PUBLISHER: TechNavio | PRODUCT CODE: 1774402
PUBLISHER: TechNavio | PRODUCT CODE: 1774402
The model serving platforms market is forecasted to grow by USD 10,049.2 mn during 2024-2029, accelerating at a CAGR of 40.9% during the forecast period. The report on the model serving platforms 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 proliferation and increasing complexity of ai models, particularly generative ai, escalating demand for real-time, low-latency ai applications, and maturation of mlops and intensified focus on governance, risk, and compliance.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 38.4% |
CAGR | 40.9% |
Incremental Value | $10,049.2 mn |
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.
Technavio's model serving platforms market is segmented as below:
By Type
By Deployment
By End-user
By Geographical Landscape
This study identifies the exponential growth of generative ai and large language models as one of the prime reasons driving the model serving platforms market growth during the next few years. Also, maturation of mlops and imperative for robust governance and democratization of ai and pursuit of cost-effective scalability will lead to sizable demand in the market.
The report on the model serving platforms market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading model serving platforms market vendors that include Alibaba Cloud, Amazon Web Services Inc., Baidu Inc., Databricks Inc., Dataiku Inc., DataRobot Inc., Domino Data Lab Inc., Evidently AI, Google LLC, H2O.ai Inc., Iguazio Ltd., International Business Machines Corp., Microsoft Corp., MindsDB., NVIDIA Corp., Oracle Corp., SAS Institute Inc., Seldon Technologies, TIBCO Software Inc., and Valohai. Also, the model serving platforms 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 publisher 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.
Exhibits: