Top Companies in the Mobile Artificial Intelligence Market | Industry Top Player Comprehensive analysis by Vantage Market Research
The market evolution has been driven by the increasing adoption of AI-based solutions across various industries, including healthcare, retail, manufacturing, transportation, logistics, and others.
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Upcoming Trends in Mobile Artificial Intelligence Market
The Global Mobile Artificial Intelligence Market is valued at USD 8.82 Billion in the year 2021 and is projected to reach a value of USD 37.92 Billion by the year 2028. The Global Market is expected to grow at a Compound Annual Growth Rate (CAGR) of 27.50% over the forecast period. Artificial Intelligence (AI) is playing an increasingly prominent role in day-to-day lives and it has abilities to transform the technological landscape as it continues to develop. Complex algorithms and processes, such as machine learning and deep learning, are driving the transformation boosting the need for more powerful on-device AI solutions. From the camera to smart assistants, AI can be found in almost every smartphone feature. By simulating human intelligence, AI enables devices to acquire information and rules automatically, and even reach conclusions and take actions independently.
These capabilities enable mobile devices to offer more enriching and secure experiences. As the technology continues to advance, fast and power-efficient on-device AI solutions will be the key to unlocking future innovations, such as virtual reality and autonomous driving and reducing the reliance on cloud AI operations.
Some of the key players operating in the Mobile Artificial Intelligence Market are listed below:
|
Company Name |
Revenue in USD |
|
$378 Billion |
|
|
$257 Billion |
|
$57 Billion |
|
$117 Billion |
|
$264 Million |
|
$5 Billion |
|
$49 Billion |
|
$24 Billion |
|
$18 Billion |
|
$4 Billion |
|
$5 Billion |
Apple Inc. is an American multinational technology company that specializes in consumer electronics, software, and online services. The company is listed as AAPL (NASDAQ) and generates revenue of USD 124 billion in 2021. The company has 6,100 employees working.
Google LLC is an American multinational technology company that focuses on artificial intelligence, search engine, online advertising, cloud computing, computer software, quantum computing, e-commerce, and consumer electronics.
International Business Machines Corporation is an American multinational technology corporation headquartered in Armonk, New York, with operations in over 171 countries. The company generated USD 5,735 Million in 2021. The company is located in Armonk, New York, United States. In 2022, the company has 2,70,000 employees working across its major locations worldwide. The company has various subsidiaries such as Red Hat Software, FileNet, IBM India Private Limited, and various others.
The Facebook Company is now Meta. Meta builds technologies that help people connect, find communities, and grow businesses. When Facebook launched in 2004, it changed the way people connect. Apps like Messenger, Instagram, and WhatsApp further empowered billions around the world. Now, Meta is moving beyond 2D screens toward immersive experiences like augmented and virtual reality to help build the next evolution in social technology. The company is the parent organization of Facebook, Instagram, and WhatsApp, among other subsidiaries. The company is listed as FB(NASDAQ) in the stock exchange market.
F-Secure Corporation is a global cyber security and privacy company with over 30 offices around the world and is headquartered in Helsinki, Finland. The company was founded in 1988. The company has nearly 30 offices around the globe and a presence in more than 100 countries, with Security Lab operations in Helsinki and Kuala Lumpur, Malaysia. The company is listed as FSC1V (HEL) in the stock exchange market. In 2020, the company generated revenue of USD 1.44 Million and had 1,678 employees working across the globe.
Tech Mahindra is an Indian multinational information technology services and consulting company. Part of the Mahindra Group, the company is headquartered in Pune and has it Tech Mahindra is a US$5.2 billion company with 125,236 employees across 90 countries. The company is listed as TECHM (NSE) in the stock exchange market. In 2020, the company generated revenue of USD 5.4 Billion and had 10,000 employees working across the globe.
Cisco is an American multinational technology conglomerate corporation headquartered in San Jose, California. Integral to the growth of Silicon Valley, Cisco develops, manufactures, and sells networking hardware, software, telecommunications equipment, and other high-technology services and products. The company is listed as CSCO (NASDAQ) in the stock exchange market. In 2020, the company generated revenue of USD 4.9 Billion and had 79,500 employees working across the globe.
Nvidia Corporation is an American multinational technology company incorporated in Delaware and based in Santa Clara, California. It designs graphics processing units for the gaming and professional markets, as well as system on chip units for the mobile computing and automotive market. The company is listed as NVDA (NASDAQ) in the stock exchange market. In 2020, the company generated revenue of USD 1.02 Billion and had 18,100 employees working across the globe.
Mastercard Inc. is an American multinational financial services corporation headquartered in the Mastercard International Global Headquarters in Purchase, New York. The Global Operations Headquarters is located in O'Fallon, Missouri, a municipality of St. Charles County, Missouri. In 2021, the company had 24,000 employees working across its major locations worldwide. The company has various subsidiaries such as Access Prepaid Australia Pty Ltd., Cirrus, Transfast, and various others.
Worldline is a French multinational payment and transactional services company founded in 1974. It is the European leader in the payments and transactional services industry and the #4 player worldwide with over 20,000 employees in more than 50 countries. The company is listed as WLN (EPA) on the stock exchange.
Adyen is a Dutch payment company that allows businesses to accept e-commerce, mobile, and point-of-sale payments. It is listed on the stock exchange Euronext. The company is listed as ADYEN (AMS) in the stock exchange market. In 2020, the company generated revenue of USD 75.31 million and had 2,300 employees working across the globe.
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