US $ 23.61 billion Growth Opportunity in Mobile Artificial Intelligence (AI) Market – Driven by Increased Smartphone Penetration

NEW YORK, September 14, 2022 / PRNewswire / – The global mobile AI market the size should grow 23.61 billion dollars between 2021 and 2026, accelerating to a CAGR of 29.06% over the forecast period. The report considers various aspects such as the consumer base, the adoption rate, the average selling price, the revenue generated by the suppliers and various other factors to estimate the size of the market. Download the sample PDF report here to get an idea of ​​the overall scope of the full report.

Technavio announced its latest market research report titled Mobile Artificial Intelligence Market by Application and Geography – 2022-2026 Forecast and Analysis

The global mobile AI market is fragmented. Competition in the market will intensify with the entry of new suppliers, technological innovations and partnerships. In recent years, major vendors have launched various AI chips for use in smartphones, robots, cameras, wearables, and autonomous vehicles. For example, in May 2018Google has announced the launch of its third generation AI specialty chips.

Providers of the global mobile AI market are evaluated on the basis of their product offerings, investments in research and development and the degree of superiority of their service offerings. Competition between suppliers is moderate as they focus on maintaining their position in the market. The report identifies AIStorm Inc, Alphabet Inc., Apple Inc., Blaize, Cerebras Systems Inc, CrossCert, Fuzhou Rockchip Electronics Co. Ltd., Graphcore Ltd., Huawei Technologies Co. Ltd., Imagination Technologies Ltd, Intel Corp., International Business Machines Corp., MediaTek Inc., NVIDIA Corp., Qualcomm Inc., SambaNova Systems Inc., Samsung Electronics Co. Ltd., SenseTime Group Inc, Think Force and Xilinx Inc. are the major market participants.

While the growing penetration of smartphones will offer immense opportunities for growth, the inadequate availability of artificial intelligence experts will challenge the growth of market participants. To make the most of the opportunities, market providers should focus more on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Request a sample report here

The global mobile artificial intelligence (AI) market is segmented as follows:

Market growth in the smartphone segment will be significant over the forecast period. The increase in smartphone replacement cycles and the integration of advanced technologies by smartphone manufacturers are driving the growth of the segment.

North America will emerge as a key market, occupying 41% of the global market share. The growing adoption of autonomous vehicles and the presence of a well-developed ecosystem of IoT devices are driving the growth of the regional market. Technavio presents a detailed picture of the market through the study, synthesis and sum of data from multiple sources. Our Mobile Artificial Intelligence (AI) market report covers the following areas:

Mobile Artificial Intelligence (AI) Market 2022-2026: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the mobile artificial intelligence (AI) market. Backed by competitive intelligence and benchmarking, our mobile artificial intelligence (AI) market research report is designed to provide support for entry, customer profile, and mergers and acquisitions, as well as go-to-strategy support. market.

Mobile Artificial Intelligence (AI) Market 2022-2026: Highlights

  • Market CAGR over the forecast period 2022-2026

  • Detailed information on the factors that will help the growth of the Mobile Artificial Intelligence (AI) market over the next five years

  • Estimation of the size of the Mobile Artificial Intelligence (AI) market and its contribution to the parent market

  • Forecast on upcoming trends and changes in consumer behavior

  • The growth of the mobile artificial intelligence (AI) market.

  • Analysis of the competitive market landscape and detailed information on suppliers

  • Complete details on the factors that will challenge the growth of sellers on the Mobile Artificial Intelligence (AI) market.

Related reports:

Mobile artificial intelligence (AI) market scope.

Report coverage

Details

Page number

120

Reference year

2021

Forecast period

2022-2026

Moment of growth and CAGR

Accelerate to 29.06% CAGR

Market growth 2022-2026

23.61 billion dollars

Market structure

Fragmented

Year-on-year growth (%)

27.42

Regional analysis

North America, Europe, APAC, South America, the Middle East and Africa

Contribution of the performing market

North America at 41%

Key consumer countries

United States, Canada, China, South Korea, United Kingdom and Germany

Competitive landscape

Leading companies, competitive strategies, area of ​​consumer involvement

Profiled companies

AIStorm Inc, Alphabet Inc., Apple Inc., Blaize, Cerebras Systems Inc, CrossCert, Fuzhou Rockchip Electronics Co. Ltd., Graphcore Ltd., Huawei Technologies Co. Ltd., Imagination Technologies Ltd, Intel Corp., International Business Machines Corp ., MediaTek Inc., NVIDIA Corp., Qualcomm Inc., SambaNova Systems Inc., Samsung Electronics Co. Ltd., SenseTime Group Inc, Think Force, and Xilinx Inc.

Market dynamics

Core Market Analysis, Market Growth Inductors and Barriers, Fast and Slow Growing Segment Analysis, COVID-19 Impact and Future Consumer Dynamics, and Market Condition Analysis for the Forecast Period.

Expertise for customization

If our report did not include the data you are looking for, you can contact our analysts and customize the segments.

Summary:

1 Executive summary

2 Market panorama

3 Sizing of the market

4 Analysis of the five forces

5 Market segmentation by application

6 Customer landscape

7 Geographic landscape

8 Drivers, challenges and trends

9 Vendor landscape

10 Supplier Analysis

11 Appendix

Who we are

Technavio is a world leader in research and technological consultancy. Their research and analysis focuses on emerging market trends and provides useful information to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of over 17,000 reports and counts, covering 800 technologies, in 50 countries. Their customer base is made up of businesses of all sizes, including more than 100 Fortune 500 companies. This growing customer base is based on Technavio’s comprehensive coverage, in-depth research and actionable market insights to identify opportunities in the existing and potential markets and assess their competitive positions within evolving market scenarios.

Contact
Technavio Research
Jesse Maida
Media and marketing executive
USA: +1 844 364 1100
United Kingdom: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Technavio (PRNewsfoto / Technavio)

Technavio (PRNewsfoto / Technavio)

Cision

Cision

View original content to download media: https://www.prnewswire.com/news-releases/usd-23-61-bn-growth-opportunity-in-mobile-artificial-intelligence-ai-market-driven-by – smartphone-penetration-increase-301623494.html

SOURCE Technavio

Leave a Reply

%d bloggers like this: