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Open-Source LLM Market 2025-2029

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    Report

  • 240 Pages
  • July 2025
  • Region: Global
  • TechNavio
  • ID: 6111152
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The open-source llm market is forecasted to grow by USD 53.99 billion during 2024-2029, accelerating at a CAGR of 33.7% during the forecast period. The report on the open-source llm market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing democratization and compelling economics, strategic imperative for customization, control, and data sovereignty, and accelerating innovation velocity and ecosystem maturation.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

The open-source llm market is segmented as below:

By Application

  • Technology and software
  • Finance and banking
  • Healthcare and biotechnology
  • E-commerce and retail
  • Others

By Deployment

  • On-premises
  • Cloud

By Type

  • Transformer-based models
  • Multilingual models
  • Conditional and generative models
  • Others

By Geographical Landscape

  • North America
  • APAC
  • Europe
  • South America
  • Middle East and Africa
This study identifies the focus on efficiency of proliferation of smaller as one of the prime reasons driving the open-source llm market growth during the next few years. Also, deep specialization on surge in domain-specific and task-specific models and architectural evolution of mainstreaming of mixture of experts will lead to sizable demand in the market.

The report on the open-source llm market covers the following areas:

  • Open-Source LLM Market sizing
  • Open-Source LLM Market forecast
  • Open-Source LLM Market industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading open-source llm market vendors that include Alibaba Cloud, Amazon Web Services Inc., Baidu Inc., Cohere, DeepMind Technologies Ltd., deepset GmbH, H2O.ai Inc., International Business Machines Corp., Meta Platforms Inc., Microsoft Corp., NVIDIA Corp., Salesforce Inc., and Tencent Holdings Ltd. Also, the open-source llm market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Application
Executive Summary - Chart on Market Segmentation by Deployment
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
Overview on factors of disruption
2.4 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
3.1 Market ecosystem
Parent Market
Data Table on - Parent Market
3.2 Market characteristics
Market characteristics analysis
3.3 Value chain analysis
Value chain analysis
4 Market Sizing
4.1 Market definition
Offerings of companies included in the market definition
4.2 Market segment analysis
Market segments
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
Chart on Global - Market size and forecast 2024-2029 ($ million)
Data Table on Global - Market size and forecast 2024-2029 ($ million)
Chart on Global Market: Year-over-year growth 2024-2029 (%)
Data Table on Global Market: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
5.1 Global Open-Source LLM Market 2019 - 2023
Historic Market Size - Data Table on Global Open-Source LLM Market 2019 - 2023 ($ million)
5.2 Application segment analysis 2019 - 2023
Historic Market Size - Application Segment 2019 - 2023 ($ million)
5.3 Deployment segment analysis 2019 - 2023
Historic Market Size - Deployment Segment 2019 - 2023 ($ million)
5.4 Type segment analysis 2019 - 2023
Historic Market Size - Type Segment 2019 - 2023 ($ million)
5.5 Geography segment analysis 2019 - 2023
Historic Market Size - Geography Segment 2019 - 2023 ($ million)
5.6 Country segment analysis 2019 - 2023
Historic Market Size - Country Segment 2019 - 2023 ($ million)
6 Five Forces Analysis
6.1 Five forces summary
Five forces analysis - Comparison between 2024 and 2029
6.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2024 and 2029
6.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2024 and 2029
6.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2024 and 2029
6.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2024 and 2029
6.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2024 and 2029
6.7 Market condition
