Report overview
The global Large Language Model(LLM) market was valued at US$ million in 2023 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2023, While China is to reach $ Million.
Hundreds of Billions of Parameters Segment to Reach $ Million by 2030, with a % CAGR in next six years.
The global key manufacturers of Large Language Model(LLM) include Meta, AI21 Labs, Tencent, Yandex, DeepMind, Naver, Open AI, Google and Microsoft, etc. in 2023, the global top five players have a share approximately % in terms of revenue.
Large Language Model refers to a model with a large capacity for deep learning tasks, usually with a large number of parameters and complex architecture. The Large Language Model has better versatility, accuracy, and efficiency. It can learn on large data sets through pre-training or other methods, and then efficiently handle complex tasks such as computer vision and natural language processing through fine-tuning.
This report aims to provide a comprehensive presentation of the global market for Large Language Model(LLM), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Large Language Model(LLM). This report contains market size and forecasts of Large Language Model(LLM) in global, including the following market information:
Global Large Language Model(LLM) Market Revenue, 2019-2024, 2025-2030, ($ millions)
Global top five companies in 2023 (%)
We surveyed the Large Language Model(LLM) companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Large Language Model(LLM) Market, by Type, 2019-2024, 2025-2030 ($ millions)
Global Large Language Model(LLM) Market Segment Percentages, by Type, 2023 (%)
Hundreds of Billions of Parameters
Trillions of Parameters
Global Large Language Model(LLM) Market, by Application, 2019-2024, 2025-2030 ($ millions)
Global Large Language Model(LLM) Market Segment Percentages, by Application, 2023 (%)
Medical
Minancial
Industrial
Education
Others
Global Large Language Model(LLM) Market, By Region and Country, 2019-2024, 2025-2030 ($ Millions)
Global Large Language Model(LLM) Market Segment Percentages, By Region and Country, 2023 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Large Language Model(LLM) revenues in global market, 2019-2024 (estimated), ($ millions)
Key companies Large Language Model(LLM) revenues share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
Meta
AI21 Labs
Tencent
Yandex
DeepMind
Naver
Open AI
Google
Microsoft
Meta
Amazon
Baidu
Deepmind
Anthropic
Alibaba
Huawei
Outline of Major Chapters:
Chapter 1: Introduces the definition of Large Language Model(LLM), market overview.
Chapter 2: Global Large Language Model(LLM) market size in revenue.
Chapter 3: Detailed analysis of Large Language Model(LLM) company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Large Language Model(LLM) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
