Pragma Market Research and Business Consulting has published a new study titled "Large Language Model (LLM) Market: Size, Trends, and Insights" covering the market's dimensions, trends, and insights.

Market Overview

“According to the latest research study, the demand of global Large Language Model (LLM) Market size & share was valued at approximately US$ 1302.9 million in 2023 and is expected to reach US$ 9775.2 million in 2024 and value of around US$ 1949840 million by 2030, at a compound annual growth rate (CAGR) of about 141.7% during the forecast period 2023 to 2030.”

This report explores the market by Types (Below 100 Billion Parameters, Above 100 Billion Parameters), application (Chatbots and Virtual Assistants, Content Generation, Language Translation, Code Development, Sentiment Analysis, Medical Diagnosis and Treatment, Education, Others), and geographical regions (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa). It offers an in-depth overview, statistical data, competitive landscape, market share, perspectives, and predictions for the period from 2023 to 2030.

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Key Players

Major global players in the Market include:

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

This report addresses key inquiries such as:

• How large is the Large Language Model (LLM) Market currently and what growth trajectory is expected?
• What key factors are propelling the growth of the Large Language Model (LLM) Market?
• Who are the leading players in the Large Language Model (LLM) Market?
• What segments does the Large Language Model (LLM) Market encompass?
• Which segment or region is expected to witness the fastest growth?
• What role do major players assume within the value chain?
• How can one obtain a complimentary sample of the Large Language Model (LLM) Market report and profiles of companies?

Key Offerings Include:

• Market Share, Size, and Revenue Forecasts from 2023 to 2030.
• Insights into Market Dynamics including Growth Drivers, Challenges, Investment Opportunities, and Key Trends.
• Detailed Market Segmentation Analysis covering Types of Services, End-User Services, and Geographic Regions.
• Comprehensive Competitive Landscape, featuring Leading Key Vendors and Other Notable Market Players.

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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

Regional Analysis

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa

To Know more about this report (Description, TOC and List of Tables and Figures) – https://www.pragmamarketresearch.com/reports/121032/large-language-model-llm-market-size/inquiry?UTM=RPB24

Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis competitive landscape, revenue 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, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. 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, and capacity of each country in the world.
Chapter 11: 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 12: The main points and conclusions of the report.

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