North America is the largest mobile artificial intelligence market

The global mobile artificial intelligence market is growing at a significant rate, due to the mounting requirement for AI-capable processors in mobile devices and the upsurge of cognitive computing. Different applications such as drones, smartphones, cameras, and automotive contributed to the mobile artificial intelligence market size. The market has witnessed a high demand for the smartphone segment in the coming years due to the mounting necessity for quicker computing, advanced security, low latency, and less dependence on connectivity. 

On the basis of application the mobile artificial intelligence market is subdivided into smartphones, AR/VR (Augmented Reality/Virtual Reality), robotics, cameras, automotive, drones, and others. Among all applications, the smartphone segment accounted for the largest share in the mobile artificial intelligence market, due to the mounting necessity for quicker computing, advanced security, low latency, and less dependence on connectivity. In addition, AR/VR application is expected to grow at the fastest rate in the market, as large market players are contributing to the growth of technology by adopting strategies such as product launch, funding, and acquisition. 

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The mounting requirement for AI-capable processors in mobile devices, developing a number of AI applications, intensifying involvement of several automotive and IT giants to develop autonomous cars, technological advancement in smartphone image recognition, and the upsurge of cognitive computing are the primary growth drivers for mobile artificial intelligence market.

The big tech companies in developing technologies, such as augmented reality and virtual reality, which is further facilitating the growth of the market. For instance, Qualcomm Incorporated introduced a new virtual reality (VR) orientation platform created on the powerful Qualcomm Snapdragon 845 Mobile Platform, to deliver novel advancement in technology and to capitalize on budding standalone and smartphone VR industry.

Geographically, North America is the largest mobile artificial intelligence market due to the mounting requirement for AI-capable processors in mobile devices. In addition, technological advancement in smartphone image recognition, and big tech companies in developing technologies, such as augmented reality and virtual reality are also facilitating the growth of the North American mobile artificial intelligence market.

Asia-Pacific is observed to witness the fastest growth in the market due to mounting government spending. In addition, developing a number of AI applications, and the upsurge of cognitive computing are also supporting the growth of the Asia-Pacific mobile artificial intelligence market.

NVIDIA, International Business Machines Corporation (IBM), Samsung, Intel, Apple, Alphabet, Inc. (Google), Microsoft Corporation, MediaTek, Qualcomm Incorporated, and Huawei (Hisilicon) are the key players offering mobile artificial intelligence solutions. 

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