Large Language Model (LLM) Market by Offering (Software (Domain-specific LLMs, General-purpose LLMs), Services), Modality (Code, Video, Text, Image), Application (Information Retrieval, Code Generation), End User and Region - Global Forecast to 2030
The Large Language Model (LLM) market is projected to grow from USD 6.4 billion in 2024 to USD 36.1 billion by 2030, at a compound annual growth rate (CAGR) of 33.2% during the forecast period. The growth of the large language model market is primarily driven by increasing accessibility of extensive datasets, progressions in deep learning algorithms, and the necessity for improved human-machine interaction.
“By model size, 100 billion to 200 billion parameter segment is expected to register the fastest market growth rate during the forecast period”
Models within this parameter range strike a balance between complexity and practicality, offering substantial capabilities while remaining computationally feasible. Language models such as LaMDA 2, GPT-3, BLOOMZ, Jurassic-2, and Falcon 180B exemplify this trend, showcasing the potential of models within this size bracket to deliver impressive language understanding and generation capabilities. Additionally, advancements in hardware infrastructure, including specialized accelerators and distributed computing systems, are enhancing the efficiency and scalability of training and deploying such models. Furthermore, as demand grows for applications such as conversational AI, natural language understanding, and content generation, there is increasing interest in models of this size range that can meet diverse requirements across various industries, thereby driving their rapid adoption and market expansion.
“By modality, text segment is expected to account for the largest market share during the forecast period”
Text-based applications are ubiquitous across various industries, including customer service chatbots, sentiment analysis tools, and language translation services. As LLMs continue to improve in understanding and generating textual content, the demand for such applications is expected to surge. Moreover, text data is abundant and easily accessible, making it a primary focus for LLM development and deployment. Additionally, the proliferation of online platforms and social media has generated massive volumes of textual data that can be leveraged for insights and decision-making. Furthermore, text-based communication remains one of the most prevalent forms of human interaction, driving the need for LLMs to facilitate more natural and effective communication between humans and machines.
“By Region, Asia Pacific is slated to grow at the fastest rate and North America to have the largest market share during the forecast period”
The Asia Pacific region is witnessing a rapid digital transformation across various sectors, including finance, healthcare, and manufacturing, driving the demand for advanced language technologies like LLMs to streamline operations and enhance productivity. North America's advanced infrastructure and substantial funding for research and development provide a fertile ground for the growth of LLM technologies. Additionally, the region's diverse industries, including finance, healthcare, and e-commerce, are increasingly recognizing the benefits of LLMs for tasks such as data analysis, customer service, and text generation.
Breakdown of primaries
In-depth interviews were conducted with Chief Executive Officers (CEOs), vice presidents, innovation and technology directors, system integrators, and executives from various key organizations operating in the large language model market.
Research coverage
This research report categorizes the large language model market by Offering (Software and Services), Software By Type (General-purpose LLMs, Domain-specific LLMs, Multilingual LLMs, Task-specific LLMs), Software By Source Code (Open-source LLMs, Closed-source LLMs), Software By Deployment Mode (On-premises, Cloud), Services (Consulting, LLM Development, Integration, LLM fine-tuning (Full Fine-tuning, Retrieval-augmented Generation, Adapter-Based Parameter Efficient Tuning), LLM-backed App Development, Prompt Engineering, Support, Maintenance), by Architecture (Autoregressive Language Models, Autoencoding Language Models, Hybrid Language Models), by Modality (Text, Code, Image, Video), by Model Size (Below 1 Billion Parameters, 1 Billion To 10 Billion Parameters, 10 Billion To 50 Billion Parameters, 50 Billion To 100 Billion Parameters, 100 Billion To 200 Billion Parameters, 200 Billion To 500 Billion Parameters, Above 500 Billion Parameters), by Application (Information Retrieval, Language Translation and Localization, Content Generation and Curation, Code Generation, Customer Service Automation, Data Analysis and BI, Other Applications (Knowledge Base Answering, Decision-Making Support, Malware Analysis)), by End-user (IT/ITeS, Healthcare and Life Sciences, Law Firms, BFSI, Manufacturing, Education, Retail, Media and Entertainment, Other End-users (Government & Defense, Automotive, Telecommunications), and by Region (North America, Europe, Asia Pacific, Middle East & Africa, and Latin America). The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the large language model market. A detailed analysis of the key industry players has been done to provide insights into their business overview, solutions, and services; key strategies; contracts, partnerships, agreements, new product & service launches, mergers and acquisitions, and recent developments associated with the large language model market. Competitive analysis of upcoming startups in the large language model market ecosystem is covered in this report.
Key Benefits of Buying the Report
The report would provide the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall large language model market and its subsegments. It would help stakeholders understand the competitive landscape and gain more insights better to position their business and plan suitable go-to-market strategies. It also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
“By model size, 100 billion to 200 billion parameter segment is expected to register the fastest market growth rate during the forecast period”
Models within this parameter range strike a balance between complexity and practicality, offering substantial capabilities while remaining computationally feasible. Language models such as LaMDA 2, GPT-3, BLOOMZ, Jurassic-2, and Falcon 180B exemplify this trend, showcasing the potential of models within this size bracket to deliver impressive language understanding and generation capabilities. Additionally, advancements in hardware infrastructure, including specialized accelerators and distributed computing systems, are enhancing the efficiency and scalability of training and deploying such models. Furthermore, as demand grows for applications such as conversational AI, natural language understanding, and content generation, there is increasing interest in models of this size range that can meet diverse requirements across various industries, thereby driving their rapid adoption and market expansion.
“By modality, text segment is expected to account for the largest market share during the forecast period”
Text-based applications are ubiquitous across various industries, including customer service chatbots, sentiment analysis tools, and language translation services. As LLMs continue to improve in understanding and generating textual content, the demand for such applications is expected to surge. Moreover, text data is abundant and easily accessible, making it a primary focus for LLM development and deployment. Additionally, the proliferation of online platforms and social media has generated massive volumes of textual data that can be leveraged for insights and decision-making. Furthermore, text-based communication remains one of the most prevalent forms of human interaction, driving the need for LLMs to facilitate more natural and effective communication between humans and machines.
“By Region, Asia Pacific is slated to grow at the fastest rate and North America to have the largest market share during the forecast period”
The Asia Pacific region is witnessing a rapid digital transformation across various sectors, including finance, healthcare, and manufacturing, driving the demand for advanced language technologies like LLMs to streamline operations and enhance productivity. North America's advanced infrastructure and substantial funding for research and development provide a fertile ground for the growth of LLM technologies. Additionally, the region's diverse industries, including finance, healthcare, and e-commerce, are increasingly recognizing the benefits of LLMs for tasks such as data analysis, customer service, and text generation.
Breakdown of primaries
In-depth interviews were conducted with Chief Executive Officers (CEOs), vice presidents, innovation and technology directors, system integrators, and executives from various key organizations operating in the large language model market.
- By Company: Tier I–35%, Tier II–45%, and Tier III–20%
- By Designation: C-Level Executives–35%%, D-Level Executives–30%, and others–35%
- By Region: North America– 40%, Europe –20%, Asia Pacific– 25% and Middle East Africa- 9%, Latin America-6%
Research coverage
This research report categorizes the large language model market by Offering (Software and Services), Software By Type (General-purpose LLMs, Domain-specific LLMs, Multilingual LLMs, Task-specific LLMs), Software By Source Code (Open-source LLMs, Closed-source LLMs), Software By Deployment Mode (On-premises, Cloud), Services (Consulting, LLM Development, Integration, LLM fine-tuning (Full Fine-tuning, Retrieval-augmented Generation, Adapter-Based Parameter Efficient Tuning), LLM-backed App Development, Prompt Engineering, Support, Maintenance), by Architecture (Autoregressive Language Models, Autoencoding Language Models, Hybrid Language Models), by Modality (Text, Code, Image, Video), by Model Size (Below 1 Billion Parameters, 1 Billion To 10 Billion Parameters, 10 Billion To 50 Billion Parameters, 50 Billion To 100 Billion Parameters, 100 Billion To 200 Billion Parameters, 200 Billion To 500 Billion Parameters, Above 500 Billion Parameters), by Application (Information Retrieval, Language Translation and Localization, Content Generation and Curation, Code Generation, Customer Service Automation, Data Analysis and BI, Other Applications (Knowledge Base Answering, Decision-Making Support, Malware Analysis)), by End-user (IT/ITeS, Healthcare and Life Sciences, Law Firms, BFSI, Manufacturing, Education, Retail, Media and Entertainment, Other End-users (Government & Defense, Automotive, Telecommunications), and by Region (North America, Europe, Asia Pacific, Middle East & Africa, and Latin America). The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the large language model market. A detailed analysis of the key industry players has been done to provide insights into their business overview, solutions, and services; key strategies; contracts, partnerships, agreements, new product & service launches, mergers and acquisitions, and recent developments associated with the large language model market. Competitive analysis of upcoming startups in the large language model market ecosystem is covered in this report.
Key Benefits of Buying the Report
The report would provide the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall large language model market and its subsegments. It would help stakeholders understand the competitive landscape and gain more insights better to position their business and plan suitable go-to-market strategies. It also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
- Analysis of key drivers (the availability of extensive datasets is on the rise, ever evolving deep learning algorithms, growing necessity for improved communication between humans and machines, rising demand for automated content creation and curation), restraints (high cost of model training & inference optimization, data biasness and quality concerns, lack of transparency in explainability and interpretability), opportunities (enhanced language translation and localization with the use of LLMs, emotion recognition and sentiment analysis using LLMs, pressing demand for LLMs in knowledge discovery and management), and challenges (high inference latency, computational inefficiency due to large memory requirements, maintaining model performance and integrity).
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the large language model market
- Market Development: Comprehensive information about lucrative markets – the report analyses the large language model market across varied regions
- Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the large language model market
- Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like Google (US), OpenAI (US), Anthropic (US), Meta (US), Microsoft (US), NVIDIA (US), AWS (US), IBM (US), Oracle (US), HPE (US), Tencent (China), Yandex (Russia), Naver (South Korea), AI21 Labs (Israel), Hugging Face (US), Baidu (China), SenseTime (Hong Kong), Huawei (China), among others in the large language model market. The report also helps stakeholders understand the pulse of the large language model market and provides them with information on key market drivers, restraints, challenges, and opportunities.
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 MARKET SCOPE
1.3.1 MARKET SEGMENTATION
1.3.2 REGIONS COVERED
1.3.3 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
TABLE 1 UNITED STATES DOLLAR EXCHANGE RATE, 2020–2023
1.5 STAKEHOLDERS
1.5.1 IMPACT OF RECESSION
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 1 LARGE LANGUAGE MODEL MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.2 PRIMARY DATA
TABLE 2 PRIMARY INTERVIEWS
2.1.2.1 Breakup of primary profiles
FIGURE 2 BREAKUP OF PRIMARY PROFILES, BY COMPANY TYPE, DESIGNATION, AND REGION
2.1.2.2 Key industry insights
FIGURE 3 KEY INSIGHTS FROM EXPERTS
2.2 MARKET SIZE ESTIMATION
FIGURE 4 LARGE LANGUAGE MODEL MARKET: TOP-DOWN AND BOTTOM-UP APPROACHES
2.2.1 TOP-DOWN APPROACH
2.2.2 BOTTOM-UP APPROACH
FIGURE 5 APPROACH 1 (BOTTOM-UP, SUPPLY-SIDE): REVENUE FROM VENDORS OF SOLUTIONS/SERVICES OF LARGE LANGUAGE MODELS
FIGURE 6 APPROACH 2 (BOTTOM-UP, SUPPLY-SIDE): COLLECTIVE REVENUE FROM ALL SOLUTIONS/SERVICES OF LARGE LANGUAGE MODELS
FIGURE 7 APPROACH 3 (BOTTOM-UP, SUPPLY-SIDE): MARKET ESTIMATION FROM ALL SOLUTIONS/SERVICES AND CORRESPONDING SOURCES
FIGURE 8 APPROACH 4 (BOTTOM-UP, DEMAND-SIDE): SHARE OF LARGE LANGUAGE MODELS THROUGH OVERALL ARTIFICIAL INTELLIGENCE SPENDING
2.3 DATA TRIANGULATION
FIGURE 9 DATA TRIANGULATION
2.4 MARKET FORECAST
TABLE 3 FACTOR ANALYSIS
2.5 RESEARCH ASSUMPTIONS
TABLE 4 RESEARCH ASSUMPTIONS
2.6 STUDY LIMITATIONS
FIGURE 10 STUDY LIMITATIONS
2.7 IMPLICATIONS OF RECESSION ON LARGE LANGUAGE MODEL MARKET
TABLE 5 IMPACT OF RECESSION ON GLOBAL LARGE LANGUAGE MODEL MARKET
3 EXECUTIVE SUMMARY
TABLE 6 GLOBAL LARGE LANGUAGE MODEL MARKET SIZE AND GROWTH RATE, 2020–2023 (USD MILLION, Y-O-Y %)
TABLE 7 GLOBAL LARGE LANGUAGE MODEL MARKET SIZE AND GROWTH RATE, 2024–2030 (USD MILLION, Y-O-Y %)
FIGURE 11 SOFTWARE SEGMENT TO HOLD LARGER MARKET SIZE IN 2024
FIGURE 12 GENERAL-PURPOSE LLMS TO BE DOMINANT SEGMENT, BY SOFTWARE TYPE, DURING FORECAST PERIOD
FIGURE 13 CLOSED-SOURCE LLMS SEGMENT, BY SOFTWARE SOURCE CODE, TO DOMINATE MARKET IN 2024
FIGURE 14 CLOUD TO BE FASTER-GROWING DEPLOYMENT MODE DURING FORECAST PERIOD
FIGURE 15 LLM DEVELOPMENT SEGMENT, BY SERVICE, TO HOLD LARGEST MARKET SHARE IN 2024
FIGURE 16 AUTOENCODING LLMS ARCHITECTURE SEGMENT SET TO REGISTER FASTEST GROWTH RATE BETWEEN 2024 AND 2030
FIGURE 17 TEXT SEGMENT, BY MODALITY, SET TO WITNESS LARGEST MARKET SHARE IN 2024
FIGURE 18 1 BILLION TO 10 BILLION PARAMETERS SEGMENT, BY MODEL SIZE, SET TO WITNESS LARGEST MARKET SHARE IN 2024
FIGURE 19 LANGUAGE TRANSLATION & LOCALIZATION SEGMENT TO BECOME FASTEST-GROWING APPLICATION DURING FORECAST PERIOD
FIGURE 20 HEALTHCARE & LIFE SCIENCES TO WITNESS HIGHEST GROWTH RATE DURING FORECAST PERIOD
FIGURE 21 ASIA PACIFIC TO REGISTER HIGHEST GROWTH RATE BETWEEN 2024 AND 2030
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR COMPANIES IN LARGE LANGUAGE MODEL MARKET
FIGURE 22 INCREASING DEMAND FOR SOPHISTICATED NLP APPLICATIONS ACROSS DIVERSE INDUSTRIES TO BE PIVOTAL GROWTH DRIVER
4.2 LARGE LANGUAGE MODEL MARKET: TOP THREE APPLICATIONS
FIGURE 23 INFORMATION RETRIEVAL APPLICATION SEGMENT TO ACCOUNT FOR HIGHEST GROWTH RATE DURING FORECAST PERIOD
4.3 NORTH AMERICA: LARGE LANGUAGE MODEL MARKET, BY OFFERING AND END USER
FIGURE 24 SOFTWARE AND MEDIA & ENTERTAINMENT TO BE LARGEST SHAREHOLDERS IN NORTH AMERICA IN 2024
4.4 LARGE LANGUAGE MODEL MARKET, BY REGION
FIGURE 25 NORTH AMERICA TO HOLD LARGEST MARKET SHARE IN 2024
5 MARKET OVERVIEW AND INDUSTRY TRENDS
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 26 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES: LARGE LANGUAGE MODEL MARKET
5.2.1 DRIVERS
5.2.1.1 Growth in availability of large datasets
FIGURE 27 VOLUME OF DATA GENERATED AND CONSUMED WORLDWIDE, 2010–2023 (ZETTABYTE)
5.2.1.2 Advancements in deep learning algorithms
FIGURE 28 LLM PERFORMANCE TO SCALE RAPIDLY WITH SPIKE IN MODEL SIZE, 2018–2023 (BILLION PARAMETERS)
5.2.1.3 Need for enhanced human-machine communication
FIGURE 29 USERS BECOMING INCREASINGLY ADAPTED TO CHATBOT CONVERSATIONS, 2021 VS. 2022
5.2.1.4 Rise in demand for automated content creation and curation
FIGURE 30 LARGE LANGUAGE MODEL USE CASES ACROSS ENTERPRISE SIZE, 2022
5.2.2 RESTRAINTS
5.2.2.1 High cost of model training & inference optimization
FIGURE 31 TRAINING COSTS PER MILLION PARAMETERS FOR VARIOUS GPT-3-BASED LARGE LANGUAGE MODELS
5.2.2.2 Data biases and quality concerns
5.2.2.3 Lack of transparency in explainability and interpretability
5.2.3 OPPORTUNITIES
5.2.3.1 Enhanced language translation and localization with use of LLMs
5.2.3.2 Emotion recognition and sentiment analysis using LLMs
FIGURE 32 SCORES OF SOME PROMINENT LLMS IN HUMAN COGNITIVE SKILLS, 2022
5.2.3.3 Pressing demand for LLMs in knowledge discovery and management
5.2.4 CHALLENGES
5.2.4.1 High inference latency
5.2.4.2 Computational inefficiency due to large memory requirements
FIGURE 33 COMPUTE REQUIREMENTS OF SOME PROMINENT LLMS (TERAFLOP)
5.2.4.3 Maintaining model performance and integrity
FIGURE 34 MODEL DRIFT IN GPT-4 WITHIN 3 MONTHS (MARCH 2023 VS. JUNE 2023)
5.3 EVOLUTION OF LARGE LANGUAGE MODEL MARKET
FIGURE 35 EVOLUTION OF LARGE LANGUAGE MODEL MARKET
5.4 LARGE LANGUAGE MODELS: SOFTWARE LAYERS
5.4.1 EMBEDDING LAYER
5.4.2 FEEDFORWARD LAYER
5.4.3 RECURRENT LAYER
5.4.4 ATTENTION LAYER
5.5 VALUE CHAIN ANALYSIS
FIGURE 36 LARGE LANGUAGE MODEL MARKET: VALUE CHAIN ANALYSIS
TABLE 8 LARGE LANGUAGE MODEL MARKET: VALUE CHAIN ANALYSIS
5.6 ECOSYSTEM ANALYSIS/MARKET MAP
TABLE 9 LARGE LANGUAGE MODEL MARKET: ECOSYSTEM
FIGURE 37 LARGE LANGUAGE MODEL MARKET MAP: KEY PLAYERS
5.6.1 LARGE LANGUAGE MODEL SOFTWARE PROVIDERS
5.6.1.1 LLM API Providers
5.6.1.2 Vector Database Providers
5.6.1.3 LLM Framework Providers
5.6.1.4 Text-to-Speech Providers
5.6.1.5 LLM Monitoring Tools Providers
5.6.2 LARGE LANGUAGE MODEL SERVICE PROVIDERS
5.6.2.1 Compute Platform Providers
5.6.2.2 Model Hubs
5.6.2.3 Fine Tuning/Custom Model Training Frameworks
5.6.2.4 Monitoring/Observability Platform Providers
5.6.2.5 Hosting Service Providers
5.6.3 END USERS
5.6.4 GOVERNMENT & REGULATORY BODIES
5.7 INVESTMENT LANDSCAPE AND FUNDING SCENARIO
FIGURE 38 LEADING LLM DEVELOPERS BY FUNDING VALUE AND FUNDING ROUNDS, 2017–2024 (USD MILLION)
FIGURE 39 MOST VALUED LLM DEVELOPERS, 2023 (USD BILLION)
FIGURE 40 INVESTMENTS IN LARGE LANGUAGE MODEL OPERATIONS (LLMOPS), BY CATEGORY, 2023 (USD MILLION)
FIGURE 41 LARGE LANGUAGE MODEL MARKET DEAL COUNT AND DEAL VALUE, Q1 2021–Q3 2023 (USD MILLION)
5.8 CASE STUDY ANALYSIS
5.8.1 BFSI
5.8.1.1 Accelerated collection and analysis of investment information for Edger Finance with generative AI
5.8.2 MEDIA & ENTERTAINMENT
5.8.2.1 Revolutionized decentralized digital world of media & entertainment industry for Ben Group
5.8.3 HEALTHCARE & LIFE SCIENCES
5.8.3.1 Summer Health reimagined pediatric doctor’s visits with OpenAI
5.8.4 IT/ITES
5.8.4.1 Oxide AI piloted IBM watsonx.ai to take on investment information overload in finance
5.8.5 LAW FIRMS
5.8.5.1 Manz leveraged Deepset cloud to significantly reduce legal research efforts through semantic search
5.9 TECHNOLOGY ANALYSIS
5.9.1 KEY TECHNOLOGIES
5.9.1.1 Natural Language Processing (NLP)
5.9.1.2 Deep Learning
5.9.1.3 Transformer Architecture
5.9.1.4 Attention Mechanisms
5.9.1.5 Transfer Learning
5.9.2 ADJACENT TECHNOLOGIES
5.9.2.1 Speech Recognition
5.9.2.2 Computer Vision
5.9.2.3 Reinforcement Learning
5.9.2.4 Knowledge Graphs
5.9.3 COMPLEMENTARY TECHNOLOGIES
5.9.3.1 Quantum Computing
5.9.3.2 Explainable AI
5.9.3.3 Edge Computing
5.9.3.4 Blockchain
5.10 REGULATORY LANDSCAPE
5.10.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 10 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 11 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 12 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 13 MIDDLE EAST & AFRICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 14 LATIN AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.10.2 REGULATIONS: LARGE LANGUAGE MODEL MARKET
5.10.2.1 North America
5.10.2.1.1 California Consumer Privacy Act (CCPA)
5.10.2.1.2 Canada's Directive on Automated Decision-Making
5.10.2.1.3 AI and Automated Decision Systems (AADS) Ordinance (New York City)
5.10.2.2 Europe
5.10.2.2.1 General Data Protection Regulation (GDPR)
5.10.2.2.2 European Union's Artificial Intelligence Act (AIA)
5.10.2.2.3 Ethical Guidelines for Trustworthy AI by the European Commission
5.10.2.3 Asia Pacific
5.10.2.3.1 Personal Information Protection Law (PIPL) - China
5.10.2.3.2 Artificial Intelligence Ethics Guidelines - Japan
5.10.2.3.3 AI Strategy and Governance Framework - Australia
5.10.2.4 Middle East & Africa
5.10.2.4.1 UAE AI Regulation and Ethics Guidelines
5.10.2.4.2 South Africa's Protection of Personal Information Act (POPIA)
5.10.2.4.3 Egypt's Data Protection Law
5.10.2.5 Latin America
5.10.2.5.1 Brazil - General Data Protection Law (LGPD)
5.10.2.5.2 Mexico - Federal Law on the Protection of Personal Data Held by Private Parties (LFPDPPP)
5.10.2.5.3 Argentina - Personal Data Protection Law (PDPL)
5.11 PATENT ANALYSIS
5.11.1 METHODOLOGY
5.11.2 PATENTS FILED, BY DOCUMENT TYPE
TABLE 15 PATENTS FILED, 2013–2023
5.11.3 INNOVATION AND PATENT APPLICATIONS
FIGURE 42 NUMBER OF PATENTS GRANTED IN LAST 10 YEARS, 2013–2023
5.11.3.1 Top patent owners in large language model market
FIGURE 43 TOP 10 APPLICANTS IN LARGE LANGUAGE MODEL MARKET, 2013–2023
TABLE 16 TOP 20 PATENT OWNERS IN LARGE LANGUAGE MODEL MARKET, 2013–2023
TABLE 17 LIST OF FEW PATENTS IN LARGE LANGUAGE MODEL MARKET, 2022–2023
FIGURE 44 REGIONAL ANALYSIS OF PATENTS GRANTED, 2013–2023
5.12 PRICING ANALYSIS
5.12.1 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY SOFTWARE TYPE
FIGURE 45 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY SOFTWARE TYPE
TABLE 18 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY SOFTWARE TYPE
5.12.2 INDICATIVE PRICING ANALYSIS, BY OFFERING
TABLE 19 INDICATIVE PRICING LEVELS OF LARGE LANGUAGE MODEL SOLUTIONS, BY OFFERING
5.13 TRADE ANALYSIS
5.13.1 EXPORT SCENARIO OF COMPUTER SOFTWARE
FIGURE 46 EXPORT VALUE OF COMPUTER SOFTWARE, BY KEY COUNTRY, 2015–2022 (USD BILLION)
5.13.2 IMPORT SCENARIO OF COMPUTER SOFTWARE
FIGURE 47 IMPORT VALUE OF COMPUTER SOFTWARE, BY KEY COUNTRY, 2015–2022 (USD BILLION)
5.14 KEY CONFERENCES & EVENTS
TABLE 20 LARGE LANGUAGE MODEL MARKET: DETAILED LIST OF CONFERENCES & EVENTS, 2024–2025
5.15 PORTER’S FIVE FORCES ANALYSIS
TABLE 21 PORTER’S FIVE FORCES’ IMPACT ON LARGE LANGUAGE MODEL MARKET
FIGURE 48 PORTER’S FIVE FORCES ANALYSIS: LARGE LANGUAGE MODEL MARKET
5.15.1 THREAT OF NEW ENTRANTS
5.15.2 THREAT OF SUBSTITUTES
5.15.3 BARGAINING POWER OF SUPPLIERS
5.15.4 BARGAINING POWER OF BUYERS
5.15.5 INTENSITY OF COMPETITIVE RIVALRY
5.16 TECHNOLOGY ROADMAP
FIGURE 49 TECHNOLOGY ROADMAP FOR LARGE LANGUAGE MODEL MARKET
5.17 BUSINESS MODELS
FIGURE 50 LARGE LANGUAGE MODEL: BUSINESS MODELS
5.17.1 SOFTWARE VENDOR MODEL
5.17.2 CLOUD API ACCESS MODEL
5.17.3 CUSTOM TRAINING/FINE-TUNING MODEL
5.17.4 MARKETPLACES/EXCHANGES MODEL
5.18 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
5.18.1 REVENUE SHIFT & NEW REVENUE POCKETS FOR LARGE LANGUAGE MODEL PROVIDERS
FIGURE 51 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
5.19 KEY STAKEHOLDERS & BUYING CRITERIA
5.19.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 52 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR KEY END USERS
TABLE 22 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR KEY END USERS
5.19.2 BUYING CRITERIA
FIGURE 53 KEY BUYING CRITERIA FOR TOP THREE END USERS
TABLE 23 KEY BUYING CRITERIA FOR TOP THREE END USERS
6 LARGE LANGUAGE MODEL MARKET, BY OFFERING
6.1 INTRODUCTION
6.1.1 OFFERING: LARGE LANGUAGE MODEL MARKET DRIVERS
FIGURE 54 SOFTWARE SEGMENT TO REGISTER LARGER MARKET SHARE IN 2024
TABLE 24 LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 25 LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2024–2030 (USD MILLION)
6.2 SOFTWARE, BY TYPE
FIGURE 55 DOMAIN-SPECIFIC LLMS TO BE FASTEST-GROWING SEGMENT BETWEEN 2024 AND 2030
TABLE 26 LARGE LANGUAGE MODEL MARKET, BY SOFTWARE TYPE, 2020–2023 (USD MILLION)
TABLE 27 LARGE LANGUAGE MODEL MARKET, BY SOFTWARE TYPE, 2024–2030 (USD MILLION)
6.2.1 GENERAL PURPOSE LLMS
6.2.1.1 High versatility and rapid adaptability of general-purpose LLMs to spur widespread deployment across multiple use cases
TABLE 28 GENERAL-PURPOSE LLMS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 29 GENERAL-PURPOSE LLMS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
6.2.2 DOMAIN-SPECIFIC LLMS
6.2.2.1 Adoption of domain-specific LLMs to be driven by organizations' pressing needs for LLMs tailored to their industry
6.2.2.2 Zero-shot
TABLE 30 ZERO-SHOT DOMAIN-SPECIFIC LLMS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 31 ZERO-SHOT DOMAIN-SPECIFIC LLMS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
6.2.2.3 One-shot
TABLE 32 ONE-SHOT DOMAIN-SPECIFIC LLMS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 33 ONE-SHOT DOMAIN-SPECIFIC LLMS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
6.2.2.4 Few-shot
TABLE 34 FEW-SHOT DOMAIN-SPECIFIC LLMS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 35 FEW-SHOT DOMAIN-SPECIFIC LLMS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
6.2.3 MULTILINGUAL LLMS
6.2.3.1 Increasing globalization and drive for inclusivity to catalyze demand for seamless multilingual language processing capabilities
TABLE 36 MULTILINGUAL LLMS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 37 MULTILINGUAL LLMS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
6.2.4 TASK-SPECIFIC LLMS
6.2.4.1 Demand for high accuracy and precision in task-oriented language models for mission-critical applications to drive task-specific LLM growth
TABLE 38 TASK-SPECIFIC LLMS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 39 TASK-SPECIFIC LLMS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
6.3 SOFTWARE, BY SOURCE CODE
FIGURE 56 CLOSED-SOURCE LLMS SEGMENT TO HOLD LARGEST MARKET SHARE IN 2024
TABLE 40 LARGE LANGUAGE MODEL MARKET, BY SOFTWARE SOURCE CODE, 2020–2023 (USD MILLION)
TABLE 41 LARGE LANGUAGE MODEL MARKET, BY SOFTWARE SOURCE CODE, 2024–2030 (USD MILLION)
6.3.1 OPEN-SOURCE LLMS
6.3.1.1 Availability of powerful open-source LLM models, combined with collaborative nature of open-source community, to drive adoption and growth of open-source LLMs
TABLE 42 OPEN-SOURCE LLMS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 43 OPEN-SOURCE LLMS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
6.3.2 CLOSED-SOURCE LLMS
6.3.2.1 Closed-source LLMs to be driven by need for customized, domain-specific AI solutions, as well as desire for exclusive access and proprietary advantages
TABLE 44 CLOSED-SOURCE LLMS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 45 CLOSED-SOURCE LLMS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
6.4 SOFTWARE, BY DEPLOYMENT MODE
FIGURE 57 CLOUD SEGMENT TO HOLD LARGER MARKET SHARE IN 2024
TABLE 46 LARGE LANGUAGE MODEL MARKET, BY SOFTWARE DEPLOYMENT MODE, 2020–2023 (USD MILLION)
TABLE 47 LARGE LANGUAGE MODEL MARKET, BY SOFTWARE DEPLOYMENT MODE, 2024–2030 (USD MILLION)
6.4.1 CLOUD
6.4.1.1 Increasing demand for scalable and easily accessible LLM APIs to drive growth of cloud-based LLMs
TABLE 48 CLOUD: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 49 CLOUD: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
6.4.2 ON-PREMISES
6.4.2.1 Pressing need from enterprises for stringent data privacy and handling data in sensitive domains to fuel growth of on-premises LLMs for localized deployment and control
TABLE 50 ON-PREMISES: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 51 ON-PREMISES: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
6.5 SERVICES
FIGURE 58 LLM FINE-TUNING SERVICES TO REGISTER HIGHEST GROWTH RATE IN LARGE LANGUAGE MODEL MARKET BETWEEN 2024 AND 2030
TABLE 52 LARGE LANGUAGE MODEL MARKET, BY SERVICE, 2020–2023 (USD MILLION)
TABLE 53 LARGE LANGUAGE MODEL MARKET, BY SERVICE, 2024–2030 (USD MILLION)
6.5.1 CONSULTING
6.5.1.1 Growing demand for expert guidance on LLM adoption and implementation strategies to drive consulting services segment
TABLE 54 CONSULTING: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 55 CONSULTING: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
6.5.2 LLM DEVELOPMENT
6.5.2.1 LLM development services to be buoyed by increasing need for custom LLMs tailored to specific use cases and industries
TABLE 56 LLM DEVELOPMENT: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 57 LLM DEVELOPMENT: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
6.5.3 INTEGRATION
6.5.3.1 Necessity of seamlessly incorporating LLMs into existing software ecosystems and workflows to accentuate demand for integration services
TABLE 58 INTEGRATION: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 59 INTEGRATION: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
6.5.4 LLM FINE-TUNING
6.5.4.1 Domain-specific and task-specific LLM optimization set to expand LLM fine-tuning services market
6.5.4.2 Full fine-tuning
TABLE 60 FULL FINE-TUNING: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 61 FULL FINE-TUNING: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
6.5.4.3 Retrieval-augmented Generation (RAG)
TABLE 62 RETRIEVAL-AUGMENTED GENERATION: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 63 RETRIEVAL-AUGMENTED GENERATION: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
6.5.4.4 Adapter-based parameter-efficient tuning
TABLE 64 ADAPTER-BASED PARAMETER-EFFICIENT TUNING: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 65 ADAPTER-BASED PARAMETER-EFFICIENT TUNING: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
6.5.5 LLM-BACKED APP DEVELOPMENT
6.5.5.1 Adoption of LLM-backed app development services on the rise, attributed to growing popularity of LLM-powered applications across various sectors
TABLE 66 LLM-BACKED APP DEVELOPMENT: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 67 LLM-BACKED APP DEVELOPMENT: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
6.5.6 PROMPT ENGINEERING
6.5.6.1 Prompt engineering services slated for rapid growth owing to criticality of effective prompt design for optimal LLM performance
TABLE 68 PROMPT ENGINEERING: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 69 PROMPT ENGINEERING: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
6.5.7 SUPPORT & MAINTENANCE
6.5.7.1 Ongoing need for LLM model updates, monitoring, and long-term support to drive adoption of support & maintenance services
TABLE 70 SUPPORT & MAINTENANCE: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 71 SUPPORT & MAINTENANCE: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
7 LARGE LANGUAGE MODEL MARKET, BY ARCHITECTURE
7.1 INTRODUCTION
7.1.1 ARCHITECTURE: LARGE LANGUAGE MODEL MARKET DRIVERS
FIGURE 59 AUTOENCODING LLMS TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 72 LARGE LANGUAGE MODEL MARKET, BY ARCHITECTURE, 2020–2023 (USD MILLION)
TABLE 73 LARGE LANGUAGE MODEL MARKET, BY ARCHITECTURE, 2024–2030 (USD MILLION)
7.2 AUTOREGRESSIVE LANGUAGE MODELS
7.2.1 AUTOREGRESSIVE LANGUAGE MODELS TO CAPTURE COMPLEX LINGUISTIC PATTERNS AND DEPENDENCIES WITHIN GIVEN CONTEXT
TABLE 74 AUTOREGRESSIVE LANGUAGE MODELS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 75 AUTOREGRESSIVE LANGUAGE MODELS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
7.2.2 SINGLE-HEADED AUTOREGRESSIVE LANGUAGE MODELS
7.2.3 MULTI-HEADED AUTOREGRESSIVE LANGUAGE MODELS
7.3 AUTOENCODING LANGUAGE MODELS
7.3.1 AELMS TO EXTEND TO FINE-TUNING DOWNSTREAM TASKS, LEADING TO WIDESPREAD ADOPTION IN INDUSTRY AND ACADEMIA
TABLE 76 AUTOENCODING LANGUAGE MODELS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 77 AUTOENCODING LANGUAGE MODELS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
7.3.2 VANILLA AUTOENCODING LANGUAGE MODELS
7.3.3 OPTIMIZED AUTOENCODING LANGUAGE MODELS
7.4 HYBRID LANGUAGE MODELS
7.4.1 INTEGRATING AUTOREGRESSIVE AND AUTOENCODING COMPONENTS TO ENABLE THEM TO EXCEL IN TASKS REQUIRING CONTEXTUAL UNDERSTANDING AND GENERATIVE CAPABILITIES
TABLE 78 HYBRID LANGUAGE MODELS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 79 HYBRID LANGUAGE MODELS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
7.4.2 TEXT-TO-TEXT LANGUAGE MODELS
7.4.3 PRETRAINING-FINETUNING MODELS
8 LARGE LANGUAGE MODEL MARKET, BY MODALITY
8.1 INTRODUCTION
8.1.1 MODALITY: LARGE LANGUAGE MODEL MARKET DRIVERS
FIGURE 60 VIDEO MODALITY TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 80 LARGE LANGUAGE MODEL MARKET, BY MODALITY, 2020–2023 (USD MILLION)
TABLE 81 LARGE LANGUAGE MODEL MARKET, BY MODALITY, 2024–2030 (USD MILLION)
8.2 TEXT
8.2.1 LLMS TO LEVERAGE ADVANCED TECHNIQUES SUCH AS ATTENTION MECHANISMS AND TRANSFORMER ARCHITECTURES TO PROCESS AND GENERATE TEXT
TABLE 82 TEXT: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 83 TEXT: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
8.3 CODE
8.3.1 LLMS WITH CODE UNDERSTANDING CAPABILITIES TO ASSIST IN TASKS SUCH AS SOFTWARE MAINTENANCE, REFACTORING, AND OPTIMIZATION
TABLE 84 CODE: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 85 CODE: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
8.4 IMAGE
8.4.1 MULTIMODAL TRANSFORMERS AND FUSION MECHANISMS TO ALLOW LLMS TO INCORPORATE VISUAL INFORMATION ALONGSIDE TEXTUAL INPUTS
TABLE 86 IMAGE: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 87 IMAGE: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
8.5 VIDEO
8.5.1 VIDEO MODALITY TO EMPOWER LLMS TO EXTRACT MEANINGFUL INSIGHTS FROM VIDEO CONTENT, INCLUDING OBJECT RECOGNITION, ACTIVITY DETECTION, AND SCENE UNDERSTANDING
TABLE 88 VIDEO: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 89 VIDEO: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
9 LARGE LANGUAGE MODEL MARKET, BY MODEL SIZE
9.1 INTRODUCTION
9.1.1 MODEL SIZE: LARGE LANGUAGE MODEL MARKET DRIVERS
FIGURE 61 200 BILLION TO 500 BILLION PARAMETERS SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 90 LARGE LANGUAGE MODEL MARKET, BY MODEL SIZE, 2020–2023 (USD MILLION)
