Mobile Artificial Intelligence (AI) Market: Analysis

Allied Market Research (AMR) has published a new report on the mobile artificial intelligence market. According to the report, the global market is anticipated to gain a value of $84.80 billion by 2030, having endorsed a value of $8.56 billion in 2020. The industry’s CAGR is estimated to be 26.44% during the forecast period (2021-2030). The research report is a valuable resource containing detailed information on the overall market, including market dynamics, prominent investment opportunities, pricing factors, key trends, segmentation, regional analysis, and the competitive landscape.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐨𝐫 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅: https://www.alliedmarketresearch.com/request-sample/A13133

The report also presents an overview of the key players in the global mobile artificial intelligence industry, conducting a thorough analysis of the current situation and future growth opportunities. Utilizing insightful graphs, it showcases market profitability and offers an in-depth SWOT analysis of industry trends. Furthermore, the report provides valuable information on regional expansion.

𝐔𝐧𝐝𝐞𝐫𝐬𝐭𝐚𝐧𝐝𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐲𝐧𝐚𝐦𝐢𝐜𝐬

The research report provides a comprehensive analysis of market dynamics, covering aspects such as drivers, restraints, and opportunities. These insights enable businesses and stakeholders to engage in strategic planning, manage risks, and identify growth opportunities, thus helping in the achievement of business goals. The global mobile artificial intelligence market is expanding rapidly due to a significant demand for artificial intelligence (AI) in smartphones, an increasing need for AI-enabled processors, and a steady rise in investment in AI technologies. However, the high cost of artificial processors has restricted market growth to some extent. Moreover, the increasing prominence of edge computing offers profitable opportunities for industry growth in the coming years.

𝐊𝐞𝐲 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲

AI has indeed made notable growth in the landscape of mobile app development services. Nowadays, developers are using various technologies to enhance user experience and introduce novel features. Some key AI technologies being utilized for these purposes include:

𝐌𝐚𝐜𝐡𝐢𝐧𝐞 𝐥𝐞𝐚𝐫𝐧𝐢𝐧𝐠 (𝐌𝐋)

This subset of AI enables apps to analyze data, recognize patterns, and make predictions or decisions independently, without explicit coding. Moreover, services such as Netflix and Spotify utilize machine learning to provide users with personalized recommendations based on their viewing or listening habits, as well as individual preferences.

𝐆𝐞𝐭 𝐚 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐞𝐝 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 @ https://www.alliedmarketresearch.com/request-for-customization/A13133

𝐂𝐨𝐦𝐩𝐮𝐭𝐞𝐫 𝐯𝐢𝐬𝐢𝐨𝐧

This technology allows apps to recognize and analyze images and videos using advanced methods. For example, Pinterest Lens, Google Lens, and Bixby Vision all utilize computer vision for tasks such as visual search, object recognition, and virtual reality interactions.

𝐍𝐚𝐭𝐮𝐫𝐚𝐥 𝐥𝐚𝐧𝐠𝐮𝐚𝐠𝐞 𝐩𝐫𝐨𝐜𝐞𝐬𝐬𝐢𝐧𝐠 (𝐍𝐋𝐏)

NLP enables apps to comprehend, translate, and generate human language. Virtual assistants such as Google Assistant, Siri, and Alexa utilize NLP to understand vocal commands and engage in conversations in mobile applications.

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬

The global mobile artificial intelligence industry is examined across several regions, including North America, Latin America, Asia-Pacific, the Middle East & Africa, and Europe. The market in North America garnered the largest share in 2020 and is anticipated to maintain its leading position throughout the forecast period. This is attributed to the region providing a hassle-free environment for small and medium-sized enterprises (SMEs), especially concerning compliance with government regulations. On the other hand, Asia-Pacific is predicted to showcase an outstanding CAGR over the projected period due to a notable rise in the adoption and integration of AI technologies on mobile devices in the area.

𝐀𝐜𝐜𝐞𝐬𝐬 𝐭𝐡𝐞 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭 @ https://www.alliedmarketresearch.com/mobile-artificial-intelligence-market-A13133

𝐌𝐚𝐫𝐤𝐞𝐭 𝐔𝐩𝐝𝐚𝐭𝐞𝐬

The global mobile artificial intelligence market is fragmented due to many key players around the world. Artificial intelligence comprises complex algorithms that are rapidly growing in the current market. AMR’s report has analyzed that several top companies are now adopting readily available artificial intelligence algorithms for complex systems, leading to high competition in the market. For example, in January 2024, Apple launched iOS 16.3 which introduced Focus Filters. These filters enable users to customize app access based on different Focus modes such as work or personal.

However, in February 2024, Google Assistant introduced “Custom Routines,” which allows users to customize routines according to their behaviors and preferences. For instance, users can say “Good morning” to activate tasks such as turning on lights, playing music, and checking the news.

𝐊𝐞𝐲 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐏𝐫𝐨𝐟𝐢𝐥𝐞𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭

• Google LLC (Alphabet Inc.)

• MediaTek Inc.

• Samsung Electronics

• International Business Machines Corporation (IBM)

• Intel Corporation

• Qualcomm Technologies, Inc.

• Apple Inc.

• NVIDIA Corporation

• Huawei Technologies Co., Ltd.

• Microsoft Corporation

To sum up, the AMR report explores the global mobile artificial intelligence market, providing a detailed analysis of growth drivers, top investment opportunities, recent developments, and regional analysis. By offering insightful data and analysis, the report is a valuable resource for businesses and stakeholders looking to understand the market dynamics and make well-informed decisions.

𝐄𝐧𝐪𝐮𝐢𝐫𝐲 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠: https://www.alliedmarketresearch.com/purchase-enquiry/A13133

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:

Allied Market Research is a top provider of market intelligence that offers reports from leading technology publishers. Our in-depth market assessments in our research reports take into account significant technological advancements in the sector. In addition to other areas of expertise, AMR focuses on the analysis of high-tech systems and advanced production systems. We have a team of experts who compile thorough research reports and actively advise leading businesses to enhance their current procedures. Our experts have a wealth of knowledge on the topics they cover. Also, they use a variety of tools and techniques when gathering and analyzing data, including patented data sources.

𝐂𝐨𝐧𝐭𝐚𝐜𝐭

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This release was published on openPR.