On ChatGPT’s First Anniversary, its Mobile Apps have Topped 110M Installs and Nearly $30M in Revenue


ChatGPT’s First Anniversary
On ChatGPT’s First Anniversary, its Mobile Apps have Topped 110M Installs and Nearly $30M in Revenue
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Introduction:

Almost a year has passed since ChatGPT debuted, sweeping the globe as the research preview evolved into a useful tool that introduced AI chatbot technology to a ChatGPT’s First Anniversary general audience. A significant portion of that endeavor was propelled by the introduction of the ChatGPT mobile application, which was first released on iOS in May 2023 and then on Android in July 2023, putting the chatbot in the hands of additional customers.

As the technology celebrates its first anniversary, new data shows that ChatGPT‘s mobile app versions have amassed over 110 million cumulative installs and approximately $30 million in customer spending. TechCrunch received this information from a market analysis supplied by mobile intelligence firm data.ai.

Via in-app purchases, ChatGPT’s mobile apps generate revenue by marketing the ChatGPT Plus subscription. The $19.99/month subscription offers extra perks such as quicker response times, early access to new features, and unrestricted access during busy periods. The membership became accessible to individuals beyond the United States before the launch of the mobile apps in February 2023.

The membership is fairly expensive as an in-app purchase, costing more than many music and streaming services, but demand for ChatGPS Plus access has increased over time due to customer curiosity, according to data.ai. Global consumer expenditure on mobile devices through ChatGPT’s apps has amounted to about $28.6 million, even though the company’s website has probably seen much higher subscription rates.

ChatGPT’s First Anniversary:

 ChatGPT’s First Anniversary image

ChatGPT’s First Anniversary [Source of Image: Techcrunch.com]

Some users of other mobile apps may have also subscribed to other AI chatbot apps, some of which are probably using ChatGPT’s API. For instance, as of September 2023, 1.18 million monthly active users were using Poe, an app that allows you to interact with AI chatbots like Anthropic’s Claude and OpenAI’s ChatGPT in a single interface. This information comes from the app intelligence company Apptoppia.

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Even if data.ai’s research of ChatGPT’s ranking based on customer spending is different from others, it still shows that ChatGPT isn’t the best chatbot in terms of revenue. Ask AI is in front and provides numerous lower-cost in-app purchase choices for premium features, ranging from one week to one year as well as multiple tiers, such as “premium” and “elite.” Ask AI also beat ChatGPT to mobile.

Apart from its revenue-generating potential, ChatGPT’s mobile application downloads have increased since its spring and summer releases on iOS and Android, respectively, and currently exceed 110 million.

According to data.ai, ChatGPT’s Android downloads witnessed record acceptance within a week of its Google Play release, with roughly 18 million new installs. This number hasn’t been surpassed by other mobile apps. The weekly average for both iOS and Android downloads has surpassed 4 million. And for the previous five weeks, they have held onto that number.

The data shows that ChatGPT has more downloads than other generative AI programs, such as Character AI, Ask AI, Open Chat, Nova, ChatBot, AI Mirror, Imagine, Artimind, and ChatBox.

In the meantime, the United States and India are almost tied for the nation with the highest number of ChatGPT downloads (18% and 17.5%, respectively). Nevertheless, a review of Android statistics suggests that ChatGPT might not be the most popular AI app. Rather, it comes in third place after Chai, a comparable AI tool, and Character AI, which allows users to create anthropomorphic AI chatbots.

Overall, these kinds of apps are more session-friendly than the more functional ChatGPT, though data.ai pointed out that this could change with the introduction of special-purchase GPTs. By the end of 2023, the company anticipates that ChatGPT will have generated tens of millions of additional installs and income.

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Sai Sandhya