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Institution: Global generative AI consumer spending is expected to reach $699 billion by 2030
PANews December 25 News, according to the latest report from Counterpoint Research, global spending on generative AI is expected to grow from $225 billion in 2023 to $699 billion in 2030, with a compound annual growth rate (CAGR) of 21%. Among the segmented fields, AI dialogue platforms are the fastest-growing sector, with personal assistant AI and content generation tools also expected to see significant expansion. By 2030, the global monthly active users (MAUs) of AI dialogue platforms are projected to surpass 5 billion.