The market for ModelOps is poised to register a robust CAGR of 38.3% from 2024 to 2032, according to our latest research study. The market, which was valued at USD 3.79 billion in 2023, is anticipated to grow to USD 70.07 billion by 2032.
饾悆饾惃饾惏饾惂饾惀饾惃饾悮饾悵 饾悈饾惈饾悶饾悶 饾悞饾悮饾惁饾惄饾惀饾悶 饾悘饾悆饾悈 饾悅饾惃饾惄饾惒 饾惃饾悷 饾惌饾悺饾悶 饾悜饾悶饾惄饾惃饾惈饾惌:
https://www.polarismarketresearch.com/industry-analysis/modelops-market/request-for-sample
饾悥饾悺饾悮饾惌 饾悽饾惉 饾悓饾惃饾悵饾悶饾惀饾悗饾惄饾惉?
ModelOps, or AI model operationalization, is a collection of technologies, tools, and processes for the deployment, management, and monitoring of machine learning (ML) models. It is vital to scale and govern artificial intelligence (AI) models at the enterprise level. ModelOps is based on the concept of DevOps but adapted for ensuring good quality of ML models. In general, ModelOps covers continuous delivery, model versioning, model store, and rollback, amongst others. It acts as a bridge between application owners, data engineers, and data scientists and promotes collaboration and improved productivity.
ModelOps is used by enterprises to solve complex challenges such as silos environment, regulatory compliance, and complex technology. It finds applications across several domains, including finance, healthcare, and retail. The rising integration of AI and ML by businesses into business processes to improve processes and gain competitive advantage primarily drives the ModelOps market demand.
饾悥饾悺饾悮饾惌’饾惉 饾悆饾惈饾悽饾惎饾悽饾惂饾悹 饾悓饾悮饾惈饾悿饾悶饾惌 饾悊饾惈饾惃饾惏饾惌饾悺?
• 饾悡饾悶饾悳饾悺饾惂饾惃饾惀饾惃饾悹饾悽饾悳饾悮饾惀 饾悁饾悵饾惎饾悮饾惂饾悳饾悶饾惁饾悶饾惂饾惌饾惉: Technological advancements in automated machine learning (AutoML) are one of the key factors driving the ModelOps market growth. Companies are continuously introducing AutoML platforms to make machine learning accessible to non-machine learning experts and other businesses.
• 饾悎饾惂饾悳饾惈饾悶饾悮饾惉饾悽饾惂饾悹 饾悊饾惀饾惃饾悰饾悮饾惀 饾悈饾惃饾惃饾惌饾惄饾惈饾悽饾惂饾惌 饾惃饾悷 饾悎饾悡/饾悎饾悡饾悶饾悞 饾悅饾惃饾惁饾惄饾悮饾惂饾悽饾悶饾惉: The growing global footprint of IT/ITeS firms demands robust data management solutions. These companies are adopting AI and ML technologies to improve their product offerings and enhance operational efficiencies.
• 饾悊饾惈饾惃饾惏饾惌饾悺 饾悽饾惂 饾悆饾悮饾惌饾悮 饾悎饾惂饾惌饾悶饾悹饾惈饾悮饾惌饾悽饾惃饾惂: There has been an exponential increase in data volumes due to rising advancements in various social media platforms. The growth in data integration creates the need for comprehensive data management strategies, impacting the market expansion favorably.
饾悥饾悺饾惃 饾悁饾惈饾悶 饾悓饾悮饾惈饾悿饾悶饾惌 饾悐饾悶饾惒 饾悘饾惀饾悮饾惒饾悶饾惈饾惉?
Altair Engineering Inc.; C3.ai, Inc.; Cloud Software Group, Inc.; Databricks; DataKitchen, Inc.; Datatron; SAS Institute Inc.; and Verta are some of the key players in the market. These businesses focus heavily on R&D in order to improve their product offerings. Also, they’re adopting strategic developments to expand their product footprints.
饾悜饾悶饾惇饾惍饾悶饾惉饾惌 饾悷饾惃饾惈 饾悮 饾悆饾悽饾惉饾悳饾惃饾惍饾惂饾惌 饾惃饾惂 饾惌饾悺饾悽饾惉 饾悜饾悶饾惄饾惃饾惈饾惌 饾悂饾悶饾悷饾惃饾惈饾悶 饾悘饾惍饾惈饾悳饾悺饾悮饾惉饾悶:
https://www.polarismarketresearch.com/industry-analysis/modelops-market/request-for-discount-pricing
饾悞饾惃饾惁饾悶 饾惃饾悷 饾惌饾悺饾悶 饾惀饾悮饾惌饾悶饾惉饾惌 饾悓饾惃饾悵饾悶饾惀饾悗饾惄饾惉 饾惁饾悮饾惈饾悿饾悶饾惌 饾悵饾悶饾惎饾悶饾惀饾惃饾惄饾惁饾悶饾惂饾惌饾惉 饾悮饾惈饾悶:
• 饾悎饾惂 饾悞饾悶饾惄饾惌饾悶饾惁饾悰饾悶饾惈 饾煇饾煄饾煇饾煈, Teradata announced new upgrades to its ClearScape Analytics software, which focuses on AI/ML model management. The upgrades are designed to cater to the rising global demand for advanced analytics and AI capabilities within organizations.
• 饾悎饾惂 饾悓饾悮饾惈饾悳饾悺 饾煇饾煄饾煇饾煇, ModelOp released ModelOp Center 3.0. The new model provides significant capabilities for governing and scaling AI in the enterprise.
