Global Artificial Intelligence (AI) Consulting Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

Global Artificial Intelligence (AI) Consulting Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

Artificial intelligence consulting is where AI engineers and experts assist business organizations from various industries to adopt AI applications to achieve their goals.

Market Overview:

The latest research study on the global Artificial Intelligence (AI) Consulting market finds that the global Artificial Intelligence (AI) Consulting market reached a value of USD 7065.95 million in 2023. It’s expected that the market will achieve USD 28595.13 million by 2029, exhibiting a CAGR of 26.24% during the forecast period.

Market Drivers Analysis

rtificial intelligence technology realizes enterprise management reform
Technological progress has become a key factor in promoting economic and social development. At the same time, enterprise management has also entered a new era, and management practice innovation is facing greater challenges. The key to enterprise reform is to use new management ideas and tools to promote the transformation of enterprise operation and management, and to develop new models. Artificial intelligence technology undoubtedly injects more powerful functions into modern office and plays a role in the field of enterprise management. For example, in terms of decision-making, the rise of AI-driven decision-making tools allows businesses to make data-driven decisions based on real-time insights and analytics. AI algorithms can analyze large amounts of data, identify trends and patterns, and provide insights that help businesses make informed decisions. Generative AI is a type of artificial intelligence (AI) tasked with creating new, original content. It uses algorithms to generate content such as images, videos, music, etc. without human intervention. Artificial Intelligence (AI) Consulting can deliver generative artificial intelligence services (covering strategy and roadmap, design and build, and run and run) to drive top-down transformation and reshape every aspect of the enterprise. Artificial intelligence technology can process, process and analyze large amounts of data more efficiently and faster than ordinary humans. As such, it can provide more accurate insights into many areas of the business, including sales, operations, supply chain, and more. Artificial Intelligence (AI) Consulting can provide customers with the ability to provide personalized insights. Analyze customer data to identify patterns and generate insights that can be used to create personalized engagement strategies for different customer segments. In general, Artificial Intelligence (AI) Consulting can help realize enterprise management reform, promote digital development, and reduce costs. This will be one of the driving factors driving the development of the industry.

Region Overview:

In 2022, the share of the Artificial Intelligence (AI) Consulting market in North America stood at 42.69%.

Company Overview:

Accenture
Accenture is a leading global professional services company that helps the world’s leading businesses, governments and other organizations build their digital core, optimize their operations, accelerate revenue growth and enhance citizen services—creating tangible value at speed and scale. June 13, 2023 – Accenture announced a $3 billion investment over three years in its Data & AI practice to help clients across all industries rapidly and responsibly advance and use AI to achieve greater growth, efficiency and resilience.

IBM

IBM brings together technology and expertise to provide clients with infrastructure, software and consulting services to help them digitally transform mission-critical businesses around the world. IBM focuses on artificial intelligence solutions. At the heart of its solutions is enabling companies to use chatbots, computer vision, and drive machine learning initiatives from pilot to full-scale operations. Its Trustworthy AI initiative aims to ensure that ethical considerations are not overlooked.

Accenture is one of the major players operating in the Artificial Intelligence (AI) Consulting market, holding a share of 23.93% in 2023.

Segmentation Overview:

By type, IT services and technology segment accounted for the largest share of market in 2022.

Application Overview:

By application, the Telecommunication, Media & Technology segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Artificial Intelligence (AI) Consulting market covered in Chapter 3:

Mckinsey & Company
IBM
Boston Consulting Group (BCG)
Addo AI
Infosys
Bain Global
Ernst & Young
Cambridge Consultants
PwC
Tryolabs
Addepto
Deloitte
Accenture

In Chapter 4 and Chapter 14.2, on the basis of types, the Artificial Intelligence (AI) Consulting market from 2019 to 2030 is primarily split into:

IT Services and Technology
Customer Service
Supply Chain
Marketing and Sales
Finance & Human Resources
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Artificial Intelligence (AI) Consulting market from 2019 to 2030 covers:

Telecommunication, Media & Technology
BFSI
Healthcare
Retail
Manufacturing
Government
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2019-2030) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)