PUBLISHER: KBV Research | PRODUCT CODE: 1431387
PUBLISHER: KBV Research | PRODUCT CODE: 1431387
LAMEA 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 Latin America, Middle East and Africa Large Language Model Market would witness market growth of 37.1% CAGR during the forecast period (2023-2030).
Collaborative efforts among researchers, developers, and organizations are fostering cross-industry collaboration. Collaborative research initiatives, shared datasets, and open-source contributions all contribute to advancing large language models and facilitating the exchange of best practices and information. In addition, innovations in responsible AI development focus on addressing ethical concerns associated with large language models. This includes the development of algorithms and practices to reduce biases, enhance explainability, and ensure transparency in model behaviour. Acknowledging the environmental impact of large language model training, green AI initiatives are gaining traction. To mitigate the environmental impact linked to the training of large-scale models, scholars are investigating hardware and algorithms that are more sustainable and energy-efficient.
Likewise, future innovations may involve tailoring large language models for specific industries. Customized models could address domain-specific challenges, providing more accurate and contextually relevant outputs in healthcare, finance, and legal areas. Advances in user-specific adaptation may lead to more personalized user experiences. It could dynamically adjust their responses based on individual user preferences, language styles, and interaction histories, enhancing the overall user experience. Hybrid models that combine the strengths of large language models with other AI modalities, such as vision or audio, are anticipated. Cross-modal learning strategies strive to develop AI systems that are more comprehensive in nature and able to comprehend and produce content using a wide range of modalities.
Moreover, e-commerce platforms in the UAE can benefit from generating localized and culturally relevant content to connect with a diverse consumer base. It can assist in creating high-quality, context-aware content that resonates with the local audience. As per the data from the International Trade Administration, Among Gulf Cooperation Council (GCC) nations, the UAE is the leader in e-commerce, with a record-breaking $3.9 billion in e-commerce sales in 2020, representing 10% of total retail sales and a 53% increase. Hence, the growing e-commerce sector in the LAMEA region will help in the growth of the regional market.
The Brazil market dominated the LAMEA Large Language Model Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $746.4 million by 2030. The Argentina market is exhibiting a CAGR of 37.8% during (2023 - 2030). Additionally, The UAE market would experience a CAGR of 36.6% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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
LAMEA 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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Large Language Model Market, by Deployment
- 1.4.2 LAMEA Large Language Model Market, by Vertical
- 1.4.3 LAMEA Large Language Model Market, by Application
- 1.4.4 LAMEA 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. LAMEA Large Language Model Market by Deployment
- 5.1 LAMEA On-premise Market by Country
- 5.2 LAMEA Cloud Market by Country
Chapter 6. LAMEA Large Language Model Market by Vertical
- 6.1 LAMEA Retail & E-commerce Market by Country
- 6.2 LAMEA Media & Entertainment Market by Country
- 6.3 LAMEA Finance Market by Country
- 6.4 LAMEA Healthcare Market by Country
- 6.5 LAMEA Others Market by Country
Chapter 7. LAMEA Large Language Model Market by Application
- 7.1 LAMEA Chatbots & Virtual Assistant Market by Country
- 7.2 LAMEA Customer Service Market by Country
- 7.3 LAMEA Content Generation Market by Country
- 7.4 LAMEA Sentiment Analysis Market by Country
- 7.5 LAMEA Code Generation Market by Country
- 7.6 LAMEA Language Translation Market by Country
Chapter 8. LAMEA Large Language Model Market by Country
- 8.1 Brazil Large Language Model Market
- 8.1.1 Brazil Large Language Model Market by Deployment
- 8.1.2 Brazil Large Language Model Market by Vertical
- 8.1.3 Brazil Large Language Model Market by Application
- 8.2 Argentina Large Language Model Market
