South Africa Prompt Engineering Market Size & Outlook

The prompt engineering market in South Africa is expected to reach a projected revenue of US$ 42.6 million by 2030. A compound annual growth rate of 35% is expected of South Africa prompt engineering market from 2024 to 2030.
Revenue, 2023 (US$M)
$5.2
Forecast, 2030 (US$M)
$42.6
CAGR, 2024 - 2030
35%
Report Coverage
South Africa

South Africa prompt engineering market highlights

  • The South Africa prompt engineering market generated a revenue of USD 5.2 million in 2023 and is expected to reach USD 42.6 million by 2030.
  • The South Africa market is expected to grow at a CAGR of 35% from 2024 to 2030.
  • In terms of segment, software was the largest revenue generating component in 2023.
  • Software is the most lucrative component segment registering the fastest growth during the forecast period.


Prompt engineering market data book summary

Market revenue in 2023USD 5.2 million
Market revenue in 2030USD 42.6 million
Growth rate35% (CAGR from 2023 to 2030)
Largest segmentSoftware
Fastest growing segmentSoftware
Historical data2022 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSoftware, Services
Key market players worldwideSalesforce Inc, Amazon.com Inc, Voicify, PROMPTMETHEUS, Curvestone AI, A3Logics Inc., PromptBase, Ramirez Jimenez International, AIPRM, Promptitude


Other key industry trends

  • In terms of revenue, South Africa accounted for 2.3% of the global prompt engineering market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Middle East & Africa, UAE prompt engineering market is projected to lead the regional market in terms of revenue in 2030.
  • UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 68.5 million by 2030.

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Prompt Engineering Market Scope

Prompt engineering market segmentation & scope
Software
Prompt Engineering Services
Training
n-Shot Prompting
Generated Knowledge Prompting
Chain-of-Thought Prompting
Others
Content Generation
Conversational AI
Recommendation Systems
Software Development
Others
Healthcare
BFSI
Automotive & Transportation
Media & Entertainment
Retail
IT & Telecommunication
Others

Prompt Engineering Market Companies

Name Profile # Employees HQ Website

South Africa 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 71.15% in 2023. Horizon Databook has segmented the South Africa prompt engineering market based on software, services covering the revenue growth of each sub-segment from 2022 to 2030.


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Target buyers of South Africa prompt engineering market databook

  • Our clientele includes a mix of prompt engineering market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the South Africa prompt engineering market , including forecasts for subscribers. This country databook contains high-level insights into South Africa prompt engineering market from 2022 to 2030, including revenue numbers, major trends, and company profiles.

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South Africa prompt engineering market size, by component, 2022-2030 (US$M)

South Africa Prompt Engineering Market Outlook Share, 2023 & 2030 (US$M)

South Africa prompt engineering market size, by component, 2022-2030 (US$M)

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