TABLE 91 LARGE LANGUAGE MODEL MARKET, BY MODEL SIZE, 2024–2030 (USD MILLION)
9.2 BELOW 1 BILLION PARAMETERS
9.2.1 MODELS BELOW 1 BILLION PARAMETERS TO BE IDEAL FOR APPLICATIONS IN ENVIRONMENTS WITH LIMITED COMPUTATIONAL CAPABILITIES
FIGURE 62 PROMINENT LLMS BELOW 1 BILLION PARAMETERS
TABLE 92 BELOW 1 BILLION PARAMETERS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 93 BELOW 1 BILLION PARAMETERS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
9.3 1 BILLION TO 10 BILLION PARAMETERS
9.3.1 MODELS BETWEEN 1 BILLION AND 10 BILLION PARAMETERS ADEPT FOR BROAD SPECTRUM OF NLP TASKS WITH MODERATE COMPUTATIONAL REQUIREMENTS
FIGURE 63 PROMINENT LLMS BETWEEN 1 BILLION AND 10 BILLION PARAMETERS
TABLE 94 1 BILLION TO 10 BILLION PARAMETERS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 95 1 BILLION TO 10 BILLION PARAMETERS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
9.4 10 BILLION TO 50 BILLION PARAMETERS
9.4.1 10 BILLION TO 50 BILLION PARAMETERS MODELS TO HANDLE ADVANCED LANGUAGE UNDERSTANDING WITHOUT RESOURCE-INTENSIVE NATURE OF LARGER MODELS
FIGURE 64 PROMINENT LLMS BETWEEN 10 BILLION AND 50 BILLION PARAMETERS
TABLE 96 10 BILLION TO 50 BILLION PARAMETERS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 97 10 BILLION TO 50 BILLION PARAMETERS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
9.5 50 BILLION TO 100 BILLION PARAMETERS
9.5.1 EXPANSION IN MODELS WITH 50 BILLION TO 100 BILLION PARAMETERS PROPELLED BY THEIR INCREASED CAPACITY FOR NUANCED LANGUAGE COMPREHENSION AND CONTEXT AWARENESS
FIGURE 65 PROMINENT LLMS BETWEEN 50 BILLION AND 100 BILLION PARAMETERS
TABLE 98 50 BILLION TO 100 BILLION PARAMETERS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 99 50 BILLION TO 100 BILLION PARAMETERS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
9.6 100 BILLION TO 200 BILLION PARAMETERS
9.6.1 HEIGHTENED CAPABILITY TO UNDERSTAND COMPLEX LANGUAGE PATTERNS TO MAKE THESE MODEL SIZES SUITABLE FOR DEVELOPING DOMAIN-SPECIFIC LLMS
FIGURE 66 PROMINENT LLMS BETWEEN 100 BILLION AND 200 BILLION PARAMETERS
TABLE 100 100 BILLION TO 200 BILLION PARAMETERS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 101 100 BILLION TO 200 BILLION PARAMETERS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
9.7 200 BILLION TO 500 BILLION PARAMETERS
9.7.1 THESE MODELS DEMONSTRATE ROBUST PERFORMANCE IN EXTENSIVE CONTEXT AWARENESS, SOPHISTICATED DIALOGUE SYSTEMS, AND ADVANCED CONTENT GENERATION
FIGURE 67 PROMINENT LLMS BETWEEN 200 BILLION AND 500 BILLION PARAMETERS
TABLE 102 200 BILLION TO 500 BILLION PARAMETERS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 103 200 BILLION TO 500 BILLION PARAMETERS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
9.8 ABOVE 500 BILLION PARAMETERS
9.8.1 MODELS ABOVE 500 BILLION PARAMETERS TO PROVIDE UNPARALLELED PERFORMANCE AND EXCEPTIONALLY HIGH LEVEL OF CONTEXT COMPREHENSION AND GENERATION
FIGURE 68 PROMINENT LLMS ABOVE 500 BILLION PARAMETERS
TABLE 104 ABOVE 500 BILLION PARAMETERS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 105 ABOVE 500 BILLION PARAMETERS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
10 LARGE LANGUAGE MODEL MARKET, BY APPLICATION
10.1 INTRODUCTION
10.1.1 APPLICATION: LARGE LANGUAGE MODEL MARKET DRIVERS
FIGURE 69 LANGUAGE TRANSLATION & LOCALIZATION APPLICATION TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 106 LARGE LANGUAGE MODEL MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 107 LARGE LANGUAGE MODEL MARKET, BY APPLICATION, 2024–2030 (USD MILLION)
10.2 INFORMATION RETRIEVAL
10.2.1 LLMS TO HELP UNDERSTAND SEMANTIC MEANING AND CONTEXT OF TEXT, ENABLING MORE ACCURATE AND RELEVANT INFORMATION RETRIEVAL
TABLE 108 INFORMATION RETRIEVAL: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 109 INFORMATION RETRIEVAL: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
10.3 LANGUAGE TRANSLATION & LOCALIZATION
10.3.1 LLMS TO STREAMLINE LOCALIZATION PROCESS BY AUTOMATING VARIOUS TASKS, SUCH AS TRANSLATING WEBSITE CONTENT, PRODUCT DESCRIPTIONS, AND USER INTERFACES
TABLE 110 LANGUAGE TRANSLATION & LOCALIZATION: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 111 LANGUAGE TRANSLATION & LOCALIZATION: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
10.3.2 MULTILINGUAL TRANSLATION
10.3.3 LOCALIZATION SERVICES
10.4 CONTENT GENERATION & CURATION
10.4.1 BUSINESSES AND CONTENT CREATORS TO STREAMLINE CONTENT WORKFLOWS, IMPROVE CONTENT QUALITY, AND DELIVER MORE PERSONALIZED EXPERIENCE
TABLE 112 CONTENT GENERATION & CURATION: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 113 CONTENT GENERATION & CURATION: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
10.4.2 AUTOMATED JOURNALISM AND ARTICLE WRITING
10.4.3 CREATIVE WRITING
10.5 CODE GENERATION
10.5.1 LLMS TO FACILITATE CODE REFACTORING AND OPTIMIZATION BY ANALYZING EXISTING CODEBASES AND SUGGESTING IMPROVEMENTS OR ALTERNATIVE IMPLEMENTATIONS
TABLE 114 CODE GENERATION: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 115 CODE GENERATION: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
10.6 CUSTOMER SERVICE AUTOMATION
10.6.1 INTEGRATING AUTOREGRESSIVE AND AUTOENCODING COMPONENTS TO ENABLE TO EXCEL IN TASKS REQUIRING CONTEXTUAL UNDERSTANDING AND GENERATIVE CAPABILITIES
TABLE 116 CUSTOMER SERVICE AUTOMATION: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 117 CUSTOMER SERVICE AUTOMATION: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
10.6.2 CHATBOTS AND VIRTUAL ASSISTANTS
10.6.3 SALES AND MARKETING AUTOMATION
10.6.4 PERSONALIZED RECOMMENDATION
10.7 DATA ANALYSIS AND BI
10.7.1 INTEGRATING LLMS TO AUTOMATE DATA CATEGORIZATION, ANOMALY DETECTION, AND PREDICTIVE ANALYTICS, ENABLING BUSINESSES TO GAIN DEEPER INSIGHTS
TABLE 118 DATA ANALYSIS AND BI: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 119 DATA ANALYSIS AND BI: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
10.7.2 SENTIMENT ANALYSIS
10.7.3 BUSINESS REPORTING AND MARKET ANALYSIS
10.8 OTHER APPLICATIONS
TABLE 120 OTHER APPLICATIONS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 121 OTHER APPLICATIONS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
11 LARGE LANGUAGE MODEL MARKET, BY END USER
11.1 INTRODUCTION
11.1.1 END USER: LARGE LANGUAGE MODEL MARKET DRIVERS
FIGURE 70 HEALTHCARE & LIFE SCIENCES SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 122 LARGE LANGUAGE MODEL MARKET, BY END USER, 2020–2023 (USD MILLION)
TABLE 123 LARGE LANGUAGE MODEL MARKET, BY END USER, 2024–2030 (USD MILLION)
11.2 IT & ITES
11.2.1 EXTENSIVE UTILIZATION OF LLMS IN SOFTWARE DEVELOPMENT PROCESSES AND CUSTOMER SERVICE
FIGURE 71 IT/ITES: KEY USE CASES
TABLE 124 LARGE LANGUAGE MODEL MARKET IN IT & ITES, BY REGION, 2020–2023 (USD MILLION)
TABLE 125 LARGE LANGUAGE MODEL MARKET IN IT & ITES, BY REGION, 2024–2030 (USD MILLION)
TABLE 126 LARGE LANGUAGE MODEL MARKET IN IT & ITES, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 127 LARGE LANGUAGE MODEL MARKET IN IT & ITES, BY OFFERING, 2024–2030 (USD MILLION)
TABLE 128 LARGE LANGUAGE MODEL MARKET IN IT & ITES, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 129 LARGE LANGUAGE MODEL MARKET IN IT & ITES, BY APPLICATION, 2024–2030 (USD MILLION) 237" "11.3 HEALTHCARE & LIFE SCIENCES
11.3.1 LEVERAGING LLMS FOR SENTIMENT ANALYSIS OF PATIENT FEEDBACK, PROCESS OF LITERATURE REVIEW, AND PARSING COMPLEX DATASETS
FIGURE 72 HEALTHCARE & LIFE SCIENCES: KEY USE CASES
TABLE 130 LARGE LANGUAGE MODEL MARKET IN HEALTHCARE & LIFE SCIENCES, BY REGION, 2020–2023 (USD MILLION)
TABLE 131 LARGE LANGUAGE MODEL MARKET IN HEALTHCARE & LIFE SCIENCES, BY REGION, 2024–2030 (USD MILLION)
TABLE 132 LARGE LANGUAGE MODEL MARKET IN HEALTHCARE & LIFE SCIENCES, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 133 LARGE LANGUAGE MODEL MARKET IN HEALTHCARE & LIFE SCIENCES, BY OFFERING, 2024–2030 (USD MILLION)
TABLE 134 LARGE LANGUAGE MODEL MARKET IN HEALTHCARE & LIFE SCIENCES, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 135 LARGE LANGUAGE MODEL MARKET IN HEALTHCARE & LIFE SCIENCES, BY APPLICATION, 2024–2030 (USD MILLION)
11.4 LAW FIRMS
11.4.1 NLP CAPABILITIES OF LLMS ENABLE LAW FIRMS TO EXTRACT INSIGHTS FROM VAST AMOUNTS OF LEGAL TEXTS
FIGURE 73 LAW FIRMS: KEY USE CASES
TABLE 136 LARGE LANGUAGE MODEL MARKET IN LAW FIRMS, BY REGION, 2020–2023 (USD MILLION)
TABLE 137 LARGE LANGUAGE MODEL MARKET IN LAW FIRMS, BY REGION, 2024–2030 (USD MILLION)
TABLE 138 LARGE LANGUAGE MODEL MARKET IN LAW FIRMS, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 139 LARGE LANGUAGE MODEL MARKET IN LAW FIRMS, BY OFFERING, 2024–2030 (USD MILLION)
TABLE 140 LARGE LANGUAGE MODEL MARKET IN LAW FIRMS, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 141 LARGE LANGUAGE MODEL MARKET IN LAW FIRMS, BY APPLICATION, 2024–2030 (USD MILLION)
11.5 BFSI
11.5.1 LLMS HELP FINANCIAL INSTITUTIONS AUTOMATE ROUTINE TASKS SUCH AS CONTRACT ANALYSIS AND COMPLIANCE MONITORING
FIGURE 74 BFSI: KEY USE CASES
TABLE 142 LARGE LANGUAGE MODEL MARKET IN BFSI, BY REGION, 2020–2023 (USD MILLION)
TABLE 143 LARGE LANGUAGE MODEL MARKET IN BFSI, BY REGION, 2024–2030 (USD MILLION)
TABLE 144 LARGE LANGUAGE MODEL MARKET IN BFSI, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 145 LARGE LANGUAGE MODEL MARKET IN BFSI, BY OFFERING, 2024–2030 (USD MILLION)
TABLE 146 LARGE LANGUAGE MODEL MARKET IN BFSI, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 147 LARGE LANGUAGE MODEL MARKET IN BFSI, BY APPLICATION, 2024–2030 (USD MILLION)
11.6 MANUFACTURING
11.6.1 OPTIMIZING SUPPLY CHAIN BY ANALYZING MARKET TRENDS, DEMAND FORECASTS, AND LOGISTICAL DATA
FIGURE 75 MANUFACTURING: KEY USE CASES
TABLE 148 LARGE LANGUAGE MODEL MARKET IN MANUFACTURING, BY REGION, 2020–2023 (USD MILLION)
TABLE 149 LARGE LANGUAGE MODEL MARKET IN MANUFACTURING, BY REGION, 2024–2030 (USD MILLION)
TABLE 150 LARGE LANGUAGE MODEL MARKET IN MANUFACTURING, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 151 LARGE LANGUAGE MODEL MARKET IN MANUFACTURING, BY OFFERING, 2024–2030 (USD MILLION)
TABLE 152 LARGE LANGUAGE MODEL MARKET IN MANUFACTURING, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 153 MANUFACTURING: LARGE LANGUAGE MODEL MARKET, BY APPLICATION, 2024–2030 (USD MILLION)
11.7 EDUCATION
11.7.1 DEMAND FOR ASSISTANCE IN GRADING ASSIGNMENTS, GENERATING QUIZZES, AND PROVIDING FEEDBACK IN EDUCATION
FIGURE 76 EDUCATION: KEY USE CASES
TABLE 154 LARGE LANGUAGE MODEL MARKET IN EDUCATION, BY REGION, 2020–2023 (USD MILLION)
TABLE 155 LARGE LANGUAGE MODEL MARKET IN EDUCATION, BY REGION, 2024–2030 (USD MILLION)
TABLE 156 LARGE LANGUAGE MODEL MARKET IN EDUCATION, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 157 LARGE LANGUAGE MODEL MARKET IN EDUCATION, BY OFFERING, 2024–2030 (USD MILLION)
TABLE 158 LARGE LANGUAGE MODEL MARKET IN EDUCATION, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 159 LARGE LANGUAGE MODEL MARKET IN EDUCATION, BY APPLICATION, 2024–2030 (USD MILLION)
11.8 RETAIL & ECOMMERCE
11.8.1 NEED FOR RETAILERS TO DELIVER ENGAGING AND RESPONSIVE INTERACTIONS ACROSS MULTIPLE CHANNELS
FIGURE 77 RETAIL & ECOMMERCE: KEY USE CASES
TABLE 160 LARGE LANGUAGE MODEL MARKET IN RETAIL & ECOMMERCE, BY REGION, 2020–2023 (USD MILLION)
TABLE 161 LARGE LANGUAGE MODEL MARKET IN RETAIL & ECOMMERCE, BY REGION, 2024–2030 (USD MILLION)
TABLE 162 LARGE LANGUAGE MODEL MARKET IN RETAIL & ECOMMERCE, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 163 LARGE LANGUAGE MODEL MARKET IN RETAIL & ECOMMERCE, BY OFFERING, 2024–2030 (USD MILLION)
TABLE 164 LARGE LANGUAGE MODEL MARKET IN RETAIL & ECOMMERCE, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 165 LARGE LANGUAGE MODEL MARKET IN RETAIL & ECOMMERCE, BY APPLICATION, 2024–2030 (USD MILLION)
11.9 MEDIA & ENTERTAINMENT
11.9.1 ENABLING MEDIA COMPANIES TO OPTIMIZE CONTENT FOR DIFFERENT PLATFORMS AND AUDIENCES
FIGURE 78 MEDIA & ENTERTAINMENT: KEY USE CASES
TABLE 166 LARGE LANGUAGE MODEL MARKET IN MEDIA & ENTERTAINMENT, BY REGION, 2020–2023 (USD MILLION)
TABLE 167 LARGE LANGUAGE MODEL MARKET IN MEDIA & ENTERTAINMENT, BY REGION, 2024–2030 (USD MILLION)
TABLE 168 LARGE LANGUAGE MODEL MARKET IN MEDIA & ENTERTAINMENT, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 169 LARGE LANGUAGE MODEL MARKET IN MEDIA & ENTERTAINMENT, BY OFFERING, 2024–2030 (USD MILLION)
TABLE 170 LARGE LANGUAGE MODEL MARKET IN MEDIA & ENTERTAINMENT, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 171 LARGE LANGUAGE MODEL MARKET IN MEDIA & ENTERTAINMENT, BY APPLICATION, 2024–2030 (USD MILLION)
11.10 OTHER END USERS
TABLE 172 LARGE LANGUAGE MODEL MARKET IN OTHER END USERS, BY REGION, 2020–2023 (USD MILLION)
TABLE 173 LARGE LANGUAGE MODEL MARKET IN OTHER END USERS, BY REGION, 2024–2030 (USD MILLION)
TABLE 174 LARGE LANGUAGE MODEL MARKET IN OTHER END USERS, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 175 LARGE LANGUAGE MODEL MARKET IN OTHER END USERS, BY OFFERING, 2024–2030 (USD MILLION)
TABLE 176 LARGE LANGUAGE MODEL MARKET IN OTHER END USERS, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 177 LARGE LANGUAGE MODEL MARKET IN OTHER END USERS, BY APPLICATION, 2024–2030 (USD MILLION)
12 LARGE LANGUAGE MODEL MARKET, BY REGION
12.1 INTRODUCTION
FIGURE 79 ASIA PACIFIC TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 80 INDIA TO REGISTER HIGHEST GROWTH RATE IN LARGE LANGUAGE MODEL MARKET DURING FORECAST PERIOD
TABLE 178 LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 179 LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
12.2 NORTH AMERICA
12.2.1 NORTH AMERICA: LARGE LANGUAGE MODEL MARKET DRIVERS
12.2.2 NORTH AMERICA: RECESSION IMPACT
FIGURE 81 NORTH AMERICA: LARGE LANGUAGE MODEL MARKET SNAPSHOT
TABLE 180 NORTH AMERICA: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 181 NORTH AMERICA: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2024–2030 (USD MILLION)
TABLE 182 NORTH AMERICA: LARGE LANGUAGE MODEL SOFTWARE MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 183 NORTH AMERICA: LARGE LANGUAGE MODEL SOFTWARE MARKET, BY TYPE, 2024–2030 (USD MILLION)
TABLE 184 NORTH AMERICA: LARGE LANGUAGE MODEL SOFTWARE MARKET, BY SOURCE CODE, 2020–2023 (USD MILLION)
TABLE 185 NORTH AMERICA: LARGE LANGUAGE MODEL SOFTWARE MARKET, BY SOURCE CODE, 2024–2030 (USD MILLION)
TABLE 186 NORTH AMERICA: LARGE LANGUAGE MODEL SOFTWARE MARKET, BY DEPLOYMENT MODE, 2020–2023 (USD MILLION)
TABLE 187 NORTH AMERICA: LARGE LANGUAGE MODEL SOFTWARE MARKET, BY DEPLOYMENT MODE, 2024–2030 (USD MILLION)
TABLE 188 NORTH AMERICA: LARGE LANGUAGE MODEL MARKET, BY SERVICE, 2020–2023 (USD MILLION)
TABLE 189 NORTH AMERICA: LARGE LANGUAGE MODEL MARKET, BY SERVICE, 2024–2030 (USD MILLION)
TABLE 190 NORTH AMERICA: LARGE LANGUAGE MODEL MARKET, BY ARCHITECTURE, 2020–2023 (USD MILLION)
TABLE 191 NORTH AMERICA: LARGE LANGUAGE MODEL MARKET, BY ARCHITECTURE, 2024–2030 (USD MILLION)
TABLE 192 NORTH AMERICA: LARGE LANGUAGE MODEL MARKET, BY MODALITY, 2020–2023 (USD MILLION)
TABLE 193 NORTH AMERICA: LARGE LANGUAGE MODEL MARKET, BY MODALITY, 2024–2030 (USD MILLION)
TABLE 194 NORTH AMERICA: LARGE LANGUAGE MODEL MARKET, BY MODEL SIZE, 2020–2023 (USD MILLION)
TABLE 195 NORTH AMERICA: LARGE LANGUAGE MODEL MARKET, BY MODEL SIZE, 2024–2030 (USD MILLION)
TABLE 196 NORTH AMERICA: LARGE LANGUAGE MODEL MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 197 NORTH AMERICA: LARGE LANGUAGE MODEL MARKET, BY APPLICATION, 2024–2030 (USD MILLION)
TABLE 198 NORTH AMERICA: LARGE LANGUAGE MODEL MARKET, BY END USER, 2020–2023 (USD MILLION)
TABLE 199 NORTH AMERICA: LARGE LANGUAGE MODEL MARKET, BY END USER, 2024–2030 (USD MILLION)
TABLE 200 NORTH AMERICA: LARGE LANGUAGE MODEL MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 201 NORTH AMERICA: LARGE LANGUAGE MODEL MARKET, BY COUNTRY, 2024–2030 (USD MILLION)
12.2.3 US
12.2.3.1 Supportive regulatory environment and robust technological infrastructure
TABLE 202 US: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 203 US: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2024–2030 (USD MILLION)
12.2.4 CANADA
12.2.4.1 Leveraging AI-driven LLM technologies to address societal challenges and drive innovation across industries
TABLE 204 CANADA: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 205 CANADA: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2024–2030 (USD MILLION)
12.3 EUROPE
12.3.1 EUROPE: LARGE LANGUAGE MODEL MARKET DRIVERS
12.3.2 EUROPE: RECESSION IMPACT
TABLE 206 EUROPE: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 207 EUROPE: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2024–2030 (USD MILLION)
TABLE 208 EUROPE: LARGE LANGUAGE MODEL SOFTWARE MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 209 EUROPE: LARGE LANGUAGE MODEL SOFTWARE MARKET, BY TYPE, 2024–2030 (USD MILLION)
TABLE 210 EUROPE: LARGE LANGUAGE MODEL SOFTWARE MARKET, BY SOURCE CODE, 2020–2023 (USD MILLION)
TABLE 211 EUROPE: LARGE LANGUAGE MODEL SOFTWARE MARKET, BY SOURCE CODE, 2024–2030 (USD MILLION)
TABLE 212 EUROPE: LARGE LANGUAGE MODEL SOFTWARE MARKET, BY DEPLOYMENT MODE, 2020–2023 (USD MILLION)
TABLE 213 EUROPE: LARGE LANGUAGE MODEL SOFTWARE MARKET, BY DEPLOYMENT MODE, 2024–2030 (USD MILLION)
TABLE 214 EUROPE: LARGE LANGUAGE MODEL MARKET, BY SERVICE, 2020–2023 (USD MILLION)
TABLE 215 EUROPE: LARGE LANGUAGE MODEL MARKET, BY SERVICE, 2024–2030 (USD MILLION)
TABLE 216 EUROPE: LARGE LANGUAGE MODEL MARKET, BY ARCHITECTURE, 2020–2023 (USD MILLION)
TABLE 217 EUROPE: LARGE LANGUAGE MODEL MARKET, BY ARCHITECTURE, 2024–2030 (USD MILLION)
TABLE 218 EUROPE: LARGE LANGUAGE MODEL MARKET, BY MODALITY, 2020–2023 (USD MILLION)
TABLE 219 EUROPE: LARGE LANGUAGE MODEL MARKET, BY MODALITY, 2024–2030 (USD MILLION)
TABLE 220 EUROPE: LARGE LANGUAGE MODEL MARKET, BY MODEL SIZE, 2020–2023 (USD MILLION)
TABLE 221 EUROPE: LARGE LANGUAGE MODEL MARKET, BY MODEL SIZE, 2024–2030 (USD MILLION)
