These are the latest forecasts made by market research firm Counterpoint Research.
Accordingly, the AI hardware market will account for the majority of spending. An important driver of this growth is the integration of AI capabilities into personal devices. The report predicts that the global output of generative AI smartphones will grow at a CAGR of 26%, with revenue growing at a CAGR of 16% from 2023 to 2030.
The consumer-oriented AI software segment is preparing for even stronger growth. This explosion is supported by a significant increase in the number of users, with the number of monthly active users (MA Users) of AI chatbot platforms expected to increase to nearly 5 billion.
" spending on AI hardware will remain strong for the next few years, but it is the growth in spending on new software that determines the success of the new AI ecosystem," said Marc Einstein, research director of Counterpoint Research.
According to research experts, OpenAI with its famous product ChatGPT will maintain its leading position, with the largest number of GenAI users. However, Google and Microsoft will have the highest monthly active user growth (MAU) during the forecast period.
The AI-based market beyond chatbot such as art creators, AI virtual assistants, and photo editors is also poised for strong growth.
In general, GenAI is rapidly shifting from luxury features to mass market standards. High-end smartphones will play an important role in revenue in this market, by 2030.
However, GenAI will be increasingly integrated into other products such as laptops, extended reality glasses, etc., contributing to diversifying the AI hardware ecosystem beyond the reach of smartphones.
