
Cognizant
AI-Driven Consumer Behavior and Market Transformation
Pages
45
Time to read
44 mins
Publication
Language
English

Pages
45
Time to read
44 mins
Publication
Language
English
This report examines the impact of artificial intelligence (AI) on consumer behavior and its implications for businesses. It outlines how AI-powered consumers are expected to drive significant changes in purchasing activity, with projections indicating that by 2030, they will account for up to 55% of consumer spending. The document details the emergence of distinct consumer segments, including AI Accelerators, Early Adopters, Agnostics, and Anchors, each exhibiting varying levels of comfort and willingness to engage with AI technologies. The report emphasizes the importance of understanding these segments to effectively navigate the evolving market landscape. It also discusses the three phases of the customer journey—Learn, Buy, and Use—and the varying degrees of consumer comfort with AI across these stages. Additionally, the report highlights the necessity for businesses to adapt their strategies to meet the demands of AI-enabled consumers and prepare for the future of the agentic internet, where AI tools will play a crucial role in consumer interactions.