Global Prompt Engineering Market Size & Outlook
The prompt engineering industry worldwide is expected to reach a projected revenue of US$ 2,060.7 million by 2030. A compound annual growth rate of 37.5% is expected of the worldwide prompt engineering industry from 2024 to 2030.
Revenue, 2023 (US$M)
$222.1
Forecast, 2030 (US$M)
$2,060.7
CAGR, 2024 - 2030
37.5%
Report Coverage
Worldwide
Global prompt engineering market, 2022-2030 (US$M)
Related Markets
Global prompt engineering market highlights
- The global prompt engineering market generated a revenue of USD 222.1 million in 2023 and is expected to reach USD 2,060.7 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 37.5% by 2030.
- In terms of segment, software accounted for a revenue of USD 158.7 million in 2023.
- Software is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 222.1 million |
| Market revenue in 2030 | USD 2,060.7 million |
| Growth rate | 37.5% (CAGR from 2023 to 2030) |
| Largest segment | Software |
| Fastest growing segment | Software |
| Historical data covered | 2022 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Software, Services |
Other key industry trends
- In terms of revenue, the North America accounted for 34.0% of the global prompt engineering market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, South Africa is the fastest growing regional market and is projected to reach USD 42.6 million by 2030.
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Prompt Engineering Market Scope
Prompt engineering market segmentation & scope
Others
Prompt Engineering Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global prompt engineering market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to prompt engineering market will help companies and investors design strategic landscapes.
software was the largest segment with a revenue share of 71.45% in 2023. Horizon Databook has segmented the Global prompt engineering market based on software, services covering the revenue growth of each sub-segment from 2022 to 2030.
- Global Prompt Engineering Component Outlook (Revenue, USD Million, 2022-2030)
- Software
- Services
- Prompt Engineering Services
- Training
- Global Prompt Engineering Technique Outlook (Revenue, USD Million, 2022-2030)
- n-Shot Prompting
- Generated Knowledge Prompting
- Chain-of-Thought Prompting
- Others
- Global Prompt Engineering Application Outlook (Revenue, USD Million, 2022-2030)
- Content Generation
- Conversational AI
- Recommendation Systems
- Software Development
- Others
- Global Prompt Engineering Industry Outlook (Revenue, USD Million, 2022-2030)
- Healthcare
- BFSI
- Automotive & Transportation
- Media & Entertainment
- Retail
- IT & Telecommunication
- Others
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Our clientele includes a mix of prompt engineering market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global prompt engineering market , including forecasts for subscribers. This global databook contains high-level insights into Global prompt engineering market from 2022 to 2030, including revenue numbers, major trends, and company profiles.
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Global prompt engineering market statistics, by region, 2022-2030 (US$M)
Top 10 countries: Prompt engineering market size, 2023 (USD Million)
Top 10 countries: Prompt engineering market size, 2023 (USD Million)
Global prompt engineering market, by region, 2023 (US$M)
Related regional statistics
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