TABLE 222 EUROPE: LARGE LANGUAGE MODEL MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 223 EUROPE: LARGE LANGUAGE MODEL MARKET, BY APPLICATION, 2024–2030 (USD MILLION)
TABLE 224 EUROPE: LARGE LANGUAGE MODEL MARKET, BY END USER, 2020–2023 (USD MILLION)
TABLE 225 EUROPE: LARGE LANGUAGE MODEL MARKET, BY END USER, 2024–2030 (USD MILLION)
TABLE 226 EUROPE: LARGE LANGUAGE MODEL MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 227 EUROPE: LARGE LANGUAGE MODEL MARKET, BY COUNTRY, 2024–2030 (USD MILLION)
12.3.3 UK
12.3.3.1 Government support for AI development through initiatives such as AI Sector Deal, boosting investment in AI research
TABLE 228 UK: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 229 UK: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2024–2030 (USD MILLION)
12.3.4 GERMANY
12.3.4.1 Increasing interest in developing AI solutions tailored to German language and specific regional dialects
TABLE 230 GERMANY: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 231 GERMANY: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2024–2030 (USD MILLION)
12.3.5 FRANCE
12.3.5.1 Country’s combination of technological innovation, government initiatives, and thriving AI ecosystem
TABLE 232 FRANCE: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 233 FRANCE: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2024–2030 (USD MILLION)
12.3.6 REST OF EUROPE
TABLE 234 REST OF EUROPE: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 235 REST OF EUROPE: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2024–2030 (USD MILLION)
12.4 ASIA PACIFIC
12.4.1 ASIA PACIFIC: LARGE LANGUAGE MODEL MARKET DRIVERS
12.4.2 ASIA PACIFIC: RECESSION IMPACT
FIGURE 82 ASIA PACIFIC: LARGE LANGUAGE MODEL MARKET SNAPSHOT
TABLE 236 ASIA PACIFIC: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 237 ASIA PACIFIC: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2024–2030 (USD MILLION)
TABLE 238 ASIA PACIFIC: LARGE LANGUAGE MODEL SOFTWARE MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 239 ASIA PACIFIC: LARGE LANGUAGE MODEL SOFTWARE MARKET, BY TYPE, 2024–2030 (USD MILLION)
TABLE 240 ASIA PACIFIC: LARGE LANGUAGE MODEL SOFTWARE MARKET, BY SOURCE CODE, 2020–2023 (USD MILLION)
TABLE 241 ASIA PACIFIC: LARGE LANGUAGE MODEL SOFTWARE MARKET, BY SOURCE CODE, 2024–2030 (USD MILLION)
TABLE 242 ASIA PACIFIC: LARGE LANGUAGE MODEL SOFTWARE MARKET, BY DEPLOYMENT MODE, 2020–2023 (USD MILLION)
TABLE 243 ASIA PACIFIC: LARGE LANGUAGE MODEL SOFTWARE MARKET, BY DEPLOYMENT MODE, 2024–2030 (USD MILLION)
TABLE 244 ASIA PACIFIC: LARGE LANGUAGE MODEL MARKET, BY SERVICE, 2020–2023 (USD MILLION)
TABLE 245 ASIA PACIFIC: LARGE LANGUAGE MODEL MARKET, BY SERVICE, 2024–2030 (USD MILLION)
TABLE 246 ASIA PACIFIC: LARGE LANGUAGE MODEL MARKET, BY ARCHITECTURE, 2020–2023 (USD MILLION)
TABLE 247 ASIA PACIFIC: LARGE LANGUAGE MODEL MARKET, BY ARCHITECTURE, 2024–2030 (USD MILLION)
TABLE 248 ASIA PACIFIC: LARGE LANGUAGE MODEL MARKET, BY MODALITY, 2020–2023 (USD MILLION)
TABLE 249 ASIA PACIFIC: LARGE LANGUAGE MODEL MARKET, BY MODALITY, 2024–2030 (USD MILLION)
TABLE 250 ASIA PACIFIC: LARGE LANGUAGE MODEL MARKET, BY MODEL SIZE, 2020–2023 (USD MILLION)
TABLE 251 ASIA PACIFIC: LARGE LANGUAGE MODEL MARKET, BY MODEL SIZE, 2024–2030 (USD MILLION)
TABLE 252 ASIA PACIFIC: LARGE LANGUAGE MODEL MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 253 ASIA PACIFIC: LARGE LANGUAGE MODEL MARKET, BY APPLICATION, 2024–2030 (USD MILLION)
TABLE 254 ASIA PACIFIC: LARGE LANGUAGE MODEL MARKET, BY END USER, 2020–2023 (USD MILLION)
TABLE 255 ASIA PACIFIC: LARGE LANGUAGE MODEL MARKET, BY END USER, 2024–2030 (USD MILLION)
TABLE 256 ASIA PACIFIC: LARGE LANGUAGE MODEL MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 257 ASIA PACIFIC: LARGE LANGUAGE MODEL MARKET, BY COUNTRY, 2024–2030 (USD MILLION)
12.4.3 CHINA
12.4.3.1 Integration of LLMs into various industries in China
TABLE 258 CHINA: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 259 CHINA: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2024–2030 (USD MILLION)
12.4.4 INDIA
12.4.4.1 Emerging tech industry and huge digital population
TABLE 260 INDIA: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 261 INDIA: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2024–2030 (USD MILLION)
12.4.5 JAPAN
12.4.5.1 Rich cultural heritage and technologically advanced society
TABLE 262 JAPAN: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 263 JAPAN: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2024–2030 (USD MILLION)
12.4.6 SOUTH KOREA
12.4.6.1 Homegrown startup achievements on Open LLM Leaderboard indicating growing presence of Korean companies in global AI landscape
TABLE 264 SOUTH KOREA: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 265 SOUTH KOREA: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2024–2030 (USD MILLION)
12.4.7 REST OF ASIA PACIFIC
TABLE 266 REST OF ASIA PACIFIC: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 267 REST OF ASIA PACIFIC: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2024–2030 (USD MILLION)
12.5 MIDDLE EAST & AFRICA
12.5.1 MIDDLE EAST & AFRICA: LARGE LANGUAGE MODEL MARKET DRIVERS
12.5.2 MIDDLE EAST & AFRICA: RECESSION IMPACT
TABLE 268 MIDDLE EAST & AFRICA: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 269 MIDDLE EAST & AFRICA: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2024–2030 (USD MILLION)
TABLE 270 MIDDLE EAST & AFRICA: LARGE LANGUAGE MODEL SOFTWARE MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 271 MIDDLE EAST & AFRICA: LARGE LANGUAGE MODEL SOFTWARE MARKET, BY TYPE, 2024–2030 (USD MILLION)
TABLE 272 MIDDLE EAST & AFRICA: LARGE LANGUAGE MODEL SOFTWARE MARKET, BY SOURCE CODE, 2020–2023 (USD MILLION)
TABLE 273 MIDDLE EAST & AFRICA: LARGE LANGUAGE MODEL SOFTWARE MARKET, BY SOURCE CODE, 2024–2030 (USD MILLION)
TABLE 274 MIDDLE EAST & AFRICA: LARGE LANGUAGE MODEL SOFTWARE MARKET, BY DEPLOYMENT MODE, 2020–2023 (USD MILLION)
TABLE 275 MIDDLE EAST & AFRICA: LARGE LANGUAGE MODEL SOFTWARE MARKET, BY DEPLOYMENT MODE, 2024–2030 (USD MILLION)
TABLE 276 MIDDLE EAST & AFRICA: LARGE LANGUAGE MODEL MARKET, BY SERVICE, 2020–2023 (USD MILLION)
TABLE 277 MIDDLE EAST & AFRICA: LARGE LANGUAGE MODEL MARKET, BY SERVICE, 2024–2030 (USD MILLION)
TABLE 278 MIDDLE EAST & AFRICA: LARGE LANGUAGE MODEL MARKET, BY ARCHITECTURE, 2020–2023 (USD MILLION)
TABLE 279 MIDDLE EAST & AFRICA: LARGE LANGUAGE MODEL MARKET, BY ARCHITECTURE, 2024–2030 (USD MILLION)
TABLE 280 MIDDLE EAST & AFRICA: LARGE LANGUAGE MODEL MARKET, BY MODALITY, 2020–2023 (USD MILLION)
TABLE 281 MIDDLE EAST & AFRICA: LARGE LANGUAGE MODEL MARKET, BY MODALITY, 2024–2030 (USD MILLION)
TABLE 282 MIDDLE EAST & AFRICA: LARGE LANGUAGE MODEL MARKET, BY MODEL SIZE, 2020–2023 (USD MILLION)
TABLE 283 MIDDLE EAST & AFRICA: LARGE LANGUAGE MODEL MARKET, BY MODEL SIZE, 2024–2030 (USD MILLION)
TABLE 284 MIDDLE EAST & AFRICA: LARGE LANGUAGE MODEL MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 285 MIDDLE EAST & AFRICA: LARGE LANGUAGE MODEL MARKET, BY APPLICATION, 2024–2030 (USD MILLION)
TABLE 286 MIDDLE EAST & AFRICA: LARGE LANGUAGE MODEL MARKET, BY END USER, 2020–2023 (USD MILLION)
TABLE 287 MIDDLE EAST & AFRICA: LARGE LANGUAGE MODEL MARKET, BY END USER, 2024–2030 (USD MILLION)
TABLE 288 MIDDLE EAST & AFRICA: LARGE LANGUAGE MODEL MARKET, BY COUNTRY/REGION, 2020–2023 (USD MILLION)
TABLE 289 MIDDLE EAST & AFRICA: LARGE LANGUAGE MODEL MARKET, BY COUNTRY/REGION, 2024–2030 (USD MILLION)
12.5.3 GCC
12.5.3.1 Significant investments in AI technologies and adoption of Arabic-specific language models
TABLE 290 GCC: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 291 GCC: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2024–2030 (USD MILLION)
12.5.4 SOUTH AFRICA
12.5.4.1 Strategic geographical location of South Africa and status as regional economic hub
TABLE 292 SOUTH AFRICA: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 293 SOUTH AFRICA: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2024–2030 (USD MILLION)
12.5.5 TURKEY
12.5.5.1 Growth of Turkish economy led to greater demand for large language model services
TABLE 294 TURKEY: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 295 TURKEY: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2024–2030 (USD MILLION)
12.5.6 REST OF MIDDLE EAST & AFRICA
TABLE 296 REST OF MIDDLE EAST & AFRICA: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 297 REST OF MIDDLE EAST & AFRICA: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2024–2030 (USD MILLION)
12.6 LATIN AMERICA
12.6.1 LATIN AMERICA: LARGE LANGUAGE MODEL MARKET DRIVERS
12.6.2 LATIN AMERICA: RECESSION IMPACT
TABLE 298 LATIN AMERICA: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 299 LATIN AMERICA: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2024–2030 (USD MILLION)
TABLE 300 LATIN AMERICA: LARGE LANGUAGE MODEL SOFTWARE MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 301 LATIN AMERICA: LARGE LANGUAGE MODEL SOFTWARE MARKET, BY TYPE, 2024–2030 (USD MILLION)
TABLE 302 LATIN AMERICA: LARGE LANGUAGE MODEL SOFTWARE MARKET, BY SOURCE CODE, 2020–2023 (USD MILLION)
TABLE 303 LATIN AMERICA: LARGE LANGUAGE MODEL SOFTWARE MARKET, BY SOURCE CODE, 2024–2030 (USD MILLION)
TABLE 304 LATIN AMERICA: LARGE LANGUAGE MODEL SOFTWARE MARKET, BY DEPLOYMENT MODE, 2020–2023 (USD MILLION)
TABLE 305 LATIN AMERICA: LARGE LANGUAGE MODEL SOFTWARE MARKET, BY DEPLOYMENT MODE, 2024–2030 (USD MILLION)
TABLE 306 LATIN AMERICA: LARGE LANGUAGE MODEL MARKET, BY SERVICE, 2020–2023 (USD MILLION)
TABLE 307 LATIN AMERICA: LARGE LANGUAGE MODEL MARKET, BY SERVICE, 2024–2030 (USD MILLION)
TABLE 308 LATIN AMERICA: LARGE LANGUAGE MODEL MARKET, BY ARCHITECTURE, 2020–2023 (USD MILLION)
TABLE 309 LATIN AMERICA: LARGE LANGUAGE MODEL MARKET, BY ARCHITECTURE, 2024–2030 (USD MILLION)
TABLE 310 LATIN AMERICA: LARGE LANGUAGE MODEL MARKET, BY MODALITY, 2020–2023 (USD MILLION)
TABLE 311 LATIN AMERICA: LARGE LANGUAGE MODEL MARKET, BY MODALITY, 2024–2030 (USD MILLION)
TABLE 312 LATIN AMERICA: LARGE LANGUAGE MODEL MARKET, BY MODEL SIZE, 2020–2023 (USD MILLION)
TABLE 313 LATIN AMERICA: LARGE LANGUAGE MODEL MARKET, BY MODEL SIZE, 2024–2030 (USD MILLION)
TABLE 314 LATIN AMERICA: LARGE LANGUAGE MODEL MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 315 LATIN AMERICA: LARGE LANGUAGE MODEL MARKET, BY APPLICATION, 2024–2030 (USD MILLION)
TABLE 316 LATIN AMERICA: LARGE LANGUAGE MODEL MARKET, BY END USER, 2020–2023 (USD MILLION)
TABLE 317 LATIN AMERICA: LARGE LANGUAGE MODEL MARKET, BY END USER, 2024–2030 (USD MILLION)
TABLE 318 LATIN AMERICA: LARGE LANGUAGE MODEL MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 319 LATIN AMERICA: LARGE LANGUAGE MODEL MARKET, BY COUNTRY, 2024–2030 (USD MILLION)
12.6.3 BRAZIL
12.6.3.1 Economy driven by industries such as agriculture, manufacturing, and services to fuel need for advanced language technologies
TABLE 320 BRAZIL: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 321 BRAZIL: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2024–2030 (USD MILLION)
12.6.4 MEXICO
12.6.4.1 Government and digital transformation initiatives to fuel adoption of advanced AI technologies
TABLE 322 MEXICO: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 323 MEXICO: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2024–2030 (USD MILLION)
12.6.5 REST OF LATIN AMERICA
TABLE 324 REST OF LATIN AMERICA: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 325 REST OF LATIN AMERICA: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2024–2030 (USD MILLION)
13 COMPETITIVE LANDSCAPE
13.1 OVERVIEW
13.2 KEY PLAYER STRATEGIES
TABLE 326 OVERVIEW OF STRATEGIES ADOPTED BY KEY LARGE LANGUAGE MODEL VENDORS
13.3 REVENUE ANALYSIS
FIGURE 83 TOP 5 PUBLIC PLAYERS DOMINATED MARKET IN LAST 4 YEARS
13.4 MARKET SHARE ANALYSIS
FIGURE 84 SHARE OF LEADING COMPANIES IN LARGE LANGUAGE MODEL MARKET, 2023
13.4.1 MARKET RANKING ANALYSIS
TABLE 327 LARGE LANGUAGE MODEL MARKET: DEGREE OF COMPETITION
13.5 PRODUCT COMPARATIVE ANALYSIS
13.5.1 PRODUCT COMPARATIVE ANALYSIS, BY GENERAL-PURPOSE LLM
FIGURE 85 PRODUCT COMPARATIVE ANALYSIS, BY GENERAL-PURPOSE LLM
13.5.1.1 GPT-4 by OpenAI
13.5.1.2 Llama 2 by Meta
13.5.1.3 Claude 3 By Anthropic
13.5.1.4 Amazon Titan by Amazon
13.5.1.5 Gemini by Google
13.5.2 PRODUCT COMPARATIVE ANALYSIS, BY DOMAIN-SPECIFIC LLM
FIGURE 86 PRODUCT COMPARATIVE ANALYSIS, BY DOMAIN-SPECIFIC LLM
13.5.2.1 Med-PaLM by Google
13.5.2.2 Amazon CodeWhisperer by Amazon
13.5.2.3 BloombergGPT by Bloomberg
13.5.2.4 FinGPT
13.5.2.5 BioBERTpt
13.5.3 PRODUCT COMPARATIVE ANALYSIS, BY OPEN-SOURCE LLM
FIGURE 87 PRODUCT COMPARATIVE ANALYSIS, BY OPEN-SOURCE LLM (1/2)
FIGURE 88 PRODUCT COMPARATIVE ANALYSIS, BY OPEN-SOURCE LLM (2/2)
13.5.3.1 Neural Chat 7B by Intel
13.5.3.2 Falcon by Technology Innovation Institute
13.5.3.3 Bloom by BigScience
13.5.3.4 Xgen 7B 4K Base by Salesforce
13.5.3.5 Neox GPT by EleutherAI
13.5.3.6 Abacus Giraffe by Abacus AI
13.5.3.7 Baichuan 13B by Baichuan Intelligence
13.5.3.8 Open Llama by OpenLM
13.5.3.9 Vicuna-33B by Lmsys
13.5.3.10 Dolly 2.0 by Databricks
13.6 COMPANY VALUATION AND FINANCIAL METRICS OF KEY VENDORS
FIGURE 89 COMPANY VALUATION AND FINANCIAL METRICS OF KEY VENDORS
FIGURE 90 YEAR-TO-DATE (YTD) PRICE TOTAL RETURN AND 5-YEAR STOCK BETA OF KEY VENDORS
13.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
13.7.1 STARS
13.7.2 EMERGING LEADERS
13.7.3 PERVASIVE PLAYERS
13.7.4 PARTICIPANTS
FIGURE 91 LARGE LANGUAGE MODEL MARKET: COMPANY EVALUATION MATRIX, 2023
13.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
13.7.5.1 Company Footprint
FIGURE 92 COMPANY FOOTPRINT (18 COMPANIES)
13.7.5.2 Region Footprint
TABLE 328 REGION FOOTPRINT (18 COMPANIES)
13.7.5.3 Application Footprint
TABLE 329 APPLICATION FOOTPRINT (18 COMPANIES)
13.7.5.4 End-user Footprint
TABLE 330 END-USER FOOTPRINT (18 COMPANIES)
13.7.5.5 Modality Footprint
TABLE 331 MODALITY FOOTPRINT (18 COMPANIES)
13.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
13.8.1 PROGRESSIVE COMPANIES
13.8.2 RESPONSIVE COMPANIES
13.8.3 DYNAMIC COMPANIES
13.8.4 STARTING BLOCKS
FIGURE 93 LARGE LANGUAGE MODEL MARKET: STARTUP/SME EVALUATION MATRIX, 2023
13.8.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023
13.8.5.1 Detailed List of Key Startups/SMEs
TABLE 332 LARGE LANGUAGE MODEL MARKET: DETAILED LIST OF KEY STARTUPS/SMES
13.8.5.2 Competitive Benchmarking of Key Startups/SMEs
TABLE 333 LARGE LANGUAGE MODEL MARKET: COMPETITIVE BENCHMARKING OF STARTUPS/SMES
13.9 COMPETITIVE SCENARIO AND TRENDS
13.9.1 PRODUCT LAUNCHES AND ENHANCEMENTS
TABLE 334 LARGE LANGUAGE MODEL MARKET: PRODUCT LAUNCHES AND ENHANCEMENTS, FEBRUARY 2021–FEBRUARY 2024
13.9.2 DEALS
TABLE 335 LARGE LANGUAGE MODEL MARKET: DEALS, FEBRUARY 2021–FEBRUARY 2024
14 COMPANY PROFILES
14.1 INTRODUCTION
14.2 KEY PLAYERS
(Business overview, Products/Solutions/Services offered, Recent developments, MnM view, Key Strengths, Strategic choices made, and Weaknesses and Competitive threats)*
14.2.1 GOOGLE
TABLE 336 GOOGLE: BUSINESS OVERVIEW
FIGURE 94 GOOGLE: COMPANY SNAPSHOT
TABLE 337 GOOGLE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 338 GOOGLE: PRODUCT LAUNCHES AND ENHANCEMENTS
TABLE 339 GOOGLE: DEALS
14.2.2 OPENAI
TABLE 340 OPENAI: BUSINESS OVERVIEW
TABLE 341 OPENAI: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 342 OPENAI: PRODUCT LAUNCHES AND ENHANCEMENTS
TABLE 343 OPENAI: DEALS
14.2.3 MICROSOFT
TABLE 344 MICROSOFT: BUSINESS OVERVIEW
FIGURE 95 MICROSOFT: COMPANY SNAPSHOT
TABLE 345 MICROSOFT: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 346 MICROSOFT: PRODUCT LAUNCHES AND ENHANCEMENTS
TABLE 347 MICROSOFT: DEALS
14.2.4 ANTHROPIC
TABLE 348 ANTHROPIC: BUSINESS OVERVIEW
TABLE 349 ANTHROPIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 350 ANTHROPIC: PRODUCT LAUNCHES AND ENHANCEMENTS
TABLE 351 ANTHROPIC: DEALS
14.2.5 META
TABLE 352 META: BUSINESS OVERVIEW
FIGURE 96 META: COMPANY SNAPSHOT
TABLE 353 META: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 354 META: PRODUCT LAUNCHES AND ENHANCEMENTS
TABLE 355 META: DEALS
14.2.6 NVIDIA
TABLE 356 NVIDIA: BUSINESS OVERVIEW
FIGURE 97 NVIDIA: COMPANY SNAPSHOT
TABLE 357 NVIDIA: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 358 NVIDIA: PRODUCT LAUNCHES AND ENHANCEMENTS
TABLE 359 NVIDIA: DEALS
14.2.7 IBM
TABLE 360 IBM: BUSINESS OVERVIEW
FIGURE 98 IBM: COMPANY SNAPSHOT
TABLE 361 IBM: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 362 IBM: PRODUCT LAUNCHES AND ENHANCEMENTS
TABLE 363 IBM: DEALS
14.2.8 HPE
TABLE 364 HPE: BUSINESS OVERVIEW
FIGURE 99 HPE: COMPANY SNAPSHOT
TABLE 365 HPE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 366 HPE: PRODUCT LAUNCHES AND ENHANCEMENTS
TABLE 367 HPE: DEALS
14.2.9 ORACLE
TABLE 368 ORACLE: BUSINESS OVERVIEW
FIGURE 100 ORACLE: COMPANY SNAPSHOT
TABLE 369 ORACLE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 370 ORACLE: PRODUCT LAUNCHES AND ENHANCEMENTS
TABLE 371 ORACLE: DEALS
14.2.10 AWS
TABLE 372 AWS: BUSINESS OVERVIEW
FIGURE 101 AWS: COMPANY SNAPSHOT
TABLE 373 AWS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 374 AWS: PRODUCT LAUNCHES AND ENHANCEMENTS
TABLE 375 AWS: DEALS
14.2.11 TENCENT
14.2.12 YANDEX
14.2.13 NAVER
14.2.14 AI21 LABS
14.2.15 HUGGING FACE
14.2.16 BAIDU
14.2.17 SENSETIME
14.2.18 HUAWEI
14.3 STARTUP/SME PROFILES
14.3.1 FEDML
14.3.2 DYNAMOFL
14.3.3 TOGETHER AI
14.3.4 UPSTAGE
14.3.5 MISTRAL AI
14.3.6 ADEPT
14.3.7 NEURALFINITY
14.3.8 MOSAIC ML
14.3.9 STABILITY AI
14.3.10 LIGHTON
14.3.11 COHERE
14.3.12 TURING
14.3.13 LIGHTNING AI
14.3.14 WHYLABS
*Details on Business overview, Products/Solutions/Services offered, Recent developments, MnM view, Key Strengths, Strategic choices made, and Weaknesses and Competitive threats might not be captured in case of unlisted companies.
