Global Prompt Engineering Market Size Study, by Component, by Technique, by Application, by Industry, and Regional Forecasts 2022-2032

Description

Global Prompt Engineering Market is valued at approximately USD 222.17 million in 2023 and is anticipated to grow with a remarkable compound annual growth rate (CAGR) of 32.83% over the forecast period 2024-2032. Prompt engineering is pivotal in refining AI interactions, allowing users to design and manipulate input prompts that guide AI models, such as GPT, to generate more accurate, contextually relevant, and task-specific outputs. This precision in crafting prompts significantly enhances the performance of language models, ensuring that the generated results are coherent, relevant, and aligned with the intended objectives across diverse applications.

The Global Prompt Engineering Market is driven by burgeoning demand for advanced AI capabilities, particularly in Natural Language Processing (NLP), is one of the primary factors driving the growth of the prompt engineering market. As industries increasingly adopt AI-driven solutions for content generation, conversational AI, recommendation systems, and more, the necessity for sophisticated prompt engineering tools and services is escalating. Technological advancements in generative AI and a broadening focus on digitalization and automation across various sectors are further propelling market expansion. However, the intricate nature of designing effective prompts and the continuous need for innovation pose challenges to the market's growth.

The key regions considered for the market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. In 2023, North America dominated the prompt engineering market owing to robust technological ecosystem, presence of key market players such as Salesforce, Inc. and Amazon Web Services, Inc., and significant investments in AI research and development. The region's leadership in AI and machine learning innovation has cultivated a thriving environment for prompt engineering solutions. Furthermore, Asia Pacific is expected to experience the fastest growth, driven by rapid advancements in digital infrastructure, increasing investments in AI, and a burgeoning interest in prompt engineering tools and services.

Major market players included in this report are:

Curved Stone Limited
PromptBase
PromptHero
Prompt Genie
Vocify Inc.
AIPRM
Promptitude
PromptLeo
Salesforce, Inc.
A3Logics
Amazon Web Services, Inc.

The detailed segments and sub-segment of the market are explained below:

By Component:

Software
Services

By Technique:

n-Shot Prompting
Generated Knowledge Prompting
Chain-of-Thought Prompting
Others

By Application:

Content Generation
Conversational AI
Recommendation Systems
Software Development
Others

By Industry:

Healthcare
BFSI
Automotive & Transportation
Media & Entertainment
Retail
IT & Telecommunication
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Middle East & Africa
Saudi Arabia
South Africa
RoMEA

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market

Chapter 1. Global Prompt Engineering Market Executive Summary

1.1. Global Prompt Engineering Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Component
- 1.3.2. By Technique
- 1.3.3. By Application
- 1.3.4. By Industry
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Prompt Engineering Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Prompt Engineering Market Dynamics

3.1. Market Drivers
- 3.1.1. Technological Advancements in Generative AI
- 3.1.2. Growing Adoption of AI and NLP
- 3.1.3. Demand for Optimized AI Performance
3.2. Market Challenges
- 3.2.1. Complexity in Designing Effective Prompts
- 3.2.2. Continuous Need for Innovation
3.3. Market Opportunities
- 3.3.1. Increasing Digitalization and Automation Across Industries
- 3.3.2. Emerging Markets and Investment in AI Infrastructure

Chapter 4. Global Prompt Engineering Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Prompt Engineering Market Size & Forecasts by Component 2022-2032

5.1. Segment Dashboard
5.2. Global Prompt Engineering Market: Component Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 5.2.1. Software
- 5.2.2. Services

Chapter 6. Global Prompt Engineering Market Size & Forecasts by Technique 2022-2032

6.1. Segment Dashboard
6.2. Global Prompt Engineering Market: Technique Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 6.2.1. n-Shot Prompting
- 6.2.2. Generated Knowledge Prompting
- 6.2.3. Chain-of-Thought Prompting
- 6.2.4. Others

Chapter 7. Global Prompt Engineering Market Size & Forecasts by Application 2022-2032

7.1. Segment Dashboard
7.2. Global Prompt Engineering Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 7.2.1. Content Generation
- 7.2.2. Conversational AI
- 7.2.3. Recommendation Systems
- 7.2.4. Software Development
- 7.2.5. Others

Chapter 8. Global Prompt Engineering Market Size & Forecasts by Industry 2022-2032

8.1. Segment Dashboard
8.2. Global Prompt Engineering Market: Industry Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 8.2.1. Healthcare
- 8.2.2. BFSI
- 8.2.3. Automotive & Transportation
- 8.2.4. Media & Entertainment
- 8.2.5. Retail
- 8.2.6. IT & Telecommunication
- 8.2.7. Others

Chapter 9. Global Prompt Engineering Market Size & Forecasts by Region 2022-2032

9.1. North America Prompt Engineering Market
- 9.1.1. U.S. Prompt Engineering Market
  - 9.1.1.1. Component breakdown size & forecasts, 2022-2032
  - 9.1.1.2. Technique breakdown size & forecasts, 2022-2032
- 9.1.2. Canada Prompt Engineering Market
9.2. Europe Prompt Engineering Market
- 9.2.1. U.K. Prompt Engineering Market
- 9.2.2. Germany Prompt Engineering Market
- 9.2.3. France Prompt Engineering Market
- 9.2.4. Spain Prompt Engineering Market
- 9.2.5. Italy Prompt Engineering Market
- 9.2.6. Rest of Europe Prompt Engineering Market
9.3. Asia-Pacific Prompt Engineering Market
- 9.3.1. China Prompt Engineering Market
- 9.3.2. India Prompt Engineering Market
- 9.3.3. Japan Prompt Engineering Market
- 9.3.4. Australia Prompt Engineering Market
- 9.3.5. South Korea Prompt Engineering Market
- 9.3.6. Rest of Asia Pacific Prompt Engineering Market
9.4. Latin America Prompt Engineering Market
- 9.4.1. Brazil Prompt Engineering Market
- 9.4.2. Mexico Prompt Engineering Market
- 9.4.3. Rest of Latin America Prompt Engineering Market
9.5. Middle East & Africa Prompt Engineering Market
- 9.5.1. Saudi Arabia Prompt Engineering Market
- 9.5.2. South Africa Prompt Engineering Market
- 9.5.3. Rest of Middle East & Africa Prompt Engineering Market

Chapter 10. Competitive Intelligence

10.1. Key Company SWOT Analysis
10.2. Top Market Strategies
10.3. Company Profiles
- 10.3.1. Curved Stone Limited
  - 10.3.1.1. Key Information
  - 10.3.1.2. Overview
  - 10.3.1.3. Financial (Subject to Data Availability)
  - 10.3.1.4. Product Summary
  - 10.3.1.5. Market Strategies
- 10.3.2. PromptBase
- 10.3.3. PromptHero
- 10.3.4. Prompt Genie
- 10.3.5. Vocify Inc.
- 10.3.6. AIPRM
- 10.3.7. Promptitude
- 10.3.8. PromptLeo
- 10.3.9. Salesforce, Inc.
- 10.3.10. A3Logics
- 10.3.11. Amazon Web Services, Inc.

Chapter 11. Research Process

11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
11.2. Research Attributes