Product Code: GVR-4-68040-186-2
Large Language Model Market Growth & Trends:
The global large language model market size is anticipated to reach USD 35,434.4 million by 2030 and it is projected to grow at a CAGR of 36.9% from 2025 to 2030, according to a new report by Grand View Research, Inc. The increasing demand for Natural Language Processing (NLP) applications is propelling the large language model (llm) market growth. These models encompass various tasks like condensing text, analyzing sentiments, generating content, translating languages, and creating chatbots and virtual assistants. These large language models play a crucial role in the age of conversational AI and data-centric decision-making by serving as the foundation for interpreting, analyzing, and generating human-like text, enabling these applications.
Large language models play a key role in content creation, increasingly utilized by businesses to automate the generation of marketing, journalism, and advertising materials. Owing to this automation, these models have become indispensable for content-centric enterprises, ensuring not only time and cost savings but also consistent and high-quality outputs. Robust language models capable of comprehending and processing vast amounts of digital text data from sources like social media, websites, and documents have become imperative due to the sheer abundance of such data. Improved training methods for large language models now enable more effective and precise responses that align better with context and accuracy.
In North America, there has been a noteworthy shift toward the development of robust ethical structures and the promotion of responsible AI use, particularly regarding large language models. The focus on developing and adhering to ethical norms when deploying these models has intensified as concerns about prejudice, fairness, and ethical implications of AI grow. Companies and other organizations are actively engaged in discussions and initiatives addressing ethical challenges, with an emphasis on ensuring that AI systems are transparent, equitable, and responsible. There's also a noticeable attempt to adhere to governance standards and laws designed with large language models in mind.
Large Language Model Market Report Highlights:
- Based on application, the chatbots and virtual assistant segment led the market with the largest revenue share of 26.8% in 2024.
- Based on deployment, the on-premise segment accounted for the largest market revenue share in 2024, driven by businesses' need for greater control over their data and security.
- Based on industry vertical, the retail and e-commerce segment accounted for the largest market revenue share in 2024.
- North America dominated the large language models market with the largest revenue share of 32.1% in 2024, driven by its advanced technology infrastructure and the presence of major AI-focused companies.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Insights
- 2.2. Segmental Outlook
- 2.3. Competitive Outlook
Chapter 3. Large Language Models Market Variables, Trends & Scope
- 3.1. Global Large Language Models Market Outlook
- 3.2. Industry Value Chain Analysis
- 3.3. Market Dynamics
- 3.3.1. Market Driver Analysis
- 3.3.2. Market Restraint Analysis
- 3.3.3. Industry Challenges
- 3.4. Porter's Five Forces Analysis
- 3.4.1. Supplier Power
- 3.4.2. Buyer Power
- 3.4.3. Substitution Threat
- 3.4.4. Threat from New Entrant
- 3.4.5. Competitive Rivalry
- 3.5. PESTEL Analysis
- 3.5.1. Political Landscape
- 3.5.2. Economic Landscape
- 3.5.3. Social Landscape
- 3.5.4. Technological Landscape
- 3.5.5. Environmental Landscape
- 3.5.6. Legal Landscape
Chapter 4. Large Language Models Market: Application Outlook Estimates & Forecasts
- 4.1. Large Language Models Market: Application Movement Analysis, 2024 & 2030
- 4.1.1. Customer Service
- 4.1.1.1. Customer Service Large Language Models Market estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.1.2. Content Generation
- 4.1.2.1. Content Generation Large Language Models Market estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.1.3. Sentiment Analysis
