Number of apps installed with the term “AI Chatbot” jump; in-app revenue surge: Report

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Key Points

Over 150 AI chatbot apps have been launched and published in app stores this year..

Apps published with the term AI chatbot or AI Chat, in their app name, subtitle, or description have increased 1480% year-on-year in Q1 2023..

In-app purchase revenue also increased by 4184% YoY in the first quarter, according to data intelligence platform Apptopia...

Downloads of AI chatbot apps also increased by 1506%, with the top 10 AI chatbot apps responsible for 52% of all downloads and 72% of in-app purchase revenue...

And while most of these apps are made by independent developers, they are eventually likely to be surpassed by apps from more prominent brands like Microsoft and Google due to their marketing power and brand familiarity, the post said...

Full story at The Hindu | 

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