Global Large Language Model (LLM) Market Research Report 2024

List of Tables

Global Large Language Model (LLM) market size in terms of revenue is projected to reach 259,817.73 Million USD by 2030 from 1,590.93 Million USD in 2023, with a CAGR 79.80% during 2024-2030.

North America market for Large Language Model (LLM) is estimated to increase from 848.65 million USD in 2023 to reach 105,545.17 million USD by 2030, at a CAGR of 72.17% during the forecast period of 2024 through 2030.

Europe market for Large Language Model (LLM) is estimated to increase from 270.61 million USD in 2023 to reach 50,087.73 million USD by 2030, at a CAGR of 83.30% during the forecast period of 2024 through 2030.

Asia-Pacific market for Large Language Model (LLM) is estimated to increase from 416.56 million USD in 2023 to reach 94,027.10 million USD by 2030, at a CAGR of 89.21% during the forecast period of 2024 through 2030.

Latin America market for Large Language Model (LLM) is estimated to increase from 25.86 million USD in 2023 to reach 4,803.20 million USD by 2030, at a CAGR of 83.54% during the forecast period of 2024 through 2030.

Middle East and Africa market for Large Language Model (LLM) is estimated to increase from 29.25 million USD in 2023 to reach 5,354.53 million USD by 2030, at a CAGR of 82.85% during the forecast period of 2024 through 2030.

The major global manufacturers of Large Language Model (LLM) include: Open AI(ChatGPT), Google(PaLM), Meta (LLaMA), AI21 Labs(Jurassic), Cohere, Anthropic(Claude), Microsoft(Turing-NLG, Orca), Huawei(Pangu), Naver(HyperCLOVA), Tencent(Hunyuan), etc. In 2023, the world's top five vendors accounted for approximately 88.22% of the revenue.

This report aims to provide a comprehensive presentation of the global market for Large Language Model (LLM), 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 Large Language Model (LLM).

The Large Language Model (LLM) market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Large Language Model (LLM) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Large Language Model (LLM) companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

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

1 Report Overview

1.1 Study Scope
1.2 Market Analysis by Type
- 1.2.1 Global Large Language Model (LLM) Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
- 1.2.2 Below 100 Billion Parameters
- 1.2.3 Above 100 Billion Parameters
1.3 Market by Application
- 1.3.1 Global Large Language Model (LLM) Market Growth by Application: 2019 VS 2023 VS 2030
- 1.3.2 Chatbots and Virtual Assistants
- 1.3.3 Content Generation
- 1.3.4 Language Translation
- 1.3.5 Code Development
- 1.3.6 Sentiment Analysis
- 1.3.7 Medical Diagnosis and Treatment
- 1.3.8 Education
- 1.3.9 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered

List of Tables

Table 1. Global Large Language Model (LLM) Market Size Growth Rate by Type (US$ Million): 2019 VS 2023 VS 2030
Table 2. Key Players of Below 100 Billion Parameters
Table 3. Key Players of Above 100 Billion Parameters
Table 4. Global Large Language Model (LLM) Market Size Growth by Application (US$ Million): 2019 VS 2023 VS 2030
Table 5. Global Large Language Model (LLM) Market Size by Region (US$ Million): 2019 VS 2023 VS 2030
Table 6. Global Large Language Model (LLM) Market Size by Region (2019-2024) & (US$ Million)
Table 7. Global Large Language Model (LLM) Market Share by Region (2019-2024)
Table 8. Global Large Language Model (LLM) Forecasted Market Size by Region (2025-2030) & (US$ Million)
Table 9. Global Large Language Model (LLM) Market Share by Region (2025-2030)
Table 10. Large Language Model (LLM) Market Trends
Table 11. Large Language Model (LLM) Market Drivers
Table 12. Large Language Model (LLM) Market Challenges
Table 13. Large Language Model (LLM) Market Restraints
Table 14. Global Large Language Model (LLM) Revenue by Players (2019-2024) & (US$ Million)
Table 15. Global Large Language Model (LLM) Market Share by Players (2019-2024)
Table 16. Global Top Large Language Model (LLM) Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Large Language Model (LLM) as of 2023)
Table 17. Ranking of Global Top Large Language Model (LLM) Companies by Revenue (US$ Million) in 2023
Table 18. Global 5 Largest Players Market Share by Large Language Model (LLM) Revenue (CR5 and HHI) & (2019-2024)
Table 19. Global Key Players of Large Language Model (LLM), Headquarters and Area Served
Table 20. Global Key Players of Large Language Model (LLM), Product and Application
Table 21. Global Key Players of Large Language Model (LLM), Date of Enter into This Industry
Table 22. Mergers & Acquisitions, Expansion Plans
Table 23. Global Large Language Model (LLM) Market Size by Type (2019-2024) & (US$ Million)
Table 24. Global Large Language Model (LLM) Revenue Market Share by Type (2019-2024)
Table 25. Global Large Language Model (LLM) Forecasted Market Size by Type (2025-2030) & (US$ Million)
Table 26. Global Large Language Model (LLM) Revenue Market Share by Type (2025-2030)
Table 27. Global Large Language Model (LLM) Market Size by Application (2019-2024) & (US$ Million)
Table 28. Global Large Language Model (LLM) Revenue Market Share by Application (2019-2024)
Table 29. Global Large Language Model (LLM) Forecasted Market Size by Application (2025-2030) & (US$ Million)
Table 30. Global Large Language Model (LLM) Revenue Market Share by Application (2025-2030)
Table 31. North America Large Language Model (LLM) Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030
Table 32. North America Large Language Model (LLM) Market Size by Country (2019-2024) & (US$ Million)
Table 33. North America Large Language Model (LLM) Market Size by Country (2025-2030) & (US$ Million)
Table 34. Europe Large Language Model (LLM) Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030
Table 35. Europe Large Language Model (LLM) Market Size by Country (2019-2024) & (US$ Million)
Table 36. Europe Large Language Model (LLM) Market Size by Country (2025-2030) & (US$ Million)
Table 37. Asia-Pacific Large Language Model (LLM) Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030
Table 38. Asia-Pacific Large Language Model (LLM) Market Size by Region (2019-2024) & (US$ Million)
Table 39. Asia-Pacific Large Language Model (LLM) Market Size by Region (2025-2030) & (US$ Million)
Table 40. Latin America Large Language Model (LLM) Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030
Table 41. Latin America Large Language Model (LLM) Market Size by Country (2019-2024) & (US$ Million)
Table 42. Latin America Large Language Model (LLM) Market Size by Country (2025-2030) & (US$ Million)
Table 43. Middle East & Africa Large Language Model (LLM) Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030
Table 44. Middle East & Africa Large Language Model (LLM) Market Size by Country (2019-2024) & (US$ Million)
Table 45. Middle East & Africa Large Language Model (LLM) Market Size by Country (2025-2030) & (US$ Million)
Table 46. Open AI Company Details
Table 47. Open AI Business Overview
Table 48. Open AI Large Language Model (LLM) Product
Table 49. Open AI Revenue in Large Language Model (LLM) Business (2019-2024) & (US$ Million)
Table 50. Open AI Recent Development
Table 51. Google Company Details
Table 52. Google Business Overview
Table 53. Google Large Language Model (LLM) Product
Table 54. Google Revenue in Large Language Model (LLM) Business (2019-2024) & (US$ Million)
Table 55. Google Recent Development
Table 56. Meta Company Details
Table 57. Meta Business Overview
Table 58. Meta Large Language Model (LLM) Product
Table 59. Meta Revenue in Large Language Model (LLM) Business (2019-2024) & (US$ Million)
Table 60. Meta Recent Development
Table 61. AI21 Labs Company Details
Table 62. AI21 Labs Business Overview
Table 63. AI21 Labs Large Language Model (LLM) Product
Table 64. AI21 Labs Revenue in Large Language Model (LLM) Business (2019-2024) & (US$ Million)
Table 65. AI21 Labs Recent Development
Table 66. Cohere Company Details
Table 67. Cohere Business Overview
Table 68. Cohere Large Language Model (LLM) Product
Table 69. Cohere Revenue in Large Language Model (LLM) Business (2019-2024) & (US$ Million)
Table 70. Cohere Recent Development
Table 71. Anthropic Company Details
Table 72. Anthropic Business Overview
Table 73. Anthropic Large Language Model (LLM) Product
Table 74. Anthropic Revenue in Large Language Model (LLM) Business (2019-2024) & (US$ Million)
Table 75. Anthropic Recent Development
Table 76. Microsoft Company Details
Table 77. Microsoft Business Overview
Table 78. Microsoft Large Language Model (LLM) Product
Table 79. Microsoft Revenue in Large Language Model (LLM) Business (2019-2024) & (US$ Million)
Table 80. Microsoft Recent Development
Table 81. Huawei Company Details
Table 82. Huawei Business Overview
Table 83. Huawei Large Language Model (LLM) Product
Table 84. Huawei Revenue in Large Language Model (LLM) Business (2019-2024) & (US$ Million)
Table 85. Huawei Recent Development
Table 86. Naver Company Details
Table 87. Naver Business Overview
Table 88. Naver Large Language Model (LLM) Product
Table 89. Naver Revenue in Large Language Model (LLM) Business (2019-2024) & (US$ Million)
Table 90. Naver Recent Development
Table 91. Tencent Company Details
Table 92. Tencent Business Overview
Table 93. Tencent Large Language Model (LLM) Product
Table 94. Tencent Revenue in Large Language Model (LLM) Business (2019-2024) & (US$ Million)
Table 95. Tencent Recent Development
Table 96. Yandex Company Details
Table 97. Yandex Business Overview
Table 98. Yandex Large Language Model (LLM) Product
Table 99. Yandex Revenue in Large Language Model (LLM) Business (2019-2024) & (US$ Million)
Table 100. Yandex Recent Development
Table 101. Amazon Company Details
Table 102. Amazon Business Overview
Table 103. Amazon Large Language Model (LLM) Product
Table 104. Amazon Revenue in Large Language Model (LLM) Business (2019-2024) & (US$ Million)
Table 105. Amazon Recent Development
Table 106. Alibaba Company Details
Table 107. Alibaba Business Overview
Table 108. Alibaba Large Language Model (LLM) Product
Table 109. Alibaba Revenue in Large Language Model (LLM) Business (2019-2024) & (US$ Million)
Table 110. Alibaba Recent Development
Table 111. Baidu Company Details
Table 112. Baidu Business Overview
Table 113. Baidu Large Language Model (LLM) Product
Table 114. Baidu Revenue in Large Language Model (LLM) Business (2019-2024) & (US$ Million)
Table 115. Baidu Recent Development
Table 116. Technology Innovation Institute (TII) Company Details
Table 117. Technology Innovation Institute (TII) Business Overview
Table 118. Technology Innovation Institute (TII) Large Language Model (LLM) Product
Table 119. Technology Innovation Institute (TII) Revenue in Large Language Model (LLM) Business (2019-2024) & (US$ Million)
Table 120. Technology Innovation Institute (TII) Recent Development
Table 121. Crowdworks Company Details
Table 122. Crowdworks Business Overview
Table 123. Crowdworks Large Language Model (LLM) Product
Table 124. Crowdworks Revenue in Large Language Model (LLM) Business (2019-2024) & (US$ Million)
Table 125. Crowdworks Recent Development
Table 126. NEC Company Details
Table 127. NEC Business Overview
Table 128. NEC Large Language Model (LLM) Product
Table 129. NEC Revenue in Large Language Model (LLM) Business (2019-2024) & (US$ Million)
Table 130. NEC Recent Development
Table 131. Research Programs/Design for This Report
Table 132. Key Data Information from Secondary Sources
Table 133. Key Data Information from Primary Sources
Table 134. Authors List of This Report

Figure 1. Large Language Model (LLM) Picture
Figure 2. Global Large Language Model (LLM) Market Size Comparison by Type (2019-2030) & (US$ Million)
Figure 3. Global Large Language Model (LLM) Market Share by Type: 2023 VS 2030
Figure 4. Below 100 Billion Parameters Features
Figure 5. Above 100 Billion Parameters Features
Figure 6. Global Large Language Model (LLM) Market Size by Application (2019-2030) & (US$ Million)
Figure 7. Global Large Language Model (LLM) Market Share by Application: 2023 VS 2030
Figure 8. Chatbots and Virtual Assistants Case Studies
Figure 9. Content Generation Case Studies
Figure 10. Language Translation Case Studies
Figure 11. Code Development Case Studies
Figure 12. Sentiment Analysis Case Studies
Figure 13. Medical Diagnosis and Treatment Case Studies
Figure 14. Education Case Studies
Figure 15. Fraud Detection Case Studies
Figure 16. Large Language Model (LLM) Report Years Considered
Figure 17. Global Large Language Model (LLM) Market Size (US$ Million), Year-over-Year: 2019-2030
Figure 18. Global Large Language Model (LLM) Market Size, (US$ Million), 2019 VS 2023 VS 2030
Figure 19. Global Large Language Model (LLM) Market Share by Region: 2023 VS 2030
Figure 20. Global Large Language Model (LLM) Market Share by Players in 2023
Figure 21. Global Top Large Language Model (LLM) Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Large Language Model (LLM) as of 2023)
Figure 22. The Top 10 and 5 Players Market Share by Large Language Model (LLM) Revenue in 2023
Figure 23. North America Large Language Model (LLM) Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 24. North America Large Language Model (LLM) Market Share by Country (2019-2030)
Figure 25. United States Large Language Model (LLM) Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 26. Canada Large Language Model (LLM) Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 27. Europe Large Language Model (LLM) Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 28. Europe Large Language Model (LLM) Market Share by Country (2019-2030)
Figure 29. Germany Large Language Model (LLM) Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 30. France Large Language Model (LLM) Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 31. U.K. Large Language Model (LLM) Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 32. Italy Large Language Model (LLM) Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 33. Russia Large Language Model (LLM) Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 34. Asia-Pacific Large Language Model (LLM) Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 35. Asia-Pacific Large Language Model (LLM) Market Share by Region (2019-2030)
Figure 36. China Large Language Model (LLM) Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 37. Japan Large Language Model (LLM) Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 38. South Korea Large Language Model (LLM) Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 39. Southeast Asia Large Language Model (LLM) Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 40. India Large Language Model (LLM) Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 41. Australia Large Language Model (LLM) Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 42. Latin America Large Language Model (LLM) Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 43. Latin America Large Language Model (LLM) Market Share by Country (2019-2030)
Figure 44. Mexico Large Language Model (LLM) Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 45. Brazil Large Language Model (LLM) Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 46. Middle East & Africa Large Language Model (LLM) Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 47. Middle East & Africa Large Language Model (LLM) Market Share by Country (2019-2030)
Figure 48. Saudi Arabia Large Language Model (LLM) Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 49. UAE Large Language Model (LLM) Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 50. Egypt Large Language Model (LLM) Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 51. Israel Large Language Model (LLM) Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 52. Open AI Revenue Growth Rate in Large Language Model (LLM) Business (2019-2024)
Figure 53. Google Revenue Growth Rate in Large Language Model (LLM) Business (2019-2024)
Figure 54. Meta Revenue Growth Rate in Large Language Model (LLM) Business (2019-2024)
Figure 55. AI21 Labs Revenue Growth Rate in Large Language Model (LLM) Business (2019-2024)
Figure 56. Cohere Revenue Growth Rate in Large Language Model (LLM) Business (2019-2024)
Figure 57. Anthropic Revenue Growth Rate in Large Language Model (LLM) Business (2019-2024)
Figure 58. Microsoft Revenue Growth Rate in Large Language Model (LLM) Business (2019-2024)
Figure 59. Huawei Revenue Growth Rate in Large Language Model (LLM) Business (2019-2024)
Figure 60. Naver Revenue Growth Rate in Large Language Model (LLM) Business (2019-2024)
Figure 61. Tencent Revenue Growth Rate in Large Language Model (LLM) Business (2019-2024)
Figure 62. Yandex Revenue Growth Rate in Large Language Model (LLM) Business (2019-2024)
Figure 63. Amazon Revenue Growth Rate in Large Language Model (LLM) Business (2019-2024)
Figure 64. Alibaba Revenue Growth Rate in Large Language Model (LLM) Business (2019-2024)
Figure 65. Baidu Revenue Growth Rate in Large Language Model (LLM) Business (2019-2024)
Figure 66. Technology Innovation Institute (TII) Revenue Growth Rate in Large Language Model (LLM) Business (2019-2024)
Figure 67. Crowdworks Revenue Growth Rate in Large Language Model (LLM) Business (2019-2024)
Figure 68. NEC Revenue Growth Rate in Large Language Model (LLM) Business (2019-2024)
Figure 69. Bottom-up and Top-down Approaches for This Report
Figure 70. Data Triangulation
Figure 71. Key Executives Interviewed 180

Global Large Language Model (LLM) Market Research Report 2024

Description

Table of Contents

List of Tables

Market Segmentation

By Company

Segment by Type

Segment by Application

By Region

Chapter Outline

Table of Contents

1 Report Overview

2 Global Growth Trends

3 Competition Landscape by Key Players

4 Large Language Model (LLM) Breakdown Data by Type

5 Large Language Model (LLM) Breakdown Data by Application

6 North America

7 Europe

8 Asia-Pacific

9 Latin America

10 Middle East & Africa

11 Key Players Profiles

12 Analyst's Viewpoints/Conclusions

13 Appendix

List of Tables

List of Figures