Exploring the Impact of Large Language Models on Modern AI

Jakson25806 Nov, 2024Technology

The large language model market is set to experience rapid growth, projected to surge from USD 6.4 billion in 2024 to USD 36.1 billion by 2030, at a CAGR of 33.2% during the forecast period of 2024–2030. The growing imperative for improved communication between humans and machines and escalating demand for automated content creation and curation, increasing accessibility of extensive datasets are driving forces propelling the large language model market forward.