Marketing has been one of the most significantly impacted functions by the rapid adoption and advancement of Large Language Models (LLMs). These powerful Generative AI tools are actively changing the way we approach various marketing tasks, from content creation and copywriting to strategic planning and campaign development. However, despite the growing interest and investment in LLMs, there has been a lack of comprehensive, unbiased studies evaluating their performance against real-world marketing use cases.
To address this gap, our team of experienced marketers conducted the first impartial study assessing the leading LLMs in the market. We recognized the need for a study that was not only conducted for marketers by marketers but also one that focused on the practical applications and challenges faced by marketing professionals in their daily work.
Background
The global AI market has already been valued at $241.8 billion in 2023 as compared to $135 billion in 2022, and it is expected to surge to a staggering $740 billion by 2030, reflecting a CAGR of 17.3%, according to Statista. This surge is being spearheaded by the United States, boasting the world’s strongest AI research capabilities, followed closely by Europe. Enterprises are seeing a steep adoption rate. According to OpenAI, 90% of Fortune 500 brands are actively using their tools and API internally.
