Table of Content



1. EXECUTIVE SUMMARY
1.1. Conversational AI is popular but limited in capability
1.2. Drone bubble has already burst and funding is down
1.3. The autonomous vehicle market is overvalued and underperforming
1.4. Insignificant technological features are driving smartphone sales

2. CONVERSATIONAL AI IS VERY POPULAR BUT LIMITED IN CAPABILITY
2.1. Venture capital funding for conversational AI firms: total number
2.1.1. Machine learning will be an innovation ceiling
2.1.2. Limitations of technology are serious for business models
2.1.3. Chatbot investment is pushing ahead, and will also peak before major innovation
2.1.4. Industry 4.0 will bring a wave of consolidation

3. DRONE BUBBLE HAS ALREADY BURST AND FUNDING IS DOWN
3.1. The drones bubble has burst
3.2. Start-ups are no longer the industry’s key drivers
3.3. Hardware is dominated by larger companies
3.4. Integrated services
3.5. Delays to regulatory change could bring another drones bubble
3.5.1. There is still a focus on drones and future depends on not overpromising

4. THE AUTONOMOUS VEHICLE MARKET IS OVERVALUED AND UNDERPERFORMING
4.1. Companies continue to race to be the first commercially available
4.2. Autonomous vehicles are harder to produce than first thought.
4.2.1. ADAS achieve more realistic industry expectations
4.3. Private autonomous cars will be unaffordable for most
4.3.1. Autonomous vehicle developers target robo-taxi market
4.4. Uber continues to attract investors and growth despite underperforming AV technology
4.4.1. Overvaluation of ATG has helped fuel Ubers driverless car ambitions.
4.5. Tesla sells largelyundelivered self-driving technology

5. INSIGNIFICANT TECHNOLOGICAL FEATURES ARE DRIVING SMARTPHONE SALES
5.1. The volume of global smartphone sales is declining
5.2. Smartphone companies rely on marketing to drive sales rather than technology
5.3. Foldable displays have a bright future but not in smartphones
5.4. Smartphones will need to incorporate desirable technology as hype starts to fade away
5.5. Smartphone sales will be driven by 5G in 2020
5.5.1. COV-19 will delay 5G rollout
5.6. 5G will facilitate smartphone industry once it is widely available

6. APPENDIX
6.1. Further reading

7. ASK THE ANALYST

8. ABOUT MARKETLINE



List of Figures


Figure 1: Venture capital funding for conversational AI firms: total number 2014-2019
Figure 2: Venture capital deals and acquisitions in the drones industry 2010-2020 and value ($m)
Figure 3: Autonomous Vehicle (AV) technology funding and deals, ($m), 2014 - 2018TD (09/20/2018)
Figure 4: Automotive semiconductor application growth (%), 2017 -2022
Figure 5: Uber net income, ($m), 2014 - 2018
Figure 6: Uber business segments share of adjusted EBITDA losses, ($m), Q4 2019
Figure 7: Top 8 Auto-makers by market capitalization, Jan 2020
Figure 8: Volume of global mobile phone sales (Units), 2014 - 2018
Figure 9: Average smartphone life-cycles, 2016 - 2018
Figure 10: Samsung advertising and sales promotion expenses, ($bn), 2014 - 2019
Figure 11: Images taken with the Samsung Galaxy S20 Ultra
Figure 12: Global Smartphone Sales to End Users (Millions of Units), 2019 - 2021
Figure 13: Average smartphone users expectations of future 5G smartphone features


List of Tables


Table 1: Outside capital raised by leading AV companies 2018 - 2020TD
Table 2: Levels of vehicle Automation