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LAMEA Large Language Model Powered Tools Market Size, Share & Trends Analysis Report By Deployment (Cloud, and On-Premises), By Type, By Application, By Country and Growth Forecast, 2024 - 2031

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    Report

  • 148 Pages
  • September 2024
  • Region: Africa, Middle East
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 6007492
The Latin America, Middle East and Africa Large Language Model Powered Tools Market would witness market growth of 49% CAGR during the forecast period (2024-2031).

The Brazil market dominated the LAMEA Large Language Model Powered Tools Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $473 million by 2031. Argentina market is registering a CAGR of 51% during (2024 - 2031). Additionally, The UAE market would showcase a CAGR of 47.7% during (2024 - 2031).



Large language model (LLM)-powered tools are applications and systems that leverage advanced artificial intelligence (AI) models designed to process and generate human-like text based on massive training data.

Additionally, these models are constructed using deep learning techniques, which enable them to comprehend the subtleties of language, context, and meaning, thereby facilitating a diverse array of natural language processing (NLP) duties.

The LAMEA region is seeing a surge in adopting large language model-powered tools, driven by various factors, including increasing digitalization, rising demand for AI-powered solutions, and multilingual support. The United Arab Emirates (UAE) is spearheading the digital transformation of the Middle East, which is creating a demand for tools that are enabled by large language models (LLMs). The United Arab Emirates government has been actively promoting digitalization initiatives, including the UAE National AI Strategy 2031, which is designed to establish the country as a leader in AI innovation. In accordance with the UAE Centennial 2071, the UAE aspires to become a prominent nation in AI by 2031, thereby generating up to AED 335 billion in additional growth and establishing new educational, economic, and social opportunities for governments, citizens, and businesses.

Based on Deployment, the market is segmented into Cloud, and On-Premises. Based on Type, the market is segmented into General-Purpose Tools, Domain-Specific Tools, and Task-Specific Tools. Based on Application, the market is segmented into Content Generation, Customer Support, Language Translation, Creative Arts, Data Analysis & Insights, Software Development, Personalization, and Education & Training. 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

  • OpenAI, LLC
  • Google LLC (Alphabet Inc.)
  • Microsoft Corporation
  • IBM Corporation
  • Oracle Corporation
  • Meta Platforms, Inc.
  • Amazon Web Services, Inc. (Amazon.com, Inc.)
  • Salesforce, Inc.
  • Hewlett Packard Enterprise Company
  • NVIDIA Corporation

Market Report Segmentation

By Deployment

  • Cloud
  • On-Premises

By Type

  • General-Purpose Tools
  • Domain-Specific Tools
  • Task-Specific Tools

By Application

  • Content Generation
  • Customer Support
  • Language Translation
  • Creative Arts
  • Data Analysis & Insights
  • Software Development
  • Personalization
  • Education & Training