15 ADJACENT AND RELATED MARKETS
15.1 INTRODUCTION
15.2 ARTIFICIAL INTELLIGENCE MARKET - GLOBAL FORECAST TO 2030
15.2.1 MARKET DEFINITION
15.2.2 MARKET OVERVIEW
15.2.2.1 Artificial intelligence market, by offering
TABLE 376 ARTIFICIAL INTELLIGENCE MARKET, BY OFFERING, 2017–2022 (USD MILLION)
TABLE 377 ARTIFICIAL INTELLIGENCE MARKET, BY OFFERING, 2023–2030 (USD MILLION)
15.2.2.2 Artificial intelligence market, by technology
TABLE 378 ARTIFICIAL INTELLIGENCE MARKET, BY TECHNOLOGY, 2017–2022 (USD MILLION)
TABLE 379 ARTIFICIAL INTELLIGENCE MARKET, BY TECHNOLOGY, 2023–2030 (USD MILLION)
15.2.2.3 Artificial intelligence market, by business function
TABLE 380 ARTIFICIAL INTELLIGENCE MARKET, BY BUSINESS FUNCTION, 2017–2022 (USD MILLION)
TABLE 381 ARTIFICIAL INTELLIGENCE MARKET, BY BUSINESS FUNCTION, 2023–2030 (USD MILLION)
15.2.2.4 Artificial intelligence market, by vertical
TABLE 382 ARTIFICIAL INTELLIGENCE MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
TABLE 383 ARTIFICIAL INTELLIGENCE MARKET, BY VERTICAL, 2023–2030 (USD MILLION)
15.2.2.5 Artificial intelligence market, by region
TABLE 384 ARTIFICIAL INTELLIGENCE MARKET, BY REGION, 2017–2022 (USD MILLION)
TABLE 385 ARTIFICIAL INTELLIGENCE MARKET, BY REGION, 2023–2030 (USD MILLION)
15.3 GENERATIVE AI MARKET - GLOBAL FORECAST TO 2030
15.3.1 MARKET DEFINITION
15.3.2 MARKET OVERVIEW
15.3.2.1 Generative AI market, by offering
TABLE 386 GENERATIVE AI MARKET, BY OFFERING, 2019–2022 (USD MILLION)
TABLE 387 GENERATIVE AI MARKET, BY OFFERING, 2023–2030 (USD MILLION)
15.3.2.2 Generative AI market, by application
TABLE 388 GENERATIVE AI APPLICATION MARKET, BY BUSINESS FUNCTION, 2019–2022 (USD MILLION)
TABLE 389 GENERATIVE AI APPLICATION MARKET, BY BUSINESS FUNCTION, 2023–2030 (USD MILLION)
TABLE 390 GENERATIVE AI APPLICATION MARKET, BY DATA MODALITY, 2019–2022 (USD MILLION)
TABLE 391 GENERATIVE AI APPLICATION MARKET, BY DATA MODALITY, 2023–2030 (USD MILLION)
15.3.2.3 Generative AI market, by region
TABLE 392 GENERATIVE AI MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 393 GENERATIVE AI MARKET, BY REGION, 2023–2030 (USD MILLION)
16 APPENDIX
16.1 DISCUSSION GUIDE
16.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
16.3 CUSTOMIZATION OPTIONS
16.4 RELATED REPORTS
16.5 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 MARKET SCOPE
1.3.1 MARKET SEGMENTATION
1.3.2 REGIONS COVERED
1.3.3 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
TABLE 1 UNITED STATES DOLLAR EXCHANGE RATE, 2020–2023
1.5 STAKEHOLDERS
1.5.1 IMPACT OF RECESSION
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 1 LARGE LANGUAGE MODEL MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.2 PRIMARY DATA
TABLE 2 PRIMARY INTERVIEWS
2.1.2.1 Breakup of primary profiles
FIGURE 2 BREAKUP OF PRIMARY PROFILES, BY COMPANY TYPE, DESIGNATION, AND REGION
2.1.2.2 Key industry insights
FIGURE 3 KEY INSIGHTS FROM EXPERTS
2.2 MARKET SIZE ESTIMATION
FIGURE 4 LARGE LANGUAGE MODEL MARKET: TOP-DOWN AND BOTTOM-UP APPROACHES
2.2.1 TOP-DOWN APPROACH
2.2.2 BOTTOM-UP APPROACH
FIGURE 5 APPROACH 1 (BOTTOM-UP, SUPPLY-SIDE): REVENUE FROM VENDORS OF SOLUTIONS/SERVICES OF LARGE LANGUAGE MODELS
FIGURE 6 APPROACH 2 (BOTTOM-UP, SUPPLY-SIDE): COLLECTIVE REVENUE FROM ALL SOLUTIONS/SERVICES OF LARGE LANGUAGE MODELS
FIGURE 7 APPROACH 3 (BOTTOM-UP, SUPPLY-SIDE): MARKET ESTIMATION FROM ALL SOLUTIONS/SERVICES AND CORRESPONDING SOURCES
FIGURE 8 APPROACH 4 (BOTTOM-UP, DEMAND-SIDE): SHARE OF LARGE LANGUAGE MODELS THROUGH OVERALL ARTIFICIAL INTELLIGENCE SPENDING
2.3 DATA TRIANGULATION
FIGURE 9 DATA TRIANGULATION
2.4 MARKET FORECAST
TABLE 3 FACTOR ANALYSIS
2.5 RESEARCH ASSUMPTIONS
TABLE 4 RESEARCH ASSUMPTIONS
2.6 STUDY LIMITATIONS
FIGURE 10 STUDY LIMITATIONS
2.7 IMPLICATIONS OF RECESSION ON LARGE LANGUAGE MODEL MARKET
TABLE 5 IMPACT OF RECESSION ON GLOBAL LARGE LANGUAGE MODEL MARKET
3 EXECUTIVE SUMMARY
TABLE 6 GLOBAL LARGE LANGUAGE MODEL MARKET SIZE AND GROWTH RATE, 2020–2023 (USD MILLION, Y-O-Y %)
TABLE 7 GLOBAL LARGE LANGUAGE MODEL MARKET SIZE AND GROWTH RATE, 2024–2030 (USD MILLION, Y-O-Y %)
FIGURE 11 SOFTWARE SEGMENT TO HOLD LARGER MARKET SIZE IN 2024
FIGURE 12 GENERAL-PURPOSE LLMS TO BE DOMINANT SEGMENT, BY SOFTWARE TYPE, DURING FORECAST PERIOD
FIGURE 13 CLOSED-SOURCE LLMS SEGMENT, BY SOFTWARE SOURCE CODE, TO DOMINATE MARKET IN 2024
FIGURE 14 CLOUD TO BE FASTER-GROWING DEPLOYMENT MODE DURING FORECAST PERIOD
FIGURE 15 LLM DEVELOPMENT SEGMENT, BY SERVICE, TO HOLD LARGEST MARKET SHARE IN 2024
FIGURE 16 AUTOENCODING LLMS ARCHITECTURE SEGMENT SET TO REGISTER FASTEST GROWTH RATE BETWEEN 2024 AND 2030
FIGURE 17 TEXT SEGMENT, BY MODALITY, SET TO WITNESS LARGEST MARKET SHARE IN 2024
FIGURE 18 1 BILLION TO 10 BILLION PARAMETERS SEGMENT, BY MODEL SIZE, SET TO WITNESS LARGEST MARKET SHARE IN 2024
FIGURE 19 LANGUAGE TRANSLATION & LOCALIZATION SEGMENT TO BECOME FASTEST-GROWING APPLICATION DURING FORECAST PERIOD
FIGURE 20 HEALTHCARE & LIFE SCIENCES TO WITNESS HIGHEST GROWTH RATE DURING FORECAST PERIOD
FIGURE 21 ASIA PACIFIC TO REGISTER HIGHEST GROWTH RATE BETWEEN 2024 AND 2030
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR COMPANIES IN LARGE LANGUAGE MODEL MARKET
FIGURE 22 INCREASING DEMAND FOR SOPHISTICATED NLP APPLICATIONS ACROSS DIVERSE INDUSTRIES TO BE PIVOTAL GROWTH DRIVER
4.2 LARGE LANGUAGE MODEL MARKET: TOP THREE APPLICATIONS
FIGURE 23 INFORMATION RETRIEVAL APPLICATION SEGMENT TO ACCOUNT FOR HIGHEST GROWTH RATE DURING FORECAST PERIOD
4.3 NORTH AMERICA: LARGE LANGUAGE MODEL MARKET, BY OFFERING AND END USER
FIGURE 24 SOFTWARE AND MEDIA & ENTERTAINMENT TO BE LARGEST SHAREHOLDERS IN NORTH AMERICA IN 2024
4.4 LARGE LANGUAGE MODEL MARKET, BY REGION
FIGURE 25 NORTH AMERICA TO HOLD LARGEST MARKET SHARE IN 2024
5 MARKET OVERVIEW AND INDUSTRY TRENDS
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 26 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES: LARGE LANGUAGE MODEL MARKET
5.2.1 DRIVERS
5.2.1.1 Growth in availability of large datasets
FIGURE 27 VOLUME OF DATA GENERATED AND CONSUMED WORLDWIDE, 2010–2023 (ZETTABYTE)
5.2.1.2 Advancements in deep learning algorithms
FIGURE 28 LLM PERFORMANCE TO SCALE RAPIDLY WITH SPIKE IN MODEL SIZE, 2018–2023 (BILLION PARAMETERS)
5.2.1.3 Need for enhanced human-machine communication
FIGURE 29 USERS BECOMING INCREASINGLY ADAPTED TO CHATBOT CONVERSATIONS, 2021 VS. 2022
5.2.1.4 Rise in demand for automated content creation and curation
FIGURE 30 LARGE LANGUAGE MODEL USE CASES ACROSS ENTERPRISE SIZE, 2022
5.2.2 RESTRAINTS
5.2.2.1 High cost of model training & inference optimization
FIGURE 31 TRAINING COSTS PER MILLION PARAMETERS FOR VARIOUS GPT-3-BASED LARGE LANGUAGE MODELS
5.2.2.2 Data biases and quality concerns
5.2.2.3 Lack of transparency in explainability and interpretability
5.2.3 OPPORTUNITIES
5.2.3.1 Enhanced language translation and localization with use of LLMs
5.2.3.2 Emotion recognition and sentiment analysis using LLMs
FIGURE 32 SCORES OF SOME PROMINENT LLMS IN HUMAN COGNITIVE SKILLS, 2022
5.2.3.3 Pressing demand for LLMs in knowledge discovery and management
5.2.4 CHALLENGES
5.2.4.1 High inference latency
5.2.4.2 Computational inefficiency due to large memory requirements
FIGURE 33 COMPUTE REQUIREMENTS OF SOME PROMINENT LLMS (TERAFLOP)
5.2.4.3 Maintaining model performance and integrity
FIGURE 34 MODEL DRIFT IN GPT-4 WITHIN 3 MONTHS (MARCH 2023 VS. JUNE 2023)
5.3 EVOLUTION OF LARGE LANGUAGE MODEL MARKET
FIGURE 35 EVOLUTION OF LARGE LANGUAGE MODEL MARKET
5.4 LARGE LANGUAGE MODELS: SOFTWARE LAYERS
5.4.1 EMBEDDING LAYER
5.4.2 FEEDFORWARD LAYER
5.4.3 RECURRENT LAYER
5.4.4 ATTENTION LAYER
5.5 VALUE CHAIN ANALYSIS
FIGURE 36 LARGE LANGUAGE MODEL MARKET: VALUE CHAIN ANALYSIS
TABLE 8 LARGE LANGUAGE MODEL MARKET: VALUE CHAIN ANALYSIS
5.6 ECOSYSTEM ANALYSIS/MARKET MAP
TABLE 9 LARGE LANGUAGE MODEL MARKET: ECOSYSTEM
FIGURE 37 LARGE LANGUAGE MODEL MARKET MAP: KEY PLAYERS
5.6.1 LARGE LANGUAGE MODEL SOFTWARE PROVIDERS
5.6.1.1 LLM API Providers
5.6.1.2 Vector Database Providers
5.6.1.3 LLM Framework Providers
5.6.1.4 Text-to-Speech Providers
5.6.1.5 LLM Monitoring Tools Providers
5.6.2 LARGE LANGUAGE MODEL SERVICE PROVIDERS
5.6.2.1 Compute Platform Providers
5.6.2.2 Model Hubs
5.6.2.3 Fine Tuning/Custom Model Training Frameworks
5.6.2.4 Monitoring/Observability Platform Providers
5.6.2.5 Hosting Service Providers
5.6.3 END USERS
5.6.4 GOVERNMENT & REGULATORY BODIES
5.7 INVESTMENT LANDSCAPE AND FUNDING SCENARIO
FIGURE 38 LEADING LLM DEVELOPERS BY FUNDING VALUE AND FUNDING ROUNDS, 2017–2024 (USD MILLION)
FIGURE 39 MOST VALUED LLM DEVELOPERS, 2023 (USD BILLION)
FIGURE 40 INVESTMENTS IN LARGE LANGUAGE MODEL OPERATIONS (LLMOPS), BY CATEGORY, 2023 (USD MILLION)
FIGURE 41 LARGE LANGUAGE MODEL MARKET DEAL COUNT AND DEAL VALUE, Q1 2021–Q3 2023 (USD MILLION)
5.8 CASE STUDY ANALYSIS
5.8.1 BFSI
5.8.1.1 Accelerated collection and analysis of investment information for Edger Finance with generative AI
5.8.2 MEDIA & ENTERTAINMENT
5.8.2.1 Revolutionized decentralized digital world of media & entertainment industry for Ben Group
5.8.3 HEALTHCARE & LIFE SCIENCES
5.8.3.1 Summer Health reimagined pediatric doctor’s visits with OpenAI
5.8.4 IT/ITES
5.8.4.1 Oxide AI piloted IBM watsonx.ai to take on investment information overload in finance
5.8.5 LAW FIRMS
5.8.5.1 Manz leveraged Deepset cloud to significantly reduce legal research efforts through semantic search
5.9 TECHNOLOGY ANALYSIS
5.9.1 KEY TECHNOLOGIES
5.9.1.1 Natural Language Processing (NLP)
5.9.1.2 Deep Learning
5.9.1.3 Transformer Architecture
5.9.1.4 Attention Mechanisms
5.9.1.5 Transfer Learning
5.9.2 ADJACENT TECHNOLOGIES
5.9.2.1 Speech Recognition
5.9.2.2 Computer Vision
5.9.2.3 Reinforcement Learning
5.9.2.4 Knowledge Graphs
5.9.3 COMPLEMENTARY TECHNOLOGIES
5.9.3.1 Quantum Computing
5.9.3.2 Explainable AI
5.9.3.3 Edge Computing
5.9.3.4 Blockchain
5.10 REGULATORY LANDSCAPE
5.10.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 10 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 11 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 12 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 13 MIDDLE EAST & AFRICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 14 LATIN AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.10.2 REGULATIONS: LARGE LANGUAGE MODEL MARKET
5.10.2.1 North America
5.10.2.1.1 California Consumer Privacy Act (CCPA)
5.10.2.1.2 Canada's Directive on Automated Decision-Making
5.10.2.1.3 AI and Automated Decision Systems (AADS) Ordinance (New York City)
5.10.2.2 Europe
5.10.2.2.1 General Data Protection Regulation (GDPR)
5.10.2.2.2 European Union's Artificial Intelligence Act (AIA)
5.10.2.2.3 Ethical Guidelines for Trustworthy AI by the European Commission
5.10.2.3 Asia Pacific
5.10.2.3.1 Personal Information Protection Law (PIPL) - China
5.10.2.3.2 Artificial Intelligence Ethics Guidelines - Japan
5.10.2.3.3 AI Strategy and Governance Framework - Australia
5.10.2.4 Middle East & Africa
5.10.2.4.1 UAE AI Regulation and Ethics Guidelines
5.10.2.4.2 South Africa's Protection of Personal Information Act (POPIA)
5.10.2.4.3 Egypt's Data Protection Law
5.10.2.5 Latin America
5.10.2.5.1 Brazil - General Data Protection Law (LGPD)
5.10.2.5.2 Mexico - Federal Law on the Protection of Personal Data Held by Private Parties (LFPDPPP)
5.10.2.5.3 Argentina - Personal Data Protection Law (PDPL)
5.11 PATENT ANALYSIS
5.11.1 METHODOLOGY
5.11.2 PATENTS FILED, BY DOCUMENT TYPE
TABLE 15 PATENTS FILED, 2013–2023
5.11.3 INNOVATION AND PATENT APPLICATIONS
FIGURE 42 NUMBER OF PATENTS GRANTED IN LAST 10 YEARS, 2013–2023
5.11.3.1 Top patent owners in large language model market
FIGURE 43 TOP 10 APPLICANTS IN LARGE LANGUAGE MODEL MARKET, 2013–2023
TABLE 16 TOP 20 PATENT OWNERS IN LARGE LANGUAGE MODEL MARKET, 2013–2023
TABLE 17 LIST OF FEW PATENTS IN LARGE LANGUAGE MODEL MARKET, 2022–2023
FIGURE 44 REGIONAL ANALYSIS OF PATENTS GRANTED, 2013–2023
5.12 PRICING ANALYSIS
5.12.1 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY SOFTWARE TYPE
FIGURE 45 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY SOFTWARE TYPE
TABLE 18 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY SOFTWARE TYPE
5.12.2 INDICATIVE PRICING ANALYSIS, BY OFFERING
TABLE 19 INDICATIVE PRICING LEVELS OF LARGE LANGUAGE MODEL SOLUTIONS, BY OFFERING
5.13 TRADE ANALYSIS
5.13.1 EXPORT SCENARIO OF COMPUTER SOFTWARE
FIGURE 46 EXPORT VALUE OF COMPUTER SOFTWARE, BY KEY COUNTRY, 2015–2022 (USD BILLION)
5.13.2 IMPORT SCENARIO OF COMPUTER SOFTWARE
FIGURE 47 IMPORT VALUE OF COMPUTER SOFTWARE, BY KEY COUNTRY, 2015–2022 (USD BILLION)
5.14 KEY CONFERENCES & EVENTS
TABLE 20 LARGE LANGUAGE MODEL MARKET: DETAILED LIST OF CONFERENCES & EVENTS, 2024–2025
5.15 PORTER’S FIVE FORCES ANALYSIS
TABLE 21 PORTER’S FIVE FORCES’ IMPACT ON LARGE LANGUAGE MODEL MARKET
FIGURE 48 PORTER’S FIVE FORCES ANALYSIS: LARGE LANGUAGE MODEL MARKET
5.15.1 THREAT OF NEW ENTRANTS
5.15.2 THREAT OF SUBSTITUTES
5.15.3 BARGAINING POWER OF SUPPLIERS
5.15.4 BARGAINING POWER OF BUYERS
5.15.5 INTENSITY OF COMPETITIVE RIVALRY
5.16 TECHNOLOGY ROADMAP
FIGURE 49 TECHNOLOGY ROADMAP FOR LARGE LANGUAGE MODEL MARKET
5.17 BUSINESS MODELS
FIGURE 50 LARGE LANGUAGE MODEL: BUSINESS MODELS
5.17.1 SOFTWARE VENDOR MODEL
5.17.2 CLOUD API ACCESS MODEL
5.17.3 CUSTOM TRAINING/FINE-TUNING MODEL
5.17.4 MARKETPLACES/EXCHANGES MODEL
5.18 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
5.18.1 REVENUE SHIFT & NEW REVENUE POCKETS FOR LARGE LANGUAGE MODEL PROVIDERS
FIGURE 51 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
5.19 KEY STAKEHOLDERS & BUYING CRITERIA
5.19.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 52 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR KEY END USERS
TABLE 22 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR KEY END USERS
5.19.2 BUYING CRITERIA
FIGURE 53 KEY BUYING CRITERIA FOR TOP THREE END USERS
TABLE 23 KEY BUYING CRITERIA FOR TOP THREE END USERS
6 LARGE LANGUAGE MODEL MARKET, BY OFFERING
6.1 INTRODUCTION
6.1.1 OFFERING: LARGE LANGUAGE MODEL MARKET DRIVERS
FIGURE 54 SOFTWARE SEGMENT TO REGISTER LARGER MARKET SHARE IN 2024
TABLE 24 LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 25 LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2024–2030 (USD MILLION)
6.2 SOFTWARE, BY TYPE
FIGURE 55 DOMAIN-SPECIFIC LLMS TO BE FASTEST-GROWING SEGMENT BETWEEN 2024 AND 2030
TABLE 26 LARGE LANGUAGE MODEL MARKET, BY SOFTWARE TYPE, 2020–2023 (USD MILLION)
TABLE 27 LARGE LANGUAGE MODEL MARKET, BY SOFTWARE TYPE, 2024–2030 (USD MILLION)
6.2.1 GENERAL PURPOSE LLMS
6.2.1.1 High versatility and rapid adaptability of general-purpose LLMs to spur widespread deployment across multiple use cases
TABLE 28 GENERAL-PURPOSE LLMS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 29 GENERAL-PURPOSE LLMS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
6.2.2 DOMAIN-SPECIFIC LLMS
6.2.2.1 Adoption of domain-specific LLMs to be driven by organizations' pressing needs for LLMs tailored to their industry
6.2.2.2 Zero-shot
TABLE 30 ZERO-SHOT DOMAIN-SPECIFIC LLMS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 31 ZERO-SHOT DOMAIN-SPECIFIC LLMS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
6.2.2.3 One-shot
TABLE 32 ONE-SHOT DOMAIN-SPECIFIC LLMS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 33 ONE-SHOT DOMAIN-SPECIFIC LLMS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
6.2.2.4 Few-shot
TABLE 34 FEW-SHOT DOMAIN-SPECIFIC LLMS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 35 FEW-SHOT DOMAIN-SPECIFIC LLMS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
