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Mobile Artificial Intelligence Market by Application, Technology Node And Geography - Global Forecast to 2023

Mobile Artificial Intelligence Market: Global Forecast until 2023

  • July 2018
  • 120 pages
  • ID: 5482954
In this report:
The mobile AI market for robotics in APAC is expected to register a shipment of ##.## million units in 2018, which is likely to reach ##.## million units by 2023, at a CAGR of ##.##% during the forecast period.
The mobile AI market for ##nm and other nodes in North America is expected to register a shipment of ##.## million units in 2018, which is likely to reach ##.## million units by 2023, at a CAGR of ##.##% during the forecast period.

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The mobile AI market is anticipated to increase at a compound annual growth rate (CAGR) of ~28.4 percent between 2018 and 2023.

The mobile AI market is forecasted to reach ~$17.8B by 2023 from ~$5.1B in 2018, at a compound annual growth rate (CAGR) of 28.41% during the forecast horizon. Growing demand for AI-capable processors for use in mobile devices, increase in cognitive computing, and increasing number of AI applications are some of the main factors driving the rise of the mobile AI market. Nevertheless, Elements such as premium pricing of AI processors and limited number of AI experts are restraining market increase.

The sector for AR/VR applications is anticipated to rise at an important compound annual growth rate (CAGR) during the outlook period.

Virtual reality and augmented reality are quickly evolving technologies.Important tech companies including Qualcomm, Google, Microsoft, and Apple have shown their interests in contributing to the rise of augmented technology by adopting strategies including product launches, acquisitions, or funding.

AR and VR, along AI, will provide smarter, more relevant, and personalized experience.For example, in July 2017, Microsoft announced the next generation of its mixed reality HoloLens headset-HoloLens 2-which will have a dedicated AI coprocessor known as the Holographic Processing Unit.

Qualcomm, in February 2018, announced its Snapdragon 845 VR headset reference design to fuel next-generation VR experience. Therefore, the increasing interest of these big tech firms in emerging technologies, including augmented reality and virtual reality, is a main factor driving the increase of the mobile AI market for AR/VR applications.

The mobile AI market in Asia-Pacific is anticipated to grow at the highest compound annual growth rate (CAGR) during the estimate period.

In Asia-Pac, China (CN) is the biggest market for artificial intelligence.Applications including smartphones, industrial robots, and automotive provide huge increase potential for the mobile AI market in Asia-Pacific.

The territory is becoming the center of attraction for main investments as it maintains significant business expansion opportunities.Different AI processor start-ups in China (CN) are raising funds to grow in the mobile AI market.

For example, ThinkForce raised around $68.0M, and DeePhi raised around $40.0M.Along with this, rising government spending to boost the AI network in China (CN) is anticipated to further contribute to market increase during the outlook period.

All these factors, along the growing number of start-ups in the mobile AI ecosystem, are driving the increase of the mobile AI market in Asia-Pac.

Key players' distribution profiles:

• By Company category: Tier 1 = 27.0 percent, Tier 2 = 41.0 percent, and Tier 3 = 32.0 percent

• By Description: C-suite executives = 26.0 percent, Directors = 40.0 percent, and Others = 34.0 percent

• By Area: North America continent = 47.0 percent, EU = 28.0 percent, Asia-Pacific = 19.0 percent, and RoW = 6.0 percent

Apple, NVIDIA, Huawei, Samsung Electronics, Qualcomm, Intel, IBM, Microsoft, MediaTek, and Google are the main players in the mobile AI market.

Segment Research

• The market by application contains smartphones, cameras, drones, robotics, augmented reality / virtual reality, and automotive.

• The market by technology node includes 10nm, 20-28nm, and 7nm & others.

• The geographic review is done with regard to 4 main regions-North America, Europe (EU), Asia-Pac, and RoW. (RoW comprises South America region, and the Middle East (ME) and African continent).

Why Purchasing This Study Can Help You:

From an insight prospect, this market research is mostly focused on several levels of analysis, including market ranking review of top actors. This report also studies company profiles, which present basic views on the competitive landscape; coming out and high-growth segments of the studied market; high-growth areas; and market dynamics including drivers, market restraints, opportunities, and alternatives.

The market research offers business insights on:

• Market Uptake: Exhaustive data on different types of applications and technology nodes provided by key players in the global mobile AI market.

• Product development/innovative products: Detailed insights regarding research and growth activities, emerging technologies, and launches of new product in the mobile AI market.

• Market development: Highlighted information about profitable emerging sectors, together with the study of the mobile AI sectors across localities.

• industry diversification: Complete information about recent products, untapped geographic regions, recent evolutions, and market investments in the global mobile AI market.

• opposing assessment: In-depth assessment of ranking review, strategies, products, and manufacturing competences of the key players in the mobile AI market.

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