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Europe 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

Published Date : 19-Sep-2024

Pages: 149

Formats: PDF

The Europe Large Language Model Powered Tools Market would witness market growth of 45% CAGR during the forecast period (2024-2031).

The Germany market dominated the Europe 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 $1,671.5 million by 2031. The UK market is exhibiting a CAGR of 43.7% during (2024 - 2031). Additionally, The France market would experience a CAGR of 46.1% during (2024 - 2031).

Europe Large Language Model Powered Tools Market

Large language models, such as OpenAI’s GPT series, Google’s BERT, and Microsoft’s Turing models, have emerged as groundbreaking technologies capable of understanding and generating human-like text. These models, trained on vast datasets, can comprehend context, answer complex questions, translate languages, and generate creative content.

Moreover, their applications have spread across industries, transforming everything from customer service and content generation to legal services and healthcare. The demand for tools powered by LLMs is on the rise as organizations endeavor to capitalize on their potential. Businesses of all sizes are investigating innovative use cases to enhance efficiency, promote customer engagement, and streamline operations.

The demand for large language model (LLM)-powered tools in Europe is rapidly growing, driven by various factors across different nations. As businesses and governments explore the potential of artificial intelligence (AI) to improve efficiency and drive innovation, countries across the region are investing in AI-driven technologies, including LLMs, to bolster key sectors such as software development, language translation, and personalization. The European Union (EU) promotes AI adoption through regulatory frameworks and investments in research and development, positioning the region to become a leader in AI technologies. In 2021, the EU invested €1 billion annually through the Digital Europe Program to advance AI research and innovation across member states, signaling a strong commitment to AI-powered solutions.

Free Valuable Insights: The Global Large Language Model Powered Tools Market will Hit USD 24.4 Billion by 2031, at a CAGR of 45.5%

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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

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

Europe Large Language Model Powered Tools 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

  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
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 Powered Tools Market, by Deployment
1.4.2 Europe Large Language Model Powered Tools Market, by Type
1.4.3 Europe Large Language Model Powered Tools Market, by Application
1.4.4 Europe 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. Europe Large Language Model Powered Tools Market by Deployment
5.1 Europe Cloud Market by Country
5.2 Europe On-Premises Market by Country

Chapter 6. Europe Large Language Model Powered Tools Market by Type
6.1 Europe General-Purpose Tools Market by Country
6.2 Europe Domain-Specific Tools Market by Country
6.3 Europe Task-Specific Tools Market by Country

Chapter 7. Europe Large Language Model Powered Tools Market by Application
7.1 Europe Content Generation Market by Country
7.2 Europe Customer Support Market by Country
7.3 Europe Language Translation Market by Country
7.4 Europe Creative Arts Market by Country
7.5 Europe Data Analysis & Insights Market by Country
7.6 Europe Software Development Market by Country
7.7 Europe Personalization Market by Country
7.8 Europe Education & Training Market by Country

