Market Overview

Mobile Artificial Intelligence (AI): Global Market (2018-2023) by Application, Technology Node and Geography - ResearchAndMarkets.com

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The "Mobile
Artificial Intelligence (AI) Market by Application (Smartphones,
Cameras, Drones, Automotive, AR/VR, Robotics, Smart Boards, and PCS),
Technology Node (10nm, 20 to 28nm, 7nm and Others), and Geography -
Global Forecast to 2023"
report has been added to ResearchAndMarkets.com's
offering.

The mobile AI market is expected to reach USD 17.83 billion by 2023 from
USD 5.11 billion in 2018, at a CAGR of 28.41% during the forecast period.

Increasing demand for AI-capable processors for use in mobile devices,
rise in cognitive computing, and growing number of AI applications are
some of the major factors driving the growth of the mobile AI market.

However, factors such as premium pricing of AI processors and limited
number of AI experts are restraining market growth

Virtual reality (VR) and augmented reality (AR) are rapidly evolving
technologies. Large tech companies such as Qualcomm (US), Google,
Microsoft (US), and Apple (US) have shown their interests in
contributing to the growth of augmented technology by adopting
strategies such as product launches, acquisitions, or funding.

AR and VR, coupled with AI, will provide smarter, more relevant, and
personalized experience. For instance, 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 (HPU). Qualcomm, in February 2018, announced its
Snapdragon 845 VR headset reference design to fuel next-generation VR
experience.

Thus, the growing interest of these large tech companies in emerging
technologies, such as augmented reality and virtual reality, is a major
factor driving the growth of the mobile AI market for AR/VR applications.

In APAC, China is the largest market for artificial intelligence.
Applications such as smartphones, industrial robots, and automotive
provide huge growth potential for the mobile AI market in APAC. The
region is becoming the center of attraction for major investments as it
holds significant business expansion opportunities.

Various AI processor start-ups in China are raising funds to grow in the
mobile AI market. For example, ThinkForce (China) raised around USD 68
million, and DeePhi (China) raised around USD 40 million. Along with
this, increasing government spending to boost the AI network in China is
expected to further contribute to market growth during the forecast
period.

All these factors, coupled with the increasing number of start-ups in
the mobile AI ecosystem, are driving the growth of the mobile AI market
in APAC.

Key Topics Covered

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Mobile AI Market, By Application

7 Mobile AI Market, By Technology Node

8 Mobile AI Market, By Region

9 Competitive Landscape

10 Company Profiles

  • Apple
  • NVIDIA
  • Huawei
  • Samsung Electronics
  • Qualcomm
  • Intel
  • IBM
  • Microsoft
  • MediaTek
  • Google
  • Graphcore
  • Cerebras Systems
  • Cambricon Technology
  • Deephi Tech
  • Shanghai Thinkforce Electronic Technology Co. Ltd. (Thinkforce)
  • Sambanova Systems
  • Rockchip (Fuzhou Rockchip Electronics Co. Ltd.)
  • Thinci
  • Kneron

For more information about this report visit https://www.researchandmarkets.com/research/sszxps/mobile_artificial?w=4

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