Large Language Model (LLM) Market
The Large Language Model (LLM) market consists of advanced AI models trained on vast datasets for language-related tasks. The primary customers are enterprises across various sectors, such as BFSI and healthcare, aiming to enhance operational efficiency and gain a competitive edge. Key growth drivers include advancements in hardware like GPUs and TPUs, the vast availability of internet data for training, and the development of more autonomous learning techniques like transfer and self-supervised learning.
CAGR
36.8%
Compound Annual Growth Rate
Current Value
$10.7B
Estimated 2026
Projected Value
$130.7B
By 2034
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