Chapter 8. Europe Large Language Model Powered Tools Market by Country
8.1 Germany Large Language Model Powered Tools Market
8.1.1 Germany Large Language Model Powered Tools Market by Deployment
8.1.2 Germany Large Language Model Powered Tools Market by Type
8.1.3 Germany Large Language Model Powered Tools Market by Application
8.2 UK Large Language Model Powered Tools Market
8.2.1 UK Large Language Model Powered Tools Market by Deployment
8.2.2 UK Large Language Model Powered Tools Market by Type
8.2.3 UK Large Language Model Powered Tools Market by Application
8.3 France Large Language Model Powered Tools Market
8.3.1 France Large Language Model Powered Tools Market by Deployment
8.3.2 France Large Language Model Powered Tools Market by Type
8.3.3 France Large Language Model Powered Tools Market by Application
8.4 Russia Large Language Model Powered Tools Market
8.4.1 Russia Large Language Model Powered Tools Market by Deployment
8.4.2 Russia Large Language Model Powered Tools Market by Type
8.4.3 Russia Large Language Model Powered Tools Market by Application
8.5 Spain Large Language Model Powered Tools Market
8.5.1 Spain Large Language Model Powered Tools Market by Deployment
8.5.2 Spain Large Language Model Powered Tools Market by Type
8.5.3 Spain Large Language Model Powered Tools Market by Application
8.6 Italy Large Language Model Powered Tools Market
8.6.1 Italy Large Language Model Powered Tools Market by Deployment
8.6.2 Italy Large Language Model Powered Tools Market by Type
8.6.3 Italy Large Language Model Powered Tools Market by Application
8.7 Rest of Europe Large Language Model Powered Tools Market
8.7.1 Rest of Europe Large Language Model Powered Tools Market by Deployment
8.7.2 Rest of Europe Large Language Model Powered Tools Market by Type
8.7.3 Rest of Europe 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
TABLE 1 Europe Large Language Model Powered Tools Market, 2020 - 2023, USD Million
TABLE 2 Europe Large Language Model Powered Tools Market, 2024 - 2031, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Large Language Model Powered Tools Market
TABLE 4 Product Launches And Product Expansions– Large Language Model Powered Tools Market
TABLE 5 Acquisition and Mergers– Large Language Model Powered Tools Market
TABLE 6 Europe Large Language Model Powered Tools Market by Deployment, 2020 - 2023, USD Million
TABLE 7 Europe Large Language Model Powered Tools Market by Deployment, 2024 - 2031, USD Million
TABLE 8 Europe Cloud Market by Country, 2020 - 2023, USD Million
TABLE 9 Europe Cloud Market by Country, 2024 - 2031, USD Million
TABLE 10 Europe On-Premises Market by Country, 2020 - 2023, USD Million
TABLE 11 Europe On-Premises Market by Country, 2024 - 2031, USD Million
TABLE 12 Europe Large Language Model Powered Tools Market by Type, 2020 - 2023, USD Million
TABLE 13 Europe Large Language Model Powered Tools Market by Type, 2024 - 2031, USD Million
TABLE 14 Europe General-Purpose Tools Market by Country, 2020 - 2023, USD Million
TABLE 15 Europe General-Purpose Tools Market by Country, 2024 - 2031, USD Million
TABLE 16 Europe Domain-Specific Tools Market by Country, 2020 - 2023, USD Million
TABLE 17 Europe Domain-Specific Tools Market by Country, 2024 - 2031, USD Million
TABLE 18 Europe Task-Specific Tools Market by Country, 2020 - 2023, USD Million
TABLE 19 Europe Task-Specific Tools Market by Country, 2024 - 2031, USD Million
TABLE 20 Europe Large Language Model Powered Tools Market by Application, 2020 - 2023, USD Million
TABLE 21 Europe Large Language Model Powered Tools Market by Application, 2024 - 2031, USD Million
TABLE 22 Europe Content Generation Market by Country, 2020 - 2023, USD Million
TABLE 23 Europe Content Generation Market by Country, 2024 - 2031, USD Million
TABLE 24 Europe Customer Support Market by Country, 2020 - 2023, USD Million
TABLE 25 Europe Customer Support Market by Country, 2024 - 2031, USD Million
TABLE 26 Europe Language Translation Market by Country, 2020 - 2023, USD Million
TABLE 27 Europe Language Translation Market by Country, 2024 - 2031, USD Million
TABLE 28 Europe Creative Arts Market by Country, 2020 - 2023, USD Million
TABLE 29 Europe Creative Arts Market by Country, 2024 - 2031, USD Million
TABLE 30 Europe Data Analysis & Insights Market by Country, 2020 - 2023, USD Million
TABLE 31 Europe Data Analysis & Insights Market by Country, 2024 - 2031, USD Million
TABLE 32 Europe Software Development Market by Country, 2020 - 2023, USD Million
TABLE 33 Europe Software Development Market by Country, 2024 - 2031, USD Million
TABLE 34 Europe Personalization Market by Country, 2020 - 2023, USD Million
TABLE 35 Europe Personalization Market by Country, 2024 - 2031, USD Million
TABLE 36 Europe Education & Training Market by Country, 2020 - 2023, USD Million
TABLE 37 Europe Education & Training Market by Country, 2024 - 2031, USD Million
TABLE 38 Europe Large Language Model Powered Tools Market by Country, 2020 - 2023, USD Million
TABLE 39 Europe Large Language Model Powered Tools Market by Country, 2024 - 2031, USD Million
TABLE 40 Germany Large Language Model Powered Tools Market, 2020 - 2023, USD Million
TABLE 41 Germany Large Language Model Powered Tools Market, 2024 - 2031, USD Million
TABLE 42 Germany Large Language Model Powered Tools Market by Deployment, 2020 - 2023, USD Million
TABLE 43 Germany Large Language Model Powered Tools Market by Deployment, 2024 - 2031, USD Million
TABLE 44 Germany Large Language Model Powered Tools Market by Type, 2020 - 2023, USD Million
TABLE 45 Germany Large Language Model Powered Tools Market by Type, 2024 - 2031, USD Million
TABLE 46 Germany Large Language Model Powered Tools Market by Application, 2020 - 2023, USD Million
TABLE 47 Germany Large Language Model Powered Tools Market by Application, 2024 - 2031, USD Million
TABLE 48 UK Large Language Model Powered Tools Market, 2020 - 2023, USD Million
TABLE 49 UK Large Language Model Powered Tools Market, 2024 - 2031, USD Million
TABLE 50 UK Large Language Model Powered Tools Market by Deployment, 2020 - 2023, USD Million
TABLE 51 UK Large Language Model Powered Tools Market by Deployment, 2024 - 2031, USD Million
TABLE 52 UK Large Language Model Powered Tools Market by Type, 2020 - 2023, USD Million
TABLE 53 UK Large Language Model Powered Tools Market by Type, 2024 - 2031, USD Million
TABLE 54 UK Large Language Model Powered Tools Market by Application, 2020 - 2023, USD Million
TABLE 55 UK Large Language Model Powered Tools Market by Application, 2024 - 2031, USD Million
TABLE 56 France Large Language Model Powered Tools Market, 2020 - 2023, USD Million
TABLE 57 France Large Language Model Powered Tools Market, 2024 - 2031, USD Million
TABLE 58 France Large Language Model Powered Tools Market by Deployment, 2020 - 2023, USD Million
TABLE 59 France Large Language Model Powered Tools Market by Deployment, 2024 - 2031, USD Million
TABLE 60 France Large Language Model Powered Tools Market by Type, 2020 - 2023, USD Million
TABLE 61 France Large Language Model Powered Tools Market by Type, 2024 - 2031, USD Million
TABLE 62 France Large Language Model Powered Tools Market by Application, 2020 - 2023, USD Million
TABLE 63 France Large Language Model Powered Tools Market by Application, 2024 - 2031, USD Million
TABLE 64 Russia Large Language Model Powered Tools Market, 2020 - 2023, USD Million
TABLE 65 Russia Large Language Model Powered Tools Market, 2024 - 2031, USD Million
TABLE 66 Russia Large Language Model Powered Tools Market by Deployment, 2020 - 2023, USD Million
TABLE 67 Russia Large Language Model Powered Tools Market by Deployment, 2024 - 2031, USD Million
TABLE 68 Russia Large Language Model Powered Tools Market by Type, 2020 - 2023, USD Million
TABLE 69 Russia Large Language Model Powered Tools Market by Type, 2024 - 2031, USD Million
TABLE 70 Russia Large Language Model Powered Tools Market by Application, 2020 - 2023, USD Million
TABLE 71 Russia Large Language Model Powered Tools Market by Application, 2024 - 2031, USD Million
TABLE 72 Spain Large Language Model Powered Tools Market, 2020 - 2023, USD Million
TABLE 73 Spain Large Language Model Powered Tools Market, 2024 - 2031, USD Million
TABLE 74 Spain Large Language Model Powered Tools Market by Deployment, 2020 - 2023, USD Million
TABLE 75 Spain Large Language Model Powered Tools Market by Deployment, 2024 - 2031, USD Million
TABLE 76 Spain Large Language Model Powered Tools Market by Type, 2020 - 2023, USD Million
TABLE 77 Spain Large Language Model Powered Tools Market by Type, 2024 - 2031, USD Million
TABLE 78 Spain Large Language Model Powered Tools Market by Application, 2020 - 2023, USD Million
TABLE 79 Spain Large Language Model Powered Tools Market by Application, 2024 - 2031, USD Million
TABLE 80 Italy Large Language Model Powered Tools Market, 2020 - 2023, USD Million
TABLE 81 Italy Large Language Model Powered Tools Market, 2024 - 2031, USD Million
TABLE 82 Italy Large Language Model Powered Tools Market by Deployment, 2020 - 2023, USD Million
TABLE 83 Italy Large Language Model Powered Tools Market by Deployment, 2024 - 2031, USD Million
TABLE 84 Italy Large Language Model Powered Tools Market by Type, 2020 - 2023, USD Million
TABLE 85 Italy Large Language Model Powered Tools Market by Type, 2024 - 2031, USD Million
TABLE 86 Italy Large Language Model Powered Tools Market by Application, 2020 - 2023, USD Million
TABLE 87 Italy Large Language Model Powered Tools Market by Application, 2024 - 2031, USD Million
TABLE 88 Rest of Europe Large Language Model Powered Tools Market, 2020 - 2023, USD Million
TABLE 89 Rest of Europe Large Language Model Powered Tools Market, 2024 - 2031, USD Million
TABLE 90 Rest of Europe Large Language Model Powered Tools Market by Deployment, 2020 - 2023, USD Million
TABLE 91 Rest of Europe Large Language Model Powered Tools Market by Deployment, 2024 - 2031, USD Million
TABLE 92 Rest of Europe Large Language Model Powered Tools Market by Type, 2020 - 2023, USD Million
TABLE 93 Rest of Europe Large Language Model Powered Tools Market by Type, 2024 - 2031, USD Million
TABLE 94 Rest of Europe Large Language Model Powered Tools Market by Application, 2020 - 2023, USD Million
TABLE 95 Rest of Europe Large Language Model Powered Tools Market by Application, 2024 - 2031, USD Million
TABLE 96 Key Information – OpenAI, L.L.C.
TABLE 97 Key Information – Google LLC
TABLE 98 Key Information – Microsoft Corporation
TABLE 99 Key Information – IBM Corporation
TABLE 100 Key Information – Oracle Corporation
TABLE 101 Key Information – Amazon Web Services, Inc.
TABLE 102 Key Information – Meta Platforms, Inc.
TABLE 103 Key Information – Salesforce, Inc.
TABLE 104 Key Information – Hewlett Packard Enterprise Company
TABLE 105 Key Information – NVIDIA Corporation

