The Europe Mobile Artificial Intelligence Market is expected to witness market growth of 25.7% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Mobile Artificial Intelligence Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $6.80 billion by 2031. The UK market is exhibiting a CAGR of 24.6% during 2024-2031. Additionally, the France market is expected to experience a CAGR of 26.8% during 2024-2031.
Mobile AI is transforming multiple industries by enhancing the functionality of mobile devices. AI-powered voice assistants like Apple’s Siri, Google Assistant, and Amazon Alexa are commonplace on smartphones, enabling users to interact with their devices using natural language.
Additionally, natural Language Processing (NLP) allows mobile devices to comprehend, interpret, and respond to spoken commands, making it easier to perform tasks such as setting reminders, sending messages, or controlling smart home devices. The application of NLP extends beyond voice assistants to improve search results and enhance customer service through AI-driven chatbots and virtual agents.
The growing adoption of AI technologies across businesses in the European Union (EU), combined with significant investments in AI companies, is creating an environment conducive to the rapid expansion of the mobile artificial intelligence market in the region. As AI matures and gains traction across different industries, mobile applications leveraging AI capabilities are expected to become more pervasive and integrated into business operations and consumer experiences.
The Germany market dominated the Europe Mobile Artificial Intelligence Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $6.80 billion by 2031. The UK market is exhibiting a CAGR of 24.6% during 2024-2031. Additionally, the France market is expected to experience a CAGR of 26.8% during 2024-2031.
Mobile AI is transforming multiple industries by enhancing the functionality of mobile devices. AI-powered voice assistants like Apple’s Siri, Google Assistant, and Amazon Alexa are commonplace on smartphones, enabling users to interact with their devices using natural language.
Additionally, natural Language Processing (NLP) allows mobile devices to comprehend, interpret, and respond to spoken commands, making it easier to perform tasks such as setting reminders, sending messages, or controlling smart home devices. The application of NLP extends beyond voice assistants to improve search results and enhance customer service through AI-driven chatbots and virtual agents.
The growing adoption of AI technologies across businesses in the European Union (EU), combined with significant investments in AI companies, is creating an environment conducive to the rapid expansion of the mobile artificial intelligence market in the region. As AI matures and gains traction across different industries, mobile applications leveraging AI capabilities are expected to become more pervasive and integrated into business operations and consumer experiences.
List of Key Companies Profiled
- Nokia Corporation
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- IBM Corporation
- Microsoft Corporation
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Intel Corporation
- Qualcomm Incorporated (Qualcomm Technologies, Inc.)
- NVIDIA Corporation
- Apple Inc.
- Google LLC (Alphabet Inc.)
Market Report Segmentation
By Application- Smartphones
- Robotics
- AR/VR
- Cameras
- Drones
- Automobile
- Other Application
- 10 nm
- 7 nm
- 20-28 nm
- Other Technology Node(12 nm and 14 nm)
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. Europe Mobile Artificial Intelligence Market by Application
Chapter 6. Europe Mobile Artificial Intelligence Market by Technology Node
Chapter 7. Europe Mobile Artificial Intelligence Market by Country
Chapter 8. Company Profiles
Companies Mentioned
- Nokia Corporation
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- IBM Corporation
- Microsoft Corporation
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Intel Corporation
- Qualcomm Incorporated (Qualcomm Technologies, Inc.)
- NVIDIA Corporation
- Apple Inc.
- Google LLC (Alphabet Inc.)
Methodology
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