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North America 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: 137

Formats: PDF

The North America Large Language Model Powered Tools Market would witness market growth of 44.7% CAGR during the forecast period (2024-2031).

The US market dominated the North America 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 $6,034.4 million by 2031. The Canada market is experiencing a CAGR of 47.7% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 46.6% during (2024 - 2031).

North America Large Language Model Powered Tools Market

LLM-powered tools have significantly enhanced the accuracy and efficiency of translation services, enabling seamless multilingual communication. Industries like tourism, international trade, and customer service have become highly dependent on real-time translation to facilitate their operations.

Moreover, Businesses, especially those involved in cross-border interactions, rely on these tools for international meetings, conferences, and customer support, where accurate and fast translation is essential to ensure smooth communication.

The North American market for large language model powered tools is experiencing robust growth, driven by the high adoption of AI technologies, increasing automation, and the need for advanced data analytics. Through partnerships between the public and private sectors, regulatory frameworks, and funding, governments in the region are crucially fostering the development of AI. The United States leads North America in adopting artificial intelligence (AI), significantly driving the demand for LLM-powered tools. According to the US Government, the President’s Budget includes $30 million for the National AI Research Resource pilot (NAIRR). This is crucial in building a shared research infrastructure to strengthen and democratize access to computing and data resources for bold AI discoveries and innovations. 

Free Valuable Insights: The Large Language Model Powered Tools Market is Predict to reach 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 U.S., Mexico, Canada, and Rest of North America.

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

North America 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

  • US
  • Canada
  • Mexico
  • Rest of North America
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Large Language Model Powered Tools Market, by Deployment
1.4.2 North America Large Language Model Powered Tools Market, by Type
1.4.3 North America Large Language Model Powered Tools Market, by Application
1.4.4 North America 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. North America Large Language Model Powered Tools Market by Deployment
5.1 North America Cloud Market by Country
5.2 North America On-Premises Market by Country

