According to a new report, published by KBV research, The Global Mobile Artificial Intelligence Market size is expected to reach $102.37 billion by 2031, rising at a market growth of 26.2% CAGR during the forecast period.
The Smartphones segment is leading the Global Mobile Artificial Intelligence Market by Application in 2023, thereby, achieving a market value of $33.56 billion by 2031. Integrating AI capabilities into smartphones has transformed user experiences through features like voice assistants, advanced computational photography, facial recognition, and predictive text. The growing demand for AI-driven smartphones that offer seamless multitasking, optimized battery performance, and personalized applications has solidified the segment’s dominance. Continuous advancements in AI chipsets and software enhancements further bolster this segment’s growth.
The 7 nm segment is anticipating a CAGR of 26.4% during (2024 - 2031). As a more advanced process node, 7 nm technology is predominantly used in high-end devices, providing superior performance and energy efficiency. Its ability to support complex AI workloads, such as real-time AI inference and advanced computational photography, has made it a preferred choice for flagship smartphones and cutting-edge mobile applications. The continuous advancements in fabrication techniques and the integration of 7 nm technology into premium chipsets are key drivers of its market presence.
Full Report: https://www.kbvresearch.com/mobile-artificial-intelligence-market/
The North America region dominated the Global Mobile Artificial Intelligence Market by Region in 2023; thereby, achieving a market value of $34.68 billion by 2031. The Europe region is experiencing a CAGR of 25.7% during (2024 - 2031). Additionally, The Asia Pacific region is exhibiting a CAGR of 26.8% during (2024 - 2031).
By Application
By Technology Node