USD 13.4 billion
Global Mobile Artificial Intelligence (AI) Market Size, Share, Growth Analysis, By Technology Node(20–28nm, 10nm), By Application(Smartphones, Cameras), By Component(Hardware, Software) - Industry Forecast 2024-2031
Report ID:
SQMIG45A2310 |
Region:
Global |
Published Date: April, 2024
Pages:
197
|
Tables:
95 |
Figures:
75
Global Mobile Artificial Intelligence (AI) Market Insights
Global Mobile Artificial Intelligence (AI) Market size was valued at USD 13.4 billion in 2022 and is poised to grow from USD 17 billion in 2023 to USD 114.36 billion by 2031, growing at a CAGR of 26.9% in the forecast period (2024-2031).
Surging popularity and usage of artificial intelligence on a global level is the key factor promoting the demand for mobile artificial intelligence solutions in the future. Mobile artificial intelligence refers to on-device mobile access to Artificial Intelligence capabilities irrespective of internet connectivity. Development of smarter and faster AI chips are also creating new opportunities for mobile artificial intelligence solution providers going forward. High investments in the research and development of novel AI solutions and services are also slated to boost market growth over the coming years. Rapidly increasing use and proliferation of smart devices and smartphones around the world is also contributing to mobile artificial intelligence (AI) market growth. Development of new and advanced AI algorithms is also estimated to generate revenue for mobile artificial intelligence (AI) providers. On the contrary, device compatibility and data security concerns are estimated to hamper the adoption of mobile artificial intelligence (AI) going forward.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Hardware
Fastest Growth
Services
Growth Rate
26.9% CAGR
Global Mobile Artificial Intelligence (AI) Market ($ Bn)
Country Share for North America Region (%)
Global Mobile Artificial Intelligence (AI) Market By Component ($ Bn)
Global Mobile Artificial Intelligence (AI) Market By Component (%)
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Global Mobile Artificial Intelligence (AI) Market Segmental Analysis
The global mobile artificial intelligence (AI) market is segmented based on technology node, application, component, and region. In terms of technology node, the market is bifurcated into 20–28nm, 10nm, 7nm, and others. Based on application, the market is divided into smartphones, cameras, drones, automotive, robotics, AR/VR, and others. On the basis of component, the market is segmented into hardware, software, and services. Based on region, the market is segmented into Asia Pacific, North America, Latin America, Europe, and the Middle East and Africa.
Analysis by Component
Hardware segment is projected to account for a prominent chunk of the global mobile artificial intelligence (AI) market share across the forecast period. High use of advanced AI chips for mobile artificial intelligence (AI) applications and growing integration of AI hardware in mobile devices are all contributing to the dominance of this segment.
Meanwhile, the demand for mobile artificial intelligence (AI) services is projected to increase at a rapid pace over the coming years. Increasing use of mobile AI applications is projected to boost the demand for services for the same over the coming years.
Analysis by Application
Smartphones are projected to account for a dominant share of the global mobile artificial intelligence (AI) market. Rapidly surging sales of smartphones and growing use of different AI-based applications in them are contributing to the dominance of this segment. High use of digital assistants in smartphones is also slated to promote mobile artificial intelligence (AI) demand.
Demand for mobile artificial intelligence (AI) for AR/VR applications is projected to surge at a robust pace over the coming years. Increasing use of AR and VR technology for training and simulation applications is anticipated to help this segment expand at a rapid CAGR going forward.
Global Mobile Artificial Intelligence (AI) Market By Component, 2022 (%)
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Global Mobile Artificial Intelligence (AI) Market Regional Insights
North America is forecasted to account for a substantial share of the global mobile artificial intelligence (AI) market. High adoption of AI technology in almost all industry verticals and the presence of key mobile artificial intelligence (AI) providers are factors that help this region maintain its dominance in the global landscape. The United States is predicted to be at the forefront of mobile artificial intelligence (AI) demand in North America across the forecast period. Rise in adoption of automation and Internet of Things (IoT) is also slated to benefit mobile artificial intelligence (AI) market growth through 2031.
High sales of consumer electronics and growing use of AI in the same allow Asia Pacific region to become the fastest-growing market in the world going forward. Rising use of industrial robots and automation in the manufacturing sector of this region is also estimated to bolster the demand for mobile artificial intelligence (AI) solutions over the coming years. China, Japan, and India are estimated to be the leading markets for mobile artificial intelligence (AI) companies in the long run.
