Global Mobile Artificial Intelligence (AI) Market

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

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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).

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. 'Google LLC (Alphabet Inc.)', 'Graphcore', 'International Business Machines Corporation (IBM)', 'Cambricon Technology', 'Qualcomm Technologies Inc.', 'Sambanova Systems', 'Rockchip (Fuzhou Rockchip Electronics Co., Ltd.)', 'Thinci', 'INTEL CORPORATION', 'Cerebras Systems', 'MICROSOFT CORPORATION', 'Apple Inc.', 'Kneron', 'Huawei Technologies Co., Ltd. (Huawei)', 'MEDIATEK Inc.', 'Shanghai Thinkforce Electronic Technology Co., Ltd (Thinkforce', 'Samsung Electronics', 'NVIDIA CORPORATION', 'Deephi Tec'

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.

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.

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.

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