Artificial Intelligence
Metaconvergence: How the Global Metaverse, Digital Human Avatars, and NFT Markets Shape a New Digital Paradigm
Vancouver, Aug. 14, 2023 (GLOBE NEWSWIRE) — The convergence of the global metaverse, digital human avatar, and Non-Fungible Token (NFT) markets is driving a wave of transformative opportunities within the rapidly evolving digital industry. A symphony of advanced technologies including blockchain, cryptocurrencies, NFTs, Artificial Intelligence (AI), Augmented Reality (AR), and Virtual Reality (VR) is propelling the revenue growth of the metaverse, catalyzing the development of innovative technologies and reshaping the way we interact and conduct business in virtual spaces.
Scope of Research
| Report Details | Metaverse Market | Digital Human Avatar Market | NFT Market |
| Market size in 2022 | USD 62.65 Billion | USD 29.51Billion | USD 21.07 Billion |
| CAGR (2023–2032) | 39.2% | 34.2% | 34.4% |
| Revenue forecast to 2032 | USD 1,785.09 Billion | USD 707.70 Billion | USD 403.29 Billion |
| Base year for estimation | 2022 | ||
| Historical data | 2020-2021 | ||
| Forecast period | 2023–2032 | ||
| Quantitative units | Revenue in USD Billion and CAGR in % from 2023 to 2032 | ||
| Report coverage | Revenue forecast, company ranking, competitive landscape, growth factors, and trends | ||
| Segments covered | Component, Application, Platform, Offerings, Technology, End-Use, And Region | Product Type, Industry Verticals, And Region | Category, Application, And Region |
| Regional scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa | ||
| Country scope | U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Benelux, Rest of Europe, China, India, Japan, South Korea, Rest of APAC, Brazil, Rest of LATAM, Saudi Arabia, UAE, South Africa, Turkey, Rest of MEA | ||
| Key companies profiled | Meta, ByteDance, Tencent Holdings Ltd., NetEase, Inc., Alibaba Cloud, Epic Games, Inc., Roblox Corporation, Microsoft, Google, NVIDIA, Unity Technologies, Lilith Games, and Nextech AR Solutions Inc. | Tencent Holdings Limited, Nvidia Corporation, Microsoft Corporation, NetEase, Inc., Epic Games, Roblox Corp, Amelia U.S LLC, DeepBrain AI, UneeQ Digital Humans, Soul Machine, Hour One, Wolf3D, HYPERVSN, Synthesia Ltd., and Didimo Inc. | ScienceSoft USA Corporation, Innowise Group, Inoru, Zfort Group, Blockchain App Factory, Brugu, Chaincella, AppDupe and Crypto.com |
| Customization scope | 10 hours of free customization and expert consultation | ||
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The Emergence of the Metaverse
Cryptocurrencies like Bitcoin and the rise of Web3 technology have paved the way for the emergence of the metaverse. Ethereum, a leading blockchain, is providing the foundation for this new digital realm, where users play a central role in an open environment relatively free from strict regulations. By 2026, it is projected that a staggering 25% of individuals will spend at least one hour daily in the metaverse, engaging in activities ranging from education and work to shopping and socializing.
Decentralized finance, or DeFi, is gaining prominence within the metaverse, underlining the generation, minting, and movement of digital value across alternative technologies. This has led to the birth of “MetaFi,” a new financial structure that is reshaping the way we perceive and manage wealth within virtual realms.
The NFT Explosion
The meteoric rise of Non-Fungible Tokens (NFTs) is playing a pivotal role in the metaverse. NFTs are digital certificates of ownership that represent unique assets, from digital art forms to in-game objects. These tokens are securely stored on the blockchain, ensuring protection against virtual identity theft and facilitating the seamless transfer of digital ownership.
