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GenAI User Forecast 2024

Almost 2 Years After Its Explosive Public Debut, Is GenAI Evolving From Hype to Habit?

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About This Report
As genAI adoption grows, businesses and consumers face a transforming digital ecosystem marked by broadening applications, enhanced productivity, shifting business practices, and legal and ethical challenges.
Table of Contents

As generative AI (genAI) reshapes how businesses and consumers use digital technologies, the shift also has implications for the advertising industry. The number of genAI users is expected to reach 100 million in 2024, even as growth slows from 2023's blistering pace.

Key Question: How can advertisers leverage the potential of genAI while adapting to its influence on consumer behavior and brand awareness?

Key Stat: GenAI users in the US grew from 7.8 million in 2022 to 77.8 million in 2023, representing a nearly 900% growth rate. The growth rate is now moderating but remains strong, positioning the technology’s user base as a significant market force by 2026.

authors

Jacob Bourne

Contributors

Iwona Drapala
Senior Forecasting Analyst
Chris Keating
Director, Research
Evelyn Mitchell-Wolf
Senior Analyst, Digital Advertising & Media
Yoram Wurmser

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GenAI User Forecast 2024