Global Mobile Artificial Intelligence (AI) Market 2023: Increasing Need for AI-Capable Processors in Mobile Devices Drives Growth


Dublin, April 05, 2023 (GLOBE NEWSWIRE) -- The "Global Mobile Artificial Intelligence (AI) Market (2023-2028) by Technology, Product, Application, and Geography, Competitive Analysis, Impact of Covid-19, Impact of Economic Slowdown & Impending Recession with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.

The Global Mobile Artificial Intelligence (AI) Market is estimated to be USD 11.27 Bn in 2023 and is expected to reach USD 34.56 Bn by 2028, growing at a CAGR of 25.12%.

Market Dynamics

Drivers

  • Increasing Need for AI-Capable Processors in Mobile Devices
  • Rising Investment in Artificial Intelligence Technologies

Restraints

  • High Price of Premium AI Processors

Opportunities

  • Dedicated Low-Cost AI Chips for Mobile Camera and Vision Applications
  • Increasing Demand of Edge Computing in IoT

Challenges

  • Inaccuracy of AI Algorithms in Mobile Apps

Market Segmentations

The Global Mobile Artificial Intelligence (AI) Market is segmented based on Technology, Product, Application, and Geography.

  • By Technology, the market is classified into 20-28nm, 10nm, 7nm, and Others.
  • By Product, the market is classified into Hardware, Software, and Services.
  • By Application, the market is classified into Smartphones, Cameras, Drones, Automotive, Robotics, AR/ VR, and Others.
  • By Geography, the market is classified into Americas, Europe, Middle-East & Africa and Asia-Pacific.

Competitive Quadrant

The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the Global Mobile Artificial Intelligence (AI) Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

The analyst analyses the Global Mobile Artificial Intelligence (AI) Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Mobile Artificial Intelligence (AI) Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model, PESTLE Analysis, and the Ansoff Matrix. In addition, the impact of COVID-19 and impact of economic slowdown & impending recession on the market are also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains a competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including the parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market

Key Attributes:

Report AttributeDetails
No. of Pages203
Forecast Period2023 - 2028
Estimated Market Value (USD) in 2023$11.27 Billion
Forecasted Market Value (USD) by 2028$34.56 Billion
Compound Annual Growth Rate25.1%
Regions CoveredGlobal

Key Topics Covered:

1 Report Description

2 Research Methodology

3 Executive Summary

4 Market Dynamics

5 Market Analysis

6 Global Mobile Artificial Intelligence (AI) Market, By Technology

7 Global Mobile Artificial Intelligence (AI) Market, By Product

8 Global Mobile Artificial Intelligence (AI) Market, By Application

9 Americas' Mobile Artificial Intelligence (AI) Market

10 Europe's Mobile Artificial Intelligence (AI) Market

11 Middle East and Africa's Mobile Artificial Intelligence (AI) Market

12 APAC's Mobile Artificial Intelligence (AI) Market

13 Competitive Landscape

14 Company Profiles

Companies Mentioned

  • Alphabet, Inc
  • Apple, Inc
  • Blaize, Inc.
  • Cambricon Technology
  • Cerebras Systems
  • DataToBiz
  • Deeper Insights
  • DeePhi Tech
  • Graphcore
  • Huawei Technologies Co. Ltd
  • IBM Corp.
  • Intel Corp.
  • Kneron
  • Mediatek, Inc
  • Microsoft Corp.
  • Nvidia Corp.
  • Qualcomm Technologies, Inc
  • Quytech
  • Rockchip
  • Sambanova Systems
  • Samsung Electronics Co. Ltd
  • Shanghai Thinkforce Electronic Technology
  • Tooploox
  • Unicsoft
  • Zegami

For more information about this report visit https://www.researchandmarkets.com/r/vxogrd

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Global Mobile Artificial Intelligence (AI) Market

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