Mobile Artificial Intelligence (AI) Market By Technology node(20-28nm, 10nm , and 7nm)
Mobile AI (Artificial Intelligence) has formed a huge impact on human interaction with devices and machines, in numerous industries such as the advertisement, travel, utility, telecom and machinery industry. Mobile AI has the capability to execute and complete monotonous jobs that are extremely exhausting for people. It is also utilized to find out areas extremely with ease by utilizing augmented reality and is essential in fields that require a high level of accuracy and exactness.
Artificial Intelligence is more than a smart technology, as it brings boo to the existing andemerging technologies especially in Telecom, Technology and Media industry. Looking at the influxion in the new technologies like Virtual Assistance, Self-Driving Cars, Chatbots, etc., there will be soon an incredible flow of technologies that can be imagined only in sci-fi movies.
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The key factors propelling the adoption of mobile AI are increasing demand for AI-capable processors in mobile devices, the increasing number of AI applications and the upsurge of cognitive computing. Further, rising demand for edge computing in IoT and devoted low-cost AI chips for vision and camera applications in mobile devices are anticipated to provide growth opportunities over the next few years. However, the limited number of AI experts and premium pricing of AI processors are the factors restraining the growth of mobile AI market.
According to the “The Insight Partners Knowledge Services research report “Mobile Artificial Intelligence (AI) Market by Application (Smartphones, Cameras, Drones, Automotive, AR/VR, Robotics, Smart Boards, and PCS), Technology Node (10nm, 20 to 28nm, 7nm and Others), and Geography – Global Forecast to 2023″, 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.
Mobile AI market for smartphone applications to register largest shipment in 2018
Increasing demand for real-time speech and voice recognition and analysis, along with technical advancements in smartphone image recognition, is driving the growth of the market for AI processors for smartphones. On-device AI uses dedicated AI chipsets that will 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. All these factors are contributing to the growth of the mobile AI market for smartphone applications.
Mobile AI market for 20–28nm technology nodes to grow at highest rate during forecast period
The market for drones, robotics, and surveillance cameras, in which 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. Increasing participation of various automotive and IT giants to develop autonomous cars is propelling the growth of the mobile AI market for autonomous driving.
The key players influencing the mobile AI market are NVIDIA Corporation, Intel Corporation, Microsoft Corporation, IBM Corporation, Qualcomm Inc., Apple Inc., HiSilicon Technologies Co., Ltd. (A Huawei Company), Alphabet, Inc. (Google), MediaTek Inc. and Samsung Electronics.
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