Chart on Market condition - Five forces 2024 and 2029
7 Market Segmentation by Application
7.1 Market segments
Chart on Application - Market share 2024-2029 (%)
Data Table on Application - Market share 2024-2029 (%)
7.2 Comparison by Application
Chart on Comparison by Application
Data Table on Comparison by Application
7.3 Technology and software - Market size and forecast 2024-2029
Chart on Technology and software - Market size and forecast 2024-2029 ($ million)
Data Table on Technology and software - Market size and forecast 2024-2029 ($ million)
Chart on Technology and software - Year-over-year growth 2024-2029 (%)
Data Table on Technology and software - Year-over-year growth 2024-2029 (%)
7.4 Finance and banking - Market size and forecast 2024-2029
Chart on Finance and banking - Market size and forecast 2024-2029 ($ million)
Data Table on Finance and banking - Market size and forecast 2024-2029 ($ million)
Chart on Finance and banking - Year-over-year growth 2024-2029 (%)
Data Table on Finance and banking - Year-over-year growth 2024-2029 (%)
7.5 Healthcare and biotechnology - Market size and forecast 2024-2029
Chart on Healthcare and biotechnology - Market size and forecast 2024-2029 ($ million)
Data Table on Healthcare and biotechnology - Market size and forecast 2024-2029 ($ million)
Chart on Healthcare and biotechnology - Year-over-year growth 2024-2029 (%)
Data Table on Healthcare and biotechnology - Year-over-year growth 2024-2029 (%)
7.6 E-commerce and retail - Market size and forecast 2024-2029
Chart on E-commerce and retail - Market size and forecast 2024-2029 ($ million)
Data Table on E-commerce and retail - Market size and forecast 2024-2029 ($ million)
Chart on E-commerce and retail - Year-over-year growth 2024-2029 (%)
Data Table on E-commerce and retail - Year-over-year growth 2024-2029 (%)
7.7 Others - Market size and forecast 2024-2029
Chart on Others - Market size and forecast 2024-2029 ($ million)
Data Table on Others - Market size and forecast 2024-2029 ($ million)
Chart on Others - Year-over-year growth 2024-2029 (%)
Data Table on Others - Year-over-year growth 2024-2029 (%)
7.8 Market opportunity by Application
Market opportunity by Application ($ million)
Data Table on Market opportunity by Application ($ million)
8 Market Segmentation by Deployment
8.1 Market segments
Chart on Deployment - Market share 2024-2029 (%)
Data Table on Deployment - Market share 2024-2029 (%)
8.2 Comparison by Deployment
Chart on Comparison by Deployment
Data Table on Comparison by Deployment
8.3 On-premises - Market size and forecast 2024-2029
Chart on On-premises - Market size and forecast 2024-2029 ($ million)
Data Table on On-premises - Market size and forecast 2024-2029 ($ million)
Chart on On-premises - Year-over-year growth 2024-2029 (%)
Data Table on On-premises - Year-over-year growth 2024-2029 (%)
8.4 Cloud - Market size and forecast 2024-2029
Chart on Cloud - Market size and forecast 2024-2029 ($ million)
Data Table on Cloud - Market size and forecast 2024-2029 ($ million)
Chart on Cloud - Year-over-year growth 2024-2029 (%)
Data Table on Cloud - Year-over-year growth 2024-2029 (%)
8.5 Market opportunity by Deployment
Market opportunity by Deployment ($ million)
Data Table on Market opportunity by Deployment ($ million)
9 Market Segmentation by Type
9.1 Market segments
Chart on Type - Market share 2024-2029 (%)
Data Table on Type - Market share 2024-2029 (%)
9.2 Comparison by Type
Chart on Comparison by Type
Data Table on Comparison by Type
9.3 Transformer-based models - Market size and forecast 2024-2029
Chart on Transformer-based models - Market size and forecast 2024-2029 ($ million)
Data Table on Transformer-based models - Market size and forecast 2024-2029 ($ million)
Chart on Transformer-based models - Year-over-year growth 2024-2029 (%)
Data Table on Transformer-based models - Year-over-year growth 2024-2029 (%)
9.4 Multilingual models - Market size and forecast 2024-2029
Chart on Multilingual models - Market size and forecast 2024-2029 ($ million)
Data Table on Multilingual models - Market size and forecast 2024-2029 ($ million)
Chart on Multilingual models - Year-over-year growth 2024-2029 (%)
