State of GPT chat apps | It is what it is

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2023-05-26 05:00:03

In recent months, we have witnessed a surge in GPT chat apps. Numerous studios, small teams, and independent developers have seized the opportunity to capitalize on this trend, creating hundreds, if not thousands, of GPT-powered apps.

Let's take a look at the overall revenue graph. The first apps started to emerge in December 2022, and the real growth began in March 2023 when some larger players launched their apps and began aggressive traffic acquisition. The projected revenue for May 2023 is around ~$10M, a significant increase from $3M in March. Note that there are numerous other GPT chat apps not included in this list, and their revenues could potentially contribute an additional 50-100% to these figures.

Judging from the speed and quality of the output, it appears to utilize either GPT-3 or 3.5, with only basic functionality available:

Publisher, Codeway Dijital Hizmetler Anonim Sirketi has more than 20 apps with 100M+ downloads and is obviously very proficient in traffic acquisition, which is the key to success in this category now.

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