List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Large Language Model Powered Tools Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Large Language Model Powered Tools Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2023
FIG 6 Key Leading Strategies: Percentage Distribution (2020-2024)
FIG 7 Key Strategic Move: (Product Launches and Product Expansions: 2023, Feb – 2024, Sep) Leading Players
FIG 8 Porter’s Five Forces Analysis – Large Language Model Powered Tools Market
FIG 9 Europe Large Language Model Powered Tools Market share by Deployment, 2023
FIG 10 Europe Large Language Model Powered Tools Market share by Deployment, 2031
FIG 11 Europe Large Language Model Powered Tools Market by Deployment, 2020 - 2031, USD Million
FIG 12 Europe Large Language Model Powered Tools Market share by Type, 2023
FIG 13 Europe Large Language Model Powered Tools Market share by Type, 2031
FIG 14 Europe Large Language Model Powered Tools Market by Type, 2020 - 2031, USD Million
FIG 15 Europe Large Language Model Powered Tools Market share by Application, 2023
FIG 16 Europe Large Language Model Powered Tools Market share by Application, 2031
FIG 17 Europe Large Language Model Powered Tools Market by Application, 2020 - 2031, USD Million
FIG 18 Europe Large Language Model Powered Tools Market share by Country, 2023
FIG 19 Europe Large Language Model Powered Tools Market share by Country, 2031
FIG 20 Europe Large Language Model Powered Tools Market by Country, 2020 - 2031, USD Million
FIG 21 Recent strategies and developments: OpenAI, LLC
FIG 22 SWOT Analysis: OpenAI, L.L.C.
FIG 23 Recent strategies and developments: Google LLC
FIG 24 SWOT Analysis: Google LLC
FIG 25 Recent strategies and developments: Microsoft Corporation
FIG 26 SWOT Analysis: Microsoft Corporation
FIG 27 Recent strategies and developments: IBM Corporation
FIG 28 SWOT Analysis: IBM Corporation
FIG 29 Recent strategies and developments: Oracle Corporation
FIG 30 SWOT Analysis: Oracle Corporation
FIG 31 SWOT Analysis: Amazon Web Services, Inc.
FIG 32 SWOT Analysis: Meta Platforms, Inc.
FIG 33 SWOT Analysis: Salesforce, Inc.
FIG 34 SWOT Analysis: Hewlett Packard Enterprise Company
FIG 35 Recent strategies and developments: NVIDIA Corporation
FIG 36 SWOT Analysis: NVIDIA Corporation

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