PUBLISHER: Grand View Research | PRODUCT CODE: 1575169
PUBLISHER: Grand View Research | PRODUCT CODE: 1575169
Large Language Model Powered Tools Market Size, Share & Trends Analysis Report By Type (General-purpose Tools, Domain-specific Tools), By Deployment, By Application, By Region, And Segment Forecasts, 2024 - 2030
Market Size & Trends:
The global large language model powered tools market size was estimated at USD 1.43 billion in 2023 and is projected to grow at a CAGR of 48.8% from 2024 to 2030. The market for large language model (LLM) powered tools is expanding rapidly due to the increasing demand for advanced AI capabilities across various sectors. Businesses are utilizing these tools to automate tasks, enhance customer interactions, and improve decision-making processes. The integration of LLMs into everyday applications, such as chatbots, virtual assistants, and content generation platforms, is driving significant growth.
Companies are finding that LLMs can provide more accurate and contextually relevant responses compared to traditional rule-based systems. This rise in adoption is supported by the continuous advancements in model training techniques and computational power. As a result, the market is seeing a steady influx of innovative products and services. The increasing availability of LLM APIs and cloud-based solutions further accelerates this growth, making these tools more accessible to organizations of all sizes.
The consumer market for LLM-powered tools is also experiencing notable growth, with a diverse range of applications emerging. From personalized educational apps to creative writing aids and language translation services, LLMs are becoming a staple in many digital experiences. Startups and established tech giants are both investing heavily in developing new LLM-based solutions, driven by the technology's versatility and effectiveness. Enhanced user experience, driven by more intuitive and engaging interactions, is a key factor behind this growth. Moreover, the ability of LLMs to adapt and learn from user inputs allows for increasingly personalized and dynamic applications. As more businesses and consumers recognize the benefits of LLM technology, demand continues to rise. This trend is expected to further fuel the expansion of the market and encourage continued innovation.
The growth trajectory of the LLM-powered tools market shows no signs of slowing down. Innovations in model architecture and efficiency are anticipated to drive further advancements and applications. Improved ethical frameworks and regulatory standards will help address concerns related to AI usage, making integration smoother and more secure. The convergence of LLM technology with other emerging fields, such as augmented reality and the Internet of Things, is set to open new avenues for growth. Enhanced capabilities and novel use cases will likely attract increased investment and interest from both the private and public sectors. As the technology matures, the market will continue to evolve, presenting new opportunities for developers and businesses alike. Overall, the future of LLM-powered tools looks promising, with sustained growth and innovation on the horizon.
Global Large Language Model Powered Tools Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global large language model powered tools market report based on type, deployment, application, and region:
- Type Outlook (Revenue, USD Million, 2018 - 2030)
- General-Purpose Tools
- Domain-Specific Tools
- Task-Specific Tools
- Deployment Outlook (Revenue, USD Million, 2018 - 2030)
- Cloud
- On-Premises
- Application Outlook (Revenue, USD Million, 2018 - 2030)
- Content Generation
- Customer Support
- Data Analysis and Insights
- Software Development
- Personalization
- Language Translation
- Education and Training
- Creative Arts
- Regional Outlook (Revenue, USD Million, 2018 - 2030)
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Latin America
- Brazil
- Middle East and Africa (MEA)
- KSA
- UAE
- South Africa
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Market Definition
- 1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. LLM Powered Tools market Variables, Trends, & Scope
- 3.1. Market Introduction/Lineage Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Driver Analysis
- 3.2.2. Market Restraint Analysis
- 3.2.3. Industry Challenge
- 3.3. LLM Powered Tools market Analysis Tools
- 3.3.1. Porter's Analysis
- 3.3.2. PESTEL Analysis
Chapter 4. LLM Powered Tools market: Type Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. LLM Powered Tools market: Type Movement Analysis, 2023 & 2030 (USD Million)
- 4.3. General-Purpose Tools
- 4.3.1. General-Purpose Tools LLM Powered Tools market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4. Domain-Specific Tools
- 4.4.1. Domain-Specific Tools LLM Powered Tools market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.5. Task-Specific Tools
- 4.5.1. Task-Specific Tools LLM Powered Tools market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. LLM Powered Tools market: Deployment Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. LLM Powered Tools market: Deployment Movement Analysis, 2023 & 2030 (USD Million)
- 5.3. Cloud
- 5.3.1. Cloud LLM Powered Tools market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4. On-Premises
- 5.4.1. On-Premises LLM Powered Tools market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. LLM Powered Tools market: Application Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. LLM Powered Tools market: Application Movement Analysis, 2023 & 2030 (USD Million)
- 6.3. Content Generation
- 6.3.1. Content Generation LLM Powered Tools market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4. Customer Support
- 6.4.1. Customer Support LLM Powered Tools market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5. Data Analysis and Insights
- 6.5.1. Data Analysis and Insights LLM Powered Tools market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6. Software Development
- 6.6.1. Software Development LLM Powered Tools market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.7. Personalization
- 6.7.1. Personalization LLM Powered Tools market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.8. Language Translation
- 6.8.1. Language Translation LLM Powered Tools market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.9. Education and Training
- 6.9.1. Education and Training LLM Powered Tools market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.10. Creative Arts
- 6.10.1. Creative Arts LLM Powered Tools market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 7. LLM Powered Tools market: Regional Estimates & Trend Analysis
- 7.1. LLM Powered Tools market Share, By Region, 2023 & 2030 (USD Million)
- 7.2. North America
- 7.2.1. North America LLM Powered Tools market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.2. U.S.