- 4.1.3.1. Sentiment Analysis Large Language Models Market estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.1.4. Code generation
- 4.1.4.1. Code generation Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.1.5. Chatbots and Virtual Assistant
- 4.1.5.1. Chatbots and Virtual Assistant Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.1.6. Language Translation
- 4.1.6.1. Language Translation Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. Large Language Models Market: Deployment Outlook Estimates & Forecasts
- 5.1. Large Language Models Market: Deployment Movement Analysis, 2024 & 2030
- 5.1.1. Cloud
- 5.1.1.1. Cloud Market estimates and forecast, 2018 - 2030 (USD Million)
- 5.1.2. On-premises
- 5.1.2.1. On-premises Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 6. Large Language Models Market: Industry Vertical Outlook Estimates & Forecasts
- 6.1. Large Language Models Market: Industry Vertical Movement Analysis, 2024 & 2030
- 6.1.1. Healthcare
- 6.1.1.1. Healthcare Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.1.2. Finance
- 6.1.2.1. Finance Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.1.3. Retail And E-commerce
- 6.1.3.1. Retail And E-commerce Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.1.4. Media And Entertainment
- 6.1.4.1. Media And Entertainment Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.1.5. Others
- 6.1.5.1. Others market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 7. Large Language Models Market: Regional Estimates & Trend Analysis
- 7.1. Large Language Models Market Share, By Region, 2024 & 2030, USD Million
- 7.2. North America
- 7.2.1. North America Large Language Models Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.2. North America Large Language Models Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Million)
- 7.2.3. North America Large Language Models Market Estimates and Forecasts, by Deployment, 2018 - 2030 (USD Million)
- 7.2.4. North America Large Language Models Market Estimates and Forecasts, by Industry Vertical, 2018 - 2030 (USD Million)
- 7.2.5. U.S.
- 7.2.5.1. U.S. Large Language Models Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.5.2. U.S. Large Language Models Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Million)
- 7.2.5.3. U.S. Large Language Models Market Estimates and Forecasts, by Deployment, 2018 - 2030 (USD Million)
- 7.2.5.4. U.S. Large Language Models Market Estimates and Forecasts, by Industry Vertical, 2018 - 2030 (USD Million)
- 7.2.6. Canada
- 7.2.6.1. Canada Large Language Models Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.6.2. Canada Large Language Models Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Million)
- 7.2.6.3. Canada Large Language Models Market Estimates and Forecasts, by Deployment, 2018 - 2030 (USD Million)
- 7.2.6.4. Canada Large Language Models Market Estimates and Forecasts, by Industry Vertical, 2018 - 2030 (USD Million)
- 7.2.7. Mexico
- 7.2.7.1. Mexico Large Language Models Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.7.2. Mexico Large Language Models Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Million)
- 7.2.7.3. Mexico Large Language Models Market Estimates and Forecasts, by Deployment, 2018 - 2030 (USD Million)
- 7.2.7.4. Mexico Large Language Models Market Estimates and Forecasts, by Industry Vertical, 2018 - 2030 (USD Million)
- 7.3. Europe
- 7.3.1. Europe Large Language Models Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.2. Europe Large Language Models Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Million)
- 7.3.3. Europe Large Language Models Market Estimates and Forecasts, by Deployment, 2018 - 2030 (USD Million)
- 7.3.4. Europe Large Language Models Market Estimates and Forecasts, by Industry Vertical, 2018 - 2030 (USD Million)
- 7.3.5. UK
- 7.3.5.1. UK Large Language Models Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.5.2. UK Large Language Models Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Million)
- 7.3.5.3. UK Large Language Models Market Estimates and Forecasts, by Deployment, 2018 - 2030 (USD Million)
