[AI application market revenue surged 51% year-on-year from January to August 2024, exceeding US$2 billion] Jinshi Data reported on September 2 that according to SensorTower data, after the explosive growth in 2023, the AI application market will be more mature in 2024. Thanks to the strong growth of head applications, global AI application revenue surged 51% year-on-year to US$2 billion from January to August 2024, and annual revenue is expected to reach US$3.3 billion in 2024. AI applications are widely downloaded and used by users around the world, but revenue mainly comes from the North American market. In terms of downloads, India became the market with the largest number of AI application downloads in 2024, contributing 21% of total downloads. The North American market contributed 47% of the total global AI application revenue, making it the most profitable market for AI applications. (Reprinted from: Jinshi Data)