Global Large Language Model (LLM) Technology Supply, Demand and Key Producers, 2023-2029
The global Large Language Model (LLM) Technology market size is expected to reach $ million by 2029, rising at a market growth of % CAGR during the forecast period (2023-2029).
Natural Language Understanding (NLU) Demand: The increasing need for machines to understand and interpret human language is a primary driver. LLMs enable better NLU, which is essential for applications like chatbots, virtual assistants, and sentiment analysis.
Content Generation: LLMs can generate human-like text content, which is valuable for automating content creation, writing assistance, and content marketing. This capability reduces the time and effort required for content production.
Search and Recommendations: LLMs enhance search engines by providing more relevant and context-aware results. They are also used to power recommendation engines, improving user experiences on e-commerce and content platforms.
This report studies the global Large Language Model (LLM) Technology demand, key companies, and key regions.
This report is a detailed and comprehensive analysis of the world market for Large Language Model (LLM) Technology, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Large Language Model (LLM) Technology that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Large Language Model (LLM) Technology total market, 2018-2029, (USD Million)
Global Large Language Model (LLM) Technology total market by region & country, CAGR, 2018-2029, (USD Million)
U.S. VS China: Large Language Model (LLM) Technology total market, key domestic companies and share, (USD Million)
Global Large Language Model (LLM) Technology revenue by player and market share 2018-2023, (USD Million)
Global Large Language Model (LLM) Technology total market by Type, CAGR, 2018-2029, (USD Million)
Global Large Language Model (LLM) Technology total market by Application, CAGR, 2018-2029, (USD Million).
This reports profiles major players in the global Large Language Model (LLM) Technology market based on the following parameters – company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Open AI, Google, Microsoft, Amazon Web Services, Meta, AI21 Labs, Tencent, Yandex and DeepMind, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Large Language Model (LLM) Technology market.
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.
Global Large Language Model (LLM) Technology Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Large Language Model (LLM) Technology Market, Segmentation by Type
GPT-3
GPT-2
BERT
T5
RoBERTa
Global Large Language Model (LLM) Technology Market, Segmentation by Application
Large Enterprises
SMEs
Companies Profiled:
Open AI
Google
Microsoft
Amazon Web Services
Meta
AI21 Labs
Tencent
Yandex
DeepMind
Naver
Baidu
Deepmind
Anthropic
Alibaba
Huawei
Salesforce
Key Questions Answered
1. How big is the global Large Language Model (LLM) Technology market?
2. What is the demand of the global Large Language Model (LLM) Technology market?
3. What is the year over year growth of the global Large Language Model (LLM) Technology market?
4. What is the total value of the global Large Language Model (LLM) Technology market?
5. Who are the major players in the global Large Language Model (LLM) Technology market?