饾悋饾惃饾惏 饾悎饾惉 饾悓饾悮饾惈饾悿饾悶饾惌 饾悞饾悶饾悹饾惁饾悶饾惂饾惌饾悮饾惌饾悽饾惃饾惂 饾悆饾惃饾惂饾悶?
The ModelOps market segmentation is primarily based on offering, model type, verticals, and application.
Based on application insights, the monitoring and altering segment is anticipated to witness a significant CAGR. The segment’s growth is primarily due to the rising adoption of AI and ML models across several sectors, such as manufacturing, IT/ITeS, BFSI, and others.
Based on vertical insights, the BFSI segment dominated the market in 2023. This is due to the extensive use of decision-making models in credit, investment, and banking processes within institutions. Besides, an increased emphasis on establishing model risk management teams and processes is having a favorable impact on the segment’s expansion.
饾悎饾惂饾惇饾惍饾悽饾惈饾悶 饾惁饾惃饾惈饾悶 饾悮饾悰饾惃饾惍饾惌 饾惌饾悺饾悽饾惉 饾惈饾悶饾惄饾惃饾惈饾惌 饾悰饾悶饾悷饾惃饾惈饾悶 饾惄饾惍饾惈饾悳饾悺饾悮饾惉饾悶:
https://www.polarismarketresearch.com/industry-analysis/modelops-market/inquire-before-buying
饾悥饾悺饾悽饾悳饾悺 饾悜饾悶饾悹饾悽饾惃饾惂 饾悑饾悶饾悮饾悵饾惉 饾悓饾悮饾惈饾悿饾悶饾惌 饾悊饾惈饾惃饾惏饾惌饾悺?
The research study offers a comprehensive overview of all the major regions and sub-regions of the ModelOps market. The major regions covered in the research report are North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
The Asia Pacific region is anticipated to witness the fastest growth over the forecast period. This is primarily due to the growth of key industries such as manufacturing, BSFI, IT, and e-commerce in the region. These industries are increasingly adopting AI and ML technologies to improve their operational efficiency and customer experience.
饾悂饾惈饾惃饾惏饾惉饾悶 饾悘饾悓饾悜'饾惉 饾悞饾惄饾悶饾悳饾悽饾悮饾惀饾惌饾惒 饾悓饾惃饾悵饾悶饾惀饾悗饾惄饾惉 饾悓饾悮饾惈饾悿饾悶饾惌 饾悜饾悶饾惄饾惃饾惈饾惌 饾悅饾惃饾惎饾悶饾惈饾悮饾悹饾悶 饾悷饾惈饾惃饾惁 饾悆饾悽饾悷饾悷饾悶饾惈饾悶饾惂饾惌 饾悘饾惍饾悰饾惀饾悽饾悳饾悮饾惌饾悽饾惃饾惂饾惉:
The global ModelOps market size is expected to reach USD 70.07 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 38.3% during the forecast period (2024 - 2032).
饾悈饾悁饾悙饾惉:
饾悥饾悺饾悮饾惌 饾悽饾惉 饾惌饾悺饾悶 饾悹饾惈饾惃饾惏饾惌饾悺 饾惈饾悮饾惌饾悶 饾惃饾悷 饾惌饾悺饾悶 饾悓饾惃饾悵饾悶饾惀饾悗饾惄饾惉 饾惁饾悮饾惈饾悿饾悶饾惌?
The market is poised to register a CAGR of 38.3% from 2024 to 2032.
饾悥饾悺饾悽饾悳饾悺 饾惈饾悶饾悹饾悽饾惃饾惂 饾悺饾悶饾惀饾悵 饾惌饾悺饾悶 饾惀饾悮饾惈饾悹饾悶饾惉饾惌 饾悓饾惃饾悵饾悶饾惀饾悗饾惄饾惉 饾惁饾悮饾惈饾悿饾悶饾惌 饾惉饾悺饾悮饾惈饾悶?
North America led the market in 2023.
饾悥饾悺饾悽饾悳饾悺 饾悮饾惄饾惄饾惀饾悽饾悳饾悮饾惌饾悽饾惃饾惂 饾惉饾悶饾悹饾惁饾悶饾惂饾惌 饾悽饾惉 饾惄饾惃饾悽饾惉饾悶饾悵 饾惌饾惃 饾惏饾悽饾惌饾惂饾悶饾惉饾惉 饾悮 饾惉饾悽饾悹饾惂饾悽饾悷饾悽饾悳饾悮饾惂饾惌 饾悅饾悁饾悊饾悜?
The monitoring & alerting application segment is poised to witness significant growth in the market in 2023.
饾悥饾悺饾悽饾悳饾悺 饾惎饾悶饾惈饾惌饾悽饾悳饾悮饾惀 饾惉饾悶饾悹饾惁饾悶饾惂饾惌 饾悵饾惃饾惁饾悽饾惂饾悮饾惌饾悶饾悵 饾惌饾悺饾悶 饾悓饾惃饾悵饾悶饾惀饾悗饾惄饾惉 饾惁饾悮饾惈饾悿饾悶饾惌 饾悽饾惂 饾煇饾煄饾煇饾煈?
The BFSI segment dominated the ModelOps market.
饾悁饾悰饾惃饾惍饾惌 饾悘饾惃饾惀饾悮饾惈饾悽饾惉 饾悓饾悮饾惈饾悿饾悶饾惌 饾悜饾悶饾惉饾悶饾悮饾惈饾悳饾悺:
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Polaris Market Research and Consulting
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