Mobile AI Market with Growth Trends, Cost Structure, Driving Factors and Future Prospects 2027
                     Market Analysis  
The Mobile AI Market size is anticipated to touch USD 10.28 billion at a whopping 29.52% CAGR 
between 2018- 2023, as per the current Market Research Future (MRFR) analysis. Mobile 
artificial intelligence or mobile AI makes a smart device cleverer by offering advanced software 
and hardware for the efficient operation of the device and better decision making. Mobile AI 
has been made for improved end user functioning as well as surrounding through on-device 
processing & reshaping the experiences of the user. It has wide applications in media and 
entertainment, travel and tourism, education, finance, healthcare, and others.  
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Various factors are propelling the global mobile artificial intelligence market share. According to 
the recent MRFR report, such factors include high penetration of the internet in developing 
countries, increase in mobile phone users, advances in technology in mobile phone processors, 
growing adoption of AI from device manufacturers and application developers for better 
customer experience, and increasing adoption of cloud-based applications and AI. Additional 
factors adding market growth include the advent of 4G and 5G, the availability of customization 
option, increasing research and development activities by key players, growing expansion 
activities through agreements and strategic partnerships, and increasing mergers and 
acquisitions among international and regional players.  
On the contrary, the high price of AI processors, scarcity of trained experts, and the on-going 
COVID-19 outbreak may impede the global mobile artificial intelligence market growth over the 
forecast period. 
Key Players 
Key contenders profiled in the global mobile AI industry report include Graphcore (UK), Google 
Inc (US), MediaTek (Taiwan), Microsoft Corporation (US), IBM Corporation (US), Intel 
Corporation (US), Qualcomm (US), Amazon Inc (US), Samsung Electronics (South Korea), Huawei 
(China), NVIDIA (US), and Apple Inc (US).  
Market Segmentation 
The MRFR report highlights an inclusive segmental analysis of the Mobile AI Market Report 
based on vertical, application, and mobile platforms.  
By mobile platform, the global mobile artificial intelligence market is segmented into Windows, 
iOS, and Android.  
By application, the global mobile artificial intelligence market is segmented into drones, 
chatbots, camera, navigation, virtual assistant, and others.  
By vertical, the global mobile artificial intelligence market is segmented into media and 
entertainment, travel and tourism, education, finance, healthcare, and others.  
Regional Analysis 
Based on the region, the global mobile artificial intelligence (AI) market report covers the 
growth opportunities and recent trends across the Asia Pacific (APAC), North America, Europe, 
& the Rest of the World (RoW). Of these, North America will lead the market over the forecast 
period. The presence of multiple key players, an increase in the manufacturing of AI processors 
to introduce built-in AI features to smartphones, and the adoption of different advanced 
technologies are adding to the global mobile artificial intelligence market growth in the region.  
The mobile artificial intelligence market in the APAC region is predicted to have healthy growth 
over the forecast period. The increasing adoption of mobile AI in China, the huge growth 
potential of applications like chatbots and virtual assistant, and huge funds being raised in 
China by AI start-ups to produce AI-processors is adding to the global mobile artificial 
intelligence market growth in the region. China holds the utmost share in the market.  
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The global mobile artificial intelligence market in Europe is predicted to have notable growth 
over the forecast period. Increasing support from the government for AI-startups is adding to 
the global mobile artificial intelligence market growth in the region.  
The mobile artificial intelligence market in the RoW is predicted to have sound growth over the 
forecast period. The increasing penetration of AI-enabled smartphone that results in the 
growing use of mobile handsets in enterprises to boost efficiency and productivity is adding to 
the global mobile artificial intelligence market growth in the region.  
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