NFT minting platforms and marketplaces are witnessing rapid growth, drawing creators and artists into the metaverse. Notably, on August 3, 2023, Zora, a prominent NFT minting platform, unveiled an updated revenue split model that empowers creators by returning a significant portion of mint fees to them. The NFT market’s potential is underscored by instances like Quantum, the first NFT, which sold for USD 1.47 million in 2021, and Pak’s ‘The Merge,’ which fetched a staggering USD 91.8 million in December of the same year.
Digital Human Avatars Enhance Interaction
Digital human avatars are emerging as key players in the metaverse, allowing users to creatively express themselves and interact with others in virtual environments. These avatars provide a unique blend of self-expression and social interaction, safeguarded by NFTs operating on the blockchain, making virtual identity theft virtually impossible.
Avatars are not only a form of self-expression but also a means to showcase skills and build communities of like-minded individuals. The growing relevance of avatar interaction has led to the development of interoperability and portability solutions, fostering seamless movement and utilization across different metaverse platforms.
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Interconnection, Challenges, and Growth
While the interconnectedness of the metaverse, digital human avatar, and NFT markets presents a plethora of opportunities, challenges remain. Lack of standardization and scalability issues could hamper the seamless integration of these markets. Ensuring smooth performance and scalability, particularly with complex avatars and NFTs, requires effective content delivery systems and robust server infrastructure.
Major Companies and Competitive Landscape
The global Metaverse, Digital Human Avatar, and NFT markets are moderately fragmented, with many large and medium-sized players accounting for majority of market revenue. Major players are deploying various strategies, entering into mergers & acquisitions, strategic agreements & contracts, developing, testing, and introducing more effective cloud security solutions. Some major players profiled in the global metaverse, digital human avatar, and NFT markets report are:
- Meta
- ByteDance
- Tencent Holdings Ltd.
- NetEase, Inc.
- Alibaba Cloud
- Epic Games, Inc.
- Roblox Corporation
- Microsoft Corporation
- DIDIMO Inc.
- Wolf3D
- UNEEQ Digital Humans
- NVIDIA
- Unity Technologies
- Innowise Group
- Inoru
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Strategic Development
- On 1 May 2023, Tencent, which is a China-based technology company, has recently introduced a service that offers customizable deepfake virtual humans for a price of USD 145. This service utilizes generative AI technology to create “Deepfake-as-a-Service” avatars based on individuals, provided users can provide a three-minute video and record them speaking 100 lines in Chinese or English.
- On 19 October 2022, Holozonia, was launched on opening event of World Telemedia by Sam Media. The Amsterdam-based company expands its next-generation product line-up with Holozonia, which is the only service that delivers a wide selection of VR and AR content in one place. End customers will be able to access quality VR Streaming, AR gaming, spatial music, 360 fitness, and education in 3D, VR, and AR with a single subscription.
- On 7 December 2022, Coca-Cola has collaborated with Crypto.com to produce an NFT collection inspired by the FIFA World Cup Qatar 2022. The mentioned NFT collection was designed in partnership with GMUNK, a digital artist. These NFTs would be heat maps of the World Cup participants, depicting the movements and highlights of the tournament’s players.
Regional Insights:
- North America leads the way with its advanced digitization and pioneering technologies. The United States and Canada are at the forefront, with robust AI, cognitive, and autonomic solutions driving rapid market growth.
- In the Asia Pacific region, countries like China, India, and Japan are experiencing steady economic growth and increasing adoption of digitization. Virtual avatars are gaining traction, especially in the media and entertainment industry.
- Europe is witnessing a surge in the adoption of Web 3.0, DeFi, and advanced communication infrastructure, creating a conducive environment for the metaverse’s growth. Virtual commerce is on the rise, with brands leveraging digital human avatars to enhance customer engagement.
Outlook and Future Prospects
The trajectory of the global metaverse, digital human avatar, and NFT markets is dynamic and promising. As the metaverse continues to evolve, NFTs will play a pivotal role in defining ownership and value of digital assets within this immersive realm. With increased interconnectivity and interoperability, users can look forward to seamless experiences across various virtual environments.
