AI is revolutionizing industries, reshaping business strategies, and driving unprecedented growth. But is AI consulting the right step for your organization? With rising AI adoption and increasing investment, many businesses are seeking expert guidance to navigate costs, implementation challenges, and strategic opportunities.

In this post, we break down the latest AI consultation statistics and trends, backed by insights from real-world businesses. Through data-driven analysis and compelling infographics, you’ll gain a clearer picture of AI spending patterns, key concerns, and the industries leading AI-driven transformations.

Whether you’re considering AI consultation or simply exploring its impact, this research will help you make informed decisions about integrating AI into your business strategy.

AI Consultation/Consulting

In today’s world, artificial intelligence (AI) is playing an increasingly important role in shaping our future. As more and more businesses seek to capitalize on this emerging field, the demand for AI consultancy services has soared. But what are the numbers that back up this trend? 

AI Consultation Statistics reveals that the global market for AI consulting is expected to reach $14.7 billion by 2023, growing at an impressive rate of 39% annually. This highlights the enormous potential of AI to transform the world we live in, and underscores the importance of embracing this technology for future success.

AI Consultation Statistics

The global Artificial Intelligence (AI) Consulting market size was valued at USD 93472.06 million in 2022 and is expected to expand at a CAGR of 37.46% during the forecast period, reaching USD 630611.25 million by 2028.

• 84% of business leaders agreed that AI technologies have helped them improve their forecasting accuracy.
• The US market for corporate AI consulting alone is valued at USD 37.8 billion.
• Over 50% of large enterprises are already using AI consulting services.
• According to a report by McKinsey Global Institute, approximately 45% of activities performed by consultants could be automated using existing technology
• 50% of companies in industries like customer service have already switched to using some form of AI in their business model.
• According to MIT Sloan, 75% of top executives believe AI will enable their organizations to grow and gain a competitive advantage.

Global AI Consulting Market Size

With the rise in demand for intelligent automation solutions across industries, the global AI consulting market is experiencing an impressive growth rate. 

AI Market Size Worldwide

Businesses around the world are increasingly relying on AI to automate tasks, enhance productivity, and improve efficiency. The technology’s rapid growth is driven by factors such as increased investment in AI technology, the rising demand for cloud-based services, and the growing number of enterprises adopting AI-powered applications. 

These trends are expected to strengthen the AI market’s position as a key player in the global economy in the coming years.

Customers mainly use them to improve business operations through analytical processing and machine learning (ML).

Interesting Facts about AI Consulting

• Businesses can employ machine learning techniques with AI consulting experts to address friction points and concerns.
• Artificial intelligence consulting services firm can help you make better decisions about your potential AI and machine learning initiatives.
• Some AI consulting firms are using generative AI like ChatGPT to automate report generation and data analysis, significantly reducing turnaround times and costs. (Forbes, 2023)
• It is essential for firms to find a balance between leveraging AI technologies and preserving the all-important human element in their services.
• Consulting firms must now be ready to adapt to the use of AI and upskill their consultants to effectively leverage its potential.