The large language model market is experiencing rapid growth due to the increasing demand for advanced natural language processing solutions in various industries. This is driven by the potential of NLP to automate tasks, improve customer experiences, and extract insights from unstructured text data. The availability of cloud computing and high-performance hardware has made it easier for smaller entities to access and utilize large language models. The market is segmented by offering, deployment, modality, application, and region. The leading segments are software and customer service automation.