In conclusion, the interplay between these interconnected markets is shaping a digital landscape teeming with possibilities. The metaverse, with its digital human avatars and NFTs, is poised to revolutionize the way we work, play, and interact in virtual spaces, opening up new avenues for creativity, innovation, and economic growth.
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Segments Covered in Metaverse Report
For the purpose of this report, Emergen Research has segmented the global Metaverse market on the basis of component, application, platform, offerings, technology, end-use, and region:
- Component Outlook (Revenue, USD Billion; 2019-2032)
- Hardware
- Virtual Reality (VR) Headsets
- Augmented Reality (AR) Glasses
- Haptic Feedback Devices
- Motion Tracking Systems
- Wearable Devices
- Spatial Computing Devices
- High-Performance Computing and Networking Equipment
- Software
- Virtual world platforms
- Sandbox platforms
- Social virtual worlds
- MMO (massively multiplayer online) virtual worlds
- Game Engines
- 3D game engines
- 2D game engines
- Multi-platform game engines
- Social networking platforms
- Business-oriented social networking platforms
- Niche social networking platforms
- Professional Networking Platforms
- Hobby and Interest-Based Platforms
- Location-Based Platforms
- Health and Wellness Platforms
- Ethnic or Cultural Platforms
- Faith-Based Platforms
- Dating and Relationship Platforms
- Development kits
- AR development kits
- VR development kits
- Mixed reality development kits
- Middleware
- Physics engines
- Networking libraries
- Audio Engines
- Services
- Hardware
- Application Outlook (Revenue, USD Billion; 2019-2032)
- Social events & trade shows
- Virtual conference platforms
- Virtual trade show platforms
- Virtual concert platforms
- Health surgery
- Medical training simulations
- Telemedicine platforms
- Virtual gaming
- MMORPGs
- First-person shooter games
- Sports games
- Social media & marketing
- Virtual showrooms
- Virtual influencer campaigns
- Live Streaming
- 3D training
- Emergency response training
- Vocational training
- Remote working
- Virtual team building
- Virtual co-working spaces
- Virtual runway shows
- Virtual fashion showrooms
- Others
- Others
- Virtual tourism
- Virtual real estate
- Virtual art galleries
- Social events & trade shows
- Platform Outlook (Revenue, USD Billion; 2019-2032)
- Desktop
- Mobile
- Offering Outlook (Revenue, USD Billion; 2019-2032)
- Marketplace
- Virtual platforms
- Digital avatars
- Decentralized Finance (DeFi)
- Digital twin
- Others
- Technology Outlook (Revenue, USD Billion; 2019-2032)
- Artificial Intelligence (AI)
- Mixed Reality (MR)
- Augmented Reality (AR)
- Decentralized technology
- Human interface
- Edge computing
- Others
- End-Use Outlook (Revenue, USD Billion; 2019-2032)
- Media & entertainment
- Gaming
- Real estate
- Healthcare
- Banking & finance
- Travel & tourism
- Education
- Others
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Generative Artificial Intelligence (AI) Market, By Offering Type (Software and Services), By Technology (Machine Learning, Deep Learning, and Others), By Application, By End-Use, and By Region Forecast to 2032
Metaverse Market By Component (Hardware, Software, Services), By Application (Social Events & Trade Shows, Health Surgery), By Platform (Desktop, Mobile), By Offering, By Technology, By End-Use, and By Region Forecast to 2032
Digital Human Avatar Market, By Product Type (Interactive Digital Human Avatar and Non-Interactive Digital Human Avatar), By Industry Verticals (Gaming, Retail, IT & Telecommunications, Education, and Others), and By Region Forecast to 2032
Digital Human Avatar Services Market, By Product Type (Interactive and Non-Interactive), By Service Category [Sales Servicing, Marketing Services, and Human Resource (HR) Services], By Industry Vertical, and By Region Forecast to 2032
Non Fungible Token Market, By Category (Collectibles, Utility, Art, Metaverse, Game), By Application (Real Estate, Medical, Academic, Gaming), and By Region Forecast to 2030
