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Mobile Artificial Intelligence (AI) Market Size

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

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Mobile Artificial Intelligence Market Size

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.

Mobile Artificial Intelligence Market

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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.

Mobile Artificial Intelligence (AI) Market Report Attributes
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:	Proliferation of smart devices Rise in mobile commerce and payments Advancements in AI technologies Increased focus on user experience
Pitfalls & Challenges:	Data privacy and security concerns Complex regulatory compliance

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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.

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.