Artificial intelligence has been in high demand across diverse applications in the last few years. Advancements in technology are expected to play an important role in the market, which is expected to support the development of the market in the next few years. Increasing demand for AI-Capable Processors in mobile devices is driving the market as there are various applications which help users in their day to day activites such as camera image benefits, language translator, voice assistants, and user behaviours.
According to AMA, the market for Mobile Artificial Intelligence (MAI) is expected to register a CAGR of 28.58% during the forecast period to 2026. This growth is primarily driven by Increasing Demand for AI-Capable Processors in Mobile Devices and Rise of Cognitive Computing and Growing Number of AI Applications.
Globally, a noticeable market trend is evident Emergence of Artificial Intelligence and Machine learning
. The Internet Software & Services sector in the North America region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as IBM (United States), Microsoft (United States), Huawei Technologies (United States), MediaTek (Taiwan), Apple Inc. (United States), Samsung Electronics (South Korea), Intel Corporation (United States), Qualcomm Incorporated (United States), Google Inc. (United States) and Nvidia Corporation (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
May 2019 - Intel announced a collaboration with Microsoft and Asus to launch the world’s first AI on PC Development Kit, delivering a brand-new laptop form factor featuring the latest AI software and hardware technologies to put developers at the cutting edge of AI application development.
- Increasing Demand for AI-Capable Processors in Mobile Devices
- Rise of Cognitive Computing and Growing Number of AI Applications
- Emergence of Artificial Intelligence and Machine learning
- Incredible Developments in Information and Communications Technology
- Premium Pricing of AI Processors
Rising demand for Edge computing in IOT and The Increasing Dedicated Low-Cost AI Chips for Camera and Vision Applications in Mobile Devices
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Mobile Artificial Intelligence (MAI) Study Sheds Light on
The Mobile Artificial Intelligence (MAI) Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Mobile Artificial Intelligence (MAI) industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Mobile Artificial Intelligence (MAI) industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.