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 Powered Tools Market, by Deployment
1.4.2 LAMEA Large Language Model Powered Tools Market, by Type
1.4.3 LAMEA Large Language Model Powered Tools Market, by Application
1.4.4 LAMEA Large Language Model Powered Tools 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
3.2 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
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.4.2 Key Strategic Move: (Product Launches and Product Expansions: 2023, Feb - 2024, Sep) Leading Players
4.5 Porter Five Forces Analysis
Chapter 5. LAMEA Large Language Model Powered Tools Market by Deployment
5.1 LAMEA Cloud Market by Country
5.2 LAMEA On-Premises Market by Country
Chapter 6. LAMEA Large Language Model Powered Tools Market by Type
6.1 LAMEA General-Purpose Tools Market by Country
6.2 LAMEA Domain-Specific Tools Market by Country
6.3 LAMEA Task-Specific Tools Market by Country
Chapter 7. LAMEA Large Language Model Powered Tools Market by Application
7.1 LAMEA Content Generation Market by Country
7.2 LAMEA Customer Support Market by Country
7.3 LAMEA Language Translation Market by Country
7.4 LAMEA Creative Arts Market by Country
7.5 LAMEA Data Analysis & Insights Market by Country
7.6 LAMEA Software Development Market by Country
7.7 LAMEA Personalization Market by Country
7.8 LAMEA Education & Training Market by Country
Chapter 8. LAMEA Large Language Model Powered Tools Market by Country
8.1 Brazil Large Language Model Powered Tools Market
8.1.1 Brazil Large Language Model Powered Tools Market by Deployment
8.1.2 Brazil Large Language Model Powered Tools Market by Type
8.1.3 Brazil Large Language Model Powered Tools Market by Application
8.2 Argentina Large Language Model Powered Tools Market
8.2.1 Argentina Large Language Model Powered Tools Market by Deployment
8.2.2 Argentina Large Language Model Powered Tools Market by Type
8.2.3 Argentina Large Language Model Powered Tools Market by Application
8.3 UAE Large Language Model Powered Tools Market
8.3.1 UAE Large Language Model Powered Tools Market by Deployment
8.3.2 UAE Large Language Model Powered Tools Market by Type
8.3.3 UAE Large Language Model Powered Tools Market by Application
8.4 Saudi Arabia Large Language Model Powered Tools Market
8.4.1 Saudi Arabia Large Language Model Powered Tools Market by Deployment
8.4.2 Saudi Arabia Large Language Model Powered Tools Market by Type
8.4.3 Saudi Arabia Large Language Model Powered Tools Market by Application
8.5 South Africa Large Language Model Powered Tools Market
8.5.1 South Africa Large Language Model Powered Tools Market by Deployment
8.5.2 South Africa Large Language Model Powered Tools Market by Type
8.5.3 South Africa Large Language Model Powered Tools Market by Application
8.6 Nigeria Large Language Model Powered Tools Market
8.6.1 Nigeria Large Language Model Powered Tools Market by Deployment
8.6.2 Nigeria Large Language Model Powered Tools Market by Type
8.6.3 Nigeria Large Language Model Powered Tools Market by Application
8.7 Rest of LAMEA Large Language Model Powered Tools Market
8.7.1 Rest of LAMEA Large Language Model Powered Tools Market by Deployment
8.7.2 Rest of LAMEA Large Language Model Powered Tools Market by Type
8.7.3 Rest of LAMEA Large Language Model Powered Tools Market by Application
Chapter 9. Company Profiles
9.1 OpenAI, L.L.C.
9.1.1 Company Overview
9.1.2 Recent strategies and developments:
9.1.2.1 Partnerships, Collaborations, and Agreements:
9.1.2.2 Acquisition and Mergers:
9.1.3 SWOT Analysis
9.2 Google LLC (Alphabet Inc.)
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.2.5.2 Product Launches and Product Expansions:
9.2.6 SWOT Analysis
9.3 Microsoft Corporation
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expenses
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.5.2 Product Launches and Product Expansions:
9.3.6 SWOT Analysis
9.4 IBM Corporation
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Regional & Segmental Analysis
9.4.4 Research & Development Expenses
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.5.2 Product Launches and Product Expansions:
9.4.6 SWOT Analysis
9.5 Oracle Corporation
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expense
9.5.5 Recent strategies and developments:
9.5.5.1 Partnerships, Collaborations, and Agreements:
9.5.5.2 Product Launches and Product Expansions:
9.5.6 SWOT Analysis
9.6 Amazon Web Services, Inc. (Amazon.com, Inc.)
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental Analysis
9.6.4 Recent strategies and developments:
9.6.4.1 Partnerships, Collaborations, and Agreements:
9.6.5 SWOT Analysis
9.7 Meta Platforms, Inc.
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segment and Regional Analysis
9.7.4 Research & Development Expense
9.7.5 Recent strategies and developments:
9.7.5.1 Product Launches and Product Expansions:
9.7.6 SWOT Analysis
9.8 Salesforce, Inc.
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Regional Analysis
9.8.4 Research & Development Expenses
9.8.5 Recent strategies and developments:
9.8.5.1 Product Launches and Product Expansions:
9.8.6 SWOT Analysis
9.9 Hewlett Packard Enterprise Company
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expense
9.9.5 Recent strategies and developments:
9.9.5.1 Product Launches and Product Expansions:
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:
9.10.5.2 Product Launches and Product Expansions:
9.10.6 SWOT Analysis

Companies Mentioned

  • OpenAI, LLC
  • Google LLC (Alphabet Inc.)
  • Microsoft Corporation
  • IBM Corporation
  • Oracle Corporation
  • Meta Platforms, Inc.
  • Amazon Web Services, Inc. (Amazon.com, Inc.)
  • Salesforce, Inc.
  • Hewlett Packard Enterprise Company
  • NVIDIA Corporation

Methodology

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