PUBLISHER: KBV Research | PRODUCT CODE: 1431385
PUBLISHER: KBV Research | PRODUCT CODE: 1431385
Europe Large Language Model Market Size, Share & Trends Analysis Report By Deployment, By Vertical (Retail & E-commerce, Media & Entertainment, Finance, Healthcare, and Others), By Application, By Country and Growth Forecast, 2023 - 2030
The Europe Large Language Model Market would witness market growth of 33.8% CAGR during the forecast period (2023-2030).
Legal professionals' benefit from large language models for document analysis, contract review, and legal research. The models assist in processing vast amounts of legal text, extracting relevant information, and streamlining legal workflows. The precision and speed brought by these models are reshaping the landscape of legal document analysis. It can identify and extract critical information such as case details, legal precedents, and relevant facts from legal documents. This assists legal professionals in quickly obtaining insights without requiring exhaustive manual review. Detecting anomalies or irregularities within legal documents is a crucial aspect of document analysis. It can identify inconsistencies, flag potential issues, and contribute to due diligence processes.
Furthermore, retail businesses deploy large language models to enhance customer engagement through chatbots, providing product recommendations, answering queries, and streamlining the online shopping experience. The models contribute to personalized interactions, ultimately driving sales and customer satisfaction. Scientific literature analysis, idea generation, and knowledge extraction are areas where large language models showcase their prowess in research and development. These models aid researchers in sifting through vast volumes of scientific literature, identifying trends, and accelerating the pace of discovery. Moreover, It supports human resources functions by automating tasks like resume screening and employee communication analysis. The models contribute to efficient hiring processes and provide valuable insights into employee engagement and communication dynamics.
Moreover, it can be integrated into virtual assistants and chatbots to facilitate patient interactions. In the UK healthcare sector, these virtual assistants can provide patient information, schedule appointments, and answer queries, improving patient engagement and satisfaction. In addition, as per the Office for National Statistics, in 2020, healthcare expenditures in the United Kingdom amounted to £257.6 billion, which is equivalent to £3,840 per individual. Furthermore, in 2020, healthcare expenditures in the United Kingdom comprised 12.0% of the country's gross domestic product (GDP). Therefore, the growing healthcare sector in Europe will increase the demand for large language models.
The Germany market dominated the Europe Large Language Model Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2,014.4 million by 2030. The UK market is showcasing a CAGR of 32.5% during (2023 - 2030). Additionally, The France market would register a CAGR of 34.8% during (2023 - 2030).
Based on Deployment, the market is segmented into On-premise, and Cloud. Based on Vertical, the market is segmented into Retail & E-commerce, Media & Entertainment, Finance, Healthcare, and Others. Based on Application, the market is segmented into Chatbots & Virtual Assistant, Customer Service, Content Generation, Sentiment Analysis, Code Generation, and Language Translation. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Baidu, Inc.
- Google LLC (Alphabet Inc.)
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- Meta Platforms, Inc.
- Microsoft Corporation
- OpenAI, LLC
- Yandex N.V.
- IBM Corporation
- NVIDIA Corporation
Europe Large Language Model Market Report Segmentation
By Deployment
- On-premise
- Cloud
By Vertical
- Retail & E-commerce
- Media & Entertainment
- Finance
- Healthcare
- Others
By Application
- Chatbots & Virtual Assistant
- Customer Service
- Content Generation
- Sentiment Analysis
- Code Generation
- Language Translation
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Europe Large Language Model Market, by Deployment
