
A year ago, I watched the industry place its bets on which AI platform would own discovery. Perplexity looked like the search-native challenger. Copilot looked like the enterprise Trojan horse. In the data I’m seeing now, neither bet has really paid off.
Previsible (disclosure: I’m its CPO and co-founder) just published its third AI Traffic Study, based on 6.77 million LLM-driven sessions. What stands out to me is the level of consolidation. Monthly LLM sessions grew 9.9x, reaching 644,478 in May 2026, and 92.4% of that traffic came from one platform.
The plateau was a pause
In mid-2025, it looked like AI traffic might be topping out in some sectors. I don’t think that was the real story.
Sessions climbed from 65,249 in November 2024 to 396,278 by August 2025. Then they dropped sharply in November 2025 before reaching new highs of 428,203 in February 2026 and 644,478 in May.
That November dip deserves context.
Sessions fell 50% in a single month, driven almost entirely by ChatGPT referrals dropping from 448,412 to 213,345. Other platforms were mostly steady. To me, that points to a model-related change. We’ve already seen small product shifts create major swings in referral traffic, including last fall, when many sites lost half their ChatGPT traffic because the model began favoring Wikipedia and Reddit. By December, sessions had recovered to 442,609.
The lesson I take from this is simple: one vendor’s product decision can cut your AI traffic in half overnight. I would plan for that volatility instead of treating AI referrals as a stable channel.
Consolidation, not competition
When we last published in December 2025, ChatGPT held about 84% share. Perplexity followed at 8.9%, Gemini at 4.5%, Copilot at 2.1%, and Claude at 0.6%. Six months later, the field had moved even more decisively toward the leader.
Across the full dataset, ChatGPT now commands 92.4% of trackable LLM referral traffic. It grew 12.8x over 19 months, with no clear sign of slowing. It is the only LLM sending meaningful referral volume at scale, which means I would not talk about “AI visibility” without putting ChatGPT first.
There is one important caveat. This study measures standalone LLM referral traffic. AI discovery inside Google’s own results, including AI Overviews, almost certainly drives more AI traffic than all standalone platforms combined. But that operates under a different measurement model, so it is not included here.
The challengers flipped
The surprise is not that ChatGPT is on top. What I find more interesting is the movement beneath it.
Claude
Claude grew 64x, moving from 133 sessions in November 2024 to 8,528 in May 2026. It overtook Perplexity in March 2026 for the first time, and it stayed ahead.
Claude was mostly flat through 2025, then accelerated 4x in two months as its agentic tools and enterprise integrations gained adoption. The enterprise advantage many people expected Copilot to win may be materializing for Claude instead.
If your audience includes technical buyers, developers, or professional services, I would treat Claude visibility as material now. The early positioning window is still open, but it may not stay that way for long.
Gemini
Gemini is the quiet number two in this dataset. It delivered 3.2x growth with very little volatility. Because Gemini is tied into Workspace and Android, I suspect referral numbers undercount its real discovery footprint.
Perplexity & Copilot
Perplexity peaked at 17,507 monthly sessions in March 2025 and has fallen 61% since. Copilot fell even harder, dropping 96% from its August 2025 peak, from 8,651 sessions to 339.
I no longer see either platform as a strong traffic-acquisition growth bet. Both are shifting toward experiences that keep users inside their own environments, including browsers, agents, and modes where they do not need to send traffic out at all.
Where LLMs send users, and why it should change your roadmap
The most actionable finding in the study is not market share. It is where LLMs send people after they decide a site is worth visiting.
ChatGPT sends 28.8% of its traffic to internal search results pages. Across industries, roughly 25% of AI-referred traffic lands on internal search.

My read is that the model trusts the domain but cannot always identify the exact right page. So it sends users to the site’s search box and lets them navigate from there. Because this pattern holds across verticals and time periods, I see it as structural to retrieval-augmented generation rather than a temporary quirk.
That changes the role of internal search. The model already did the hard work of choosing your domain. Now your internal search experience decides whether that high-intent visit converts or bounces.
For most sites, internal search is still treated like a neglected navigation feature. I think it needs to be treated as an acquisition surface.
The vertical-level data tells several different stories. SaaS traffic lands on search pages 34.6% of the time. Publisher traffic lands on news pages 54% of the time, but against 120+ million organic sessions, publisher penetration is only 0.11%. Publishers create the content LLMs cite, yet they capture almost none of the resulting traffic.
Ecommerce traffic tends to land on product pages, often with purchase intent already formed. Education traffic lands directly on course pages 52% of the time, bypassing marketing content. Health traffic lands on About pages 42.1% of the time, suggesting users are evaluating the source before trusting the content. Legal traffic spreads across blog, about, contact, and location pages, which reflects the full evaluation arc.
The platforms have distinct behaviors, too. ChatGPT and Gemini act more like search-pattern models: they show domain trust but page-level uncertainty. Perplexity and Claude behave more like content-selection models, picking specific pages and over-indexing on long-form content.
If your strategy depends on editorial content driving qualified traffic, I would give Perplexity and Claude more attention than their raw share suggests.
What I would do now
First, I would optimize for ChatGPT before anything else and expand to other platforms only when the volume justifies the work. ChatGPT is where the measurable standalone LLM referral traffic is concentrated.
Second, I would monitor Claude closely. It overtook Perplexity in March 2026, and early visibility advantages can compound quickly when a platform is still forming its citation and recommendation patterns.
Third, I would treat product pages as AI entry points. Product pages capture 43% of ecommerce LLM traffic, which makes structured, comparable product data a discoverability requirement rather than a nice-to-have.
Fourth, I would make pricing machine-readable wherever possible. “Contact us for pricing” gives AI systems very little to summarize, compare, or recommend.
Fifth, I would prioritize internal search. It is not just a navigation feature anymore. For AI-referred users, it may be the first real conversion point.
Finally, I would track AI traffic by page type instead of relying only on site-wide averages. Your overall AI traffic number can hide where the real concentration is. A pricing page, for example, might run 3x your site-wide penetration.
The next question I want answered is conversion rate by LLM platform. Which platforms send users who buy, and which send users who bounce?
We built this dataset to answer that. If the last 19 months are any guide, I expect the answers to change faster than most teams are prepared for.
About the data
This analysis includes 166 GA4 properties from November 2024 through May 2026, spanning SaaS, ecommerce, finance, legal, health, insurance, education, publishing, and ticketing. All 166 properties are present throughout the full 19-month window, so I’m looking at behavioral change rather than sample expansion.
The report
You can find the full report at previsible.io.
Inspired by this post on Search Engine Land.















