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Global Report 2024

Global Artificial Intelligence Large Language Models Market Growth (Status and Outlook) 2024-2030

calendar_todayPublished: May 2024 descriptionPages: 124 categoryCategory: Service & Software

A large language model (LLM) is a type of language model notable for its ability to achieve general-purpose language understanding and generation. LLMs acquire these abilities by using massive amounts of data to learn billions of parameters during training and consuming large computational resources during their training and operation.

The global Artificial Intelligence Large Language Models market size is projected to grow from US$ 7523 million in 2024 to US$ 280560 million in 2030; it is expected to grow at a CAGR of 82.8% from 2024 to 2030.

Segmentation by Type

  • Below 100 Billion Parameters
  • Above 100 Billion Parameters

Segmentation by Application

  • Chatbots and Virtual Assistants
  • Content Generation
  • Language Translation
  • Code Development
  • Sentiment Analysis
  • Medical Diagnosis and Treatment
  • Education
  • Others

Market by Region

  • Africa
  • Americas
    • United States
    • Canada
    • Mexico
    • Brazil
  • APAC
    • China
    • Japan
    • Korea
    • Southeast Asia
    • India
    • Australia
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Russia
  • Middle East & Africa
    • Egypt
    • South Africa
    • Israel
    • Turkey
    • GCC Countries

Company Coverage

  • Open AI(ChatGPT)
  • Google(PaLM)
  • Meta (LLaMA)
  • AI21 Labs(Jurassic)
  • Cohere
  • Anthropic(Claude)
  • Microsoft(Turing-NLG, Orca)
  • Huawei(Pangu)
  • Naver(HyperCLOVA)
  • Tencent(Hunyuan)
  • Yandex(YaLM)
  • Amazon(Titan, Olympus)
  • Alibaba(Qwen)
  • Baidu (Ernie)
  • Technology Innovation Institute (TII) (Falcon)
  • Crowdworks
  • NEC

Key Questions Addressed in this Report

Frequently Asked Questions

What is the USP of the report? expand_more
Artificial Intelligence Large Language Models report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
What are the key content of the report? expand_more
Artificial Intelligence Large Language Models report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
What are the value propositions and opportunities offered in this market research report? expand_more
Artificial Intelligence Large Language Models report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.