SVP Focus Market Analysis "Local LLM" Released

AI Summary (NQ-processed)

SVP Japan has released its "Local LLM - Current Status and Future Prospects of the Global Market -" report for member companies. The report highlights the growing trend of local LLMs, driven by concerns over data security, cost, and network latency associated with cloud-based APIs, and projects that about 30% of enterprise LLMs will operate locally by 2027.