ART is based on AOT (ahead-of-time) technology that compiles the code during the installation of the app, increasing the installation time of an app
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Yes, this statement is correct. ART uses Ahead of Time Approach (AOT) instead of JIT. ART can run native code directly. Whereas the DVM needs to run the compiled Dex bytecode. Hence, ART is faster for applications.
Drawbacks of ART include:
Increased installation time,
increased reboot time,
increased storage.
Refer link below for more information :

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