AI Consulting Tool Market Trends and Forecast
The future of the global AI consulting tool market looks promising with opportunities in the manufacturing, healthcare, retail, and finance markets. The global AI consulting tool market is expected to grow with a CAGR of 32.4% from 2024 to 2030. The major drivers for this market are increased demand for AI expertise and implementation, rapid evolution of AI technologies, as well as, rising complexity of AI implementation.
• Lucintel forecasts that AI strategy is expected to witness the highest growth over the forecast period.
• Within this market, manufacturing is expected to witness the highest growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the AI Consulting Tool Market
• United States: Companies like IBM and Google are expanding AI consulting services, focusing on AI-driven customer insights. The government aims to increase AI R&D funding to $2 billion by 2025.
• China: Baidu launched AI consulting services for smart cities. The government set a target for AI to drive 60% of GDP growth by 2030, promoting AI integration in various sectors.
• Germany: SAP announced AI-driven consulting tools for supply chain optimization. The government plans to invest €3 billion in AI research and development by 2025.
• India: Infosys introduced AI consulting solutions for digital transformation. The government aims to establish 20 AI research institutes and train 200,000 professionals by 2025.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
AI Consulting Tool Market by Segment
The study includes a forecast for the global AI consulting tool market by type, application, and region.
AI Consulting Tool Market by Type [Value from 2018 to 2030]:
• AI Strategy
• AI Readiness
• AI Implementation
AI Consulting Tool Market by Application [Value from 2018 to 2030]:
• Manufacturing
• Healthcare
• Retail
• Finance
AI Consulting Tool Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of AI Consulting Tool Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies AI consulting tool companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the AI consulting tool companies profiled in this report include-
• Neurons
• Tome
• Validator AI
• Legal Robot
• Gong
• Fireflies
• Henchman
Recent Development in the AI Consulting Tool Market
• IBM: Launched Watson AIOps, enhancing AI-driven IT operations with automated insights for smoother business continuity.
• Google Cloud: Unveiled Vertex AI, integrating MLOps to streamline machine learning workflows for enterprise scalability.
• Microsoft: Introduced Azure Applied AI Services, offering pre-built AI solutions for diverse industries to accelerate adoption.
• Amazon Web Services (AWS): Expanded AWS Panorama to simplify AI and computer vision deployments at the edge for real-time analytics.
• Accenture: Developed SynOps, an AI-powered platform optimizing business operations through intelligent automation and data insights.
Features of the Global AI Consulting Tool Market
Market Size Estimates: AI consulting tool market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: AI consulting tool market size by type, application, and region in terms of value ($B).
Regional Analysis: AI consulting tool market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the AI consulting tool market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the AI consulting tool market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for AI consulting tool market?
Answer: The global AI consulting tool market is expected to grow with a CAGR of 32.4% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the AI consulting tool market?
Answer: The major drivers for this market are increased demand for AI expertise and implementation, rapid evolution of AI technologies, as well as, rising complexity of AI implementation.
Q3. What are the major segments for AI consulting tool market?
Answer: The future of the global AI consulting tool market looks promising with opportunities in the manufacturing, healthcare, retail, and finance markets.
Q4. Who are the key AI consulting tool market companies?
Answer: Some of the key AI consulting tool companies are as follows:
• Neurons
• Tome
• Validator AI
• Legal Robot
• Gong
• Fireflies
• Henchman
Q5. Which AI consulting tool market segment will be the largest in future?
Answer: Lucintel forecasts that AI strategy is expected to witness the highest growth over the forecast period.
Q6. In AI consulting tool market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the AI consulting tool market by type (AI strategy, AI readiness, and AI implementation), application (manufacturing, healthcare, retail, and finance), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to AI Consulting Tool Market Market, AI Consulting Tool Market Market Size, AI Consulting Tool Market Market Growth, AI Consulting Tool Market Market Analysis, AI Consulting Tool Market Market Report, AI Consulting Tool Market Market Share, AI Consulting Tool Market Market Trends, AI Consulting Tool Market Market Forecast, AI Consulting Tool Market Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.