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Mobile Artificial Intelligence (AI) Market Trends

Report ID: GMI7393
Published Date: Nov 2023
Report Format: PDF

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Mobile Artificial Intelligence Market Trends

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.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of mobile artificial intelligence reached USD 14.3 billion in 2022 and is set to witness 25.5% CAGR between 2023 and 2032, due to the advent of AR and VR technologies for enabling immersive and interactive experiences in education, gaming, and training.

The smartphones application segment held around 30% of the market share in 2022, driven by the ongoing development of AI technologies to improve functionality, enhance user experiences, and provide valuable services.

North America recorded around 32% of the market share in 2022, owing to the rising popularity of voice-activated AI assistants, such as Siri, Google Assistant, and Amazon Alexa in the region.

Some of the leading mobile artificial intelligence companies are AWS, Google LLC, Huawei (HiSilicon), IBM Corporation, Intel Corporation, MediaTek, Microsoft Corporation, and Nvidia.