Web 3.0 Market Size, Share, Trends, By Type, Blockchain Type (Public, Private, Hybrid, and Others), By Organization Size (Small and Medium-Sized Enterprises, Large Enterprises), By Application, By Vertical, and By Region Forecast to 2030
Cryptocurrency Market By Offering (Software and Hardware), BY Process, By Type (Bitcoin, Ethereum, Bitcoin Cash, Ripple, Dashcoin, Litecoin, and Others), By End-Use, and By Region Forecast to 2030
Extended Reality Market Size, Share, Trends, By Type (Business Engagement, Customer Engagement), By Application (Virtual Reality (VR), Augmented Reality (AR), Mixed Reality (MR)), By End-use (BFSI, Education, Consumer Goods & Retail, Industrial & Manufacturing), and By Region Forecast to 2035
Virtual Reality Market Size, Share, Trends, By Offering (Hardware, Software), By Technology (Non-immersive, Semi and Fully Immersive), By Device Type (Head-Mounted Displays, Projectors and Display Walls, Gesture-Tracking Devices), By Application, and By Region Forecast to 2028
Augmented Reality Market, By Offerings (Software, Hardware), By Device Type (Head-mounted Displays, Head-up Displays), By Application (Healthcare, Automotive, Consumer, Enterprise, Aerospace & Defense, Energy, Commercial), and By Region Forecast to 2028
Augmented Reality and Virtual Reality Market Size, Share, Trends, By Type (Hardware, Software, Services), By Device Type (Head-Mounted Displays, Head-Up Displays), By Technology, By End-use, and by Region Forecast to 2028
About Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy.
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Artificial Intelligence
Trianz Welcomes Priyanshu Singh as Vice President & Chief of Staff to the CEO
SANTA CLARA, Calif., July 3, 2024 /PRNewswire/ — Trianz, a global digital transformation technology solutions and services firm, is thrilled to announce the appointment of Priyanshu Singh as its new VP & Chief of Staff. This strategic hire comes at a pivotal moment as Trianz continues to experience remarkable growth, driven by its shift to an ‘IP-led digital transformation’ model with hyper-automated platforms like Concierto – the hybrid cloud migrations and operations platform, and Extrica – the data to AI platform, accelerating customer success.
As Chief of Staff, Priyanshu Singh will play a crucial role in leading Trianz’ IP-led strategy development, operational excellence, and key execution teams, supporting the CEO’s office. He will design and implement organization-wide processes and capabilities and create and oversee opearational monitoring models and enterprise analytics. His expertise in business and competitive strategy, customer experience, digital transformation, and operations across multiple industries will be a tremendous asset as Trainz prepares to scale in this new model.
A graduate of the prestigious National Defense Academy, Priyanshu began his career in the Indian Army. After completing his MBA from IIM Calcutta, Priyanshu joined McKinsey & Company, working on strategy and business model design for clients across industries. His distinguished career includes key leadership roles at Uber, Lithium Urban Technologies, The Adecco Group, and Honeywell. Known for his excellence in reimagining offerings, exceeding support targets, and spearheading innovative solutions, Priyanshu has consistently delivered exceptional results. In 2016, he was recognized as one of India’s ‘Top 40 Under 40′ business leaders by The Economic Times and Spencer Stuart.
“We are excited to welcome Priyanshu Singh to our leadership team. With his military background, he brings a unique blend of discipline and strategic insight to Trianz,” said Sri Manchala, CEO of Trianz. “His deep expertise and forward-thinking approach will be invaluable in shaping our vision as we continue to leverage the power of our in-house innovations, AI, and cutting-edge tools. With Priyanshu on board, I am confident we will accelerate our transformations and achieve operational excellence.”
