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Mobile Artificial Intelligence (AI) Market Size

Report ID: GMI7393
Published Date: Nov 2024
Report Format: PDF

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Mobile Artificial Intelligence Market Size

The global mobile artificial intelligence market size was valued at USD 19.5 billion in 2024 and is projected to grow at a CAGR of 25.1% between 2025 and 2034. The rise of augmented reality (AR) and virtual reality (VR) technologies for creating immersive and interactive experiences in education, gaming, and training is predicted to drive industry growth. Additionally, the global proliferation of smartphones has led mobile device manufacturers to develop AI-specific chipsets, enhancing AI processing, efficiency, and performance for diverse applications.

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According to Zippia, approximately 270 million people in the U.S. owned smartphones in 2023. Growing support from regulatory bodies and industry groups in establishing guidelines for responsible AI usage also plays a significant role in industry expansion. Furthermore, the increasing adoption of mobile AI for smartphone photography, offering features like image enhancement, computational photography, and object recognition, is set to boost market growth by improving photo and video quality.

Mobile Artificial Intelligence Market Report Attributes
Report Attribute	Details
Base Year:	2024
Mobile Artificial Intelligence Market Size in 2024:	USD 19.5 Billion
Forecast Period:	2025 to 2034
Forecast Period 2025 to 2034 CAGR:	25.1%
2034 Value Projection:	USD 176.2 Billion
Historical Data for:	2021 – 2024
No. of Pages:	180
Tables, Charts & Figures:	200
Segments covered:	Technology node, Application
Growth Drivers:	Integration of AI in mobile devices Rising popularity of AI-powered photography Expansion of AR and VR applications Increasing global smartphone penetration
Pitfalls & Challenges:	High cost of AI chipsets Privacy and security concerns related to AI applications

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For instance, according to GMI, VR in Gaming Market size was valued at USD 4.59 billion in 2023 and is anticipated to grow at a CAGR of over 30% between 2024 and 2032, propelled by continuous advancements in mobile technology and hardware, enhancing immersion and realism for gamers.

Another growth drive of the mobile artificial intelligence industry is the increasing integration of AI-powered features in smartphones and other mobile devices. AI chipsets are being developed to enhance performance, efficiency, and real-time processing for applications like voice assistants, facial recognition, and augmented reality. The rising demand for mobile AI in sectors such as gaming, education, and healthcare further fuels market expansion.

Smartphone photography, powered by AI algorithms for features like image enhancement and object recognition, has also gained significant traction. Additionally, the global proliferation of smartphones and 5G technology has enabled better connectivity and AI adoption. Support from regulatory bodies for responsible AI practices further encourages market growth.

Authors: Preeti Wadhwani, Satyam Jaiswal

Frequently Asked Questions (FAQ) :

The market size of mobile artificial intelligence reached USD 19.5 billion in 2024 and is set to grow at a 25.1% CAGR from 2025 to 2034, driven by the rise of AR and VR technologies.

The 10nm segment accounted for 40% of the market share in 2024 and is expected to exceed USD 65 billion by 2034, owing to its balance between performance, efficiency, and manufacturing costs.

The U.S. market accounted for 70% share in North America in 2024 and is poised to exceed USD 35 billion by 2034, led by investments from leading technology companies.

The key players in the industry include AWS, Google, Huawei (Hisilicon), IBM, Intel, Mediatek, Microsoft, Nvidia, and Qualcomm.