6.2.3 MULTILINGUAL LLMS
6.2.3.1 Increasing globalization and drive for inclusivity to catalyze demand for seamless multilingual language processing capabilities
TABLE 36 MULTILINGUAL LLMS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 37 MULTILINGUAL LLMS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
6.2.4 TASK-SPECIFIC LLMS
6.2.4.1 Demand for high accuracy and precision in task-oriented language models for mission-critical applications to drive task-specific LLM growth
TABLE 38 TASK-SPECIFIC LLMS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 39 TASK-SPECIFIC LLMS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
6.3 SOFTWARE, BY SOURCE CODE
FIGURE 56 CLOSED-SOURCE LLMS SEGMENT TO HOLD LARGEST MARKET SHARE IN 2024
TABLE 40 LARGE LANGUAGE MODEL MARKET, BY SOFTWARE SOURCE CODE, 2020–2023 (USD MILLION)
TABLE 41 LARGE LANGUAGE MODEL MARKET, BY SOFTWARE SOURCE CODE, 2024–2030 (USD MILLION)
6.3.1 OPEN-SOURCE LLMS
6.3.1.1 Availability of powerful open-source LLM models, combined with collaborative nature of open-source community, to drive adoption and growth of open-source LLMs
TABLE 42 OPEN-SOURCE LLMS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 43 OPEN-SOURCE LLMS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
6.3.2 CLOSED-SOURCE LLMS
6.3.2.1 Closed-source LLMs to be driven by need for customized, domain-specific AI solutions, as well as desire for exclusive access and proprietary advantages
TABLE 44 CLOSED-SOURCE LLMS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 45 CLOSED-SOURCE LLMS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
6.4 SOFTWARE, BY DEPLOYMENT MODE
FIGURE 57 CLOUD SEGMENT TO HOLD LARGER MARKET SHARE IN 2024
TABLE 46 LARGE LANGUAGE MODEL MARKET, BY SOFTWARE DEPLOYMENT MODE, 2020–2023 (USD MILLION)
TABLE 47 LARGE LANGUAGE MODEL MARKET, BY SOFTWARE DEPLOYMENT MODE, 2024–2030 (USD MILLION)
6.4.1 CLOUD
6.4.1.1 Increasing demand for scalable and easily accessible LLM APIs to drive growth of cloud-based LLMs
TABLE 48 CLOUD: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 49 CLOUD: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
6.4.2 ON-PREMISES
6.4.2.1 Pressing need from enterprises for stringent data privacy and handling data in sensitive domains to fuel growth of on-premises LLMs for localized deployment and control
TABLE 50 ON-PREMISES: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 51 ON-PREMISES: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
6.5 SERVICES
FIGURE 58 LLM FINE-TUNING SERVICES TO REGISTER HIGHEST GROWTH RATE IN LARGE LANGUAGE MODEL MARKET BETWEEN 2024 AND 2030
TABLE 52 LARGE LANGUAGE MODEL MARKET, BY SERVICE, 2020–2023 (USD MILLION)
TABLE 53 LARGE LANGUAGE MODEL MARKET, BY SERVICE, 2024–2030 (USD MILLION)
6.5.1 CONSULTING
6.5.1.1 Growing demand for expert guidance on LLM adoption and implementation strategies to drive consulting services segment
TABLE 54 CONSULTING: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 55 CONSULTING: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
6.5.2 LLM DEVELOPMENT
6.5.2.1 LLM development services to be buoyed by increasing need for custom LLMs tailored to specific use cases and industries
TABLE 56 LLM DEVELOPMENT: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 57 LLM DEVELOPMENT: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
6.5.3 INTEGRATION
6.5.3.1 Necessity of seamlessly incorporating LLMs into existing software ecosystems and workflows to accentuate demand for integration services
TABLE 58 INTEGRATION: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 59 INTEGRATION: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
6.5.4 LLM FINE-TUNING
6.5.4.1 Domain-specific and task-specific LLM optimization set to expand LLM fine-tuning services market
6.5.4.2 Full fine-tuning
TABLE 60 FULL FINE-TUNING: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 61 FULL FINE-TUNING: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
6.5.4.3 Retrieval-augmented Generation (RAG)
TABLE 62 RETRIEVAL-AUGMENTED GENERATION: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 63 RETRIEVAL-AUGMENTED GENERATION: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
6.5.4.4 Adapter-based parameter-efficient tuning
TABLE 64 ADAPTER-BASED PARAMETER-EFFICIENT TUNING: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 65 ADAPTER-BASED PARAMETER-EFFICIENT TUNING: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
6.5.5 LLM-BACKED APP DEVELOPMENT
6.5.5.1 Adoption of LLM-backed app development services on the rise, attributed to growing popularity of LLM-powered applications across various sectors
TABLE 66 LLM-BACKED APP DEVELOPMENT: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 67 LLM-BACKED APP DEVELOPMENT: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
6.5.6 PROMPT ENGINEERING
6.5.6.1 Prompt engineering services slated for rapid growth owing to criticality of effective prompt design for optimal LLM performance
TABLE 68 PROMPT ENGINEERING: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 69 PROMPT ENGINEERING: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
6.5.7 SUPPORT & MAINTENANCE
6.5.7.1 Ongoing need for LLM model updates, monitoring, and long-term support to drive adoption of support & maintenance services
TABLE 70 SUPPORT & MAINTENANCE: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 71 SUPPORT & MAINTENANCE: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
7 LARGE LANGUAGE MODEL MARKET, BY ARCHITECTURE
7.1 INTRODUCTION
7.1.1 ARCHITECTURE: LARGE LANGUAGE MODEL MARKET DRIVERS
FIGURE 59 AUTOENCODING LLMS TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 72 LARGE LANGUAGE MODEL MARKET, BY ARCHITECTURE, 2020–2023 (USD MILLION)
TABLE 73 LARGE LANGUAGE MODEL MARKET, BY ARCHITECTURE, 2024–2030 (USD MILLION)
7.2 AUTOREGRESSIVE LANGUAGE MODELS
7.2.1 AUTOREGRESSIVE LANGUAGE MODELS TO CAPTURE COMPLEX LINGUISTIC PATTERNS AND DEPENDENCIES WITHIN GIVEN CONTEXT
TABLE 74 AUTOREGRESSIVE LANGUAGE MODELS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 75 AUTOREGRESSIVE LANGUAGE MODELS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
7.2.2 SINGLE-HEADED AUTOREGRESSIVE LANGUAGE MODELS
7.2.3 MULTI-HEADED AUTOREGRESSIVE LANGUAGE MODELS
7.3 AUTOENCODING LANGUAGE MODELS
7.3.1 AELMS TO EXTEND TO FINE-TUNING DOWNSTREAM TASKS, LEADING TO WIDESPREAD ADOPTION IN INDUSTRY AND ACADEMIA
TABLE 76 AUTOENCODING LANGUAGE MODELS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 77 AUTOENCODING LANGUAGE MODELS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
7.3.2 VANILLA AUTOENCODING LANGUAGE MODELS
7.3.3 OPTIMIZED AUTOENCODING LANGUAGE MODELS
7.4 HYBRID LANGUAGE MODELS
7.4.1 INTEGRATING AUTOREGRESSIVE AND AUTOENCODING COMPONENTS TO ENABLE THEM TO EXCEL IN TASKS REQUIRING CONTEXTUAL UNDERSTANDING AND GENERATIVE CAPABILITIES
TABLE 78 HYBRID LANGUAGE MODELS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 79 HYBRID LANGUAGE MODELS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
7.4.2 TEXT-TO-TEXT LANGUAGE MODELS
7.4.3 PRETRAINING-FINETUNING MODELS
8 LARGE LANGUAGE MODEL MARKET, BY MODALITY
8.1 INTRODUCTION
8.1.1 MODALITY: LARGE LANGUAGE MODEL MARKET DRIVERS
FIGURE 60 VIDEO MODALITY TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 80 LARGE LANGUAGE MODEL MARKET, BY MODALITY, 2020–2023 (USD MILLION)
TABLE 81 LARGE LANGUAGE MODEL MARKET, BY MODALITY, 2024–2030 (USD MILLION)
8.2 TEXT
8.2.1 LLMS TO LEVERAGE ADVANCED TECHNIQUES SUCH AS ATTENTION MECHANISMS AND TRANSFORMER ARCHITECTURES TO PROCESS AND GENERATE TEXT
TABLE 82 TEXT: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 83 TEXT: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
8.3 CODE
8.3.1 LLMS WITH CODE UNDERSTANDING CAPABILITIES TO ASSIST IN TASKS SUCH AS SOFTWARE MAINTENANCE, REFACTORING, AND OPTIMIZATION
TABLE 84 CODE: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 85 CODE: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
8.4 IMAGE
8.4.1 MULTIMODAL TRANSFORMERS AND FUSION MECHANISMS TO ALLOW LLMS TO INCORPORATE VISUAL INFORMATION ALONGSIDE TEXTUAL INPUTS
TABLE 86 IMAGE: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 87 IMAGE: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
8.5 VIDEO
8.5.1 VIDEO MODALITY TO EMPOWER LLMS TO EXTRACT MEANINGFUL INSIGHTS FROM VIDEO CONTENT, INCLUDING OBJECT RECOGNITION, ACTIVITY DETECTION, AND SCENE UNDERSTANDING
TABLE 88 VIDEO: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 89 VIDEO: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
9 LARGE LANGUAGE MODEL MARKET, BY MODEL SIZE
9.1 INTRODUCTION
9.1.1 MODEL SIZE: LARGE LANGUAGE MODEL MARKET DRIVERS
FIGURE 61 200 BILLION TO 500 BILLION PARAMETERS SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 90 LARGE LANGUAGE MODEL MARKET, BY MODEL SIZE, 2020–2023 (USD MILLION)
TABLE 91 LARGE LANGUAGE MODEL MARKET, BY MODEL SIZE, 2024–2030 (USD MILLION)
9.2 BELOW 1 BILLION PARAMETERS
9.2.1 MODELS BELOW 1 BILLION PARAMETERS TO BE IDEAL FOR APPLICATIONS IN ENVIRONMENTS WITH LIMITED COMPUTATIONAL CAPABILITIES
FIGURE 62 PROMINENT LLMS BELOW 1 BILLION PARAMETERS
TABLE 92 BELOW 1 BILLION PARAMETERS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 93 BELOW 1 BILLION PARAMETERS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
9.3 1 BILLION TO 10 BILLION PARAMETERS
9.3.1 MODELS BETWEEN 1 BILLION AND 10 BILLION PARAMETERS ADEPT FOR BROAD SPECTRUM OF NLP TASKS WITH MODERATE COMPUTATIONAL REQUIREMENTS
FIGURE 63 PROMINENT LLMS BETWEEN 1 BILLION AND 10 BILLION PARAMETERS
TABLE 94 1 BILLION TO 10 BILLION PARAMETERS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 95 1 BILLION TO 10 BILLION PARAMETERS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
9.4 10 BILLION TO 50 BILLION PARAMETERS
9.4.1 10 BILLION TO 50 BILLION PARAMETERS MODELS TO HANDLE ADVANCED LANGUAGE UNDERSTANDING WITHOUT RESOURCE-INTENSIVE NATURE OF LARGER MODELS
FIGURE 64 PROMINENT LLMS BETWEEN 10 BILLION AND 50 BILLION PARAMETERS
TABLE 96 10 BILLION TO 50 BILLION PARAMETERS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 97 10 BILLION TO 50 BILLION PARAMETERS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
9.5 50 BILLION TO 100 BILLION PARAMETERS
9.5.1 EXPANSION IN MODELS WITH 50 BILLION TO 100 BILLION PARAMETERS PROPELLED BY THEIR INCREASED CAPACITY FOR NUANCED LANGUAGE COMPREHENSION AND CONTEXT AWARENESS
FIGURE 65 PROMINENT LLMS BETWEEN 50 BILLION AND 100 BILLION PARAMETERS
TABLE 98 50 BILLION TO 100 BILLION PARAMETERS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 99 50 BILLION TO 100 BILLION PARAMETERS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
9.6 100 BILLION TO 200 BILLION PARAMETERS
9.6.1 HEIGHTENED CAPABILITY TO UNDERSTAND COMPLEX LANGUAGE PATTERNS TO MAKE THESE MODEL SIZES SUITABLE FOR DEVELOPING DOMAIN-SPECIFIC LLMS
FIGURE 66 PROMINENT LLMS BETWEEN 100 BILLION AND 200 BILLION PARAMETERS
TABLE 100 100 BILLION TO 200 BILLION PARAMETERS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 101 100 BILLION TO 200 BILLION PARAMETERS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
9.7 200 BILLION TO 500 BILLION PARAMETERS
9.7.1 THESE MODELS DEMONSTRATE ROBUST PERFORMANCE IN EXTENSIVE CONTEXT AWARENESS, SOPHISTICATED DIALOGUE SYSTEMS, AND ADVANCED CONTENT GENERATION
FIGURE 67 PROMINENT LLMS BETWEEN 200 BILLION AND 500 BILLION PARAMETERS
TABLE 102 200 BILLION TO 500 BILLION PARAMETERS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 103 200 BILLION TO 500 BILLION PARAMETERS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
9.8 ABOVE 500 BILLION PARAMETERS
9.8.1 MODELS ABOVE 500 BILLION PARAMETERS TO PROVIDE UNPARALLELED PERFORMANCE AND EXCEPTIONALLY HIGH LEVEL OF CONTEXT COMPREHENSION AND GENERATION
FIGURE 68 PROMINENT LLMS ABOVE 500 BILLION PARAMETERS
TABLE 104 ABOVE 500 BILLION PARAMETERS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 105 ABOVE 500 BILLION PARAMETERS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
10 LARGE LANGUAGE MODEL MARKET, BY APPLICATION
10.1 INTRODUCTION
10.1.1 APPLICATION: LARGE LANGUAGE MODEL MARKET DRIVERS
FIGURE 69 LANGUAGE TRANSLATION & LOCALIZATION APPLICATION TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 106 LARGE LANGUAGE MODEL MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 107 LARGE LANGUAGE MODEL MARKET, BY APPLICATION, 2024–2030 (USD MILLION)
10.2 INFORMATION RETRIEVAL
10.2.1 LLMS TO HELP UNDERSTAND SEMANTIC MEANING AND CONTEXT OF TEXT, ENABLING MORE ACCURATE AND RELEVANT INFORMATION RETRIEVAL
TABLE 108 INFORMATION RETRIEVAL: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 109 INFORMATION RETRIEVAL: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
10.3 LANGUAGE TRANSLATION & LOCALIZATION
10.3.1 LLMS TO STREAMLINE LOCALIZATION PROCESS BY AUTOMATING VARIOUS TASKS, SUCH AS TRANSLATING WEBSITE CONTENT, PRODUCT DESCRIPTIONS, AND USER INTERFACES
TABLE 110 LANGUAGE TRANSLATION & LOCALIZATION: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 111 LANGUAGE TRANSLATION & LOCALIZATION: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
10.3.2 MULTILINGUAL TRANSLATION
10.3.3 LOCALIZATION SERVICES
10.4 CONTENT GENERATION & CURATION
10.4.1 BUSINESSES AND CONTENT CREATORS TO STREAMLINE CONTENT WORKFLOWS, IMPROVE CONTENT QUALITY, AND DELIVER MORE PERSONALIZED EXPERIENCE
TABLE 112 CONTENT GENERATION & CURATION: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 113 CONTENT GENERATION & CURATION: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
10.4.2 AUTOMATED JOURNALISM AND ARTICLE WRITING
10.4.3 CREATIVE WRITING
10.5 CODE GENERATION
10.5.1 LLMS TO FACILITATE CODE REFACTORING AND OPTIMIZATION BY ANALYZING EXISTING CODEBASES AND SUGGESTING IMPROVEMENTS OR ALTERNATIVE IMPLEMENTATIONS
TABLE 114 CODE GENERATION: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 115 CODE GENERATION: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
10.6 CUSTOMER SERVICE AUTOMATION
10.6.1 INTEGRATING AUTOREGRESSIVE AND AUTOENCODING COMPONENTS TO ENABLE TO EXCEL IN TASKS REQUIRING CONTEXTUAL UNDERSTANDING AND GENERATIVE CAPABILITIES
TABLE 116 CUSTOMER SERVICE AUTOMATION: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 117 CUSTOMER SERVICE AUTOMATION: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
10.6.2 CHATBOTS AND VIRTUAL ASSISTANTS
10.6.3 SALES AND MARKETING AUTOMATION
10.6.4 PERSONALIZED RECOMMENDATION
10.7 DATA ANALYSIS AND BI
10.7.1 INTEGRATING LLMS TO AUTOMATE DATA CATEGORIZATION, ANOMALY DETECTION, AND PREDICTIVE ANALYTICS, ENABLING BUSINESSES TO GAIN DEEPER INSIGHTS
TABLE 118 DATA ANALYSIS AND BI: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 119 DATA ANALYSIS AND BI: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
10.7.2 SENTIMENT ANALYSIS
10.7.3 BUSINESS REPORTING AND MARKET ANALYSIS
10.8 OTHER APPLICATIONS
TABLE 120 OTHER APPLICATIONS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 121 OTHER APPLICATIONS: LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
11 LARGE LANGUAGE MODEL MARKET, BY END USER
11.1 INTRODUCTION
11.1.1 END USER: LARGE LANGUAGE MODEL MARKET DRIVERS
FIGURE 70 HEALTHCARE & LIFE SCIENCES SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 122 LARGE LANGUAGE MODEL MARKET, BY END USER, 2020–2023 (USD MILLION)
TABLE 123 LARGE LANGUAGE MODEL MARKET, BY END USER, 2024–2030 (USD MILLION)
11.2 IT & ITES
11.2.1 EXTENSIVE UTILIZATION OF LLMS IN SOFTWARE DEVELOPMENT PROCESSES AND CUSTOMER SERVICE
FIGURE 71 IT/ITES: KEY USE CASES
TABLE 124 LARGE LANGUAGE MODEL MARKET IN IT & ITES, BY REGION, 2020–2023 (USD MILLION)
