Mobile Artificial Intelligence Market – Analysis and Forecast To 2024 | Samsung, Intel, Apple, Alphabet, Microsoft Corporation.


Posted May 7, 2020 by Goal_T

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mobile artificial intelligence Mobile artificial intelligence has formed an enormous influence on human interaction with machines and devices, in various industries such as travel, telecom, utility, advertisement, and machinery industry. It has the ability to execute and end monotonous jobs which are excessively exhausting for people. It is also used to discover areas extremely with ease by using augmented reality and is required in fields which require a high level of exactness and accuracy.

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On the basis of the technology node, the mobile artificial intelligence market is subdivided into 20–28nm, 10nm, and 7nm and others. Among all technology node 20–28nm segment is expected to grow at the fastest rate in the mobile artificial intelligence market. The processors constructed upon 20-28nm technology nodes are used in a collection of applications, such as drones, security cameras, ADAS, AR/VR headsets, and robotics.

The high pricing of AI processors and an inadequate number of AI experts and unpredictability of AI algorithms in mobile apps are the major challenges for the growth of mobile artificial intelligence market.

Globally industry players are leveraging market growth through launching new products. The high level of capital requirement is the major barrier to the entry of new players. This offers advantage to the established players in the industry competition and to retain market share.

Asia-Pacific is observed to witness the fastest growth in the market due to mounting government spending. In addition, developing number of AI applications, and the upsurge of cognitive computing are also supporting the growth of the Asia-Pacific mobile artificial intelligence market.

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NVIDIA, International Business Machines Corporation (IBM), Samsung, Intel, Apple, Alphabet, Inc. (Google), Microsoft Corporation, MediaTek, Qualcomm Incorporated, and Huawei (Hisilicon) are the key players offering mobile artificial intelligence solutions.

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Last Updated May 7, 2020