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Mobile Artificial Intelligence (AI) Market Trends

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

Mobile Artificial Intelligence Market Trends

A key trend in the mobile artificial intelligence (AI) industry is the increasing integration of AI-specific chipsets in smartphones, enabling advanced features like real-time language translation, enhanced photography, and personalized user experiences. AR and VR applications for gaming, education, and training are driving demand for AI-enhanced mobile devices. Edge AI, which processes data locally on devices rather than relying on cloud computing, is gaining popularity for faster response times and improved privacy.
 

AI-powered virtual assistants, like Siri and Alexa, are becoming more intuitive and widely adopted. Additionally, smartphone manufacturers are focusing on energy-efficient AI chipsets to enhance battery performance. The trend toward AI in 5G-enabled devices is further fueling innovation.
 

For instance, the introduction of MediaTek's Dimensity 9300 and Qualcomm's Snapdragon 8 Gen 3 chipsets. These AI-specific processors, estimated to power premium smartphones like the Samsung Galaxy S24 and OnePlus 12, allow tasks such as natural language processing and image enhancements to run directly on devices. This shift from cloud-based AI to on-device processing improves efficiency, reduces latency, and enhances privacy, marking a significant trend in the mobile AI landscape?.
 

One challenge in the mobile artificial intelligence industry is addressing data privacy and security concerns. As AI-enabled mobile devices process sensitive user data, ensuring robust on-device security becomes critical. The risk of data breaches and unauthorized access can hinder consumer trust and adoption. Additionally, regulatory compliance with global and regional data protection laws, such as GDPR or CCPA, increases complexity for manufacturers. Overcoming these issues requires significant investment in advanced encryption and privacy-preserving technologies, making it a key hurdle for market players. ?

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.

Mobile Artificial Intelligence Market Scope

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Premium Report Details

  • Base Year: 2024
  • Companies covered: 20
  • Tables & Figures: 200
  • Countries covered: 21
  • Pages: 180
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