- 7.2.2.1. U.S. LLM Powered Tools market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.3. Canada
- 7.2.3.1. Canada LLM Powered Tools market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.4. Mexico
- 7.2.4.1. Mexico LLM Powered Tools market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3. Europe
- 7.3.1. Europe LLM Powered Tools market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.2. UK
- 7.3.2.1. UK LLM Powered Tools market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.3. Germany
- 7.3.3.1. Germany LLM Powered Tools market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.4. France
- 7.3.4.1. France LLM Powered Tools market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4. Asia Pacific
- 7.4.1. Asia Pacific LLM Powered Tools market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.2. China
- 7.4.2.1. China LLM Powered Tools market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.3. Japan
- 7.4.3.1. Japan LLM Powered Tools market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.4. India
- 7.4.4.1. India LLM Powered Tools market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.5. South Korea
- 7.4.5.1. South Korea LLM Powered Tools market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.6. Australia
- 7.4.6.1. Australia LLM Powered Tools market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5. Latin America
- 7.5.1. Latin America LLM Powered Tools market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5.2. Brazil
- 7.5.2.1. Brazil LLM Powered Tools market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6. Middle East and Africa
- 7.6.1. Middle East and Africa LLM Powered Tools market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.2. KSA
- 7.6.2.1. KSA LLM Powered Tools market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.3. UAE
- 7.6.3.1. UAE LLM Powered Tools market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.4. South Africa
- 7.6.4.1. South Africa LLM Powered Tools market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 8. Competitive Landscape
- 8.1. Company Categorization
- 8.2. Company Market Positioning
- 8.3. Participant's Overview
- 8.4. Financial Performance
- 8.5. Component Benchmarking
- 8.6. Company Heat Map Analysis
- 8.7. Strategy Mapping
- 8.8. Company Profiles/Listing
- 8.8.1. OpenAI
- 8.8.1.1. Participant's Overview
- 8.8.1.2. Financial Performance
- 8.8.1.3. Product Benchmarking
- 8.8.1.4. Recent Developments
- 8.8.2. Google LLC (DeepMind)
- 8.8.2.1. Participant's Overview
- 8.8.2.2. Financial Performance
- 8.8.2.3. Product Benchmarking
- 8.8.2.4. Recent Developments
- 8.8.3. Microsoft
- 8.8.3.1. Participant's Overview
- 8.8.3.2. Financial Performance
- 8.8.3.3. Product Benchmarking
- 8.8.3.4. Recent Developments
- 8.8.4. Anthropic
- 8.8.4.1. Participant's Overview
- 8.8.4.2. Financial Performance
- 8.8.4.3. Product Benchmarking
- 8.8.4.4. Recent Developments
- 8.8.5. Cohere
- 8.8.5.1. Participant's Overview
- 8.8.5.2. Financial Performance
- 8.8.5.3. Product Benchmarking
- 8.8.5.4. Recent Developments
- 8.8.6. Hugging Face
- 8.8.6.1. Participant's Overview
- 8.8.6.2. Financial Performance
- 8.8.6.3. Product Benchmarking
- 8.8.6.4. Recent Developments
- 8.8.7. IBM Watson
- 8.8.7.1. Participant's Overview
- 8.8.7.2. Financial Performance
- 8.8.7.3. Product Benchmarking
- 8.8.7.4. Recent Developments
- 8.8.8. Jasper
- 8.8.8.1. Participant's Overview
- 8.8.8.2. Financial Performance
- 8.8.8.3. Product Benchmarking
- 8.8.8.4. Recent Developments
- 8.8.9. Stability AI
- 8.8.9.1. Participant's Overview
- 8.8.9.2. Financial Performance
- 8.8.9.3. Product Benchmarking
- 8.8.9.4. Recent Developments
- 8.8.10. Salesforce (Einstein)
- 8.8.10.1. Participant's Overview
- 8.8.10.2. Financial Performance
- 8.8.10.3. Product Benchmarking
- 8.8.10.4. Recent Developments
- 8.8.11. Grammarly
- 8.8.11.1. Participant's Overview
- 8.8.11.2. Financial Performance
- 8.8.11.3. Product Benchmarking
- 8.8.11.4. Recent Developments
- 8.8.12. Replika
- 8.8.12.1. Participant's Overview
- 8.8.12.2. Financial Performance
- 8.8.12.3. Product Benchmarking
- 8.8.12.4. Recent Developments
- 8.8.1. OpenAI
List of Tables
- Table 1 Global LLM Powered Tools Market by type, 2018 - 2030 (USD Million)
- Table 2 Global LLM Powered Tools Market by deployment, 2018 - 2030 (USD Million)
- Table 3 Global LLM Powered Tools Market by application, 2018 - 2030 (USD Million)
- Table 4 Global LLM Powered Tools Market by region, 2018 - 2030 (USD Million)
- Table 5 North America LLM Powered Tools Market by country, 2018 - 2030 (USD Million)
- Table 6 Europe LLM Powered Tools Market by country, 2018 - 2030 (USD Million)
