Mobile AI Industry Research Report - Global Forecast to 2023

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2.           ​ ​         Global Mobile AI Industry Research Report, by Mobile Platform (Android, iOS, Windows), by Application (Virtual Assistant,                                 Camera, Chatbots, Navigation, Drones), by Vertical (Finance, Education, Travel & Tourism, Media & Entertainment) - Forecast till                                   2023    Market Key players  The protruding players in the Mobile AI Industry are listed as NVIDIA (US), Apple Inc (US), Samsung Electronics (South Korea),                                         Huawei (China), Qualcomm (US), Amazon Inc (US), IBM Corporation (US), Intel Corporation (US), MediaTek (Taiwan), Microsoft                                 Corporation (US), and Google Inc (US), Graphcore (UK).    Request Free Sample @ https://www.marketresearchfuture.com/sample_request/6779    Market Highlights  Technology is retreating from a growth-at-all-costs, casting aside an approach that has worked for many mobiles AI generating                                     companies but has sputtered in the real world of mobile and artificial intelligence. On this, Market Research Future study being                                         into the spotlight that the global Mobile AI Industry 2020 will be flowing at a healthy growth rate of 29.52% CAGR during the                                               forecast period 2018–2023. Over this period, the market will also be valued at around USD 10.28 billion, with the same growth                                           rate by 2023.     Market Segmentation  As per MRFR’s study, the global Mobile AI Industry aims at different segments, which is mentioned to be as application, vertical,                                           and mobile platform.  In terms of mobile platform, the market includes segments such as Android, iOS, and Windows.  In terms of application, the market includes segments such as navigation, virtual assistant, camera, drones, chatbots, and others.  In terms of vertical, the market includes segments such as media & entertainment, finance, education, healthcare, travel &                                     tourism, and others.    Regional Framework  Page |​ 2 Copyright © 2017 Market Research Future.  

3.     The geographical analysis of the global Mobile AI Industry has been done for the key regions of North America, Europe,                                         Asia-Pacific, and the rest of the world.  Among these regions, Asia-Pacific can become the fastest growing market for mobile AI owing to a large number of mobile                                         manufacturers residing in this region that manufacture on-device AI processors to a great extent. With this, the significant                                     investments for research and development in the field of AI also assist the market in inflating, resulting in paving ways for                                           business expansion opportunities in the market.  The region of North America is also probable to lead the market of mobile AI during the assessment period as the companies are                                               speedily adopting various technologies to integrate artificial intelligence in smartphones. Also, this region involves major key                                 players named Qualcomm, IBM Corporation, NVIDIA Corporation, and others, which is likely to motivate the growth of the Mobile                                       AI Industry.    Top Market Trends & Drivers  As per the study reveal by MRFR, mobile devices offer optimum convenience in accessing information and services with the help                                         of email, web, application, and multimedia features along with artificial intelligence. With the provision of algorithms and                                   cognitive functions, a system is built that performs all the tasks and functions similar to humans. Thus, the combination of both                                           empowers the mobile phone to progress its capabilities by raising its computational power. This factor has been one influential                                       factor streaming the market with outstanding growth in the forecast period.   At the same time, mobile phones are continually becoming faster, better, cheaper, and reliable and expanding speedily across the                                       world. Thus, these have become a widely adopted consumer electronic device, which, when cohesive with AI capabilities,                                   enhances the user experience. AI chipsets that are being used to increase the computational power of mobile devices and make                                         them run AI-enabled applications is yet another important factor leading the global Mobile AI Industry towards growth prospects                                     during the forecast period.  On the other side, the rising demand for on-device AI processing is motivating the growth of the Mobile AI Industry. AI-enabled                                           processors eventually help mobile devices to process machine learning tasks, gain performance, and energy-saving features in a                                   better way to boost the user experience. Such a factor has led to an increase in demand for on-device AI processing all over the                                                 world, resulting in the growth of the market inevitably. Case of point, Apple’s A11 Bionic chip, which is an AI-enabled chip with the                                               neural engine used in its latest iPhone X, that added the high accuracy face locking feature for mobile security. The investments                                           for on-device AI-enabled processors are thus rising, which is supporting advanced algorithms for building deep learning systems,                                   which is making the market becoming more robust with a high valuation.     Get Report Details @ https://www.marketresearchfuture.com/reports/mobile-ai-market-6779    With this, the upcoming mobile AI application is yet actively driving the Mobile AI Industry towards growth. The mobile apps were                                           also being build using AI algorithms and applied to nearly everything a user does — buying a product, interacting with a virtual                                             assistant on the smartphone, watching a film, and more. These applications, in all, can predict anything the user will do next and                                             take necessary actions on his behalf, which helps in delivering a unique experience to the users—all these results in mounting                                         demand for mobile AI applications.   Page |​ 3 Copyright © 2017 Market Research Future.  

4.     On the flip side, the factor of mobile AI processors being expensive is posing as restraints to the market’s growth as these                                             processors can only be used in superior mobile devices.    About Market Research Future:  At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked                                       Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR),                             and Market Research & Consulting Services.     Contact:  Market Research Future  Office No. 528, Amanora Chambers  Magarpatta Road, Hadapsar,  Pune - 411028  Maharashtra, India  +1 646 845 9312  Email: sales@marketresearchfuture.com          Page |​ 4 Copyright © 2017 Market Research Future.  

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