Posts

Showing posts with the label Large Language Model Market Share

Large Language Model Market Expected To Grow With USD 35.43 Billion By 2030

Image
  San Francisco, 20 May 2024:  The Report  Large Language Model Market  Size, Share & Trends Analysis Report By Application (Customer Service, Content Generation), By Deployment, By Industry Vertical, By Region, And Segment Forecasts, 2024 - 2030 The global large language model market size is anticipated to reach USD 35.43 billion by 2030 and it is projected to grow at a CAGR of 35.9% from 2024 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 Model Market Expected To Grow With USD 35.43 Billion By 2030

Image
  San Francisco, 10 April 2024:  The Report  Large Language Model Market  Size, Share & Trends Analysis Report By Application (Customer Service, Content Generation), By Deployment, By Industry Vertical, By Region, And Segment Forecasts, 2024 - 2030 The global large language model market size is anticipated to reach USD 35.43 billion by 2030 and it is projected to grow at a CAGR of 35.9% from 2024 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 application