TABLE 125 LARGE LANGUAGE MODEL MARKET IN IT & ITES, BY REGION, 2024–2030 (USD MILLION)
TABLE 126 LARGE LANGUAGE MODEL MARKET IN IT & ITES, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 127 LARGE LANGUAGE MODEL MARKET IN IT & ITES, BY OFFERING, 2024–2030 (USD MILLION)
TABLE 128 LARGE LANGUAGE MODEL MARKET IN IT & ITES, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 129 LARGE LANGUAGE MODEL MARKET IN IT & ITES, BY APPLICATION, 2024–2030 (USD MILLION) 237" "11.3 HEALTHCARE & LIFE SCIENCES
11.3.1 LEVERAGING LLMS FOR SENTIMENT ANALYSIS OF PATIENT FEEDBACK, PROCESS OF LITERATURE REVIEW, AND PARSING COMPLEX DATASETS
FIGURE 72 HEALTHCARE & LIFE SCIENCES: KEY USE CASES
TABLE 130 LARGE LANGUAGE MODEL MARKET IN HEALTHCARE & LIFE SCIENCES, BY REGION, 2020–2023 (USD MILLION)
TABLE 131 LARGE LANGUAGE MODEL MARKET IN HEALTHCARE & LIFE SCIENCES, BY REGION, 2024–2030 (USD MILLION)
TABLE 132 LARGE LANGUAGE MODEL MARKET IN HEALTHCARE & LIFE SCIENCES, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 133 LARGE LANGUAGE MODEL MARKET IN HEALTHCARE & LIFE SCIENCES, BY OFFERING, 2024–2030 (USD MILLION)
TABLE 134 LARGE LANGUAGE MODEL MARKET IN HEALTHCARE & LIFE SCIENCES, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 135 LARGE LANGUAGE MODEL MARKET IN HEALTHCARE & LIFE SCIENCES, BY APPLICATION, 2024–2030 (USD MILLION)
11.4 LAW FIRMS
11.4.1 NLP CAPABILITIES OF LLMS ENABLE LAW FIRMS TO EXTRACT INSIGHTS FROM VAST AMOUNTS OF LEGAL TEXTS
FIGURE 73 LAW FIRMS: KEY USE CASES
TABLE 136 LARGE LANGUAGE MODEL MARKET IN LAW FIRMS, BY REGION, 2020–2023 (USD MILLION)
TABLE 137 LARGE LANGUAGE MODEL MARKET IN LAW FIRMS, BY REGION, 2024–2030 (USD MILLION)
TABLE 138 LARGE LANGUAGE MODEL MARKET IN LAW FIRMS, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 139 LARGE LANGUAGE MODEL MARKET IN LAW FIRMS, BY OFFERING, 2024–2030 (USD MILLION)
TABLE 140 LARGE LANGUAGE MODEL MARKET IN LAW FIRMS, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 141 LARGE LANGUAGE MODEL MARKET IN LAW FIRMS, BY APPLICATION, 2024–2030 (USD MILLION)
11.5 BFSI
11.5.1 LLMS HELP FINANCIAL INSTITUTIONS AUTOMATE ROUTINE TASKS SUCH AS CONTRACT ANALYSIS AND COMPLIANCE MONITORING
FIGURE 74 BFSI: KEY USE CASES
TABLE 142 LARGE LANGUAGE MODEL MARKET IN BFSI, BY REGION, 2020–2023 (USD MILLION)
TABLE 143 LARGE LANGUAGE MODEL MARKET IN BFSI, BY REGION, 2024–2030 (USD MILLION)
TABLE 144 LARGE LANGUAGE MODEL MARKET IN BFSI, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 145 LARGE LANGUAGE MODEL MARKET IN BFSI, BY OFFERING, 2024–2030 (USD MILLION)
TABLE 146 LARGE LANGUAGE MODEL MARKET IN BFSI, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 147 LARGE LANGUAGE MODEL MARKET IN BFSI, BY APPLICATION, 2024–2030 (USD MILLION)
11.6 MANUFACTURING
11.6.1 OPTIMIZING SUPPLY CHAIN BY ANALYZING MARKET TRENDS, DEMAND FORECASTS, AND LOGISTICAL DATA
FIGURE 75 MANUFACTURING: KEY USE CASES
TABLE 148 LARGE LANGUAGE MODEL MARKET IN MANUFACTURING, BY REGION, 2020–2023 (USD MILLION)
TABLE 149 LARGE LANGUAGE MODEL MARKET IN MANUFACTURING, BY REGION, 2024–2030 (USD MILLION)
TABLE 150 LARGE LANGUAGE MODEL MARKET IN MANUFACTURING, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 151 LARGE LANGUAGE MODEL MARKET IN MANUFACTURING, BY OFFERING, 2024–2030 (USD MILLION)
TABLE 152 LARGE LANGUAGE MODEL MARKET IN MANUFACTURING, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 153 MANUFACTURING: LARGE LANGUAGE MODEL MARKET, BY APPLICATION, 2024–2030 (USD MILLION)
11.7 EDUCATION
11.7.1 DEMAND FOR ASSISTANCE IN GRADING ASSIGNMENTS, GENERATING QUIZZES, AND PROVIDING FEEDBACK IN EDUCATION
FIGURE 76 EDUCATION: KEY USE CASES
TABLE 154 LARGE LANGUAGE MODEL MARKET IN EDUCATION, BY REGION, 2020–2023 (USD MILLION)
TABLE 155 LARGE LANGUAGE MODEL MARKET IN EDUCATION, BY REGION, 2024–2030 (USD MILLION)
TABLE 156 LARGE LANGUAGE MODEL MARKET IN EDUCATION, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 157 LARGE LANGUAGE MODEL MARKET IN EDUCATION, BY OFFERING, 2024–2030 (USD MILLION)
TABLE 158 LARGE LANGUAGE MODEL MARKET IN EDUCATION, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 159 LARGE LANGUAGE MODEL MARKET IN EDUCATION, BY APPLICATION, 2024–2030 (USD MILLION)
11.8 RETAIL & ECOMMERCE
11.8.1 NEED FOR RETAILERS TO DELIVER ENGAGING AND RESPONSIVE INTERACTIONS ACROSS MULTIPLE CHANNELS
FIGURE 77 RETAIL & ECOMMERCE: KEY USE CASES
TABLE 160 LARGE LANGUAGE MODEL MARKET IN RETAIL & ECOMMERCE, BY REGION, 2020–2023 (USD MILLION)
TABLE 161 LARGE LANGUAGE MODEL MARKET IN RETAIL & ECOMMERCE, BY REGION, 2024–2030 (USD MILLION)
TABLE 162 LARGE LANGUAGE MODEL MARKET IN RETAIL & ECOMMERCE, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 163 LARGE LANGUAGE MODEL MARKET IN RETAIL & ECOMMERCE, BY OFFERING, 2024–2030 (USD MILLION)
TABLE 164 LARGE LANGUAGE MODEL MARKET IN RETAIL & ECOMMERCE, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 165 LARGE LANGUAGE MODEL MARKET IN RETAIL & ECOMMERCE, BY APPLICATION, 2024–2030 (USD MILLION)
11.9 MEDIA & ENTERTAINMENT
11.9.1 ENABLING MEDIA COMPANIES TO OPTIMIZE CONTENT FOR DIFFERENT PLATFORMS AND AUDIENCES
FIGURE 78 MEDIA & ENTERTAINMENT: KEY USE CASES
TABLE 166 LARGE LANGUAGE MODEL MARKET IN MEDIA & ENTERTAINMENT, BY REGION, 2020–2023 (USD MILLION)
TABLE 167 LARGE LANGUAGE MODEL MARKET IN MEDIA & ENTERTAINMENT, BY REGION, 2024–2030 (USD MILLION)
TABLE 168 LARGE LANGUAGE MODEL MARKET IN MEDIA & ENTERTAINMENT, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 169 LARGE LANGUAGE MODEL MARKET IN MEDIA & ENTERTAINMENT, BY OFFERING, 2024–2030 (USD MILLION)
TABLE 170 LARGE LANGUAGE MODEL MARKET IN MEDIA & ENTERTAINMENT, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 171 LARGE LANGUAGE MODEL MARKET IN MEDIA & ENTERTAINMENT, BY APPLICATION, 2024–2030 (USD MILLION)
11.10 OTHER END USERS
TABLE 172 LARGE LANGUAGE MODEL MARKET IN OTHER END USERS, BY REGION, 2020–2023 (USD MILLION)
TABLE 173 LARGE LANGUAGE MODEL MARKET IN OTHER END USERS, BY REGION, 2024–2030 (USD MILLION)
TABLE 174 LARGE LANGUAGE MODEL MARKET IN OTHER END USERS, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 175 LARGE LANGUAGE MODEL MARKET IN OTHER END USERS, BY OFFERING, 2024–2030 (USD MILLION)
TABLE 176 LARGE LANGUAGE MODEL MARKET IN OTHER END USERS, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 177 LARGE LANGUAGE MODEL MARKET IN OTHER END USERS, BY APPLICATION, 2024–2030 (USD MILLION)
12 LARGE LANGUAGE MODEL MARKET, BY REGION
12.1 INTRODUCTION
FIGURE 79 ASIA PACIFIC TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 80 INDIA TO REGISTER HIGHEST GROWTH RATE IN LARGE LANGUAGE MODEL MARKET DURING FORECAST PERIOD
TABLE 178 LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 179 LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)
12.2 NORTH AMERICA
12.2.1 NORTH AMERICA: LARGE LANGUAGE MODEL MARKET DRIVERS
12.2.2 NORTH AMERICA: RECESSION IMPACT
FIGURE 81 NORTH AMERICA: LARGE LANGUAGE MODEL MARKET SNAPSHOT
TABLE 180 NORTH AMERICA: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 181 NORTH AMERICA: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2024–2030 (USD MILLION)
TABLE 182 NORTH AMERICA: LARGE LANGUAGE MODEL SOFTWARE MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 183 NORTH AMERICA: LARGE LANGUAGE MODEL SOFTWARE MARKET, BY TYPE, 2024–2030 (USD MILLION)
TABLE 184 NORTH AMERICA: LARGE LANGUAGE MODEL SOFTWARE MARKET, BY SOURCE CODE, 2020–2023 (USD MILLION)
TABLE 185 NORTH AMERICA: LARGE LANGUAGE MODEL SOFTWARE MARKET, BY SOURCE CODE, 2024–2030 (USD MILLION)
TABLE 186 NORTH AMERICA: LARGE LANGUAGE MODEL SOFTWARE MARKET, BY DEPLOYMENT MODE, 2020–2023 (USD MILLION)
TABLE 187 NORTH AMERICA: LARGE LANGUAGE MODEL SOFTWARE MARKET, BY DEPLOYMENT MODE, 2024–2030 (USD MILLION)
TABLE 188 NORTH AMERICA: LARGE LANGUAGE MODEL MARKET, BY SERVICE, 2020–2023 (USD MILLION)
TABLE 189 NORTH AMERICA: LARGE LANGUAGE MODEL MARKET, BY SERVICE, 2024–2030 (USD MILLION)
TABLE 190 NORTH AMERICA: LARGE LANGUAGE MODEL MARKET, BY ARCHITECTURE, 2020–2023 (USD MILLION)
TABLE 191 NORTH AMERICA: LARGE LANGUAGE MODEL MARKET, BY ARCHITECTURE, 2024–2030 (USD MILLION)
TABLE 192 NORTH AMERICA: LARGE LANGUAGE MODEL MARKET, BY MODALITY, 2020–2023 (USD MILLION)
TABLE 193 NORTH AMERICA: LARGE LANGUAGE MODEL MARKET, BY MODALITY, 2024–2030 (USD MILLION)
TABLE 194 NORTH AMERICA: LARGE LANGUAGE MODEL MARKET, BY MODEL SIZE, 2020–2023 (USD MILLION)
TABLE 195 NORTH AMERICA: LARGE LANGUAGE MODEL MARKET, BY MODEL SIZE, 2024–2030 (USD MILLION)
TABLE 196 NORTH AMERICA: LARGE LANGUAGE MODEL MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 197 NORTH AMERICA: LARGE LANGUAGE MODEL MARKET, BY APPLICATION, 2024–2030 (USD MILLION)
TABLE 198 NORTH AMERICA: LARGE LANGUAGE MODEL MARKET, BY END USER, 2020–2023 (USD MILLION)
TABLE 199 NORTH AMERICA: LARGE LANGUAGE MODEL MARKET, BY END USER, 2024–2030 (USD MILLION)
TABLE 200 NORTH AMERICA: LARGE LANGUAGE MODEL MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 201 NORTH AMERICA: LARGE LANGUAGE MODEL MARKET, BY COUNTRY, 2024–2030 (USD MILLION)
12.2.3 US
12.2.3.1 Supportive regulatory environment and robust technological infrastructure
TABLE 202 US: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 203 US: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2024–2030 (USD MILLION)
12.2.4 CANADA
12.2.4.1 Leveraging AI-driven LLM technologies to address societal challenges and drive innovation across industries
TABLE 204 CANADA: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 205 CANADA: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2024–2030 (USD MILLION)
12.3 EUROPE
12.3.1 EUROPE: LARGE LANGUAGE MODEL MARKET DRIVERS
12.3.2 EUROPE: RECESSION IMPACT
TABLE 206 EUROPE: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 207 EUROPE: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2024–2030 (USD MILLION)
TABLE 208 EUROPE: LARGE LANGUAGE MODEL SOFTWARE MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 209 EUROPE: LARGE LANGUAGE MODEL SOFTWARE MARKET, BY TYPE, 2024–2030 (USD MILLION)
TABLE 210 EUROPE: LARGE LANGUAGE MODEL SOFTWARE MARKET, BY SOURCE CODE, 2020–2023 (USD MILLION)
TABLE 211 EUROPE: LARGE LANGUAGE MODEL SOFTWARE MARKET, BY SOURCE CODE, 2024–2030 (USD MILLION)
TABLE 212 EUROPE: LARGE LANGUAGE MODEL SOFTWARE MARKET, BY DEPLOYMENT MODE, 2020–2023 (USD MILLION)
TABLE 213 EUROPE: LARGE LANGUAGE MODEL SOFTWARE MARKET, BY DEPLOYMENT MODE, 2024–2030 (USD MILLION)
TABLE 214 EUROPE: LARGE LANGUAGE MODEL MARKET, BY SERVICE, 2020–2023 (USD MILLION)
TABLE 215 EUROPE: LARGE LANGUAGE MODEL MARKET, BY SERVICE, 2024–2030 (USD MILLION)
TABLE 216 EUROPE: LARGE LANGUAGE MODEL MARKET, BY ARCHITECTURE, 2020–2023 (USD MILLION)
TABLE 217 EUROPE: LARGE LANGUAGE MODEL MARKET, BY ARCHITECTURE, 2024–2030 (USD MILLION)
TABLE 218 EUROPE: LARGE LANGUAGE MODEL MARKET, BY MODALITY, 2020–2023 (USD MILLION)
TABLE 219 EUROPE: LARGE LANGUAGE MODEL MARKET, BY MODALITY, 2024–2030 (USD MILLION)
TABLE 220 EUROPE: LARGE LANGUAGE MODEL MARKET, BY MODEL SIZE, 2020–2023 (USD MILLION)
TABLE 221 EUROPE: LARGE LANGUAGE MODEL MARKET, BY MODEL SIZE, 2024–2030 (USD MILLION)
TABLE 222 EUROPE: LARGE LANGUAGE MODEL MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 223 EUROPE: LARGE LANGUAGE MODEL MARKET, BY APPLICATION, 2024–2030 (USD MILLION)
TABLE 224 EUROPE: LARGE LANGUAGE MODEL MARKET, BY END USER, 2020–2023 (USD MILLION)
TABLE 225 EUROPE: LARGE LANGUAGE MODEL MARKET, BY END USER, 2024–2030 (USD MILLION)
TABLE 226 EUROPE: LARGE LANGUAGE MODEL MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 227 EUROPE: LARGE LANGUAGE MODEL MARKET, BY COUNTRY, 2024–2030 (USD MILLION)
12.3.3 UK
12.3.3.1 Government support for AI development through initiatives such as AI Sector Deal, boosting investment in AI research
TABLE 228 UK: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 229 UK: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2024–2030 (USD MILLION)
12.3.4 GERMANY
12.3.4.1 Increasing interest in developing AI solutions tailored to German language and specific regional dialects
TABLE 230 GERMANY: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 231 GERMANY: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2024–2030 (USD MILLION)
12.3.5 FRANCE
12.3.5.1 Country’s combination of technological innovation, government initiatives, and thriving AI ecosystem
TABLE 232 FRANCE: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 233 FRANCE: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2024–2030 (USD MILLION)
12.3.6 REST OF EUROPE
TABLE 234 REST OF EUROPE: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 235 REST OF EUROPE: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2024–2030 (USD MILLION)
12.4 ASIA PACIFIC
12.4.1 ASIA PACIFIC: LARGE LANGUAGE MODEL MARKET DRIVERS
12.4.2 ASIA PACIFIC: RECESSION IMPACT
FIGURE 82 ASIA PACIFIC: LARGE LANGUAGE MODEL MARKET SNAPSHOT
TABLE 236 ASIA PACIFIC: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 237 ASIA PACIFIC: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2024–2030 (USD MILLION)
TABLE 238 ASIA PACIFIC: LARGE LANGUAGE MODEL SOFTWARE MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 239 ASIA PACIFIC: LARGE LANGUAGE MODEL SOFTWARE MARKET, BY TYPE, 2024–2030 (USD MILLION)
TABLE 240 ASIA PACIFIC: LARGE LANGUAGE MODEL SOFTWARE MARKET, BY SOURCE CODE, 2020–2023 (USD MILLION)
TABLE 241 ASIA PACIFIC: LARGE LANGUAGE MODEL SOFTWARE MARKET, BY SOURCE CODE, 2024–2030 (USD MILLION)
TABLE 242 ASIA PACIFIC: LARGE LANGUAGE MODEL SOFTWARE MARKET, BY DEPLOYMENT MODE, 2020–2023 (USD MILLION)
TABLE 243 ASIA PACIFIC: LARGE LANGUAGE MODEL SOFTWARE MARKET, BY DEPLOYMENT MODE, 2024–2030 (USD MILLION)
TABLE 244 ASIA PACIFIC: LARGE LANGUAGE MODEL MARKET, BY SERVICE, 2020–2023 (USD MILLION)
TABLE 245 ASIA PACIFIC: LARGE LANGUAGE MODEL MARKET, BY SERVICE, 2024–2030 (USD MILLION)
TABLE 246 ASIA PACIFIC: LARGE LANGUAGE MODEL MARKET, BY ARCHITECTURE, 2020–2023 (USD MILLION)
TABLE 247 ASIA PACIFIC: LARGE LANGUAGE MODEL MARKET, BY ARCHITECTURE, 2024–2030 (USD MILLION)
TABLE 248 ASIA PACIFIC: LARGE LANGUAGE MODEL MARKET, BY MODALITY, 2020–2023 (USD MILLION)
TABLE 249 ASIA PACIFIC: LARGE LANGUAGE MODEL MARKET, BY MODALITY, 2024–2030 (USD MILLION)
TABLE 250 ASIA PACIFIC: LARGE LANGUAGE MODEL MARKET, BY MODEL SIZE, 2020–2023 (USD MILLION)
TABLE 251 ASIA PACIFIC: LARGE LANGUAGE MODEL MARKET, BY MODEL SIZE, 2024–2030 (USD MILLION)
TABLE 252 ASIA PACIFIC: LARGE LANGUAGE MODEL MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 253 ASIA PACIFIC: LARGE LANGUAGE MODEL MARKET, BY APPLICATION, 2024–2030 (USD MILLION)
TABLE 254 ASIA PACIFIC: LARGE LANGUAGE MODEL MARKET, BY END USER, 2020–2023 (USD MILLION)
TABLE 255 ASIA PACIFIC: LARGE LANGUAGE MODEL MARKET, BY END USER, 2024–2030 (USD MILLION)
TABLE 256 ASIA PACIFIC: LARGE LANGUAGE MODEL MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 257 ASIA PACIFIC: LARGE LANGUAGE MODEL MARKET, BY COUNTRY, 2024–2030 (USD MILLION)
12.4.3 CHINA
12.4.3.1 Integration of LLMs into various industries in China
TABLE 258 CHINA: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 259 CHINA: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2024–2030 (USD MILLION)
12.4.4 INDIA
12.4.4.1 Emerging tech industry and huge digital population
TABLE 260 INDIA: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 261 INDIA: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2024–2030 (USD MILLION)
12.4.5 JAPAN
12.4.5.1 Rich cultural heritage and technologically advanced society
TABLE 262 JAPAN: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 263 JAPAN: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2024–2030 (USD MILLION)
