Over the past two years, the monthly income of mobile app developers specializing in artificial intelligence (AI) has grown 37 times. In 2024 alone, users spent $1.4 billion on AI-powered applications, according to a report by the analytical company Appfigures. Analysts predict that in 2025, user spending on such applications will exceed $2 billion.
ChatGPT Leads the Market
OpenAI’s ChatGPT remains the leader in AI app downloads. Launched in November 2022 and made available in mobile app stores in May 2023, it has since generated $529 million in user spending. The app’s monthly revenue has surged 75 times since its release. Since July 2023, ChatGPT’s monthly earnings have consistently outpaced the combined revenue of all other popular assistant applications in the App Store and Play Store.
Chatbots continue to dominate the AI app market, with smart assistants holding eight out of the top ten positions in download rankings over the past two years.
Young Users and U.S. Market Domination
The majority of AI app users are aged 18 to 24. However, most of the revenue comes from the United States, accounting for 64% of global user spending, notes NIX Solutions. This trend highlights the strong demand for AI-driven solutions among young users and the U.S. market’s leading role in app monetization.
As AI technology advances, its influence on the mobile app industry will likely expand further. We’ll keep you updated on emerging trends and developments in this rapidly growing sector.