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Appfigures: ChatGPT's app has grossed $529M since its May 2023 release, around 4x the second-highest earner, as AI app spending grew ~4x YoY to $1.4B in 2024

- US spends more on AI apps than other top 10 markets combined  — OpenAI's app has earned several times more than next rival

Bloomberg Vlad Savov

Context & Ripple Effects

ChatGPT’s mobile monetization had already shown momentum: its monthly revenue rose through mid-2023, and the GPT-4o launch coincided with a one-day 22% net-revenue increase in May 2024. This report puts those app-level gains in the context of a much larger consumer AI-spending market.

The findings also align with separate estimates of sharp 2024 growth in consumer AI-app spending, while showing that one app captured an outsized share of that demand. The concentration matters because mobile storefronts are becoming a meaningful paid distribution channel for general-purpose AI assistants.

First-order effects

  • OpenAI has a clear consumer-mobile revenue lead: ChatGPT generated roughly four times the gross revenue of the next-highest-earning AI app since launch.
  • AI-app spending reached a materially larger base in 2024, with U.S. consumers accounting for more spending than the other leading markets combined.

Second-order effects

  • Rival AI-app makers face pressure to improve consumer conversion and retention, rather than relying on downloads or feature launches alone, because the leading app has established a large monetization gap.
  • The U.S.-heavy spending mix makes U.S. mobile distribution and subscription pricing especially consequential for AI-app revenue, while limiting what global download growth alone says about paid demand.

Third-order effects

  • If this concentration persists, consumer AI may develop a winner-led mobile subscription market in which brand recognition, product cadence, and app-store distribution reinforce each other.
  • The broader shift is from AI apps as novelty downloads toward recurring consumer software businesses, though the durability of that revenue model will depend on whether users keep finding enough value to pay.

The trend: Consumer generative AI is entering a distribution phase where a small number of recognizable assistants are converting mobile usage into recurring spending at scale.