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BofA Report 2025
December 21 , 2025
15 hrs 0 min
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- India has become the world’s largest market for AI apps by daily and monthly active users.
- The finding was released by Bank of America (BofA) Securities in its latest report.
- Popular AI apps used widely in India include ChatGPT, Google Gemini, and Perplexity.
- The report states that high smartphone use and low-cost mobile data support this growth.
- Increased AI app use may lead to higher average revenue per user (ARPU) for the telecom operators.
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