Data Table on Multilingual models - Year-over-year growth 2024-2029 (%)
9.5 Conditional and generative models - Market size and forecast 2024-2029
Chart on Conditional and generative models - Market size and forecast 2024-2029 ($ million)
Data Table on Conditional and generative models - Market size and forecast 2024-2029 ($ million)
Chart on Conditional and generative models - Year-over-year growth 2024-2029 (%)
Data Table on Conditional and generative models - Year-over-year growth 2024-2029 (%)
9.6 Others - Market size and forecast 2024-2029
Chart on Others - Market size and forecast 2024-2029 ($ million)
Data Table on Others - Market size and forecast 2024-2029 ($ million)
Chart on Others - Year-over-year growth 2024-2029 (%)
Data Table on Others - Year-over-year growth 2024-2029 (%)
9.7 Market opportunity by Type
Market opportunity by Type ($ million)
Data Table on Market opportunity by Type ($ million)
10 Customer Landscape
10.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
11 Geographic Landscape
11.1 Geographic segmentation
Chart on Market share By Geographical Landscape 2024-2029 (%)
Data Table on Market share By Geographical Landscape 2024-2029 (%)
11.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
11.3 North America - Market size and forecast 2024-2029
Chart on North America - Market size and forecast 2024-2029 ($ million)
Data Table on North America - Market size and forecast 2024-2029 ($ million)
Chart on North America - Year-over-year growth 2024-2029 (%)
Data Table on North America - Year-over-year growth 2024-2029 (%)
11.4 APAC - Market size and forecast 2024-2029
Chart on APAC - Market size and forecast 2024-2029 ($ million)
Data Table on APAC - Market size and forecast 2024-2029 ($ million)
Chart on APAC - Year-over-year growth 2024-2029 (%)
Data Table on APAC - Year-over-year growth 2024-2029 (%)
11.5 Europe - Market size and forecast 2024-2029
Chart on Europe - Market size and forecast 2024-2029 ($ million)
Data Table on Europe - Market size and forecast 2024-2029 ($ million)
Chart on Europe - Year-over-year growth 2024-2029 (%)
Data Table on Europe - Year-over-year growth 2024-2029 (%)
11.6 South America - Market size and forecast 2024-2029
Chart on South America - Market size and forecast 2024-2029 ($ million)
Data Table on South America - Market size and forecast 2024-2029 ($ million)
Chart on South America - Year-over-year growth 2024-2029 (%)
Data Table on South America - Year-over-year growth 2024-2029 (%)
11.7 Middle East and Africa - Market size and forecast 2024-2029
Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
11.8 US - Market size and forecast 2024-2029
Chart on US - Market size and forecast 2024-2029 ($ million)
Data Table on US - Market size and forecast 2024-2029 ($ million)
Chart on US - Year-over-year growth 2024-2029 (%)
Data Table on US - Year-over-year growth 2024-2029 (%)
11.9 China - Market size and forecast 2024-2029
Chart on China - Market size and forecast 2024-2029 ($ million)
Data Table on China - Market size and forecast 2024-2029 ($ million)
Chart on China - Year-over-year growth 2024-2029 (%)
Data Table on China - Year-over-year growth 2024-2029 (%)
11.10 Germany - Market size and forecast 2024-2029
Chart on Germany - Market size and forecast 2024-2029 ($ million)
Data Table on Germany - Market size and forecast 2024-2029 ($ million)
Chart on Germany - Year-over-year growth 2024-2029 (%)
Data Table on Germany - Year-over-year growth 2024-2029 (%)
11.11 Canada - Market size and forecast 2024-2029
Chart on Canada - Market size and forecast 2024-2029 ($ million)
Data Table on Canada - Market size and forecast 2024-2029 ($ million)
Chart on Canada - Year-over-year growth 2024-2029 (%)
Data Table on Canada - Year-over-year growth 2024-2029 (%)
11.12 UK - Market size and forecast 2024-2029
Chart on UK - Market size and forecast 2024-2029 ($ million)
Data Table on UK - Market size and forecast 2024-2029 ($ million)
Chart on UK - Year-over-year growth 2024-2029 (%)
Data Table on UK - Year-over-year growth 2024-2029 (%)
11.13 Japan - Market size and forecast 2024-2029
Chart on Japan - Market size and forecast 2024-2029 ($ million)
Data Table on Japan - Market size and forecast 2024-2029 ($ million)