- 7.3.5.4. UK Large Language Models Market Estimates and Forecasts, by Industry Vertical, 2018 - 2030 (USD Million)
- 7.3.6. Germany
- 7.3.6.1. Germany Large Language Models Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.6.2. Germany Large Language Models Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Million)
- 7.3.6.3. Germany Large Language Models Market Estimates and Forecasts, by Deployment, 2018 - 2030 (USD Million)
- 7.3.6.4. Germany Large Language Models Market Estimates and Forecasts, by Industry Vertical, 2018 - 2030 (USD Million)
- 7.3.7. France
- 7.3.7.1. France Large Language Models Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.7.2. France Large Language Models Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Million)
- 7.3.7.3. France Large Language Models Market Estimates and Forecasts, by Deployment, 2018 - 2030 (USD Million)
- 7.3.7.4. France Large Language Models Market Estimates and Forecasts, by Industry Vertical, 2018 - 2030 (USD Million)
- 7.4. Asia Pacific
- 7.4.1. Asia Pacific Large Language Models Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.2. Asia Pacific Large Language Models Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Million)
- 7.4.3. Asia Pacific Large Language Models Market Estimates and Forecasts, by Deployment, 2018 - 2030 (USD Million)
- 7.4.4. Asia Pacific Large Language Models Market Estimates and Forecasts, by Industry Vertical, 2018 - 2030 (USD Million)
- 7.4.5. China
- 7.4.5.1. China Large Language Models Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.5.2. China Large Language Models Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Million)
- 7.4.5.3. China Large Language Models Market Estimates and Forecasts, by Deployment, 2018 - 2030 (USD Million)
- 7.4.5.4. China Large Language Models Market Estimates and Forecasts, by Industry Vertical, 2018 - 2030 (USD Million)
- 7.4.6. Japan
- 7.4.6.1. Japan Large Language Models Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.6.2. Japan Large Language Models Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Million)
- 7.4.6.3. Japan Large Language Models Market Estimates and Forecasts, by Deployment, 2018 - 2030 (USD Million)
- 7.4.6.4. Japan Large Language Models Market Estimates and Forecasts, by Industry Vertical, 2018 - 2030 (USD Million)
- 7.4.7. India
- 7.4.7.1. India Large Language Models Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.7.2. India Large Language Models Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Million)
- 7.4.7.3. India Large Language Models Market Estimates and Forecasts, by Deployment, 2018 - 2030 (USD Million)
- 7.4.7.4. India Large Language Models Market Estimates and Forecasts, by Industry Vertical, 2018 - 2030 (USD Million)
- 7.4.8. Australia
- 7.4.8.1. Australia Large Language Models Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.8.2. Australia Large Language Models Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Million)
- 7.4.8.3. Australia Large Language Models Market Estimates and Forecasts, by Deployment, 2018 - 2030 (USD Million)
- 7.4.8.4. Australia Large Language Models Market Estimates and Forecasts, by Industry Vertical, 2018 - 2030 (USD Million)
- 7.4.9. South Korea
- 7.4.9.1. South Korea Large Language Models Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.9.2. South Korea Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Million)
- 7.4.9.3. South Korea Large Language Models Market Estimates and Forecasts, by Deployment, 2018 - 2030 (USD Million)
- 7.4.9.4. South Korea Large Language Models Market Estimates and Forecasts, by Industry Vertical, 2018 - 2030 (USD Million)
- 7.5. Latin America
- 7.5.1. Latin America Large Language Models Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5.2. Latin America Large Language Models Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Million)
- 7.5.3. Latin America Large Language Models Market Estimates and Forecasts, by Deployment, 2018 - 2030 (USD Million)
- 7.5.4. Latin America Large Language Models Market Estimates and Forecasts, by Industry Vertical, 2018 - 2030 (USD Million)
- 7.5.5. Brazil
