According to a market report by Lucintel, the future of the global AI language model market looks promising with opportunities in the text editing, programming, translation, arithmetic, image description, and visual question answering markets. The global AI language model market is expected to grow with a CAGR of 30.2% from 2024 to 2030. The major drivers for this market are the growing need for automated customer service & content generation, increasing volume of digital data for training AI models, and rising investments from tech giants & startups in AI research and development.
A more
than 150-page report to understand trends, opportunity and forecast in global AI
language model market to 2030 by type (hundreds of billions of parameters and
trillions of parameters), application (text editing, programming, translation,
arithmetic, image description, visual question answering, and others), and
region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel
forecasts that hundreds of billions of parameter is expected to witness higher
growth over the forecast period.
Within
this market, text editing is expected to witness the highest growth.
Download
sample by clicking on AI language model
market.
APAC is
expected to witness the highest growth over the forecast period.
Open AI,
Google, Microsoft, Meta, Amazon, Baidu, Deepmind, Anthropic, Alibaba, Huawei are
the major suppliers in the AI
language model market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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