AI Assistant Market Forecast to Reach $26.75 Billion by 2031

Oct 6, 2026
MarketsandMarkets forecasts the AI assistant market will grow from $7.11 billion in 2026 to $26.75 billion by 2031, representing annual growth of 30.4%.

In a press release, MarketsandMarkets forecasts the AI assistant market will grow from $7.11 billion in 2026 to $26.75 billion by 2031. That represents a compound annual growth rate of 30.4%.

Writing and content assistants are expected to account for the largest offering share in 2026 at 24.7%. Knowledge retrieval and document search applications are projected to grow fastest, with a compound annual growth rate of 35.8% through 2031.

Enterprises are expected to represent 69.3% of the market in 2026. North America is projected to hold the largest regional share that year, while Asia Pacific is forecast to record the fastest growth at 33.7% annually.

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