Global Mobile Artificial Intelligence (AI) Market By Region, 2024-2031
- Largest
- Fastest
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Global Mobile Artificial Intelligence (AI) Market Dynamics
Drivers
High Sales of Smartphones
- Smartphones are the primary users of mobile artificial intelligence (AI) technology and an increase in their sales around the world is projected to benefit mobile artificial intelligence (AI) market growth over the coming years.
Advancements in AI Platforms
- Mobile artificial intelligence platforms, software, hardware, and services are all developing at a rapid pace and this trend is projected to boost mobile artificial intelligence (AI) adoption in the future.
Restraints
Device Compatibility Issues
- Certain mobile artificial intelligence (AI) platforms and software are not accessible and compatible with all mobile devices and need to be optimized for further use. These compatibility issues are projected to hamper market growth going forward.
Data Security and Privacy
- Rapidly evolving cyber threat landscape has put all security and privacy measures in question recently and this is applicable to all mobile artificial intelligence (AI) solutions as well. Concerns regarding data privacy and security are slated to impede market growth in the long run.
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Global Mobile Artificial Intelligence (AI) Market Competitive Landscape
Mobile artificial intelligence (AI) companies should focus on innovation and launch new products that stand out from the competition. Mobile artificial intelligence (AI) companies can also focus on collaborations and partnerships to fast track the development of novel AI algorithms and AI hardware in the future. Mergers and acquisitions are also slated to be key strategies for mobile artificial intelligence (AI) market players looking to maximize their market share and presence.
Top Player’s Company Profiles
- Google LLC (Alphabet Inc.)
- Graphcore
- International Business Machines Corporation (IBM)
- Cambricon Technology
- Sambanova Systems
- Rockchip (Fuzhou Rockchip Electronics Co., Ltd.)
- Thinci
- INTEL CORPORATION
- Cerebras Systems
- MICROSOFT CORPORATION
- Apple Inc.
- Kneron
- Huawei Technologies Co., Ltd. (Huawei)
- Shanghai Thinkforce Electronic Technology Co., Ltd (Thinkforce
- Samsung Electronics
- NVIDIA CORPORATION
- Deephi Tec
Recent Developments
- In January 2024, Samsung, a leading South Korean consumer electronics company, announced the launch of Galaxy AI with its new flagship smartphone series S24. This new mobile AI service offered by Samsung will help its users navigate daily tasks in a much more efficient manner.
- In April 2024, Adobe, a leading software company based in the United States, launched a new mobile app that uses generative AI to create content. Adobe Express mobile application can design and share social media posts.
- In April 2024, Motorola, a renowned consumer electronics provider, announced the launch of its first AI-capable smartphone. Motorola Edge 50 Pro is powered by Snapdragon 7 Gen 3 SoC.
Global Mobile Artificial Intelligence (AI) Key Market Trends
- Personalized AI Solutions: Mobile artificial intelligence (AI) providers need to provide personalized products and services to stand out from the competition and gain a competitive advantage in the future. Companies can achieve this by using advanced analytics to analyze user data and use those insights to develop personalized AI solutions.
Global Mobile Artificial Intelligence (AI) Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per Skyquest analysis, rapid advancements in AI technology and growing demand for on-device AI solutions are projected to bolster the demand for mobile artificial intelligence (AI) over the coming years. However, compatibility issues and security concerns are slated to impede mobile artificial intelligence (AI) adoption across the forecast period and beyond. Rapid adoption of advanced technologies and presence of key mobile artificial intelligence (AI) companies allows North America to account for a dominant market share. Mobile artificial intelligence (AI) market players should focus on providing personalized mobile artificial intelligence (AI) applications and services to stand out from the competition in the future.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 13.4 billion |
| Market size value in 2031 | USD 114.36 billion |
| Growth Rate | 26.9% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Global Mobile Artificial Intelligence (AI) Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Global Mobile Artificial Intelligence (AI) Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Global Mobile Artificial Intelligence (AI) Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Mobile Artificial Intelligence (AI) Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Mobile Artificial Intelligence (AI) Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Global Mobile Artificial Intelligence (AI) Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Global Mobile Artificial Intelligence (AI) Market Report Snapshots
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