Global Prompt Engineering Market Size & Outlook, 2023-2030

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 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 2023USD 222.1 million
Market revenue in 2030USD 2,060.7 million
Growth rate37.5% (CAGR from 2023 to 2030)
Largest segmentSoftware
Fastest growing segmentSoftware
Historical data covered2022 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSoftware, 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 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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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 size, by regions, 2022-2030 (US$M)

Top 10 countries: Prompt engineering market size, 2023 (US$M)

Global prompt engineering market share, by component, 2023 & 2030 (%, US$M)

Prompt engineering market: Opportunity assessment by country

Global prompt engineering market, by region, 2023 (US$M)

Global prompt engineering market size, by regions, 2022-2030 (US$M)

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