“I am honored to join Trianz as the new Chief of Staff,” said Priyanshu. “In this role, I will focus on bridging the gap between strategy and execution, ensuring our teams are aligned to achieve our committed objectives. I am passionate about problem-solving and look forward to collaborating with leaders across the organization to foster a culture of agility, adaptability, and continuous improvement. I am thrilled to be part of this dynamic team and confident we can achieve great things together.”
Priyanshu’s appointment underscores Trianz’ commitment to strengthening its leadership team and ensuring the company is well-prepared to seize future opportunities.
About Trianz
Trianz is a leading-edge technology platforms and services company that accelerates digital transformations at Fortune 100 and emerging companies worldwide in data & analytics, digital experiences, cloud infrastructure, and security. Our “IP Led Transformations” approach, informed by insights from a recent global study spanning 20+ industries and 5000+ companies, addresses challenges posed by the rapid pace of AI-driven transformation, digital talent scarcity, and economic uncertainty. Our IP and platforms, including Concierto , Extrica , and Pulse, revolutionize cloud adoption, data analytics, and AI insights, empowering organizations to navigate the complexities of digital transformation seamlessly.
Founded in California and with an organization of over 2,000 associates across the United States and India, Trianz is a Premier Partner of AWS, consistently rated #1 by clients for value delivery over the past five years. Trianz has been ranked as one of the best Consulting Firms by Forbes and has been certified as a Great Place to Work for three years in a row. To learn more about Trianz, email [email protected] or visit www.trianz.com.
Watch Trianz CEO Sri Manchala’s insightful interview with Bloomberg on Partner | Crossing The Digital Faultline & Leading Towards Transformative Success – YouTube and delve deeper into his book Crossing the Digital Faultline at Crossing the Digital Faultline | Trianz.
Trianz Media Team [email protected]+1-408-387-5800
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Artificial Intelligence
Internet of Things (IoT) in Energy Market to Reach USD 68.2 Billion by 2031 Owing to Rapid Growth in Digitization of Energy Industry | SkyQuest Technology
WESTFORD, Mass., July 3, 2024 /PRNewswire/ — According to SkyQuest, the global Internet of Things (IoT) in Energy Market size was valued at USD 25.2 billion in 2022 and is poised to grow from USD 28.1 billion in 2023 to USD 68.2 billion by 2031, growing at a CAGR of 11.7% in the forecast period (2024-2031).
Growing use of automation in the energy industry is forecasted to bolster the demand for internet of things (IoT) in energy over the coming years. Deployment of smart meters and rising demand for smart grid integration are also predicted to create new opportunities for internet of things (IoT) in energy providers in the future. The global internet of things (IoT) in energy market is segmented into component, network technology, organization size, application, and region.
Download a detailed overview:https://www.skyquestt.com/sample-request/internet-of-things-in-energy-market
Internet Of Things (IoT) In Energy Market Overview:
Report Coverage
Details
Market Revenue in 2023
$ 28.1 Billion
Estimated Value by 2031
$ 68.2 Billion
Growth Rate
Poised to grow at a CAGR of 11.7%
Forecast Period
2024–2031
Forecast Units
Value (USD Billion)
Report Coverage
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered
Component, Application and Technology
Geographies Covered
North America, Europe, Asia Pacific, Middle East & Africa, Latin America
Report Highlights
High use of smart meters in the energy sector
Key Market Opportunities
Development of satellite networks to improve IoT connectivity for energy applications
Key Market Drivers
Grid modernization is estimated to bolster the demand for internet of things (IoT) in energy
Segments covered in Internet of Things (IoT) In Energy Market are as follows:
ComponentPlatform, Solutions and ServicesApplicationOil & Gas, Smart Grid, and Cool MiningTechnologyCellular Network, Satellite Network, Radio Network and OthersRequest Free Customization of this report:https://www.skyquestt.com/speak-with-analyst/internet-of-things-in-energy-market
Most Internet of Things (IoT) Devices in Energy Sector Connect through Cellular Network
Most IoT devices and components can be connected using a cellular network as cellular infrastructure is already established. Cellular networks offer connectivity for mobile IoT devices and systems used in the energy sector. Growing demand for better connectivity for automation of the energy industry is projected to help this segment account for a substantial share of the global internet of things in the energy market. The advent of 5G technology is also estimated to create new opportunities for internet of things in energy providers in this segment going forward.