- 1.4.2 Europe Large Language Model Market, by Vertical
- 1.4.3 Europe Large Language Model Market, by Application
- 1.4.4 Europe Large Language Model Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- 3.3 Porter Five Forces Analysis
Chapter 4. Strategies Deployed in Large Language Model Market
Chapter 5. Europe Large Language Model Market by Deployment
- 5.1 Europe On-premise Market by Country
- 5.2 Europe Cloud Market by Country
Chapter 6. Europe Large Language Model Market by Vertical
- 6.1 Europe Retail & E-commerce Market by Country
- 6.2 Europe Media & Entertainment Market by Country
- 6.3 Europe Finance Market by Country
- 6.4 Europe Healthcare Market by Country
- 6.5 Europe Others Market by Country
Chapter 7. Europe Large Language Model Market by Application
- 7.1 Europe Chatbots & Virtual Assistant Market by Country
- 7.2 Europe Customer Service Market by Country
- 7.3 Europe Content Generation Market by Country
- 7.4 Europe Sentiment Analysis Market by Country
- 7.5 Europe Code Generation Market by Country
- 7.6 Europe Language Translation Market by Country
Chapter 8. Europe Large Language Model Market by Country
- 8.1 Germany Large Language Model Market
- 8.1.1 Germany Large Language Model Market by Deployment
- 8.1.2 Germany Large Language Model Market by Vertical
- 8.1.3 Germany Large Language Model Market by Application
- 8.2 UK Large Language Model Market
- 8.2.1 UK Large Language Model Market by Deployment
- 8.2.2 UK Large Language Model Market by Vertical
- 8.2.3 UK Large Language Model Market by Application
- 8.3 France Large Language Model Market
- 8.3.1 France Large Language Model Market by Deployment
- 8.3.2 France Large Language Model Market by Vertical
- 8.3.3 France Large Language Model Market by Application
- 8.4 Russia Large Language Model Market
- 8.4.1 Russia Large Language Model Market by Deployment
- 8.4.2 Russia Large Language Model Market by Vertical
- 8.4.3 Russia Large Language Model Market by Application
- 8.5 Spain Large Language Model Market
- 8.5.1 Spain Large Language Model Market by Deployment
- 8.5.2 Spain Large Language Model Market by Vertical
- 8.5.3 Spain Large Language Model Market by Application
- 8.6 Italy Large Language Model Market
- 8.6.1 Italy Large Language Model Market by Deployment
- 8.6.2 Italy Large Language Model Market by Vertical
- 8.6.3 Italy Large Language Model Market by Application
- 8.7 Rest of Europe Large Language Model Market
- 8.7.1 Rest of Europe Large Language Model Market by Deployment
- 8.7.2 Rest of Europe Large Language Model Market by Vertical
- 8.7.3 Rest of Europe Large Language Model Market by Application
Chapter 9. Company Profiles
- 9.1 Amazon Web Services, Inc. (Amazon.com, Inc.)
- 9.1.1 Company Overview
- 9.1.2 Financial Analysis
- 9.1.3 Segmental Analysis
- 9.1.4 Recent strategies and developments:
- 9.1.4.1 Partnerships, Collaborations, and Agreements:
- 9.1.5 SWOT Analysis
- 9.2 Baidu, Inc.
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Segmental Analysis
- 9.2.4 Research & Development Expenses
- 9.2.5 SWOT Analysis
- 9.3 Google LLC (Alphabet Inc.)
- 9.3.1 Company Overview
- 9.3.2 Financial Analysis
- 9.3.3 Segmental and Regional Analysis
- 9.3.4 Research & Development Expense
- 9.3.5 Recent strategies and developments:
- 9.3.5.1 Partnerships, Collaborations, and Agreements:
- 9.3.6 SWOT Analysis
- 9.4 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- 9.4.1 Company Overview
- 9.4.2 Financial Analysis
- 9.4.3 Segmental and Regional Analysis
- 9.4.4 Research & Development Expense
- 9.4.5 SWOT Analysis
- 9.5 Meta Platforms, Inc. (Meta)
- 9.5.1 Company Overview
- 9.5.2 Financial Analysis
- 9.5.3 Segment and Regional Analysis
- 9.5.4 Research & Development Expense
- 9.5.5 SWOT Analysis
- 9.6 Microsoft Corporation
- 9.6.1 Company Overview
- 9.6.2 Financial Analysis
- 9.6.3 Segmental and Regional Analysis
- 9.6.4 Research & Development Expenses
- 9.6.5 Recent strategies and developments:
- 9.6.5.1 Acquisition and Mergers:
- 9.6.6 SWOT Analysis
- 9.7 OpenAI, L.L.C.
- 9.7.1 Company Overview
- 9.7.2 SWOT Analysis
- 9.8 Yandex N.V.
