Industry Research

Consumer / Enterprise AI

We track how applied AI is reshaping the way people and companies get work done, from consumer copilots to vertical agents. Our coverage follows where models create durable value versus where they're a feature, and which teams can defend a wedge as capability becomes commoditized.

The coverage report

Read the Consumer / Enterprise AI report.

Compiled by our 2025–26 analyst class, market trends, dynamics, and the companies worth watching. Flip through it below, or open it full-screen.

Analyst Class of 2025–26Consumer AI & Software Industry Report

Inside the track

What this coverage digs into.

Where we focus

01

Consumer copilots

AI-native assistants and creative tools reaching everyday users.

02

Vertical agents

Workflow agents that own an end-to-end job in a specific industry.

03

AI-native apps

Products that are only possible because of foundation models.

04

Distribution & moats

Where data, workflow lock-in, and brand create defensibility.

What we watch

  • Wedge vs. feature: what survives platform incumbents
  • Unit economics as inference costs fall
  • Proprietary data and feedback loops

The team

Led by our industry experts.

Each report is led by industry associates and built out by a class of analysts. This cycle's team is being announced soon.

To be announcedAssociate
To be announcedAssociate