Chart on Japan - Year-over-year growth 2024-2029 (%)
Data Table on Japan - Year-over-year growth 2024-2029 (%)
11.14 India - Market size and forecast 2024-2029
Chart on India - Market size and forecast 2024-2029 ($ million)
Data Table on India - Market size and forecast 2024-2029 ($ million)
Chart on India - Year-over-year growth 2024-2029 (%)
Data Table on India - Year-over-year growth 2024-2029 (%)
11.15 France - Market size and forecast 2024-2029
Chart on France - Market size and forecast 2024-2029 ($ million)
Data Table on France - Market size and forecast 2024-2029 ($ million)
Chart on France - Year-over-year growth 2024-2029 (%)
Data Table on France - Year-over-year growth 2024-2029 (%)
11.16 Mexico - Market size and forecast 2024-2029
Chart on Mexico - Market size and forecast 2024-2029 ($ million)
Data Table on Mexico - Market size and forecast 2024-2029 ($ million)
Chart on Mexico - Year-over-year growth 2024-2029 (%)
Data Table on Mexico - Year-over-year growth 2024-2029 (%)
11.17 South Korea - Market size and forecast 2024-2029
Chart on South Korea - Market size and forecast 2024-2029 ($ million)
Data Table on South Korea - Market size and forecast 2024-2029 ($ million)
Chart on South Korea - Year-over-year growth 2024-2029 (%)
Data Table on South Korea - Year-over-year growth 2024-2029 (%)
11.18 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ million)
Data Tables on Market opportunity By Geographical Landscape ($ million)
12 Drivers, Challenges, and Opportunity/Restraints
12.1 Market drivers
12.2 Market challenges
12.3 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
12.4 Market opportunities/restraints
13 Competitive Landscape
13.1 Overview
13.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
13.3 Landscape disruption
Overview on factors of disruption
13.4 Industry risks
Impact of key risks on business
14 Competitive Analysis
14.1 Companies profiled
Companies covered
14.2 Company ranking index
Company ranking index
14.3 Market positioning of companies
Matrix on companies position and classification
14.4 Alibaba Cloud
Alibaba Cloud - Overview
Alibaba Cloud - Product / Service
Alibaba Cloud - Key offerings
SWOT
14.5 Amazon Web Services Inc.
Amazon Web Services Inc. - Overview
Amazon Web Services Inc. - Product / Service
Amazon Web Services Inc. - Key news
Amazon Web Services Inc. - Key offerings
SWOT
14.6 Baidu Inc.
Baidu Inc. - Overview
Baidu Inc. - Business segments
Baidu Inc. - Key offerings
Baidu Inc. - Segment focus
SWOT
14.7 Cohere
Cohere - Overview
Cohere - Product / Service
Cohere - Key offerings
SWOT
14.8 DeepMind Technologies Ltd.
DeepMind Technologies Ltd. - Overview
DeepMind Technologies Ltd. - Product / Service
DeepMind Technologies Ltd. - Key offerings
SWOT
14.9 deepset GmbH
deepset GmbH - Overview
deepset GmbH - Product / Service
deepset GmbH - Key offerings
SWOT
14.10 H2O.ai Inc.
H2O.ai Inc. - Overview
H2O.ai Inc. - Product / Service
H2O.ai Inc. - Key offerings
SWOT
14.11 International Business Machines Corp.
International Business Machines Corp. - Overview
International Business Machines Corp. - Business segments
International Business Machines Corp. - Key news
International Business Machines Corp. - Key offerings
International Business Machines Corp. - Segment focus
SWOT
14.12 Meta Platforms Inc.
Meta Platforms Inc. - Overview
Meta Platforms Inc. - Business segments
Meta Platforms Inc. - Key offerings
Meta Platforms Inc. - Segment focus
SWOT
14.13 Microsoft Corp.
Microsoft Corp. - Overview
Microsoft Corp. - Business segments
Microsoft Corp. - Key news
Microsoft Corp. - Key offerings
Microsoft Corp. - Segment focus
SWOT
14.14 NVIDIA Corp.
NVIDIA Corp. - Overview
NVIDIA Corp. - Business segments
NVIDIA Corp. - Key news
NVIDIA Corp. - Key offerings
NVIDIA Corp. - Segment focus
SWOT
14.15 Salesforce Inc.
Salesforce Inc. - Overview
Salesforce Inc. - Product / Service
Salesforce Inc. - Key news
Salesforce Inc. - Key offerings
SWOT
14.16 Tencent Holdings Ltd.
Tencent Holdings Ltd. - Overview
Tencent Holdings Ltd. - Business segments
Tencent Holdings Ltd. - Key news
Tencent Holdings Ltd. - Key offerings
Tencent Holdings Ltd. - Segment focus
SWOT
15 Appendix
15.1 Scope of the report
