Mobile Artificial Intelligence Market to reach USD 13.26 billion by 2024, Alphabet Inc. and Apple Inc. emerge as a Key Contributors to growth | Technavio

LONDON--(BUSINESS WIRE)--Oct 5, 2020--

Technavio has been monitoring the mobile artificial intelligence market and it is poised to grow by USD 13.26 billion during 2020-2024, progressing at a CAGR of over 29% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Technavio has announced its latest market research report titled Global Mobile Artificial Intelligence Market 2020-2024 (Graphic: Business Wire)

To learn more about the global trends impacting the future of market research, download a free sample:https://www.technavio.com/talk-to-us?report=IRTNTR40360

This Report Addresses:

  • The market size from 2020-2024
  • Expected market growth until 2024
  • Forecast of how market drivers, restraints, and future opportunities will affect the market dynamics
  • Segments and regions that will drive or lead market growth and why
  • Comprehensive mapping of the competitive landscape
  • In-depth analysis of key sustainability strategies adopted by market players

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts

Frequently Asked Questions-

  • Based on segmentation by application, which is the leading segment in the market?
  • The smartphone segment are expected to be the leading segment based on application in the global market.
  • What are the major trends in the market?
  • Increasing use of AI chip-enabled mobile devices is one of the major trends in the market.
  • At what rate is the market projected to grow?
  • Growing at a CAGR of over 29%, the incremental growth of the market is anticipated to be USD 13.26 billion.
  • Who are the top players in the market?
  • Alphabet Inc., Apple Inc., Huawei Investment & Holding Co. Ltd., Imagination Technologies Ltd., Intel Corp., International Business Machines Corp., MediaTek Inc., NVIDIA Corp., Qualcomm Inc., and Samsung Electronics Co. Ltd. are some of the major market participants.
  • What are the key market drivers?
  • The introduction of new chips is one of the major factors driving the market.
  • How big is the North America market?
  • The North America region will contribute 39% of market growth.

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Alphabet Inc., Apple Inc., Huawei Investment & Holding Co. Ltd., Imagination Technologies Ltd., Intel Corp., International Business Machines Corp., MediaTek Inc., NVIDIA Corp., Qualcomm Inc., and Samsung Electronics Co. Ltd. are some of the major market participants. The introduction of new chips will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Mobile Artificial Intelligence Market 2020-2024: Segmentation

Mobile Artificial Intelligence Market is segmented as below:

  • Application
    • Smartphone
    • Camera
    • Automotive
    • Robotics
    • Others
  • Geographic Landscape
    • APAC
    • Europe
    • MEA
    • North America
    • South America

Mobile Artificial Intelligence Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The mobile artificial intelligence market report covers the following areas:

  • Mobile Artificial Intelligence Market Size
  • Mobile Artificial Intelligence Market Trends
  • Mobile Artificial Intelligence Market Analysis

This study identifies the increasing use of AI chip-enabled mobile devices as one of the prime reasons driving the mobile artificial intelligence market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Mobile Artificial Intelligence Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist mobile artificial intelligence market growth during the next five years
  • Estimation of the mobile artificial intelligence market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the mobile artificial intelligence market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of mobile artificial intelligence market vendors

Table of Contents:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • Preface
  • Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2019
  • Market outlook
  • Market size and forecast 2019-2024

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY APPLICATION

  • Market segmentation by application
  • Comparison by application
  • Smartphone - Market size and forecast 2019-2024
  • Camera - Market size and forecast 2019-2024
  • Automotive - Market size and forecast 2019-2024
  • Robotics - Market size and forecast 2019-2024
  • Others - Market size and forecast 2019-2024
  • Market opportunity by application

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • APAC - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • Increasing demand for edge computing in IoT
  • Introduction of new chips
  • Increasing number of acquisitions and partnerships

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Alphabet Inc.
  • Apple Inc.
  • Huawei Investment & Holding Co. Ltd.
  • Imagination Technologies Ltd.
  • Intel Corp.
  • International Business Machines Corp.
  • MediaTek Inc.
  • NVIDIA Corp.
  • Qualcomm Inc.
  • Samsung Electronics Co. Ltd.

PART 14: APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com:https://www.businesswire.com/news/home/20201005005477/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

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UK: +44 203 893 3200

Email:[email protected]

Website:www.technavio.com/

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SOURCE: Technavio Research

Copyright Business Wire 2020.

PUB: 10/05/2020 10:30 AM/DISC: 10/05/2020 10:30 AM

http://www.businesswire.com/news/home/20201005005477/en

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