Global Large Language Model Market Size & Outlook
Global large language model market, 2018-2030 (US$M)
Related Markets
Global large language model market highlights
- The global large language model market generated a revenue of USD 5,617.3 million in 2024 and is expected to reach USD 35,434.4 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 36.9% by 2030.
- In terms of segment, chatbots and virtual assistant accounted for a revenue of USD 2,001.2 million in 2024.
- Chatbots and Virtual Assistant is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2024.
- Country-wise, Japan is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 5,617.3 million |
| Market revenue in 2030 | USD 35,434.4 million |
| Growth rate | 36.9% (CAGR from 2025 to 2030) |
| Largest segment | Chatbots and virtual assistant |
| Fastest growing segment | Chatbots and Virtual Assistant |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Customer Service, Content generation, Sentiment analysis, Code generation, Chatbots and Virtual Assistant, Language Translation |
Other key industry trends
- In terms of revenue, the North America accounted for 32.1% of the global large language model market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Japan is the fastest growing regional market and is projected to reach USD 2,113.8 million by 2030.
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Large Language Model Market Scope
Large Language Model Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Huawei Technologies Co., Ltd. | View profile | - | - | - |
| Microsoft Corporation | View profile | - | - | - |
| Alibaba Group Holding Limited | View profile | - | - | - |
| Amazon.com, Inc. | View profile | - | - | - |
| Google LLC | View profile | - | - | - |
| Yandex NV Shs Class-A- | View profile | 26361 | Schiphol Boulevard 165, Schiphol P7, Schiphol, Netherlands, 1118 BG | https://www.yandex.com |
| OpenAI | View profile | 501-1000 | San Francisco, California, United States, North America | https://www.openai.com |
| Baidu Inc ADR | View profile | 45500 | No. 10 Shangdi 10th Street, Baidu Campus, Haidian District, Beijing, China, People's Republic of, 100085 | https://ir.baidu.com |
| Meta Platforms Inc Class A | View profile | 69329 | 1 Meta Way, Menlo Park, CA, United States, 94025 | https://about.meta.com |
| Tencent Holdings Ltd ADR | View profile | 104787 | No. 33 Haitian 2nd Road, Tencent Binhai Towers, Nanshan District, Shenzhen, China, People's Republic of, 518054 | http://www.tencent.com |
Global large language model market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to large language model market will help companies and investors design strategic landscapes.
Chatbots and virtual assistant was the largest segment with a revenue share of 35.63% in 2024. Horizon Databook has segmented the Global large language model market based on customer service, content generation, sentiment analysis, code generation, chatbots and virtual assistant, language translation covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Large Language Model Application Outlook (Revenue, USD Million, 2018-2030)
- Customer Service
- Content generation
- Sentiment analysis
- Code generation
- Chatbots and Virtual Assistant
- Language Translation
- Global Large Language Model Deployment Model Outlook (Revenue, USD Million, 2018-2030)
- Cloud
- On-Premise
- Global Large Language Model Industry Verticals Outlook (Revenue, USD Million, 2018-2030)
- Healthcare
- Finance
- Retail and E-commerce
- Media and entertainment
- Others
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Target buyers of Global large language model market databook
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Our clientele includes a mix of large language model market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global large language model market , including forecasts for subscribers. This global databook contains high-level insights into Global large language model market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global large language model market size, by regions, 2018-2030 (US$M)
Top 10 countries: Large language model market size, 2024 (US$M)
Global large language model market share, by application, 2024 & 2030 (%, US$M)
Large language model market: Opportunity assessment by country
Global large language model market, by region, 2024 (US$M)
Related statistics
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