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Home » OpenAI Is Set to Dominate a $700 Billion Market by 2030
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OpenAI Is Set to Dominate a $700 Billion Market by 2030

IQ TIMES MEDIABy IQ TIMES MEDIAOctober 14, 2025No Comments2 Mins Read
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2025-10-14T14:17:40Z

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The rapid adoption of AI could push the total market to $700 billion by 2030.
As the face of the AI boom, OpenAI is on track to take a huge share of that.
Business Insider is keeping tabs on the biggest numbers driving OpenAI news. Check back daily for updates.

AI is being adopted by users around the world with unprecedented speed for a new technology, putting the total market value on track to hit $700 billion by 2030 — and OpenAI will take a huge chunk of that market share.

In a note earlier this year, JPMorgan analysts said that the ChatGPT maker’s early mover advantage gives it a leg up in the overall AI arms race, even amid threats from lower cost large language models like China’s DeepSeek. The bank estimated that if OpenAI’s revenue hits $174 billion by the end of this decade, a forecast reported by The Information, that would correspond to about 25% market share.

A chart shows the projected growth of the AI market by 2030

OpenAI could dominate a $700 billion market by 2030

JPMorgan



It’s dominance of the AI space is already being seen in the numbers.

The ChatGPT maker is seeing adoption of its tools at lightning speed, with its 800 million weekly users accounting for more than 10% of Earth’s adult population. Last week, its Sora AI video app hit a million downloads in five days.

The sudden ubiquity of ChatGPT has no parallels among modern technological advancements, researchers wrote this year. And it’s not a particularly close race between OpenAI and its competitors. ChatGPT’s explosive growth puts it far ahead of others like Meta AI and xAI’s Grok.

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