Latest News- AI In Mobile Apps Market: NLP is expected to lead the Technology segment during 2025-2029

The AI In Mobile Apps Market is being driven by Imperative for hyper-personalization

The AI In Mobile Apps Market is expected to grow at a CAGR of 22.1% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 91013.3 million. The global AI in mobile apps market is witnessing a significant trend towards on-device or edge AI processing. This shift entails executing intricate AI and machine learning calculations directly on users' smartphones instead of transmitting data to distant servers for analysis. The rationale behind this development is multifaceted, addressing key user requirements for heightened data privacy, decreased latency, and improved reliability. By retaining sensitive personal data on the device, applications can substantially mitigate privacy risks linked to cloud data transmission, a major concern for users in heavily regulated regions such as North America and Europe. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Technology
  • NLP
  • ML
  • Computer vision
  • Others
• Application
  • Personalization
  • Chat automation
  • Digital assistance
  • Security
  • Others
• OS
  • Android
  • iOS
• End-user
  • Entertainment
  • Social media
  • Productivity
  • Health and wellness
  • Others
• Geography
  • North America
    • Canada
    • US
  • Europe
    • Germany
    • UK
    • France
    • Italy
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • South America
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Imperative for hyper-personalization
• Generative AI revolution
• Synergistic push of 5G and advanced hardware

However, the market also witnesses some limitations, which are as follows:

• Data privacy and security vulnerabilities
• Prohibitive development costs and a scarcity of specialized talent
• Ethical considerations and the mitigation of algorithmic bias

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Market Scope in AI In Mobile Apps Market Research Report

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Research Analysis Overview

In the rapidly expanding AI in Mobile Apps market, key components include selecting suitable mobile AI frameworks, addressing ethics considerations, employing data annotation techniques, establishing model training pipelines, and implementing deployment strategies. MLops practices ensure efficient development, while monetization strategies and user engagement metrics focus on app revenue and user retention. Cross-platform development options include hybrid, native, and progressive web apps, each with unique benefits. Real-time processing, offline capabilities, and data security measures are essential features, as are AI explainability techniques, bias mitigation strategies, and responsible AI development for enhanced user experience. Privacy-preserving AI, federated learning, and differential privacy are crucial for maintaining user trust, while model interpretability and human-computer interaction enhance the overall user experience.

Market Research Overview

In the vast IT software industry, the application software segment represents companies specializing in developing and producing software solutions for specific business or consumer needs. This sector encompasses enterprise and technical applications, along with cloud-based solutions. Notably, it excludes entities classified under interactive home entertainment and systems software sub-industries. According to Technavio's market analysis, the global application software market size is determined by the consolidated revenue of organizations delivering all types of software, including cloud services, employing advanced technologies like natural language processing, machine learning algorithms, and computer vision APIs.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/