Press release
Global Market For Artificial Intelligence Large Language Models Was Estimated To Be Worth Us$ 1591 Million In 2023 And Is Forecast To A Readjusted Size Of Us$ 259840 Million By 2030 With A Cagr Of 79.8% During Forecast Period 2024-2030
Leading players of the global Artificial Intelligence Large Language Models market are analyzed taking into account their market share, recent developments, new product launches, partnerships, mergers or acquisitions, and markets served. We also provide an exhaustive analysis of their product portfolios to explore the products and applications they concentrate on when operating in the global Artificial Intelligence Large Language Models market. Furthermore, the report offers two separate market forecasts - one for the production side and another for the consumption side of the global Artificial Intelligence Large Language Models market. It also provides useful recommendations for new as well as established players of the global Artificial Intelligence Large Language Models market.
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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. LLMs are artificial neural networks (mainly transformers) and are (pre-)trained using self-supervised learning and semi-supervised learning. As autoregressive language models, they work by taking an input text and repeatedly predicting the next token or word. Up to 2020, fine tuning was the only way a model could be adapted to be able to accomplish specific tasks. Larger sized models, such as GPT-4, however, can be prompt-engineered to achieve similar results. They are thought to acquire embodied knowledge about syntax, semantics and "ontology" inherent in human language corpora, but also inaccuracies and biases present in the corpora.
The global market for Artificial Intelligence Large Language Models was estimated to be worth US$ 1591 million in 2023 and is forecast to a readjusted size of US$ 259840 million by 2030 with a CAGR of 79.8% during the forecast period 2024-2030.
The key players of Large Language Model (LLM) include Open AI(ChatGPT), Google(PaLM) and Meta (LLaMA), etc. The top three players hold a share over 86%. North America is the largest market, has a share about 53%. In terms of product type, Below 100 Billion Parameters is the largest segment, occupied for a share of about 70%. In terms of application, Chatbots and Virtual Assistants has a share about 32%.
The Artificial Intelligence Large Language Models market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. 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 Artificial Intelligence Large Language Models.
Browse full Report https://www.qyresearch.in/report-details/1205592/
Market Segmentation
By Company
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
Segment by Type
Below 100 Billion Parameters
Above 100 Billion Parameters
Segment by Application
Chatbots and Virtual Assistants
Content Generation
Language Translation
Code Development
Sentiment Analysis
Medical Diagnosis and Treatment
Education
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Artificial Intelligence Large Language Models company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: 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 4: 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 5: Revenue of Artificial Intelligence Large Language Models in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of Artificial Intelligence Large Language Models in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
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Report Objectives
• Analyzing the size of the global Artificial Intelligence Large Language Models market on the basis of value and volume.
• Accurately calculating the market shares, consumption, and other vital factors of different segments of the global Artificial Intelligence Large Language Models market.
• Exploring the key dynamics of the global Artificial Intelligence Large Language Models market.
• Highlighting important trends of the global Artificial Intelligence Large Language Models market in terms of production, revenue, and sales.
• Deeply profiling top players of the global Artificial Intelligence Large Language Models market and showing how they compete in the industry.
• Studying manufacturing processes and costs, product pricing, and various trends related to them.
• Showing the performance of different regions and countries in the global Artificial Intelligence Large Language Models market.
• Forecasting the market size and share of all segments, regions, and the global market.
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QYResearch is a leading global market research and consulting company established in 2007. With over 16 years' experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability.
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