- 8.2.1 Argentina Large Language Model Market by Deployment
- 8.2.2 Argentina Large Language Model Market by Vertical
- 8.2.3 Argentina Large Language Model Market by Application
- 8.3 UAE Large Language Model Market
- 8.3.1 UAE Large Language Model Market by Deployment
- 8.3.2 UAE Large Language Model Market by Vertical
- 8.3.3 UAE Large Language Model Market by Application
- 8.4 Saudi Arabia Large Language Model Market
- 8.4.1 Saudi Arabia Large Language Model Market by Deployment
- 8.4.2 Saudi Arabia Large Language Model Market by Vertical
- 8.4.3 Saudi Arabia Large Language Model Market by Application
- 8.5 South Africa Large Language Model Market
- 8.5.1 South Africa Large Language Model Market by Deployment
- 8.5.2 South Africa Large Language Model Market by Vertical
- 8.5.3 South Africa Large Language Model Market by Application
- 8.6 Nigeria Large Language Model Market
- 8.6.1 Nigeria Large Language Model Market by Deployment
- 8.6.2 Nigeria Large Language Model Market by Vertical
- 8.6.3 Nigeria Large Language Model Market by Application
- 8.7 Rest of LAMEA Large Language Model Market
- 8.7.1 Rest of LAMEA Large Language Model Market by Deployment
- 8.7.2 Rest of LAMEA Large Language Model Market by Vertical
- 8.7.3 Rest of LAMEA 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 LAMEA Large Language Model Market, 2019 - 2022, USD Million
- TABLE 2 LAMEA Large Language Model Market, 2023 - 2030, USD Million
- TABLE 3 LAMEA Large Language Model Market by Deployment, 2019 - 2022, USD Million
- TABLE 4 LAMEA Large Language Model Market by Deployment, 2023 - 2030, USD Million
- TABLE 5 LAMEA On-premise Market by Country, 2019 - 2022, USD Million
- TABLE 6 LAMEA On-premise Market by Country, 2023 - 2030, USD Million
- TABLE 7 LAMEA Cloud Market by Country, 2019 - 2022, USD Million
- TABLE 8 LAMEA Cloud Market by Country, 2023 - 2030, USD Million
- TABLE 9 LAMEA Large Language Model Market by Vertical, 2019 - 2022, USD Million
- TABLE 10 LAMEA Large Language Model Market by Vertical, 2023 - 2030, USD Million
- TABLE 11 LAMEA Retail & E-commerce Market by Country, 2019 - 2022, USD Million
- TABLE 12 LAMEA Retail & E-commerce Market by Country, 2023 - 2030, USD Million
- TABLE 13 LAMEA Media & Entertainment Market by Country, 2019 - 2022, USD Million
- TABLE 14 LAMEA Media & Entertainment Market by Country, 2023 - 2030, USD Million
- TABLE 15 LAMEA Finance Market by Country, 2019 - 2022, USD Million
- TABLE 16 LAMEA Finance Market by Country, 2023 - 2030, USD Million
- TABLE 17 LAMEA Healthcare Market by Country, 2019 - 2022, USD Million
- TABLE 18 LAMEA Healthcare Market by Country, 2023 - 2030, USD Million
- TABLE 19 LAMEA Others Market by Country, 2019 - 2022, USD Million
- TABLE 20 LAMEA Others Market by Country, 2023 - 2030, USD Million
- TABLE 21 LAMEA Large Language Model Market by Application, 2019 - 2022, USD Million
- TABLE 22 LAMEA Large Language Model Market by Application, 2023 - 2030, USD Million
- TABLE 23 LAMEA Chatbots & Virtual Assistant Market by Country, 2019 - 2022, USD Million
- TABLE 24 LAMEA Chatbots & Virtual Assistant Market by Country, 2023 - 2030, USD Million
- TABLE 25 LAMEA Customer Service Market by Country, 2019 - 2022, USD Million
- TABLE 26 LAMEA Customer Service Market by Country, 2023 - 2030, USD Million
- TABLE 27 LAMEA Content Generation Market by Country, 2019 - 2022, USD Million
- TABLE 28 LAMEA Content Generation Market by Country, 2023 - 2030, USD Million
- TABLE 29 LAMEA Sentiment Analysis Market by Country, 2019 - 2022, USD Million
- TABLE 30 LAMEA Sentiment Analysis Market by Country, 2023 - 2030, USD Million
- TABLE 31 LAMEA Code Generation Market by Country, 2019 - 2022, USD Million
- TABLE 32 LAMEA Code Generation Market by Country, 2023 - 2030, USD Million
- TABLE 33 LAMEA Language Translation Market by Country, 2019 - 2022, USD Million
- TABLE 34 LAMEA Language Translation Market by Country, 2023 - 2030, USD Million
- TABLE 35 LAMEA Large Language Model Market by Country, 2019 - 2022, USD Million
- TABLE 36 LAMEA Large Language Model Market by Country, 2023 - 2030, USD Million
- TABLE 37 Brazil Large Language Model Market, 2019 - 2022, USD Million
- TABLE 38 Brazil Large Language Model Market, 2023 - 2030, USD Million
- TABLE 39 Brazil Large Language Model Market by Deployment, 2019 - 2022, USD Million
- TABLE 40 Brazil Large Language Model Market by Deployment, 2023 - 2030, USD Million
