Global AI Consulting Services Market Forecasted to Reach $64.3 Billion by 2028: BCC Research

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Global AI Consulting Services Market refers to the worldwide business of companies that provide advice, support, and assistance to other businesses in using artificial intelligence (AI) technology. These consulting services help companies understand how to use AI effectively in their operations, such as improving processes, developing new products, or enhancing customer experiences.
"According to the latest research study, the demand for Global AI Consulting Services Market expected to grow from $64.3 billion in 2028 at a compound annual growth rate (CAGR) of 34.2% during the forecast period 2023 to 2028."
This report looks at the global market for AI consulting services, which helps businesses use artificial intelligence technology. It's split into sections based on the types of services offered, the technology used, who uses it, and where it's used around the world. The report gives an overview of this market and looks at the trends happening in it. Using data from 2022, it predicts how the market will grow from 2023 to 2028. The predictions are broken down by the type of service, technology, who uses it, and where it's used. The report also talks about the challenges and trends in the market, and who the main companies are that provide these services. It estimates how big the global market was in 2022 and guesses how big it will get by 2028. The study covers different kinds of AI consulting services and the technology that helps provide them
The study covers different kinds of AI consulting services and the technology that helps provide them
By 2030, jobs in artificial intelligence (AI) are expected to increase by 31.4%, according to the Bureau of Labor Statistics. Many industries like healthcare, retail, logistics, cybersecurity, banking and finance, customer service, marketing, and transportation rely on AI skills. In 2021, 38% of companies started using AI for training and development, as per the 'State of AI in the Enterprise' report. Big companies like IBM, Unilever, and Nestle use AI-powered learning platforms to tailor skill development for their employees, leading to a significant increase in employee satisfaction. Additionally, a Stanford University report from 2023 revealed that the U. is the top investor in AI globally, with $47.4 billion invested in 2022, significantly more than any other country, including China, which received $13.4 billion
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Key Market Drivers of Global AI Consulting Services Market:
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Report Synopsis
Global AI Consulting Services Market, by Service Type:
The global AI consulting services market by type consists of analytics consulting, digital strategy and transformation, application development, cognitive integration, and AI customization. This section describes the current market scenario and future growth prospects for various service catering to the AI consulting services market.
Global AI Consulting Services Market, by Technology:
The global AI consulting services market is segmented based on technology, including predictive analytics, big data analytics, BI implementation, computer vision, and others.
Global AI Consulting Services Market, by End User:
The global AI consulting services market by end user includes healthcare, retail, manufacturing, IT/telecom, BFSI, and others. The retail industry accounts for the largest market share as today's businesses track their activities to support corporate goals, produce better outcomes, and interact with customers online. The BFSI sector holds the second-largest market share as AI also allows banks to manage massive amounts of data at breakneck speed to gather important insights and acquire a deeper understanding of their customers and their behavior. The healthcare industry is anticipated to grow at a significant CAGR during the forecast period as the implementation of AI reduces health expenses and boosts data-driven support to medical practitioners
The healthcare industry is anticipated to grow at a significant CAGR during the forecast period as the implementation of AI reduces health expenses and boosts data-driven support to medical practitioners
This report on the global AI consulting services market provides comprehensive insights and analysis, addressing the following key questions:
Some of the Key Market Players Are:
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