Generative AI Powers Consumer Spending on Apps to Reach $150 Billion in 2024 Amid a Surge in Demand

Global consumer spending on mobile apps soared to $150 billion in 2024, a significant 13% increase from the previous year, according to the latest State of Mobile report by Sensor Tower. This record-breaking figure was largely driven by the explosive demand for generative AI apps, which saw consumer spending increase by over 200% year-over-year. Generative [...]The post Generative AI Powers Consumer Spending on Apps to Reach $150 Billion in 2024 Amid a Surge in Demand appeared first on Tekedia.

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