- 7.5.5.1. Brazil Large Language Models Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5.5.2. Brazil Large Language Models Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Million)
- 7.5.5.3. Brazil Large Language Models Market Estimates and Forecasts, by Deployment, 2018 - 2030 (USD Million)
- 7.5.5.4. Brazil Large Language Models Market Estimates and Forecasts, by Industry Vertical, 2018 - 2030 (USD Million)
- 7.6. Middle East and Africa
- 7.6.1. Middle East and Africa Large Language Models Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.2. Middle East and Africa Large Language Models Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Million)
- 7.6.3. Middle East and Africa Large Language Models Market Estimates and Forecasts, by Deployment, 2018 - 2030 (USD Million)
- 7.6.4. Middle East and Africa Large Language Models Market Estimates and Forecasts, by Industry Vertical, 2018 - 2030 (USD Million)
- 7.6.5. UAE
- 7.6.5.1. UAE Large Language Models Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.5.2. UAE Large Language Models Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Million)
- 7.6.5.3. UAE Large Language Models Market Estimates and Forecasts, by Deployment, 2018 - 2030 (USD Million)
- 7.6.5.4. UAE Large Language Models Market Estimates and Forecasts, by Industry Vertical, 2018 - 2030 (USD Million)
- 7.6.6. KSA
- 7.6.6.1. KSA Large Language Models Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.6.2. KSA Large Language Models Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Million)
- 7.6.6.3. KSA Large Language Models Market Estimates and Forecasts, by Deployment, 2018 - 2030 (USD Million)
- 7.6.6.4. KSA Large Language Models Market Estimates and Forecasts, by Industry Vertical, 2018 - 2030 (USD Million)
- 7.6.7. South Africa
- 7.6.7.1. South Africa Large Language Models Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.7.2. South Africa Large Language Models Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Million)
- 7.6.7.3. South Africa Large Language Models Market Estimates and Forecasts, by Deployment, 2018 - 2030 (USD Million)
- 7.6.7.4. South Africa Large Language Models Market Estimates and Forecasts, by Industry Vertical, 2018 - 2030 (USD Million)
Chapter 8. Competitive Landscape
- 8.1. Recent Developments & Impact Analysis, By Key Market Participants
- 8.2. Vendor Landscape
- 8.2.1. Company categorization
- 8.2.2. List of Key Distributors and channel Partners
- 8.2.3. List of Potential Customers/Listing
- 8.3. Competitive Dynamics
- 8.3.1. Competitive Benchmarking
- 8.3.2. Strategy Mapping
- 8.3.3. Heat Map Analysis
- 8.4. Company Profiles/Listing
- 8.4.1. Alibaba Group Holding Limited
- 8.4.1.1. Participant's overview
- 8.4.1.2. Financial performance
- 8.4.1.3. Platform benchmarking
- 8.4.1.4. Strategic initiatives
- 8.4.2. Amazon.com, Inc.
- 8.4.2.1. Participant's overview
- 8.4.2.2. Financial performance
- 8.4.2.3. Platform benchmarking
- 8.4.2.4. Strategic initiatives
- 8.4.3. Baidu, Inc.
- 8.4.3.1. Participant's overview
- 8.4.3.2. Financial performance
- 8.4.3.3. Platform benchmarking
- 8.4.3.4. Strategic initiatives
- 8.4.4. Google LLC
- 8.4.4.1. Participant's overview
- 8.4.4.2. Financial performance
- 8.4.4.3. Platform benchmarking
- 8.4.4.4. Strategic initiatives
- 8.4.5. Huawei Technologies Co., Ltd.
- 8.4.5.1. Participant's overview
- 8.4.5.2. Financial performance
- 8.4.5.3. Platform benchmarking
- 8.4.5.4. Strategic initiatives
- 8.4.6. Meta Platforms, Inc.
- 8.4.6.1. Participant's overview
- 8.4.6.2. Financial performance
- 8.4.6.3. Platform benchmarking
- 8.4.6.4. Strategic initiatives
- 8.4.7. Microsoft
- 8.4.7.1. Participant's overview
- 8.4.7.2. Financial performance
- 8.4.7.3. Platform benchmarking
- 8.4.7.4. Strategic initiatives
- 8.4.8. OpenAI LP
- 8.4.8.1. Participant's overview
- 8.4.8.2. Financial performance
- 8.4.8.3. Platform benchmarking
- 8.4.8.4. Strategic initiatives
- 8.4.9. Tencent Holdings Limited
- 8.4.9.1. Participant's overview
- 8.4.9.2. Financial performance
- 8.4.9.3. Platform benchmarking
- 8.4.9.4. Strategic initiatives
- 8.4.10. Yandex NV
- 8.4.10.1. Participant's overview
- 8.4.10.2. Financial performance
- 8.4.10.3. Platform benchmarking
- 8.4.10.4. Strategic initiatives