15.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
15.3 Currency conversion rates for US$
Currency conversion rates for US$
15.4 Research methodology
Research methodology
15.5 Data procurement
Information sources
15.6 Data validation
Data validation
15.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
15.8 Data synthesis
Data synthesis
15.9 360 degree market analysis
360 degree market analysis
15.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Application
Exhibits 6: Executive Summary - Chart on Market Segmentation by Deployment
Exhibits 7: Executive Summary - Chart on Market Segmentation by Type
Exhibits 8: Executive Summary - Chart on Incremental Growth
Exhibits 9: Executive Summary - Data Table on Incremental Growth
Exhibits 10: Executive Summary - Chart on Company Market Positioning
Exhibits 11: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 12: Overview on criticality of inputs and factors of differentiation
Exhibits 13: Overview on factors of disruption
Exhibits 14: Impact of drivers and challenges in 2024 and 2029
Exhibits 15: Parent Market
Exhibits 16: Data Table on - Parent Market
Exhibits 17: Market characteristics analysis
Exhibits 18: Value chain analysis
Exhibits 19: Offerings of companies included in the market definition
Exhibits 20: Market segments
Exhibits 21: Chart on Global - Market size and forecast 2024-2029 ($ million)
Exhibits 22: Data Table on Global - Market size and forecast 2024-2029 ($ million)
Exhibits 23: Chart on Global Market: Year-over-year growth 2024-2029 (%)
Exhibits 24: Data Table on Global Market: Year-over-year growth 2024-2029 (%)
Exhibits 25: Historic Market Size - Data Table on Global Open-Source LLM Market 2019 - 2023 ($ million)
Exhibits 26: Historic Market Size - Application Segment 2019 - 2023 ($ million)
Exhibits 27: Historic Market Size - Deployment Segment 2019 - 2023 ($ million)
Exhibits 28: Historic Market Size - Type Segment 2019 - 2023 ($ million)
Exhibits 29: Historic Market Size - Geography Segment 2019 - 2023 ($ million)
Exhibits 30: Historic Market Size - Country Segment 2019 - 2023 ($ million)
Exhibits 31: Five forces analysis - Comparison between 2024 and 2029
Exhibits 32: Bargaining power of buyers - Impact of key factors 2024 and 2029
Exhibits 33: Bargaining power of suppliers - Impact of key factors in 2024 and 2029
Exhibits 34: Threat of new entrants - Impact of key factors in 2024 and 2029
Exhibits 35: Threat of substitutes - Impact of key factors in 2024 and 2029
Exhibits 36: Threat of rivalry - Impact of key factors in 2024 and 2029
Exhibits 37: Chart on Market condition - Five forces 2024 and 2029
Exhibits 38: Chart on Application - Market share 2024-2029 (%)
Exhibits 39: Data Table on Application - Market share 2024-2029 (%)
Exhibits 40: Chart on Comparison by Application
Exhibits 41: Data Table on Comparison by Application
Exhibits 42: Chart on Technology and software - Market size and forecast 2024-2029 ($ million)
Exhibits 43: Data Table on Technology and software - Market size and forecast 2024-2029 ($ million)
Exhibits 44: Chart on Technology and software - Year-over-year growth 2024-2029 (%)
Exhibits 45: Data Table on Technology and software - Year-over-year growth 2024-2029 (%)
Exhibits 46: Chart on Finance and banking - Market size and forecast 2024-2029 ($ million)
Exhibits 47: Data Table on Finance and banking - Market size and forecast 2024-2029 ($ million)
Exhibits 48: Chart on Finance and banking - Year-over-year growth 2024-2029 (%)
Exhibits 49: Data Table on Finance and banking - Year-over-year growth 2024-2029 (%)
Exhibits 50: Chart on Healthcare and biotechnology - Market size and forecast 2024-2029 ($ million)
Exhibits 51: Data Table on Healthcare and biotechnology - Market size and forecast 2024-2029 ($ million)
Exhibits 52: Chart on Healthcare and biotechnology - Year-over-year growth 2024-2029 (%)
Exhibits 53: Data Table on Healthcare and biotechnology - Year-over-year growth 2024-2029 (%)
Exhibits 54: Chart on E-commerce and retail - Market size and forecast 2024-2029 ($ million)
Exhibits 55: Data Table on E-commerce and retail - Market size and forecast 2024-2029 ($ million)
Exhibits 56: Chart on E-commerce and retail - Year-over-year growth 2024-2029 (%)
