Home > Media & Technology > Next Generation Technologies > AI and Machine Learning > Mobile Artificial Intelligence (AI) Market
Mobile Artificial Intelligence Market size was valued at USD 14.3 billion in 2022 and is anticipated to register a CAGR of 25.5% between 2023 and 2032. The advent of augmented reality (AR) and virtual reality (VR) technologies for enabling immersive and interactive experiences in education, gaming, and training will influence the industry growth. With the increasing usage of smartphones worldwide, mobile device manufacturers are widely developing and incorporating AI-specific chipsets for enhancing AI processing, efficiency, and performance to cater to various applications.
According to Zippia research, around 270 million people in the U.S. owned a smartphone as of 2023. The surging support from regulatory bodies and industry groups for establishing guidelines and standards for responsible AI usage is another important factor driving the market growth.
Report Attribute | Details |
---|---|
Base Year: | 2022 |
Mobile Artificial Intelligence (AI) Market Size in 2022: | USD 14.3 Billion |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 25.5% |
2032 Value Projection: | USD 271.7 Billion |
Historical Data for: | 2018 to 2022 |
No. of Pages: | 230 |
Tables, Charts & Figures: | 229 |
Segments covered: | Technology node, Application |
Growth Drivers: |
|
Pitfalls & Challenges: |
|
The surging trend of smartphone photography driven by the subsequent adoption of mobile AI to improve the quality of photography will influence the mobile artificial intelligence market size. This can be attributed to the features, such as image enhancement, computational photography, and object recognition offered by AI algorithms for better photo and video quality.
The dearth of standardized frameworks as well as protocols for mobile AI can lead to interoperability issues. The higher costs of developing and incorporating AI technologies in mobile devices necessitating significant R&D investments will also limit the industry’s expansion.
The COVID-19 pandemic acted as a potential booster for the market expansion due to the higher adoption of AI-powered solutions in the healthcare, education, and e-commerce sectors for streamlining processes, enhancing user experiences, and enabling remote operations. With the surging need for AI-driven telehealth solutions, diagnostic tools, and contactless monitoring by healthcare providers to combat the virus, mobile AI applications experienced surging demand. According to research presented at the European Respiratory Society International Congress in September 2022, AI was deployed to detect COVID-19 infection in the voices of people by means of mobile phone app.
The burgeoning number of cyber threats along with the robust need to protect against unauthorized access will enhance the industry outlook. As per Fortified’s 2023 Mid-Year Horizon Report: The State of Cybersecurity in Healthcare, 21% of healthcare data breaches occurred due to unauthorized access and disclosure in 2023, showing a 133% rise from 2022. To that end, mobile AI is increasingly adopted for enhancing device security, such as fingerprint authentication, facial recognition, and behavior-based anomaly detection.
Based on technology node, the 10nm segment held over 42% of the market share in 2022, led by the surging necessity of more powerful and energy-efficient processors in smartphones and other mobile devices. 10nm technology facilitates the incorporation of dedicated AI accelerators on mobile processors for handling AI-related computations to render improved efficiency of AI tasks on mobile devices. Rising adoption for limiting the reliance on cloud-based processing in applications requiring low latency and real-time responsiveness will also prove favorable for the 10nm technology adoption.
Based on application, the smartphones segment accounted for 30% of the mobile artificial intelligence market share in 2022. The ongoing development of AI technologies is leading to higher integration into smartphones to improve functionality, enhance user experiences, and provide valuable services.
In July 2023, Google launched Android 14, comprising a plethora of AI capabilities for its Google's ChatGPT and Bard AI technologies. With the rising popularity of health and fitness applications and wearables, smartphone sensors and AI are deployed for tracking physical activity, sleep patterns, heart rate, and detect falls. Growing usage of navigation apps for providing real-time traffic information along with the increasing penetration of smartphones will drive the segment expansion.
North America mobile artificial intelligence market recorded more than 32% of revenue share in 2022, propelled by the rising popularity of voice-activated AI assistants, such as Siri, Google Assistant, and Amazon Alexa. As per recent estimates, nearly 36.6% of the U.S. residents make use of voice assistants. With the increasing strides in mobile gaming industry, the growing need to create immersive and responsive gaming experiences is driving the adoption of mobile AI technology. The strong demand autonomous vehicles along with the rising integration of smartphones with vehicle systems for advanced features and connectivity will fuel the regional market growth.
Major companies operating in the mobile artificial intelligence industry are:
These companies are dominating the market due to their specialized offerings. These players excel in specific functionalities, catering to diverse industry requirements, thus driving their market dominance.
Click here to Buy Section of this Report
Market, By Technology Node
Market, By Application
The above information has been provided for the following regions and countries: