Press release
Global Large Language Model(LLM) Market Research Report 2023
Global Large Language Model(LLM) MarketLarge Language Model refers to a model with a large capacity for deep learning tasks, usually with a large number of parameters and complex architecture. The Large Language Model has better versatility, accuracy, and efficiency. It can learn on large data sets through pre-training or other methods, and then efficiently handle complex tasks such as computer vision and natural language processing through fine-tuning.
The global Large Language Model(LLM) market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
North American market for Large Language Model(LLM) is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
Asia-Pacific market for Large Language Model(LLM) is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The global market for Large Language Model(LLM) in Medical is estimated to increase from $ million in 2023 to $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The key global companies of Large Language Model(LLM) include Meta, AI21 Labs, Tencent, Yandex, DeepMind, Naver, Open AI, Google and Microsoft, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.
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Key Segmentations
By Company
Meta
AI21 Labs
Tencent
Yandex
DeepMind
Naver
Open AI
Microsoft
Meta
Amazon
Baidu
Deepmind
Anthropic
Alibaba
Huawei
Segment by Type
Hundreds of Billions of Parameters
Trillions of Parameters
Segment by Application
Medical
Minancial
Industrial
Education
Others
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SIMILAR REPORT
https://reports.valuates.com/market-reports/QYRE-Auto-7L853/global-ai-in-telecommunication
https://reports.valuates.com/market-reports/QYRE-Auto-24M352/deep-learning
https://reports.valuates.com/market-reports/QYRE-Othe-2A200/machine-vision
https://reports.valuates.com/market-reports/QYRE-Auto-19M6150/global-machine-translation
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