- 9.8.1 Company Overview
- 9.8.2 Financial Analysis
- 9.8.3 Segmental and Regional Analysis
- 9.9 IBM Corporation
- 9.9.1 Company Overview
- 9.9.2 Financial Analysis
- 9.9.3 Regional & Segmental Analysis
- 9.9.4 Research & Development Expenses
- 9.9.5 Recent strategies and developments:
- 9.9.5.1 Partnerships, Collaborations, and Agreements:
- 9.9.6 SWOT Analysis
- 9.10. NVIDIA Corporation
- 9.10.1 Company Overview
- 9.10.2 Financial Analysis
- 9.10.3 Segmental and Regional Analysis
- 9.10.4 Research & Development Expenses
- 9.10.5 Recent strategies and developments:
- 9.10.5.1 Partnerships, Collaborations, and Agreements:
- 9.10.6 SWOT Analysis
LIST OF TABLES
- TABLE 1 Europe Large Language Model Market, 2019 - 2022, USD Million
- TABLE 2 Europe Large Language Model Market, 2023 - 2030, USD Million
- TABLE 3 Europe Large Language Model Market by Deployment, 2019 - 2022, USD Million
- TABLE 4 Europe Large Language Model Market by Deployment, 2023 - 2030, USD Million
- TABLE 5 Europe On-premise Market by Country, 2019 - 2022, USD Million
- TABLE 6 Europe On-premise Market by Country, 2023 - 2030, USD Million
- TABLE 7 Europe Cloud Market by Country, 2019 - 2022, USD Million
- TABLE 8 Europe Cloud Market by Country, 2023 - 2030, USD Million
- TABLE 9 Europe Large Language Model Market by Vertical, 2019 - 2022, USD Million
- TABLE 10 Europe Large Language Model Market by Vertical, 2023 - 2030, USD Million
- TABLE 11 Europe Retail & E-commerce Market by Country, 2019 - 2022, USD Million
- TABLE 12 Europe Retail & E-commerce Market by Country, 2023 - 2030, USD Million
- TABLE 13 Europe Media & Entertainment Market by Country, 2019 - 2022, USD Million
- TABLE 14 Europe Media & Entertainment Market by Country, 2023 - 2030, USD Million
- TABLE 15 Europe Finance Market by Country, 2019 - 2022, USD Million
- TABLE 16 Europe Finance Market by Country, 2023 - 2030, USD Million
- TABLE 17 Europe Healthcare Market by Country, 2019 - 2022, USD Million
- TABLE 18 Europe Healthcare Market by Country, 2023 - 2030, USD Million
- TABLE 19 Europe Others Market by Country, 2019 - 2022, USD Million
- TABLE 20 Europe Others Market by Country, 2023 - 2030, USD Million
- TABLE 21 Europe Large Language Model Market by Application, 2019 - 2022, USD Million
- TABLE 22 Europe Large Language Model Market by Application, 2023 - 2030, USD Million
- TABLE 23 Europe Chatbots & Virtual Assistant Market by Country, 2019 - 2022, USD Million
- TABLE 24 Europe Chatbots & Virtual Assistant Market by Country, 2023 - 2030, USD Million
- TABLE 25 Europe Customer Service Market by Country, 2019 - 2022, USD Million
- TABLE 26 Europe Customer Service Market by Country, 2023 - 2030, USD Million
- TABLE 27 Europe Content Generation Market by Country, 2019 - 2022, USD Million
- TABLE 28 Europe Content Generation Market by Country, 2023 - 2030, USD Million
- TABLE 29 Europe Sentiment Analysis Market by Country, 2019 - 2022, USD Million
- TABLE 30 Europe Sentiment Analysis Market by Country, 2023 - 2030, USD Million
- TABLE 31 Europe Code Generation Market by Country, 2019 - 2022, USD Million
- TABLE 32 Europe Code Generation Market by Country, 2023 - 2030, USD Million
- TABLE 33 Europe Language Translation Market by Country, 2019 - 2022, USD Million
- TABLE 34 Europe Language Translation Market by Country, 2023 - 2030, USD Million
- TABLE 35 Europe Large Language Model Market by Country, 2019 - 2022, USD Million
- TABLE 36 Europe Large Language Model Market by Country, 2023 - 2030, USD Million
- TABLE 37 Germany Large Language Model Market, 2019 - 2022, USD Million
- TABLE 38 Germany Large Language Model Market, 2023 - 2030, USD Million
- TABLE 39 Germany Large Language Model Market by Deployment, 2019 - 2022, USD Million
- TABLE 40 Germany Large Language Model Market by Deployment, 2023 - 2030, USD Million
- TABLE 41 Germany Large Language Model Market by Vertical, 2019 - 2022, USD Million
- TABLE 42 Germany Large Language Model Market by Vertical, 2023 - 2030, USD Million
- TABLE 43 Germany Large Language Model Market by Application, 2019 - 2022, USD Million
- TABLE 44 Germany Large Language Model Market by Application, 2023 - 2030, USD Million
- TABLE 45 UK Large Language Model Market, 2019 - 2022, USD Million
- TABLE 46 UK Large Language Model Market, 2023 - 2030, USD Million
