Investorideas.com - #AI News: #ArtificialIntelligence Next Key Growth Area for Smartphones as Numbers Top Six Billion by 2020, IHS Markit Says

Newswire) Artificial Intelligence (AI) is one of the next big growth areas for the mobile industry according to a white paper released by IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics and solutions, ahead of Mobile World Congress. "Smartphones will both be the interface for consumer AI and deliver the vast amount of data technology companies need to train AI systems" "We see AI making smart devices even smarter with improved user experiences," said Ian Fogg, director of mobile and telecom analysis at IHS Markit. "Existing AI agents like Apple's Siri and Google Assistant will expand across the industry, complemented by embedded AI in all parts of mobile devices from cameras, to audio, to machine." "Smartphones will both be the interface for consumer AI and deliver the vast amount of data technology companies need to train AI systems," Fogg said. Software investments and partnerships are critical for hardware companies to create smarter AI-enabled experiences, said the IHS Markit white paper.