Published on: June 16, 2021
The mobile artificial intelligence market will register steady growth during 2021-2025.
The market is categorized under the system software industry, which was worth almost $304.42 billion in 2020.
Google, Microsoft, IBM, SAP, and SALESFORCE are some of the key companies operating in the mobile AI market.
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The market is highly competitive. To expand their presence in this already competitive market and make the most of new growth opportunities, vendors are engaging in several growth strategies including strategic partnerships, M&As, and new product launches. Moreover, with the growing demand from the regional and global markets, market players are also focusing on increasing production.
Mobile artificial intelligence market trends like the growth in ethical AI development to boost the adoption of AI technology will fuel the demand for mobile AI. The growth of data-based AI and advancement in deep learning will also have a significant influence on market growth.
The limited number of AI experts is expected to hinder the growth of the market.
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The global market for mobile AI has been segmented by application and geography. Based on Application, the market has been further segmented into Smartphones, Cameras, Drones, Automotive, Robotics, AR/VR, Smart Boards, and PCS.
Based on geography, the market has been further segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa (MEA). North America will be a key market for mobile AI and the region will offer several growth opportunities to market players.
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The report also provides a country-level analysis of the growth opportunities and challenges in key markets including – US, Canada, Germany, France, the UK, China, India, Saudi Arabia, UAE, and Brazil.
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Scope of the Report | |
Report Coverage | Details |
Page number | 120 |
Base year | 2020 |
Forecast period | 2021-2025 |
Parent Market | System software |
Parent Market Size | $304.42 billion |
By Application | Smartphones | Cameras | Drones | Automotive | Robotics | AR/VR | Smart Boards | PCS |
Regional analysis | North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa (MEA) |
Companies profiled | Google, Microsoft, IBM, SAP and SALESFORCE |
Top Market Trend | Growth of data-based AI and advancement in deep learning | Growth in ethical AI development to boost the adoption of AI technology |
Report Benefits | Market trends analysis, Competitor market share and strategies, Company profiling and competitive benchmarking, Growth opportunities in global and regional levels, Business implications of market risks and challenges, |