Exhibits 57: Data Table on E-commerce and retail - Year-over-year growth 2024-2029 (%)
Exhibits 58: Chart on Others - Market size and forecast 2024-2029 ($ million)
Exhibits 59: Data Table on Others - Market size and forecast 2024-2029 ($ million)
Exhibits 60: Chart on Others - Year-over-year growth 2024-2029 (%)
Exhibits 61: Data Table on Others - Year-over-year growth 2024-2029 (%)
Exhibits 62: Market opportunity by Application ($ million)
Exhibits 63: Data Table on Market opportunity by Application ($ million)
Exhibits 64: Chart on Deployment - Market share 2024-2029 (%)
Exhibits 65: Data Table on Deployment - Market share 2024-2029 (%)
Exhibits 66: Chart on Comparison by Deployment
Exhibits 67: Data Table on Comparison by Deployment
Exhibits 68: Chart on On-premises - Market size and forecast 2024-2029 ($ million)
Exhibits 69: Data Table on On-premises - Market size and forecast 2024-2029 ($ million)
Exhibits 70: Chart on On-premises - Year-over-year growth 2024-2029 (%)
Exhibits 71: Data Table on On-premises - Year-over-year growth 2024-2029 (%)
Exhibits 72: Chart on Cloud - Market size and forecast 2024-2029 ($ million)
Exhibits 73: Data Table on Cloud - Market size and forecast 2024-2029 ($ million)
Exhibits 74: Chart on Cloud - Year-over-year growth 2024-2029 (%)
Exhibits 75: Data Table on Cloud - Year-over-year growth 2024-2029 (%)
Exhibits 76: Market opportunity by Deployment ($ million)
Exhibits 77: Data Table on Market opportunity by Deployment ($ million)
Exhibits 78: Chart on Type - Market share 2024-2029 (%)
Exhibits 79: Data Table on Type - Market share 2024-2029 (%)
Exhibits 80: Chart on Comparison by Type
Exhibits 81: Data Table on Comparison by Type
Exhibits 82: Chart on Transformer-based models - Market size and forecast 2024-2029 ($ million)
Exhibits 83: Data Table on Transformer-based models - Market size and forecast 2024-2029 ($ million)
Exhibits 84: Chart on Transformer-based models - Year-over-year growth 2024-2029 (%)
Exhibits 85: Data Table on Transformer-based models - Year-over-year growth 2024-2029 (%)
Exhibits 86: Chart on Multilingual models - Market size and forecast 2024-2029 ($ million)
Exhibits 87: Data Table on Multilingual models - Market size and forecast 2024-2029 ($ million)
Exhibits 88: Chart on Multilingual models - Year-over-year growth 2024-2029 (%)
Exhibits 89: Data Table on Multilingual models - Year-over-year growth 2024-2029 (%)
Exhibits 90: Chart on Conditional and generative models - Market size and forecast 2024-2029 ($ million)
Exhibits 91: Data Table on Conditional and generative models - Market size and forecast 2024-2029 ($ million)
Exhibits 92: Chart on Conditional and generative models - Year-over-year growth 2024-2029 (%)
Exhibits 93: Data Table on Conditional and generative models - Year-over-year growth 2024-2029 (%)
Exhibits 94: Chart on Others - Market size and forecast 2024-2029 ($ million)
Exhibits 95: Data Table on Others - Market size and forecast 2024-2029 ($ million)
Exhibits 96: Chart on Others - Year-over-year growth 2024-2029 (%)
Exhibits 97: Data Table on Others - Year-over-year growth 2024-2029 (%)
Exhibits 98: Market opportunity by Type ($ million)
Exhibits 99: Data Table on Market opportunity by Type ($ million)
Exhibits 100: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 101: Chart on Market share By Geographical Landscape 2024-2029 (%)
Exhibits 102: Data Table on Market share By Geographical Landscape 2024-2029 (%)
Exhibits 103: Chart on Geographic comparison
Exhibits 104: Data Table on Geographic comparison
Exhibits 105: Chart on North America - Market size and forecast 2024-2029 ($ million)
Exhibits 106: Data Table on North America - Market size and forecast 2024-2029 ($ million)
Exhibits 107: Chart on North America - Year-over-year growth 2024-2029 (%)
Exhibits 108: Data Table on North America - Year-over-year growth 2024-2029 (%)
Exhibits 109: Chart on APAC - Market size and forecast 2024-2029 ($ million)
Exhibits 110: Data Table on APAC - Market size and forecast 2024-2029 ($ million)
Exhibits 111: Chart on APAC - Year-over-year growth 2024-2029 (%)
Exhibits 112: Data Table on APAC - Year-over-year growth 2024-2029 (%)