An increasing number of IoT and telecommunication network providers are focusing on developing satellite constellations, especially for IoT devices. Low earth orbit (LEO) satellites are being extensively used to establish new communication networks for IoT in energy and other applications. High demand for resilient and reliable connectivity will also help this segment generate new business opportunities in the future.
Smart Grid Applications Lead Internet of Things (IoT) in Energy Adoption Owing to High Investments in Grid Modernization
Smart technologies are being integrated into multiple energy applications to satisfy surging demand for energy and efficient energy management as well. The use of smart meters and the high demand for automation in modern energy grids will also create new opportunities for internet of things in energy companies in the future. High demand for predictive maintenance capabilities in smart grids will also create new opportunities for internet of things (IoT) in energy market players going forward.
View report summary and Table of Contents (TOC):https://www.skyquestt.com/report/internet-of-things-in-energy-market
Platforms Remain Essential for IoT Adoption in Energy Industry
Platforms play a crucial role in the functional operation of IoT devices and systems, which is why this segment is projected to account for a dominant market share. Device connectivity is also projected to be highly dependent on platforms, which is why all internet of things (IoT) in energy companies should focus on this segment to bolster market growth in the long run.
Increasing digitization of the energy industry is expected to create several new opportunities for internet of things (IoT) in energy providers going forward. From start-ups to leading internet of things (IoT) in energy companies all have an equal chance of maximizing their business scope in the future.
Related Reports:
Internet Of Things (IoT) Market
Narrowband-IoT (NB-IoT) Market
Consumer IoT Market
Internet of Things (IoT) in Smart Cities Market
IoT Security Market
About Us:
SkyQuest is an IP focused Research and Investment Bank and Accelerator of Technology and assets. We provide access to technologies, markets and finance across sectors viz. Life Sciences, CleanTech, AgriTech, NanoTech and Information & Communication Technology.
We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization has expanded our reach across North America, Europe, ASEAN and Asia Pacific.
Contact:Mr. Jagraj SinghSkyquest Technology1 Apache Way,Westford,Massachusetts 01886USA (+1) 351-333-4748Email: [email protected] Our Website: https://www.skyquestt.com/
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Artificial Intelligence
Mobile Artificial Intelligence (AI) Market to Transcend USD 114.36 Billion Valuation by 2031-end On the Back of Surging Sales of Smartphones| SkyQuest Technology
WESTFORD, Mass., July 3, 2024 /PRNewswire/ — According to SkyQuest, the global Mobile Artificial Intelligence (AI) Market size was valued at USD 13.4 billion in 2022 and is poised to grow from USD 17 billion in 2023 to USD 114.36 billion by 2031, growing at a CAGR of 26.9% in the forecast period (2024-2031).
Mobile artificial intelligence (AI) refers to the operation of AI models simply on-device without the need for external servers or internet connectivity. Advancements in semiconductor technology and artificial intelligence technology are highly crucial in determining the future of mobile artificial intelligence (AI) market going forward. Targeting the right segment is highly important for any mobile artificial intelligence (AI) market player to maximize their business potential and this is why segmental analysis is highly vital for informed decision-making. The global mobile artificial intelligence (AI) market is segmented into technology node, application, and region.
