 2030, growing at a CAGR of 24.61% - Exclusive Report by 360iResearch
Mobile Artificial Intelligence Market | 360iResearch
The Global Mobile Artificial Intelligence Market to grow from USD 17.46 billion in 2023 to USD 81.51 billion by 2030, at a CAGR of 24.61%.
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Mobile artificial intelligence (AI) refers to deploying advanced AI algorithms and models on mobile devices, enabling these devices to learn from data, make predictions, and make autonomous decisions in real-time. This transformative technology enhances user experiences through personalized content, improved device performance, and novel applications such as real-time language translation and image recognition. The proliferation of mobile AI is primarily fueled by the exponential increase in mobile computing power, advancements in AI and machine learning technologies, and the escalating demand for smarter, context-aware mobile applications. The increasing popularity of home automation devices is also expanding the use of mobile AI. Irrespective of its benefits, mobile AI faces challenges, including privacy concerns, limited processing capabilities compared to cloud-based systems, and high energy consumption impacting device battery life. Addressing these issues involves optimizing AI algorithms for mobile platforms, ensuring strict data security and privacy measures, and developing energy-efficient AI models. The advancements in mobile AI technologies and their exponential use in automotive and wearable devices are expected to create immense opportunities for commercialization. Partnerships between mobile AI providers and mobile device companies across industries are accelerating the development of improved mobile AI versions.
The Americas stands as a major region in the innovation and application of mobile AI, fostered by pioneering tech companies and startups. This region benefits from significant R&D investments and a robust ecosystem supporting AI startups, which propels its dominance in AI application development and deployment in mobile technologies. The APAC region, led by countries such as China and South Korea, showcases rapid adoption rates coupled with substantial government backing in AI technologies, making it a considerable force in the production and use of mobile AI. The focus in APAC is more on the integration of AI in consumer electronics and mobile services. APAC also observes the rise of small-scale startups in AI backed by angel investors, particularly in the healthcare and retail sectors. With AR & VR technologies gaining popularity in the region's gaming sector, the adoption of mobile AI is expected to rise further. EMEA, with its diverse landscape, navigates through a more regulated environment, particularly in the EU, which impacts the pace of AI integration into mobile technology. This region excels in research and the formulation of ethical AI guidelines, presenting a balanced approach between innovation and regulation. Companies in EMEA heavily invest in adopting AI to enhance user privacy and data security in mobile applications, aligning with the stringent GDPR standards.
Market Segmentation & Coverage:
This research report categorizes the Mobile Artificial Intelligence Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Technology Node, market is studied across 10nm, 20-28nm, and 7nm. The 20-28nm commanded largest market share of 34.70% in 2023, followed by 10nm.
Based on Functionalities, market is studied across Image Recognition, Intelligent Virtual Assistants, Predictive Text, and Voice Recognition. The Intelligent Virtual Assistants commanded largest market share of 31.23% in 2023, followed by Voice Recognition.
Based on Device Type, market is studied across Automotive, Cameras, Drones, Healthcare Devices, Home Automation Devices, Smart Glasses, Smartphones, Tablets & Personal Computers, and Wearable Devices. The Smartphones commanded largest market share of 24.01% in 2023, followed by Automotive.
Based on Application, market is studied across Camera & Image Processing, E-commerce & Retail, Gaming, Health & Fitness, Language Translation & Learning, Personal Assistants & Chatbots, and Security & Authentication. The Camera & Image Processing commanded largest market share of 18.79% in 2023, followed by Personal Assistants & Chatbots.
Based on Industry, market is studied across Agriculture, Education, Entertainment, Finance, Healthcare, Manufacturing, Mobility & Transportation, and Retail. The Mobility & Transportation commanded largest market share of 20.03% in 2023, followed by Finance.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 36.45% in 2023, followed by Americas.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Mobile Artificial Intelligence Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Mobile Artificial Intelligence Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Mobile Artificial Intelligence Market, highlighting leading vendors and their innovative profiles. These include Advanced Micro Devices, Inc., AIMobile Co., Ltd., AIStorm Inc., Apple Inc., AT&T Inc., Blaize, Inc., Cerebras Systems Inc., DataRobot, Inc., Google LLC by Alphabet Inc., Graphcore Ltd., Huawei Technologies Co., Ltd., Imagination Technologies Ltd., Intel Corporation, International Business Machines Corporation, Kneron, Inc., MediaTek Inc., Meta Platforms, Inc., Microsoft Corporation, Nvidia Corporation, Passio, Inc., Qualcomm Incorporated, rabbitAI GmbH, Rockchip Electronics Co., Ltd., SambaNova Systems, Inc., Samsung Electronics Co., Ltd., Shanghai Thinkforce Electronic Technology Co., Ltd., Turing Video, and Zhongke Cambrian Technology Co., Ltd..
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Mobile Artificial Intelligence Market, by Technology Node
7. Mobile Artificial Intelligence Market, by Functionalities
8. Mobile Artificial Intelligence Market, by Device Type
9. Mobile Artificial Intelligence Market, by Application
10. Mobile Artificial Intelligence Market, by Industry
11. Americas Mobile Artificial Intelligence Market
12. Asia-Pacific Mobile Artificial Intelligence Market
13. Europe, Middle East & Africa Mobile Artificial Intelligence Market
14. Competitive Landscape
15. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Mobile Artificial Intelligence Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Mobile Artificial Intelligence Market?
3. What is the competitive strategic window for opportunities in the Mobile Artificial Intelligence Market?
4. What are the technology trends and regulatory frameworks in the Mobile Artificial Intelligence Market?
5. What is the market share of the leading vendors in the Mobile Artificial Intelligence Market?
6. What modes and strategic moves are considered suitable for entering the Mobile Artificial Intelligence Market?
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