Exhibits 113: Chart on Europe - Market size and forecast 2024-2029 ($ million)
Exhibits 114: Data Table on Europe - Market size and forecast 2024-2029 ($ million)
Exhibits 115: Chart on Europe - Year-over-year growth 2024-2029 (%)
Exhibits 116: Data Table on Europe - Year-over-year growth 2024-2029 (%)
Exhibits 117: Chart on South America - Market size and forecast 2024-2029 ($ million)
Exhibits 118: Data Table on South America - Market size and forecast 2024-2029 ($ million)
Exhibits 119: Chart on South America - Year-over-year growth 2024-2029 (%)
Exhibits 120: Data Table on South America - Year-over-year growth 2024-2029 (%)
Exhibits 121: Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
Exhibits 122: Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
Exhibits 123: Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
Exhibits 124: Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
Exhibits 125: Chart on US - Market size and forecast 2024-2029 ($ million)
Exhibits 126: Data Table on US - Market size and forecast 2024-2029 ($ million)
Exhibits 127: Chart on US - Year-over-year growth 2024-2029 (%)
Exhibits 128: Data Table on US - Year-over-year growth 2024-2029 (%)
Exhibits 129: Chart on China - Market size and forecast 2024-2029 ($ million)
Exhibits 130: Data Table on China - Market size and forecast 2024-2029 ($ million)
Exhibits 131: Chart on China - Year-over-year growth 2024-2029 (%)
Exhibits 132: Data Table on China - Year-over-year growth 2024-2029 (%)
Exhibits 133: Chart on Germany - Market size and forecast 2024-2029 ($ million)
Exhibits 134: Data Table on Germany - Market size and forecast 2024-2029 ($ million)
Exhibits 135: Chart on Germany - Year-over-year growth 2024-2029 (%)
Exhibits 136: Data Table on Germany - Year-over-year growth 2024-2029 (%)
Exhibits 137: Chart on Canada - Market size and forecast 2024-2029 ($ million)
Exhibits 138: Data Table on Canada - Market size and forecast 2024-2029 ($ million)
Exhibits 139: Chart on Canada - Year-over-year growth 2024-2029 (%)
Exhibits 140: Data Table on Canada - Year-over-year growth 2024-2029 (%)
Exhibits 141: Chart on UK - Market size and forecast 2024-2029 ($ million)
Exhibits 142: Data Table on UK - Market size and forecast 2024-2029 ($ million)
Exhibits 143: Chart on UK - Year-over-year growth 2024-2029 (%)
Exhibits 144: Data Table on UK - Year-over-year growth 2024-2029 (%)
Exhibits 145: Chart on Japan - Market size and forecast 2024-2029 ($ million)
Exhibits 146: Data Table on Japan - Market size and forecast 2024-2029 ($ million)
Exhibits 147: Chart on Japan - Year-over-year growth 2024-2029 (%)
Exhibits 148: Data Table on Japan - Year-over-year growth 2024-2029 (%)
Exhibits 149: Chart on India - Market size and forecast 2024-2029 ($ million)
Exhibits 150: Data Table on India - Market size and forecast 2024-2029 ($ million)
Exhibits 151: Chart on India - Year-over-year growth 2024-2029 (%)
Exhibits 152: Data Table on India - Year-over-year growth 2024-2029 (%)
Exhibits 153: Chart on France - Market size and forecast 2024-2029 ($ million)
Exhibits 154: Data Table on France - Market size and forecast 2024-2029 ($ million)
Exhibits 155: Chart on France - Year-over-year growth 2024-2029 (%)
Exhibits 156: Data Table on France - Year-over-year growth 2024-2029 (%)
Exhibits 157: Chart on Mexico - Market size and forecast 2024-2029 ($ million)
Exhibits 158: Data Table on Mexico - Market size and forecast 2024-2029 ($ million)
Exhibits 159: Chart on Mexico - Year-over-year growth 2024-2029 (%)
Exhibits 160: Data Table on Mexico - Year-over-year growth 2024-2029 (%)
Exhibits 161: Chart on South Korea - Market size and forecast 2024-2029 ($ million)
Exhibits 162: Data Table on South Korea - Market size and forecast 2024-2029 ($ million)
Exhibits 163: Chart on South Korea - Year-over-year growth 2024-2029 (%)
Exhibits 164: Data Table on South Korea - Year-over-year growth 2024-2029 (%)
Exhibits 165: Market opportunity By Geographical Landscape ($ million)
Exhibits 166: Data Tables on Market opportunity By Geographical Landscape ($ million)
Exhibits 167: Impact of drivers and challenges in 2024 and 2029
Exhibits 168: Overview on criticality of inputs and factors of differentiation
