2025-06-06 09:19:57.AIbase.18.7k
Wells Fargo Bold Prediction: ChatGPT Advertising Revenue to Reach $100 Billion by 2030
In his latest report, Wells Fargo securities analyst Ken Gawrelski made a striking prediction: By 2030, ChatGPT will capture 30% of the global search advertising market, with annual revenue approaching $100 billion. This forecast suggests that competition between OpenAI and Google in the search market will intensify further. The report notes that the entire search advertising market is expected to grow at an 8% compound annual growth rate over the next few years, reaching $340 billion by 2030.
