Stock Platform Predicts GAI Growth, Use

The generative AI (GAI) market should reach $368 billion by 2030 -- up from $66.8 billion this year -- with the technology accounting for 45% of the total AI market, according to data released Monday.

Predictions come from Stocklytics, a platform that provides tools and insights for stock market analysis and investments, as AI makes data processing on the edge of the network critical to the flow of data for advertisers, ad serving, and those creating the ads. 

Data on user growth also rose compared with the earlier forecast. In 2025, nearly 350 million people are expected to use AI apps and solutions -- 78 million more than last year. ChatGPT, Character.ai, DeepL, Quillbot, MidJourney, and CapCut have a significant role in this surge, according to the report.

Data predicts that the annual user growth to 116 million in 2028 and 176 million in 2030. With this pace of growth, the AI sector is expected to reach 952 million users by the end of the decade, or 220 million more than previously thought. Stocklytics estimates.

Emarketer also released a forecast. GAI use will hit a milestone by the end of 2025, with more than 120 million Americans using the technology.