- TABLE 47 UK Large Language Model Market by Deployment, 2019 - 2022, USD Million
- TABLE 48 UK Large Language Model Market by Deployment, 2023 - 2030, USD Million
- TABLE 49 UK Large Language Model Market by Vertical, 2019 - 2022, USD Million
- TABLE 50 UK Large Language Model Market by Vertical, 2023 - 2030, USD Million
- TABLE 51 UK Large Language Model Market by Application, 2019 - 2022, USD Million
- TABLE 52 UK Large Language Model Market by Application, 2023 - 2030, USD Million
- TABLE 53 France Large Language Model Market, 2019 - 2022, USD Million
- TABLE 54 France Large Language Model Market, 2023 - 2030, USD Million
- TABLE 55 France Large Language Model Market by Deployment, 2019 - 2022, USD Million
- TABLE 56 France Large Language Model Market by Deployment, 2023 - 2030, USD Million
- TABLE 57 France Large Language Model Market by Vertical, 2019 - 2022, USD Million
- TABLE 58 France Large Language Model Market by Vertical, 2023 - 2030, USD Million
- TABLE 59 France Large Language Model Market by Application, 2019 - 2022, USD Million
- TABLE 60 France Large Language Model Market by Application, 2023 - 2030, USD Million
- TABLE 61 Russia Large Language Model Market, 2019 - 2022, USD Million
- TABLE 62 Russia Large Language Model Market, 2023 - 2030, USD Million
- TABLE 63 Russia Large Language Model Market by Deployment, 2019 - 2022, USD Million
- TABLE 64 Russia Large Language Model Market by Deployment, 2023 - 2030, USD Million
- TABLE 65 Russia Large Language Model Market by Vertical, 2019 - 2022, USD Million
- TABLE 66 Russia Large Language Model Market by Vertical, 2023 - 2030, USD Million
- TABLE 67 Russia Large Language Model Market by Application, 2019 - 2022, USD Million
- TABLE 68 Russia Large Language Model Market by Application, 2023 - 2030, USD Million
- TABLE 69 Spain Large Language Model Market, 2019 - 2022, USD Million
- TABLE 70 Spain Large Language Model Market, 2023 - 2030, USD Million
- TABLE 71 Spain Large Language Model Market by Deployment, 2019 - 2022, USD Million
- TABLE 72 Spain Large Language Model Market by Deployment, 2023 - 2030, USD Million
- TABLE 73 Spain Large Language Model Market by Vertical, 2019 - 2022, USD Million
- TABLE 74 Spain Large Language Model Market by Vertical, 2023 - 2030, USD Million
- TABLE 75 Spain Large Language Model Market by Application, 2019 - 2022, USD Million
- TABLE 76 Spain Large Language Model Market by Application, 2023 - 2030, USD Million
- TABLE 77 Italy Large Language Model Market, 2019 - 2022, USD Million
- TABLE 78 Italy Large Language Model Market, 2023 - 2030, USD Million
- TABLE 79 Italy Large Language Model Market by Deployment, 2019 - 2022, USD Million
- TABLE 80 Italy Large Language Model Market by Deployment, 2023 - 2030, USD Million
- TABLE 81 Italy Large Language Model Market by Vertical, 2019 - 2022, USD Million
- TABLE 82 Italy Large Language Model Market by Vertical, 2023 - 2030, USD Million
- TABLE 83 Italy Large Language Model Market by Application, 2019 - 2022, USD Million
- TABLE 84 Italy Large Language Model Market by Application, 2023 - 2030, USD Million
- TABLE 85 Rest of Europe Large Language Model Market, 2019 - 2022, USD Million
- TABLE 86 Rest of Europe Large Language Model Market, 2023 - 2030, USD Million
- TABLE 87 Rest of Europe Large Language Model Market by Deployment, 2019 - 2022, USD Million
- TABLE 88 Rest of Europe Large Language Model Market by Deployment, 2023 - 2030, USD Million
- TABLE 89 Rest of Europe Large Language Model Market by Vertical, 2019 - 2022, USD Million
- TABLE 90 Rest of Europe Large Language Model Market by Vertical, 2023 - 2030, USD Million
- TABLE 91 Rest of Europe Large Language Model Market by Application, 2019 - 2022, USD Million
- TABLE 92 Rest of Europe Large Language Model Market by Application, 2023 - 2030, USD Million
- TABLE 93 Key Information - Amazon Web Services, Inc.
- TABLE 94 Key Information - Baidu, Inc.
- TABLE 95 Key Information - Google LLC
- TABLE 96 Key Information - Huawei Technologies Co., Ltd.
- TABLE 97 Key Information - Meta Platforms, Inc.
- TABLE 98 Key Information - Microsoft Corporation
- TABLE 99 Key Information - OpenAI, L.L.C.
- TABLE 100 Key Information - Yandex N.V.
- TABLE 101 Key Information - IBM Corporation
- TABLE 102 Key Information - NVIDIA Corporation