Download a detailed overview:
https://www.skyquestt.com/sample-request/mobile-artificial-intelligence-market
Mobile Artificial Intelligence (AI) Market Overview:
Report Coverage
Details
Market Revenue in 2023
$ 17 billion
Estimated Value by 2031
$ 114.36 million
Growth Rate
Poised to grow at a CAGR of 26.9%
Forecast Period
2024–2031
Forecast Units
Value (USD Million)
Report Coverage
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered
Technology Node and Application
Geographies Covered
North America, Europe, Asia Pacific, Middle East & Africa, Latin America
Report Highlights
Development of novel blockchain AI solutions that give benefits of both technologies involved
Key Market Opportunities
Advancements in AI Platforms is Propelling Sales
Key Market Drivers
High Sales of Smartphones Driving Market Growth
Segments covered in Mobile Artificial Intelligence (AI) Market are as follows:
Technology Node7 nm, 10nm, 20-28nm, OthersApplicationSmartphones, Cameras, Drones, Automobile, Robotics, AR/VR, Others (Smart Boards, Laptops, PCs)Request Free Customization of this report:
https://www.skyquestt.com/speak-with-analyst/mobile-artificial-intelligence-market
Better Speed and Low Power Consumption Allows 10nm Processors to Be Highly Popular
Growing demand for mobile AI devices around the world has boosted the need for better and more advanced processors and semiconductors. 10 nm technology has emerged as a preferred one when it comes to mobile artificial intelligence (AI) devices owing to its faster performance and better efficiency as compared to other technology nodes. The low cost of 10 nm AI chips also allows them to be used in budget-friendly smartphones and thereby contributes to a higher market share of this segment as well. Mobile artificial intelligence (AI) companies should invest in this segment to maximize their revenue generation potential in the long run.
Meanwhile, 7 nm technology is anticipated to be the most lucrative segment for companies targeting the future market. Investing in the development of faster, smarter, and more efficient 7 nm technology will pay off big time for mobile artificial intelligence (AI) market players in the long run. Growing transistor density in 7 nm chips for advanced AI applications will also create new opportunities for market players via this segment through 2031 and beyond.
View report summary and Table of Contents (TOC):
https://www.skyquestt.com/report/mobile-artificial-intelligence-market
Smartphones Take the Lead in Terms of Mobile Artificial Intelligence (AI) Adoption
There probably isn’t a more popular or widely used mobile device than smartphones. The robust popularity of smartphones and their unbelievably high sales have made them a key application for mobile AI companies around the world. AI-enabled smartphones are the new trend, and this is why more and more smartphone companies are investing in the development of novel mobile AI solutions. Increasing integration of smartphone features with AI is opening a wide window of opportunity for all mobile artificial intelligence (AI) companies.
Reality is changing and mobile artificial intelligence will have a key role in this change going forward. Virtual reality, augmented reality, and mixed reality technologies are blurring the lines between virtual and real worlds. Empowering these devices with mobile AI solutions will create a whole new level of immersion that could redefine the world’s digital experience. Integration of multiple advanced technologies is a key trend that will further offer new application scope for mobile artificial intelligence (AI) companies.
Mobile AI companies have significant opportunities for growth as AI becomes increasingly integrated into various aspects of life. To maximize long-term returns on investment, these companies should prioritize advancing 10nm technology for smartphones.
Related Report:
AI Market
Artificial Intelligence (AI) Chipsets Market
Artificial Intelligence (AI) Platform Market
Artificial Intelligence (AI) in Manufacturing Market
Artificial Intelligence (AI) in Banking, Financial Services, and Insurance (BFSI) Market
About Us:
SkyQuest is an IP focused Research and Investment Bank and Accelerator of Technology and assets. We provide access to technologies, markets and finance across sectors viz. Life Sciences, CleanTech, AgriTech, NanoTech and Information & Communication Technology.
We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization has expanded our reach across North America, Europe, ASEAN and Asia Pacific.
Contact:Mr. Jagraj SinghSkyquest Technology1 Apache Way,Westford,Massachusetts 01886USA (+1) 351-333-4748Email: [email protected] Our Website: https://www.skyquestt.com/
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