- TABLE 41 Brazil Large Language Model Market by Vertical, 2019 - 2022, USD Million
- TABLE 42 Brazil Large Language Model Market by Vertical, 2023 - 2030, USD Million
- TABLE 43 Brazil Large Language Model Market by Application, 2019 - 2022, USD Million
- TABLE 44 Brazil Large Language Model Market by Application, 2023 - 2030, USD Million
- TABLE 45 Argentina Large Language Model Market, 2019 - 2022, USD Million
- TABLE 46 Argentina Large Language Model Market, 2023 - 2030, USD Million
- TABLE 47 Argentina Large Language Model Market by Deployment, 2019 - 2022, USD Million
- TABLE 48 Argentina Large Language Model Market by Deployment, 2023 - 2030, USD Million
- TABLE 49 Argentina Large Language Model Market by Vertical, 2019 - 2022, USD Million
- TABLE 50 Argentina Large Language Model Market by Vertical, 2023 - 2030, USD Million
- TABLE 51 Argentina Large Language Model Market by Application, 2019 - 2022, USD Million
- TABLE 52 Argentina Large Language Model Market by Application, 2023 - 2030, USD Million
- TABLE 53 UAE Large Language Model Market, 2019 - 2022, USD Million
- TABLE 54 UAE Large Language Model Market, 2023 - 2030, USD Million
- TABLE 55 UAE Large Language Model Market by Deployment, 2019 - 2022, USD Million
- TABLE 56 UAE Large Language Model Market by Deployment, 2023 - 2030, USD Million
- TABLE 57 UAE Large Language Model Market by Vertical, 2019 - 2022, USD Million
- TABLE 58 UAE Large Language Model Market by Vertical, 2023 - 2030, USD Million
- TABLE 59 UAE Large Language Model Market by Application, 2019 - 2022, USD Million
- TABLE 60 UAE Large Language Model Market by Application, 2023 - 2030, USD Million
- TABLE 61 Saudi Arabia Large Language Model Market, 2019 - 2022, USD Million
- TABLE 62 Saudi Arabia Large Language Model Market, 2023 - 2030, USD Million
- TABLE 63 Saudi Arabia Large Language Model Market by Deployment, 2019 - 2022, USD Million
- TABLE 64 Saudi Arabia Large Language Model Market by Deployment, 2023 - 2030, USD Million
- TABLE 65 Saudi Arabia Large Language Model Market by Vertical, 2019 - 2022, USD Million
- TABLE 66 Saudi Arabia Large Language Model Market by Vertical, 2023 - 2030, USD Million
- TABLE 67 Saudi Arabia Large Language Model Market by Application, 2019 - 2022, USD Million
- TABLE 68 Saudi Arabia Large Language Model Market by Application, 2023 - 2030, USD Million
- TABLE 69 South Africa Large Language Model Market, 2019 - 2022, USD Million
- TABLE 70 South Africa Large Language Model Market, 2023 - 2030, USD Million
- TABLE 71 South Africa Large Language Model Market by Deployment, 2019 - 2022, USD Million
- TABLE 72 South Africa Large Language Model Market by Deployment, 2023 - 2030, USD Million
- TABLE 73 South Africa Large Language Model Market by Vertical, 2019 - 2022, USD Million
- TABLE 74 South Africa Large Language Model Market by Vertical, 2023 - 2030, USD Million
- TABLE 75 South Africa Large Language Model Market by Application, 2019 - 2022, USD Million
- TABLE 76 South Africa Large Language Model Market by Application, 2023 - 2030, USD Million
- TABLE 77 Nigeria Large Language Model Market, 2019 - 2022, USD Million
- TABLE 78 Nigeria Large Language Model Market, 2023 - 2030, USD Million
- TABLE 79 Nigeria Large Language Model Market by Deployment, 2019 - 2022, USD Million
- TABLE 80 Nigeria Large Language Model Market by Deployment, 2023 - 2030, USD Million
- TABLE 81 Nigeria Large Language Model Market by Vertical, 2019 - 2022, USD Million
- TABLE 82 Nigeria Large Language Model Market by Vertical, 2023 - 2030, USD Million
- TABLE 83 Nigeria Large Language Model Market by Application, 2019 - 2022, USD Million
- TABLE 84 Nigeria Large Language Model Market by Application, 2023 - 2030, USD Million
- TABLE 85 Rest of LAMEA Large Language Model Market, 2019 - 2022, USD Million
- TABLE 86 Rest of LAMEA Large Language Model Market, 2023 - 2030, USD Million
- TABLE 87 Rest of LAMEA Large Language Model Market by Deployment, 2019 - 2022, USD Million
- TABLE 88 Rest of LAMEA Large Language Model Market by Deployment, 2023 - 2030, USD Million
- TABLE 89 Rest of LAMEA Large Language Model Market by Vertical, 2019 - 2022, USD Million
- TABLE 90 Rest of LAMEA Large Language Model Market by Vertical, 2023 - 2030, USD Million
- TABLE 91 Rest of LAMEA Large Language Model Market by Application, 2019 - 2022, USD Million
- TABLE 92 Rest of LAMEA 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