- Table 7 Asia Pacific LLM Powered Tools Market by country, 2018 - 2030 (USD Million)
- Table 8 Latin America LLM Powered Tools Market by country, 2018 - 2030 (USD Million)
- Table 9 MEA LLM Powered Tools Market by country, 2018 - 2030 (USD Million)
- Table 10 Key companies launching new products/services
- Table 11 Key companies engaged in mergers & acquisition
- Table 12 Key companies engaged in Research & development
- Table 13 Key Companies engaged in expansion
List of Figures
- Fig. 1 LLM Powered Tools Market segmentation
- Fig. 2 Market research process
- Fig. 3 Information procurement
- Fig. 4 Primary research pattern
- Fig. 5 Market research approaches
- Fig. 6 Market formulation & validation
- Fig. 7 LLM Powered Tools Market snapshot
- Fig. 8 LLM Powered Tools Market segment snapshot
- Fig. 9 LLM Powered Tools Market competitive landscape snapshot
- Fig. 10 Market driver impact analysis
- Fig. 11 Market restraint impact analysis
- Fig. 12 LLM Powered Tools Market: Type outlook key takeaways (USD Million)
- Fig. 13 LLM Powered Tools Market: Type movement analysis 2024 & 2030 (USD Million)
- Fig. 14 General-Purpose Tools market revenue estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 15 Domain-Specific Tools market revenue estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 16 Task-Specific Tools market revenue estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 17 LLM Powered Tools Market: Deployment outlook key takeaways (USD Million)
- Fig. 18 LLM Powered Tools Market: Deployment movement analysis 2024 & 2030 (USD Million)
- Fig. 19 Cloud market revenue estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 20 On-Premises market revenue estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 21 LLM Powered Tools Market: Application outlook key takeaways (USD Million)
- Fig. 22 LLM Powered Tools Market: Application movement analysis 2024 & 2030 (USD Million)
- Fig. 23 Content Generation market revenue estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 24 Customer Support market revenue estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 25 Data Analysis and Insights market revenue estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 26 Software Development market revenue estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 27 Personalization market revenue estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 28 Language Translation market revenue estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 29 Education and Training market revenue estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 30 Creative Arts market revenue estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 31 Regional marketplace: Key takeaways
- Fig. 32 LLM Powered Tools Market: Regional outlook, 2024 & 2030 (USD Million)
- Fig. 33 North America LLM Powered Tools Market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 34 U.S. LLM Powered Tools Market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 35 Canada LLM Powered Tools Market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 36 Mexico LLM Powered Tools Market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 37 Europe LLM Powered Tools Market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 38 UK LLM Powered Tools Market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 39 Germany LLM Powered Tools Market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 40 France LLM Powered Tools Market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 41 Asia Pacific LLM Powered Tools Market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 42 China LLM Powered Tools Market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 43 Japan LLM Powered Tools Market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 44 India LLM Powered Tools Market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 45 South Korea LLM Powered Tools Market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 46 Australia LLM Powered Tools Market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 47 Latin America LLM Powered Tools Market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 48 Brazil LLM Powered Tools Market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 49 MEA LLM Powered Tools Market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 50 KSA LLM Powered Tools Market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 51 UAE LLM Powered Tools Market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 52 South Africa LLM Powered Tools Market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 53 Company Categorization
- Fig. 54 Company Market Positioning
- Fig. 55 Strategy framework
