Press Releases
 
Mobile Artificial Intelligence (AI) Market Size, Share, Trends, Companies | Industry Report (2018 -

Mobile Artificial Intelligence (AI) Market by Application (Smartphones, Cameras, Drones, Automotive, AR/VR, Robotics, Smart Boards, and PCS)

United States, 13 March 2019 -- Mobile Artificial Intelligence (AI) Market by Application (Smartphones, Cameras, Drones, Automotive, AR/VR, Robotics, Smart Boards, and PCS)

According to MarketsandMarkets, the mobile AI market is expected to reach USD 17.83 billion by 2023 from USD 5.11 billion in 2018, at a CAGR of 28.41% during the forecast period. The growth of this market can be attributed to the increasing demand for AI-capable processors for use in mobile devices, rise in cognitive computing, and growing number of AI applications.

https://www.marketsandmarkets.com/Market-Reports/mobile-artificial-intelligence-market-138681717.html

This report covers the mobile AI market by application, technology node, and geography. Among all applications, smartphones are expected to hold the largest size of the market throughout the forecast period. Growing requirement for higher security, low latency, faster computing, and less reliance on connectivity is boosting the adoption of devices with dedicated AI chips. On-device AI uses dedicated AI chipsets, which are likely to become prominent in all flagship smartphones in the near future. It is expected that the use of dedicated AI chips in smartphones will increase substantially by 2023, and these chips will be available in most smartphones sold in the coming years.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=138681717

The mobile AI market for AR/VR applications is expected to grow at the highest rate between 2018 and 2023. Large tech companies such as Qualcomm (US), Google, Microsoft (US), and Apple (US) have shown their interests in contributing to the growth of augmented technology by adopting strategies such as product launches, acquisitions, or funding. AR and VR, coupled with AI, will provide smarter, more relevant, and personalized experience. For instance, in July 2017, Microsoft announced the next generation of its mixed reality HoloLens headset HoloLens 2 which will have a dedicated AI coprocessor known as the Holographic Processing Unit (HPU). Qualcomm, in February 2018, announced its Snapdragon 845 VR headset reference design to fuel next-generation VR experience.

In terms of technology node, the mobile AI market for 20–28nm is expected to grow at a high rate between 2018 and 2023. The market for drones, robotics, and surveillance cameras wherein vision processing units are used is likely to grow at a significant rate in the near future. Processors such as VPU Jetson and S32V234 are built upon 20–28nm technology nodes. These processors are used in an array of applications, including ADAS, drones, robotics, security cameras, and AR/VR headsets.

The mobile AI market in APAC is expected to grow at the highest CAGR during the forecast period. The region is becoming the center of attraction for major investments as it holds significant business expansion opportunities. Various AI processor start-ups in China are raising funds to grow in the market. For example, ThinkForce (China) raised around USD 68 million, and DeePhi (China) raised around USD 40 million. Along with this, increasing government spending to boost the AI network in China is expected to further contribute to market growth during the forecast period.

Speak to Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=138681717

Factors such as premium pricing of AI processors and limited number of AI experts are restraining market growth.

Major players in the mobile AI market are Apple (US), NVIDIA (US), Huawei (China), Samsung Electronics (South Korea), Qualcomm (US), Intel (US), IBM (US), Microsoft (US), MediaTek (Taiwan), and Google (US).





About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Shelly Singh

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: 1-888-600-6441



# # #


Image Attached Image Attached Download file at: Suite 430
(Right click and save file to download.)

Document Attached Image Attached Download file at: 60062
(Right click and save file to download.)

Submitted by stevestark002 on Wednesday, 13 March 2019 at 4:03 PM
Category: Consumer Technology
 
Related News

Future Electronics and ON Semiconductor to Host Free Power Seminar in Seattle
Thursday, 21 Mar 2019

Future Electronics to Host Free Power Seminar with ON Semiconductor in San Jose
Thursday, 21 Mar 2019

Global and Regional Mobile Video Surveillance Industry - Growth Analysis and Forecast 2024
Wednesday, 20 Mar 2019

Automated 3D Printing Market Size, Growth, Trend and Forecast to 2023 | MarketsandMarkets
Wednesday, 20 Mar 2019

Smart Thermostat Market Projected to Reach a Value of US$ 3.4 Billion by 2023 and CAGR 20%
Tuesday, 19 Mar 2019

Related Events

Foam Expo North America Exhibition And Conference
Tuesday, 26 Mar 2019

Palo Alto Networks: Mejores practicas de ciberseguridad
Wednesday, 27 Mar 2019

Palo Alto Networks: MEEC UMBC 2019 Conference
Thursday, 28 Mar 2019

Gulf Information Security Expo and Conference (GISEC 2019)
Monday, 1 Apr 2019

Palo Alto Networks: R2 Traps Customer UTD
Tuesday, 2 Apr 2019

Latest News

American Process - A NEW ERA
Thursday, 21 Mar 2019

Future Electronics and ON Semiconductor to Host Free Power Seminar in Seattle
Thursday, 21 Mar 2019

Qingdao Rosy Future Home Textile Stands The Most Trustworthy Bedding Manufacturer
Thursday, 21 Mar 2019

Use Phone System For Dialling Success Around The World
Thursday, 21 Mar 2019

Online Agency Releases Web Writing Advice for Businesses
Thursday, 21 Mar 2019

 
Want to get your press releases, event listings, and job ads on Scoopasia? Register now for a FREE account or login if you already have one!
Scoopasia v1.0b. Copyright © 2019
Today is Thursday, 21 March 2019

About Scoopasia | FAQ | Privacy Policy | Contact Us

Press Releases
Event Listings
Job Listings
Arts & Entertainment
Architecture & Construction
Automotive & Travel
Business
Consumer Technology
Economy
Education
Enterprise Technology
Food & Fashion
Government & Policy
Health Care & Medical
Legal/Law
News & Media
Religion
Science & Research
Sports & Fitness
Login / Register
Get Scoopasia through RSS Feeds & Email Notifications!


Journalist's Toolbox
Hello journalist, welcome to Scoopasia--a powerful online resource for media information in Asia. Scoopasia has press releases and media events for every beat and industry. All content on Scoopasia is 100% FREE. You don't even need to login!

  • Scoop Line
    (Instant Information Request)
    The easiest way to ask questions and request information from the PR community.


  • Advanced Search
    Drill down, dig deep, for media information the way you want it.

  • Journalist's Resources
    Resources and tools you can't do without.

  • PR Tools
    Scoopasia Blog Search
    Search the largest handpicked collection of Asia's most prominent and influential blogs.


    Resources
  • PR Bookmarks
  • Web 2.0 Bookmarks
  • Media Bookmarks

    More Coming Soon...

  • Upcoming Events
  • Choose the Best Industrial Construction Company in Amarillo TX
  • Clinical Reviews 2019: 30th Annual Family Med And Internal Med Update
  • SPE Workshop: Innovative Arctic Technologies | 2019 | Harstad, Norway
  • Palo Alto Networks: Cybersecurity Forum 2019 (Singapore)
  • 16th St. Gallen International Breast Cancer Conference

  • Latest Jobs
    Sorry, there are currently no entries posted here.