12.4.6 SOUTH KOREA
12.4.6.1 Homegrown startup achievements on Open LLM Leaderboard indicating growing presence of Korean companies in global AI landscape
TABLE 264 SOUTH KOREA: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 265 SOUTH KOREA: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2024–2030 (USD MILLION)
12.4.7 REST OF ASIA PACIFIC
TABLE 266 REST OF ASIA PACIFIC: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 267 REST OF ASIA PACIFIC: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2024–2030 (USD MILLION)
12.5 MIDDLE EAST & AFRICA
12.5.1 MIDDLE EAST & AFRICA: LARGE LANGUAGE MODEL MARKET DRIVERS
12.5.2 MIDDLE EAST & AFRICA: RECESSION IMPACT
TABLE 268 MIDDLE EAST & AFRICA: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 269 MIDDLE EAST & AFRICA: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2024–2030 (USD MILLION)
TABLE 270 MIDDLE EAST & AFRICA: LARGE LANGUAGE MODEL SOFTWARE MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 271 MIDDLE EAST & AFRICA: LARGE LANGUAGE MODEL SOFTWARE MARKET, BY TYPE, 2024–2030 (USD MILLION)
TABLE 272 MIDDLE EAST & AFRICA: LARGE LANGUAGE MODEL SOFTWARE MARKET, BY SOURCE CODE, 2020–2023 (USD MILLION)
TABLE 273 MIDDLE EAST & AFRICA: LARGE LANGUAGE MODEL SOFTWARE MARKET, BY SOURCE CODE, 2024–2030 (USD MILLION)
TABLE 274 MIDDLE EAST & AFRICA: LARGE LANGUAGE MODEL SOFTWARE MARKET, BY DEPLOYMENT MODE, 2020–2023 (USD MILLION)
TABLE 275 MIDDLE EAST & AFRICA: LARGE LANGUAGE MODEL SOFTWARE MARKET, BY DEPLOYMENT MODE, 2024–2030 (USD MILLION)
TABLE 276 MIDDLE EAST & AFRICA: LARGE LANGUAGE MODEL MARKET, BY SERVICE, 2020–2023 (USD MILLION)
TABLE 277 MIDDLE EAST & AFRICA: LARGE LANGUAGE MODEL MARKET, BY SERVICE, 2024–2030 (USD MILLION)
TABLE 278 MIDDLE EAST & AFRICA: LARGE LANGUAGE MODEL MARKET, BY ARCHITECTURE, 2020–2023 (USD MILLION)
TABLE 279 MIDDLE EAST & AFRICA: LARGE LANGUAGE MODEL MARKET, BY ARCHITECTURE, 2024–2030 (USD MILLION)
TABLE 280 MIDDLE EAST & AFRICA: LARGE LANGUAGE MODEL MARKET, BY MODALITY, 2020–2023 (USD MILLION)
TABLE 281 MIDDLE EAST & AFRICA: LARGE LANGUAGE MODEL MARKET, BY MODALITY, 2024–2030 (USD MILLION)
TABLE 282 MIDDLE EAST & AFRICA: LARGE LANGUAGE MODEL MARKET, BY MODEL SIZE, 2020–2023 (USD MILLION)
TABLE 283 MIDDLE EAST & AFRICA: LARGE LANGUAGE MODEL MARKET, BY MODEL SIZE, 2024–2030 (USD MILLION)
TABLE 284 MIDDLE EAST & AFRICA: LARGE LANGUAGE MODEL MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 285 MIDDLE EAST & AFRICA: LARGE LANGUAGE MODEL MARKET, BY APPLICATION, 2024–2030 (USD MILLION)
TABLE 286 MIDDLE EAST & AFRICA: LARGE LANGUAGE MODEL MARKET, BY END USER, 2020–2023 (USD MILLION)
TABLE 287 MIDDLE EAST & AFRICA: LARGE LANGUAGE MODEL MARKET, BY END USER, 2024–2030 (USD MILLION)
TABLE 288 MIDDLE EAST & AFRICA: LARGE LANGUAGE MODEL MARKET, BY COUNTRY/REGION, 2020–2023 (USD MILLION)
TABLE 289 MIDDLE EAST & AFRICA: LARGE LANGUAGE MODEL MARKET, BY COUNTRY/REGION, 2024–2030 (USD MILLION)
12.5.3 GCC
12.5.3.1 Significant investments in AI technologies and adoption of Arabic-specific language models
TABLE 290 GCC: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 291 GCC: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2024–2030 (USD MILLION)
12.5.4 SOUTH AFRICA
12.5.4.1 Strategic geographical location of South Africa and status as regional economic hub
TABLE 292 SOUTH AFRICA: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 293 SOUTH AFRICA: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2024–2030 (USD MILLION)
12.5.5 TURKEY
12.5.5.1 Growth of Turkish economy led to greater demand for large language model services
TABLE 294 TURKEY: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 295 TURKEY: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2024–2030 (USD MILLION)
12.5.6 REST OF MIDDLE EAST & AFRICA
TABLE 296 REST OF MIDDLE EAST & AFRICA: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 297 REST OF MIDDLE EAST & AFRICA: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2024–2030 (USD MILLION)
12.6 LATIN AMERICA
12.6.1 LATIN AMERICA: LARGE LANGUAGE MODEL MARKET DRIVERS
12.6.2 LATIN AMERICA: RECESSION IMPACT
TABLE 298 LATIN AMERICA: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 299 LATIN AMERICA: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2024–2030 (USD MILLION)
TABLE 300 LATIN AMERICA: LARGE LANGUAGE MODEL SOFTWARE MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 301 LATIN AMERICA: LARGE LANGUAGE MODEL SOFTWARE MARKET, BY TYPE, 2024–2030 (USD MILLION)
TABLE 302 LATIN AMERICA: LARGE LANGUAGE MODEL SOFTWARE MARKET, BY SOURCE CODE, 2020–2023 (USD MILLION)
TABLE 303 LATIN AMERICA: LARGE LANGUAGE MODEL SOFTWARE MARKET, BY SOURCE CODE, 2024–2030 (USD MILLION)
TABLE 304 LATIN AMERICA: LARGE LANGUAGE MODEL SOFTWARE MARKET, BY DEPLOYMENT MODE, 2020–2023 (USD MILLION)
TABLE 305 LATIN AMERICA: LARGE LANGUAGE MODEL SOFTWARE MARKET, BY DEPLOYMENT MODE, 2024–2030 (USD MILLION)
TABLE 306 LATIN AMERICA: LARGE LANGUAGE MODEL MARKET, BY SERVICE, 2020–2023 (USD MILLION)
TABLE 307 LATIN AMERICA: LARGE LANGUAGE MODEL MARKET, BY SERVICE, 2024–2030 (USD MILLION)
TABLE 308 LATIN AMERICA: LARGE LANGUAGE MODEL MARKET, BY ARCHITECTURE, 2020–2023 (USD MILLION)
TABLE 309 LATIN AMERICA: LARGE LANGUAGE MODEL MARKET, BY ARCHITECTURE, 2024–2030 (USD MILLION)
TABLE 310 LATIN AMERICA: LARGE LANGUAGE MODEL MARKET, BY MODALITY, 2020–2023 (USD MILLION)
TABLE 311 LATIN AMERICA: LARGE LANGUAGE MODEL MARKET, BY MODALITY, 2024–2030 (USD MILLION)
TABLE 312 LATIN AMERICA: LARGE LANGUAGE MODEL MARKET, BY MODEL SIZE, 2020–2023 (USD MILLION)
TABLE 313 LATIN AMERICA: LARGE LANGUAGE MODEL MARKET, BY MODEL SIZE, 2024–2030 (USD MILLION)
TABLE 314 LATIN AMERICA: LARGE LANGUAGE MODEL MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 315 LATIN AMERICA: LARGE LANGUAGE MODEL MARKET, BY APPLICATION, 2024–2030 (USD MILLION)
TABLE 316 LATIN AMERICA: LARGE LANGUAGE MODEL MARKET, BY END USER, 2020–2023 (USD MILLION)
TABLE 317 LATIN AMERICA: LARGE LANGUAGE MODEL MARKET, BY END USER, 2024–2030 (USD MILLION)
TABLE 318 LATIN AMERICA: LARGE LANGUAGE MODEL MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 319 LATIN AMERICA: LARGE LANGUAGE MODEL MARKET, BY COUNTRY, 2024–2030 (USD MILLION)
12.6.3 BRAZIL
12.6.3.1 Economy driven by industries such as agriculture, manufacturing, and services to fuel need for advanced language technologies
TABLE 320 BRAZIL: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 321 BRAZIL: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2024–2030 (USD MILLION)
12.6.4 MEXICO
12.6.4.1 Government and digital transformation initiatives to fuel adoption of advanced AI technologies
TABLE 322 MEXICO: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 323 MEXICO: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2024–2030 (USD MILLION)
12.6.5 REST OF LATIN AMERICA
TABLE 324 REST OF LATIN AMERICA: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 325 REST OF LATIN AMERICA: LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2024–2030 (USD MILLION)
13 COMPETITIVE LANDSCAPE
13.1 OVERVIEW
13.2 KEY PLAYER STRATEGIES
TABLE 326 OVERVIEW OF STRATEGIES ADOPTED BY KEY LARGE LANGUAGE MODEL VENDORS
13.3 REVENUE ANALYSIS
FIGURE 83 TOP 5 PUBLIC PLAYERS DOMINATED MARKET IN LAST 4 YEARS
13.4 MARKET SHARE ANALYSIS
FIGURE 84 SHARE OF LEADING COMPANIES IN LARGE LANGUAGE MODEL MARKET, 2023
13.4.1 MARKET RANKING ANALYSIS
TABLE 327 LARGE LANGUAGE MODEL MARKET: DEGREE OF COMPETITION
13.5 PRODUCT COMPARATIVE ANALYSIS
13.5.1 PRODUCT COMPARATIVE ANALYSIS, BY GENERAL-PURPOSE LLM
FIGURE 85 PRODUCT COMPARATIVE ANALYSIS, BY GENERAL-PURPOSE LLM
13.5.1.1 GPT-4 by OpenAI
13.5.1.2 Llama 2 by Meta
13.5.1.3 Claude 3 By Anthropic
13.5.1.4 Amazon Titan by Amazon
13.5.1.5 Gemini by Google
13.5.2 PRODUCT COMPARATIVE ANALYSIS, BY DOMAIN-SPECIFIC LLM
FIGURE 86 PRODUCT COMPARATIVE ANALYSIS, BY DOMAIN-SPECIFIC LLM
13.5.2.1 Med-PaLM by Google
13.5.2.2 Amazon CodeWhisperer by Amazon
13.5.2.3 BloombergGPT by Bloomberg
13.5.2.4 FinGPT
13.5.2.5 BioBERTpt
13.5.3 PRODUCT COMPARATIVE ANALYSIS, BY OPEN-SOURCE LLM
FIGURE 87 PRODUCT COMPARATIVE ANALYSIS, BY OPEN-SOURCE LLM (1/2)
FIGURE 88 PRODUCT COMPARATIVE ANALYSIS, BY OPEN-SOURCE LLM (2/2)
13.5.3.1 Neural Chat 7B by Intel
13.5.3.2 Falcon by Technology Innovation Institute
13.5.3.3 Bloom by BigScience
13.5.3.4 Xgen 7B 4K Base by Salesforce
13.5.3.5 Neox GPT by EleutherAI
13.5.3.6 Abacus Giraffe by Abacus AI
13.5.3.7 Baichuan 13B by Baichuan Intelligence
13.5.3.8 Open Llama by OpenLM
13.5.3.9 Vicuna-33B by Lmsys
13.5.3.10 Dolly 2.0 by Databricks
13.6 COMPANY VALUATION AND FINANCIAL METRICS OF KEY VENDORS
FIGURE 89 COMPANY VALUATION AND FINANCIAL METRICS OF KEY VENDORS
FIGURE 90 YEAR-TO-DATE (YTD) PRICE TOTAL RETURN AND 5-YEAR STOCK BETA OF KEY VENDORS
13.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
13.7.1 STARS
13.7.2 EMERGING LEADERS
13.7.3 PERVASIVE PLAYERS
13.7.4 PARTICIPANTS
FIGURE 91 LARGE LANGUAGE MODEL MARKET: COMPANY EVALUATION MATRIX, 2023
13.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
13.7.5.1 Company Footprint
FIGURE 92 COMPANY FOOTPRINT (18 COMPANIES)
13.7.5.2 Region Footprint
TABLE 328 REGION FOOTPRINT (18 COMPANIES)
13.7.5.3 Application Footprint
TABLE 329 APPLICATION FOOTPRINT (18 COMPANIES)
13.7.5.4 End-user Footprint
TABLE 330 END-USER FOOTPRINT (18 COMPANIES)
13.7.5.5 Modality Footprint
TABLE 331 MODALITY FOOTPRINT (18 COMPANIES)
13.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
13.8.1 PROGRESSIVE COMPANIES
13.8.2 RESPONSIVE COMPANIES
13.8.3 DYNAMIC COMPANIES
13.8.4 STARTING BLOCKS
FIGURE 93 LARGE LANGUAGE MODEL MARKET: STARTUP/SME EVALUATION MATRIX, 2023
13.8.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023
13.8.5.1 Detailed List of Key Startups/SMEs
TABLE 332 LARGE LANGUAGE MODEL MARKET: DETAILED LIST OF KEY STARTUPS/SMES
13.8.5.2 Competitive Benchmarking of Key Startups/SMEs
TABLE 333 LARGE LANGUAGE MODEL MARKET: COMPETITIVE BENCHMARKING OF STARTUPS/SMES
13.9 COMPETITIVE SCENARIO AND TRENDS
13.9.1 PRODUCT LAUNCHES AND ENHANCEMENTS
TABLE 334 LARGE LANGUAGE MODEL MARKET: PRODUCT LAUNCHES AND ENHANCEMENTS, FEBRUARY 2021–FEBRUARY 2024
13.9.2 DEALS
TABLE 335 LARGE LANGUAGE MODEL MARKET: DEALS, FEBRUARY 2021–FEBRUARY 2024
14 COMPANY PROFILES
14.1 INTRODUCTION
14.2 KEY PLAYERS
(Business overview, Products/Solutions/Services offered, Recent developments, MnM view, Key Strengths, Strategic choices made, and Weaknesses and Competitive threats)*
14.2.1 GOOGLE
TABLE 336 GOOGLE: BUSINESS OVERVIEW
FIGURE 94 GOOGLE: COMPANY SNAPSHOT
TABLE 337 GOOGLE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 338 GOOGLE: PRODUCT LAUNCHES AND ENHANCEMENTS
TABLE 339 GOOGLE: DEALS
14.2.2 OPENAI
TABLE 340 OPENAI: BUSINESS OVERVIEW
TABLE 341 OPENAI: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 342 OPENAI: PRODUCT LAUNCHES AND ENHANCEMENTS
TABLE 343 OPENAI: DEALS
14.2.3 MICROSOFT
TABLE 344 MICROSOFT: BUSINESS OVERVIEW
FIGURE 95 MICROSOFT: COMPANY SNAPSHOT
TABLE 345 MICROSOFT: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 346 MICROSOFT: PRODUCT LAUNCHES AND ENHANCEMENTS
TABLE 347 MICROSOFT: DEALS
14.2.4 ANTHROPIC
TABLE 348 ANTHROPIC: BUSINESS OVERVIEW
TABLE 349 ANTHROPIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 350 ANTHROPIC: PRODUCT LAUNCHES AND ENHANCEMENTS
TABLE 351 ANTHROPIC: DEALS
14.2.5 META
TABLE 352 META: BUSINESS OVERVIEW
FIGURE 96 META: COMPANY SNAPSHOT
TABLE 353 META: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 354 META: PRODUCT LAUNCHES AND ENHANCEMENTS
TABLE 355 META: DEALS
14.2.6 NVIDIA
TABLE 356 NVIDIA: BUSINESS OVERVIEW
FIGURE 97 NVIDIA: COMPANY SNAPSHOT
TABLE 357 NVIDIA: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 358 NVIDIA: PRODUCT LAUNCHES AND ENHANCEMENTS
TABLE 359 NVIDIA: DEALS
14.2.7 IBM
TABLE 360 IBM: BUSINESS OVERVIEW
FIGURE 98 IBM: COMPANY SNAPSHOT
TABLE 361 IBM: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 362 IBM: PRODUCT LAUNCHES AND ENHANCEMENTS
TABLE 363 IBM: DEALS
14.2.8 HPE
TABLE 364 HPE: BUSINESS OVERVIEW
FIGURE 99 HPE: COMPANY SNAPSHOT
TABLE 365 HPE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 366 HPE: PRODUCT LAUNCHES AND ENHANCEMENTS
TABLE 367 HPE: DEALS
14.2.9 ORACLE
TABLE 368 ORACLE: BUSINESS OVERVIEW
FIGURE 100 ORACLE: COMPANY SNAPSHOT
TABLE 369 ORACLE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 370 ORACLE: PRODUCT LAUNCHES AND ENHANCEMENTS
TABLE 371 ORACLE: DEALS
14.2.10 AWS
TABLE 372 AWS: BUSINESS OVERVIEW
FIGURE 101 AWS: COMPANY SNAPSHOT
TABLE 373 AWS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 374 AWS: PRODUCT LAUNCHES AND ENHANCEMENTS
TABLE 375 AWS: DEALS
14.2.11 TENCENT
14.2.12 YANDEX
14.2.13 NAVER
14.2.14 AI21 LABS
14.2.15 HUGGING FACE
14.2.16 BAIDU
14.2.17 SENSETIME
14.2.18 HUAWEI
14.3 STARTUP/SME PROFILES
14.3.1 FEDML
14.3.2 DYNAMOFL
14.3.3 TOGETHER AI
14.3.4 UPSTAGE
14.3.5 MISTRAL AI
14.3.6 ADEPT
14.3.7 NEURALFINITY
14.3.8 MOSAIC ML
14.3.9 STABILITY AI
14.3.10 LIGHTON
14.3.11 COHERE
14.3.12 TURING
14.3.13 LIGHTNING AI
14.3.14 WHYLABS
*Details on Business overview, Products/Solutions/Services offered, Recent developments, MnM view, Key Strengths, Strategic choices made, and Weaknesses and Competitive threats might not be captured in case of unlisted companies.
15 ADJACENT AND RELATED MARKETS
15.1 INTRODUCTION
15.2 ARTIFICIAL INTELLIGENCE MARKET - GLOBAL FORECAST TO 2030
15.2.1 MARKET DEFINITION
15.2.2 MARKET OVERVIEW
15.2.2.1 Artificial intelligence market, by offering
TABLE 376 ARTIFICIAL INTELLIGENCE MARKET, BY OFFERING, 2017–2022 (USD MILLION)
TABLE 377 ARTIFICIAL INTELLIGENCE MARKET, BY OFFERING, 2023–2030 (USD MILLION)
15.2.2.2 Artificial intelligence market, by technology
TABLE 378 ARTIFICIAL INTELLIGENCE MARKET, BY TECHNOLOGY, 2017–2022 (USD MILLION)
TABLE 379 ARTIFICIAL INTELLIGENCE MARKET, BY TECHNOLOGY, 2023–2030 (USD MILLION)
15.2.2.3 Artificial intelligence market, by business function
TABLE 380 ARTIFICIAL INTELLIGENCE MARKET, BY BUSINESS FUNCTION, 2017–2022 (USD MILLION)
TABLE 381 ARTIFICIAL INTELLIGENCE MARKET, BY BUSINESS FUNCTION, 2023–2030 (USD MILLION)
15.2.2.4 Artificial intelligence market, by vertical
TABLE 382 ARTIFICIAL INTELLIGENCE MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
TABLE 383 ARTIFICIAL INTELLIGENCE MARKET, BY VERTICAL, 2023–2030 (USD MILLION)
15.2.2.5 Artificial intelligence market, by region
TABLE 384 ARTIFICIAL INTELLIGENCE MARKET, BY REGION, 2017–2022 (USD MILLION)
TABLE 385 ARTIFICIAL INTELLIGENCE MARKET, BY REGION, 2023–2030 (USD MILLION)
15.3 GENERATIVE AI MARKET - GLOBAL FORECAST TO 2030
15.3.1 MARKET DEFINITION
15.3.2 MARKET OVERVIEW
15.3.2.1 Generative AI market, by offering
TABLE 386 GENERATIVE AI MARKET, BY OFFERING, 2019–2022 (USD MILLION)
TABLE 387 GENERATIVE AI MARKET, BY OFFERING, 2023–2030 (USD MILLION)
15.3.2.2 Generative AI market, by application
TABLE 388 GENERATIVE AI APPLICATION MARKET, BY BUSINESS FUNCTION, 2019–2022 (USD MILLION)
TABLE 389 GENERATIVE AI APPLICATION MARKET, BY BUSINESS FUNCTION, 2023–2030 (USD MILLION)
TABLE 390 GENERATIVE AI APPLICATION MARKET, BY DATA MODALITY, 2019–2022 (USD MILLION)
TABLE 391 GENERATIVE AI APPLICATION MARKET, BY DATA MODALITY, 2023–2030 (USD MILLION)
15.3.2.3 Generative AI market, by region
TABLE 392 GENERATIVE AI MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 393 GENERATIVE AI MARKET, BY REGION, 2023–2030 (USD MILLION)
16 APPENDIX
16.1 DISCUSSION GUIDE
16.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
16.3 CUSTOMIZATION OPTIONS
16.4 RELATED REPORTS
16.5 AUTHOR DETAILS