Exhibits 169: Overview on factors of disruption
Exhibits 170: Impact of key risks on business
Exhibits 171: Companies covered
Exhibits 172: Company ranking index
Exhibits 173: Matrix on companies position and classification
Exhibits 174: Alibaba Cloud - Overview
Exhibits 175: Alibaba Cloud - Product / Service
Exhibits 176: Alibaba Cloud - Key offerings
Exhibits 177: SWOT
Exhibits 178: Amazon Web Services Inc. - Overview
Exhibits 179: Amazon Web Services Inc. - Product / Service
Exhibits 180: Amazon Web Services Inc. - Key news
Exhibits 181: Amazon Web Services Inc. - Key offerings
Exhibits 182: SWOT
Exhibits 183: Baidu Inc. - Overview
Exhibits 184: Baidu Inc. - Business segments
Exhibits 185: Baidu Inc. - Key offerings
Exhibits 186: Baidu Inc. - Segment focus
Exhibits 187: SWOT
Exhibits 188: Cohere - Overview
Exhibits 189: Cohere - Product / Service
Exhibits 190: Cohere - Key offerings
Exhibits 191: SWOT
Exhibits 192: DeepMind Technologies Ltd. - Overview
Exhibits 193: DeepMind Technologies Ltd. - Product / Service
Exhibits 194: DeepMind Technologies Ltd. - Key offerings
Exhibits 195: SWOT
Exhibits 196: deepset GmbH - Overview
Exhibits 197: deepset GmbH - Product / Service
Exhibits 198: deepset GmbH - Key offerings
Exhibits 199: SWOT
Exhibits 200: H2O.ai Inc. - Overview
Exhibits 201: H2O.ai Inc. - Product / Service
Exhibits 202: H2O.ai Inc. - Key offerings
Exhibits 203: SWOT
Exhibits 204: International Business Machines Corp. - Overview
Exhibits 205: International Business Machines Corp. - Business segments
Exhibits 206: International Business Machines Corp. - Key news
Exhibits 207: International Business Machines Corp. - Key offerings
Exhibits 208: International Business Machines Corp. - Segment focus
Exhibits 209: SWOT
Exhibits 210: Meta Platforms Inc. - Overview
Exhibits 211: Meta Platforms Inc. - Business segments
Exhibits 212: Meta Platforms Inc. - Key offerings
Exhibits 213: Meta Platforms Inc. - Segment focus
Exhibits 214: SWOT
Exhibits 215: Microsoft Corp. - Overview
Exhibits 216: Microsoft Corp. - Business segments
Exhibits 217: Microsoft Corp. - Key news
Exhibits 218: Microsoft Corp. - Key offerings
Exhibits 219: Microsoft Corp. - Segment focus
Exhibits 220: SWOT
Exhibits 221: NVIDIA Corp. - Overview
Exhibits 222: NVIDIA Corp. - Business segments
Exhibits 223: NVIDIA Corp. - Key news
Exhibits 224: NVIDIA Corp. - Key offerings
Exhibits 225: NVIDIA Corp. - Segment focus
Exhibits 226: SWOT
Exhibits 227: Salesforce Inc. - Overview
Exhibits 228: Salesforce Inc. - Product / Service
Exhibits 229: Salesforce Inc. - Key news
Exhibits 230: Salesforce Inc. - Key offerings
Exhibits 231: SWOT
Exhibits 232: Tencent Holdings Ltd. - Overview
Exhibits 233: Tencent Holdings Ltd. - Business segments
Exhibits 234: Tencent Holdings Ltd. - Key news
Exhibits 235: Tencent Holdings Ltd. - Key offerings
Exhibits 236: Tencent Holdings Ltd. - Segment focus
Exhibits 237: SWOT
Exhibits 238: Inclusions checklist
Exhibits 239: Exclusions checklist
Exhibits 240: Currency conversion rates for US$
Exhibits 241: Research methodology
Exhibits 242: Information sources
Exhibits 243: Data validation
Exhibits 244: Validation techniques employed for market sizing
Exhibits 245: Data synthesis
Exhibits 246: 360 degree market analysis
Exhibits 247: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the global open-source llm market: Alibaba Cloud, Amazon Web Services Inc., Baidu Inc., Cohere, DeepMind Technologies Ltd., deepset GmbH, H2O.ai Inc., International Business Machines Corp., Meta Platforms Inc., Microsoft Corp., NVIDIA Corp., Salesforce Inc., and Tencent Holdings Ltd..

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is focus on efficiency of proliferation of smaller."

According to the report, one of the major drivers for this market is the increasing democratization and compelling economics.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Alibaba Cloud
  • Amazon Web Services Inc.
  • Baidu Inc.
  • Cohere
  • DeepMind Technologies Ltd.
  • deepset GmbH
  • H2O.ai Inc.
  • International Business Machines Corp.
  • Meta Platforms Inc.
  • Microsoft Corp.
  • NVIDIA Corp.
  • Salesforce Inc.
  • Tencent Holdings Ltd.