According to Counterpoint Research's latest report, global generative AI consumption spending is expected to grow from US$225 billion in 2023 to US$699 billion in 2030, with a compound annual growth rate of 21%. In terms of segments, AI conversation platforms are the fastest growing sector, and personal assistant-based AI and content generation tools are also expected to expand significantly. By 2030, the number of monthly active users of global AI conversation platforms is expected to exceed 5 billion.

According to Counterpoint Research's latest report, global generative AI consumption spending is expected to grow from US$225 billion in 2023 to US$699 billion in 2030, with a compound annual growth rate of 21%. In terms of segments, AI conversation platforms are the fastest growing sector, and personal assistant-based AI and content generation tools are also expected to expand significantly. By 2030, the number of monthly active users of global AI conversation platforms is expected to exceed 5 billion.