[ad_1] Just look at recent phone releases - Google Pixel 9 series, Apple's iPhone 16 series, and the new ones Samsung Galaxy S25 series - all of them have a heavy focus on AI. And frankly, this isn't going to change anytime soon, considering that AI applications are already a billion-dollar industry. Spending on AI applications like ChatGpt, Gemini, and Bytedance Doubao has surged, jumping from $455 million in 2023 to nearly $1.3 billion in this category in 2024. In 2024, the United States dominates the market for generative AI applications, with 45% of global revenue captured. The UK comes in second, contributing around 4% of the total, with Germany, Japan and Canada each claiming 3% of the share. AI no longer just dominates chat and art generators – it's spreading into all kinds of applications. In the last two years, 15 app categories have added AI-related terms to their names or descriptions. This includes popular areas like productivity, photos, video, and education, but also extends into unexpected categories like lifestyle, finance, music, and shopping. Furthermore, while new AI models like the GPT-4O sparked some big revenue jumps, demand for AI applications remained flat throughout the year. In total, consumers spent nearly 7.7 billion hours on AI apps in 2024, and apps with AI in the title saw 17 billion downloads.
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AI apps like ChatGPT and Gemini aren’t just trending – they’re a billion-dollar industry in 2024
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Genre | News & Magazines |
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Update | January 25, 2025 |
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