Exploring the Growth and Opportunities in the Mobile AI Market
The global Mobile Artificial Intelligence (AI) Market size was valued at USD 18.8 billion in 2023 and is projected to reach USD 23.44 billion in 2024. The market is expected to grow exponentially, reaching USD 125 billion by 2032, reflecting an impressive compound annual growth rate (CAGR) of 28.8% during the forecast period (2024–2032). Mobile AI refers to the incorporation of artificial intelligence capabilities in mobile devices, enabling functionalities such as facial recognition, voice assistants, augmented reality (AR), and predictive text. The integration of AI technologies in mobile devices enhances user experience, improves device efficiency, and enables advanced features that were previously unattainable.
Industry Key Trends
Advancements in AI Chipsets: Continuous innovations in AI chipsets, including the development of more powerful and energy-efficient processors, are driving the mobile AI market.
Growing Adoption of AI-Powered Applications: The increasing use of AI-powered applications in mobile devices, such as virtual assistants, AR/VR, and smart cameras, is boosting market growth.
Rising Demand for Edge AI: The demand for edge AI, where AI processing is done locally on the device rather than in the cloud, is growing due to its benefits in terms of latency, privacy, and bandwidth usage.
Integration with 5G Technology: The rollout of 5G networks is enhancing the capabilities of mobile AI by providing faster data transfer speeds and lower latency.
Increased Focus on Privacy and Security: Mobile AI technologies are increasingly being designed with a focus on enhancing privacy and security, addressing user concerns about data protection.
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Mobile Artificial Intelligence Market Size and Share
The market size of mobile AI is expanding rapidly, driven by the increasing adoption of AI technologies across various applications in mobile devices. In 2024, the market size is projected to be USD 23.44 billion, with a significant CAGR of 28.8% expected to drive the market to USD 125 billion by 2032. The market share is dominated by the hardware segment, which includes AI chipsets and processors that enable AI functionalities in mobile devices.
Mobile Artificial Intelligence Market Statistics
Market Size in 2023: USD 18.8 billion
Projected Market Size in 2024: USD 23.44 billion
Projected Market Size in 2032: USD 125 billion
CAGR (2024–2032): 28.8%
Regional Trends
The mobile AI market exhibits distinct trends across different regions, influenced by regional technological adoption, regulatory frameworks, and industry demands.
North America
United States: The U.S. leads the North American market due to its advanced mobile infrastructure, high adoption of AI technologies, and strong presence of key market players.
Canada: Increasing investments in AI research and the growing use of AI-powered applications in mobile devices are driving the adoption of mobile AI in Canada.
Asia-Pacific (APAC)
China: As a major hub for technology and manufacturing, China has a significant demand for mobile AI technologies to enhance device capabilities and user experience.
India: Rapid digitalization and government initiatives to promote AI adoption are boosting the mobile AI market in India.
Europe
Germany: Germany is a key player in the European market, with its strong focus on innovation, technology, and compliance with stringent regulations.
United Kingdom: The UK's emphasis on digital transformation and advanced mobile technologies is driving the growth of the mobile AI market.
Latin America, Middle East, and Africa (LAMEA)
Brazil: In Latin America, Brazil is leading the adoption of AI technology in mobile devices, driven by increasing smartphone penetration and innovation initiatives.
United Arab Emirates: In the Middle East, the UAE is investing in AI infrastructure and technology to enhance its mobile sector and promote digital transformation.
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Mobile Artificial Intelligence Market Segmentations
The mobile AI market is segmented based on component, technology node, and application.
By Component
Hardware: Includes AI chipsets, processors, and other physical components necessary for implementing AI functionalities in mobile devices.
Software: Comprises AI platforms, algorithms, and applications used to enable AI capabilities in mobile devices.
Services: Encompasses consulting, integration, and support services to help mobile manufacturers and developers implement and manage AI technologies.
By Technology Node
7 nm: Advanced AI chipsets designed with 7-nanometer technology for high performance and energy efficiency.
10 nm: AI chipsets designed with 10-nanometer technology, offering a balance between performance and power consumption.
20-28 nm: AI chipsets designed with 20-28 nanometer technology, used in a variety of mid-range mobile devices.
Others: Includes other technology nodes used in AI chipsets for mobile devices.
By Application
Smartphones: Mobile AI technologies used to enhance functionalities such as facial recognition, voice assistants, and predictive text.
Cameras: AI-powered cameras that offer advanced features such as object recognition, scene detection, and image enhancement.
Drones: AI technologies used in drones for autonomous navigation, obstacle avoidance, and image processing.
Automobile: AI applications in mobile devices used in automobiles for navigation, infotainment, and driver assistance.
Robotics: AI technologies used in mobile robots for automation, navigation, and interaction.
AR/VR: AI-powered augmented reality (AR) and virtual reality (VR) applications that enhance user experience and interaction.
Others: Includes various other applications of mobile AI technologies.
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Top Players in Mobile Artificial Intelligence Market
Leading companies in the mobile AI market include:
Qualcomm Inc.
Nvidia
Intel Corporation
IBM Corporation
Microsoft Corporation
Apple Inc.
Huawei
Google LLC
Mediatek
Samsung
Cerebras Systems
Graphcore
Cambricon Technology
Shanghai Thinkforce Electronic Technology Co., Ltd.
Deephi Tech
Sambanova Systems
OpenAI L.L.C
Kneron
These companies are at the forefront of technological advancements, continuously enhancing their AI capabilities to drive innovation and improve efficiency in mobile devices.
Table of Contents for the Mobile Artificial Intelligence Market Report: https://straitsresearch.com/report/mobile-artificial-intelligence-market/toc
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