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

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

Chapter 8. North America Large Language Model Powered Tools Market by Country
8.1 US Large Language Model Powered Tools Market
8.1.1 US Large Language Model Powered Tools Market by Deployment
8.1.2 US Large Language Model Powered Tools Market by Type
8.1.3 US Large Language Model Powered Tools Market by Application
8.2 Canada Large Language Model Powered Tools Market
8.2.1 Canada Large Language Model Powered Tools Market by Deployment
8.2.2 Canada Large Language Model Powered Tools Market by Type
8.2.3 Canada Large Language Model Powered Tools Market by Application
8.3 Mexico Large Language Model Powered Tools Market
8.3.1 Mexico Large Language Model Powered Tools Market by Deployment
8.3.2 Mexico Large Language Model Powered Tools Market by Type
8.3.3 Mexico Large Language Model Powered Tools Market by Application
8.4 Rest of North America Large Language Model Powered Tools Market
8.4.1 Rest of North America Large Language Model Powered Tools Market by Deployment
8.4.2 Rest of North America Large Language Model Powered Tools Market by Type
8.4.3 Rest of North America 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 North America Large Language Model Powered Tools Market, 2020 - 2023, USD Million
TABLE 2 North America 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 North America Large Language Model Powered Tools Market by Deployment, 2020 - 2023, USD Million
TABLE 7 North America Large Language Model Powered Tools Market by Deployment, 2024 - 2031, USD Million
TABLE 8 North America Cloud Market by Country, 2020 - 2023, USD Million
TABLE 9 North America Cloud Market by Country, 2024 - 2031, USD Million
TABLE 10 North America On-Premises Market by Country, 2020 - 2023, USD Million
TABLE 11 North America On-Premises Market by Country, 2024 - 2031, USD Million
TABLE 12 North America Large Language Model Powered Tools Market by Type, 2020 - 2023, USD Million
TABLE 13 North America Large Language Model Powered Tools Market by Type, 2024 - 2031, USD Million
TABLE 14 North America General-Purpose Tools Market by Country, 2020 - 2023, USD Million
TABLE 15 North America General-Purpose Tools Market by Country, 2024 - 2031, USD Million
TABLE 16 North America Domain-Specific Tools Market by Country, 2020 - 2023, USD Million
TABLE 17 North America Domain-Specific Tools Market by Country, 2024 - 2031, USD Million
TABLE 18 North America Task-Specific Tools Market by Country, 2020 - 2023, USD Million
TABLE 19 North America Task-Specific Tools Market by Country, 2024 - 2031, USD Million
TABLE 20 North America Large Language Model Powered Tools Market by Application, 2020 - 2023, USD Million
TABLE 21 North America Large Language Model Powered Tools Market by Application, 2024 - 2031, USD Million
TABLE 22 North America Content Generation Market by Country, 2020 - 2023, USD Million
TABLE 23 North America Content Generation Market by Country, 2024 - 2031, USD Million
TABLE 24 North America Customer Support Market by Country, 2020 - 2023, USD Million
TABLE 25 North America Customer Support Market by Country, 2024 - 2031, USD Million
TABLE 26 North America Language Translation Market by Country, 2020 - 2023, USD Million
TABLE 27 North America Language Translation Market by Country, 2024 - 2031, USD Million
TABLE 28 North America Creative Arts Market by Country, 2020 - 2023, USD Million
TABLE 29 North America Creative Arts Market by Country, 2024 - 2031, USD Million
TABLE 30 North America Data Analysis & Insights Market by Country, 2020 - 2023, USD Million
TABLE 31 North America Data Analysis & Insights Market by Country, 2024 - 2031, USD Million
TABLE 32 North America Software Development Market by Country, 2020 - 2023, USD Million
TABLE 33 North America Software Development Market by Country, 2024 - 2031, USD Million
TABLE 34 North America Personalization Market by Country, 2020 - 2023, USD Million
TABLE 35 North America Personalization Market by Country, 2024 - 2031, USD Million
TABLE 36 North America Education & Training Market by Country, 2020 - 2023, USD Million
TABLE 37 North America Education & Training Market by Country, 2024 - 2031, USD Million
TABLE 38 North America Large Language Model Powered Tools Market by Country, 2020 - 2023, USD Million
TABLE 39 North America Large Language Model Powered Tools Market by Country, 2024 - 2031, USD Million
TABLE 40 US Large Language Model Powered Tools Market, 2020 - 2023, USD Million
TABLE 41 US Large Language Model Powered Tools Market, 2024 - 2031, USD Million
TABLE 42 US Large Language Model Powered Tools Market by Deployment, 2020 - 2023, USD Million
TABLE 43 US Large Language Model Powered Tools Market by Deployment, 2024 - 2031, USD Million
TABLE 44 US Large Language Model Powered Tools Market by Type, 2020 - 2023, USD Million
TABLE 45 US Large Language Model Powered Tools Market by Type, 2024 - 2031, USD Million
TABLE 46 US Large Language Model Powered Tools Market by Application, 2020 - 2023, USD Million
TABLE 47 US Large Language Model Powered Tools Market by Application, 2024 - 2031, USD Million
TABLE 48 Canada Large Language Model Powered Tools Market, 2020 - 2023, USD Million
TABLE 49 Canada Large Language Model Powered Tools Market, 2024 - 2031, USD Million
TABLE 50 Canada Large Language Model Powered Tools Market by Deployment, 2020 - 2023, USD Million
TABLE 51 Canada Large Language Model Powered Tools Market by Deployment, 2024 - 2031, USD Million
TABLE 52 Canada Large Language Model Powered Tools Market by Type, 2020 - 2023, USD Million
TABLE 53 Canada Large Language Model Powered Tools Market by Type, 2024 - 2031, USD Million
TABLE 54 Canada Large Language Model Powered Tools Market by Application, 2020 - 2023, USD Million
TABLE 55 Canada Large Language Model Powered Tools Market by Application, 2024 - 2031, USD Million
TABLE 56 Mexico Large Language Model Powered Tools Market, 2020 - 2023, USD Million
TABLE 57 Mexico Large Language Model Powered Tools Market, 2024 - 2031, USD Million
TABLE 58 Mexico Large Language Model Powered Tools Market by Deployment, 2020 - 2023, USD Million
TABLE 59 Mexico Large Language Model Powered Tools Market by Deployment, 2024 - 2031, USD Million
TABLE 60 Mexico Large Language Model Powered Tools Market by Type, 2020 - 2023, USD Million
TABLE 61 Mexico Large Language Model Powered Tools Market by Type, 2024 - 2031, USD Million
TABLE 62 Mexico Large Language Model Powered Tools Market by Application, 2020 - 2023, USD Million
TABLE 63 Mexico Large Language Model Powered Tools Market by Application, 2024 - 2031, USD Million
TABLE 64 Rest of North America Large Language Model Powered Tools Market, 2020 - 2023, USD Million
TABLE 65 Rest of North America Large Language Model Powered Tools Market, 2024 - 2031, USD Million
TABLE 66 Rest of North America Large Language Model Powered Tools Market by Deployment, 2020 - 2023, USD Million
TABLE 67 Rest of North America Large Language Model Powered Tools Market by Deployment, 2024 - 2031, USD Million
TABLE 68 Rest of North America Large Language Model Powered Tools Market by Type, 2020 - 2023, USD Million
TABLE 69 Rest of North America Large Language Model Powered Tools Market by Type, 2024 - 2031, USD Million
TABLE 70 Rest of North America Large Language Model Powered Tools Market by Application, 2020 - 2023, USD Million
TABLE 71 Rest of North America Large Language Model Powered Tools Market by Application, 2024 - 2031, USD Million
TABLE 72 Key Information – OpenAI, L.L.C.
TABLE 73 Key Information – Google LLC
TABLE 74 Key Information – Microsoft Corporation
TABLE 75 Key Information – IBM Corporation
TABLE 76 Key Information – Oracle Corporation
TABLE 77 Key Information – Amazon Web Services, Inc.
TABLE 78 Key Information – Meta Platforms, Inc.
TABLE 79 Key Information – Salesforce, Inc.
TABLE 80 Key Information – Hewlett Packard Enterprise Company
TABLE 81 Key Information – NVIDIA Corporation

List of Figures
FIG 1 Methodology for the research
FIG 2 North America 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 North America Large Language Model Powered Tools Market share by Deployment, 2023
FIG 10 North America Large Language Model Powered Tools Market share by Deployment, 2031
FIG 11 North America Large Language Model Powered Tools Market by Deployment, 2020 - 2031, USD Million
FIG 12 North America Large Language Model Powered Tools Market share by Type, 2023
FIG 13 North America Large Language Model Powered Tools Market share by Type, 2031
FIG 14 North America Large Language Model Powered Tools Market by Type, 2020 - 2031, USD Million
FIG 15 North America Large Language Model Powered Tools Market share by Application, 2023
FIG 16 North America Large Language Model Powered Tools Market share by Application, 2031
FIG 17 North America Large Language Model Powered Tools Market by Application, 2020 - 2031, USD Million
FIG 18 North America Large Language Model Powered Tools Market share by Country, 2023
FIG 19 North America Large Language Model Powered Tools Market share by Country, 2031
FIG 20 North America 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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