小規模言語モデル(SLM)市場 – 2032年までの世界予測

Small Language Models (SMLs) Market - Global Forecast to 2032

小規模言語モデル(SLM)市場 - サービス(モデルトレーニングおよび微調整サービス、カスタムモデル開発サービス)、用途(コンテンツ生成、感情分析)、データモダリティ(テキスト、オーディオ、コード、ビデオ、マルチモーダル) - 2032年までの世界予測
Small Language Model (SLM) Market by Offering (Model Training & Fine-Tuning Services, Custom Model Development Services), Application (Content Generation, Sentiment Analysis), Data Modality (Text, Audio, Code, Video, Multimodal) - Global Forecast to 2032

商品番号 : SMB-76831

出版社MarketsandMarkets
出版年月2025年3月
ページ数358
図表数375
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

Report Overview

The Small language models market is projected to grow from USD 0.93 billion in 2025 to USD 5.45 billion by 2032, at a compound annual growth rate (CAGR) of 28.7% during the forecast period.

小規模言語モデル(SLM)市場は、予測期間中に年平均成長率 (CAGR) 28.7% で成長し、2025 年の 9 億 3,000 万米ドルから 2032 年には 54 億 5,000 万米ドルに達すると予測されています。

小規模言語モデル(SLM)市場 - 2032年までの世界予測
small-language-model-market

SLMs require lower computational power, making them ideal for tasks like conversational AI, fraud detection, and predictive maintenance in industries such as finance, healthcare, and manufacturing. Additionally, the growth of AI-powered automation and robotic process automation (RPA) is driving SLM adoption, as businesses seek efficient, cost-effective AI solutions for automating workflows, data extraction, and customer support. SLMs enable on-device processing, reducing reliance on cloud infrastructure and enhancing privacy. SLMs face performance limitations, as they have fewer parameters and reduced capacity for complex reasoning, nuanced text generation, and deep contextual understanding. This can impact their accuracy and effectiveness in tasks requiring extensive knowledge or intricate decision-making. Additionally, SLMs often struggle with specialized applications due to limited training data. SLMs may lack the depth needed for large domain-specific expertise, making them less effective in areas like legal case analysis, medical diagnostics, or scientific research.

SLM は計算能力を必要としないため、金融、医療、製造業などの業界における会話型 AI、不正検出、予知保全などのタスクに最適です。さらに、AI を活用した自動化とロボティック プロセス オートメーション (RPA) の成長は、企業がワークフロー、データ抽出、顧客サポートを自動化するための効率的で費用対効果の高い AI ソリューションを求めていることから、SLM の採用を促進しています。SLM はデバイス上での処理を可能にするため、クラウド インフラストラクチャへの依存が減り、プライバシーが強化されます。SLM はパラメーターが少なく、複雑な推論、ニュアンスのあるテキスト生成、深いコンテキスト理解の能力が低いため、パフォーマンスの制限に直面しています。これは、広範な知識や複雑な意思決定を必要とするタスクにおける精度と有効性に影響を与える可能性があります。さらに、SLM はトレーニング データが限られているため、特殊なアプリケーションで苦労することがよくあります。SLM は、大規模なドメイン固有の専門知識に必要な深さが不足している場合があり、法的ケース分析、医療診断、科学研究などの分野では効果が低くなります。

“Semantic Search & Information Retrieval Application to Have Highest CAGR During Forecast Period”

The semantic search & information retrieval is expected to have highest CAGR in the small language models market due to the increasing need for faster and more accurate search results across industries. Unlike traditional keyword-based search, semantic search understands the intent and context behind queries, delivering more relevant results. Businesses are adopting SLM-powered search solutions to improve customer support, knowledge management, and data analysis. Industries such as healthcare, legal, and finance benefit from SLMs ability to process vast amounts of information efficiently. Additionally, the rise of AI-powered chatbots, virtual assistants, and enterprise search tools is driving demand for semantic search capabilities, making it a key growth area for SLM adoption.

“Software Offerings to Hold Largest Market Share During Forecast Period”

The software segment is expected to hold the largest market share during the forecast period due to the growing demand for ready-to-use AI models across various industries. Businesses prefer software-based SLM solutions as they offer cost-effective, scalable, and easily deployable AI capabilities for applications like chatbots, content generation, semantic search, and automation. Additionally, advancements in model optimization techniques have made SLMs more efficient, enabling their use on cloud, on-premises, and edge devices. Companies are increasingly integrating SLMs into their existing software ecosystems to enhance productivity and decision-making. With continuous improvements in AI algorithms and increasing adoption across sectors such as BFSI, healthcare, and retail, the software segment is set to dominate the SLM market.

小規模言語モデル(SLM)市場 - 2032年までの世界予測 region
small-language-model-market-region

“Asia Pacific’s rapid small language models market growth fueled by funding and emerging technologies, while North America leads in market size”

The Asia Pacific region is expected to grow at the fastest CAGR in the small language models market, while North America is projected to hold the largest market share. Singapore launched the National Multimodal Language Model Programme with USD 52 million in funding to build AI models suited for Southeast Asia’s diverse languages, while Malaysia’s Mesolitica introduced MaLLaM, an AI model supporting 16 regional languages, enhancing customer service and data analysis. Countries in this region are leveraging SLMs for applications like customer service, financial analysis, and e-commerce optimization, driving demand. Additionally, the growing number of AI startups and government initiatives supporting AI research are fueling market expansion. Meanwhile, North America dominates the market driven by strong AI adoption across enterprises, well-established technology infrastructure, and significant investments in AI research and development. Companies such as OpenAI, Microsoft, and Meta are developing smaller yet efficient AI models to optimize performance and accessibility. Additionally, enterprises are increasingly adopting proprietary small-scale AI models tailored to their specific needs, reducing reliance on large, generalized AI solutions.

Breakdown of primaries

In-depth interviews were conducted with Chief Executive Officers (CEOs), innovation and technology directors, system integrators, and executives from various key organizations operating in the small language models market.

  • By Company: Tier I – 27%, Tier II – 40%, and Tier III – 33%
  • By Designation: Directors – 30%, Managers – 44%, and others – 26%
  • By Region: North America – 48%, Europe – 24%, Asia Pacific – 18%, Middle East & Africa – 4%, and Latin America – 6%

The report includes the study of vendors offering small language models market. It profiles major vendors in the small language models market. The major players in the small language models market include Microsoft (US), IBM (US), Infosys (India), Mistral AI (France), AWS (US), Meta (US), Anthropic (US), Cohere (Canada), OpenAI (US), Alibaba (China), Arcee AI (US), Deepseek (China), Upstage AI (US), AI21 Labs (Israel), Krutrim (India), Stability AI (UK), Together AI (US), Lamini AI (US), Groq (US), Malted.ai (UK), Predibase (US), Cerebras (US), Ollama (US), Fireworks AI (US), Snowflake (US), and Prem AI (Switzerland).

小規模言語モデル(SLM)市場 - 2032年までの世界予測 ecosystem
small-language-model-market-ecosystem

Research coverage

This research report categorizes the small language models market by offering, deployment mode, application, data modality, model size, and end user. The offering segment is split into software and services. The services segment include custom model development services, model training & fine-tuning services, integration & deployment services, consulting & advisory services, and other services (prompt engineering and support & maintenance services). The deployment mode segment includes cloud, edge devices, and on-premise deployment modes. The application segment is split into content generation, sentiment analysis, semantic search & information retrieval, conversational AI, translation & localization, data extraction & document analysis, and other applications (behavioral analytics, anomaly detection and code generation & debugging). Data modality segment is split into text, voice, video, code, and multimodal. Model size segment includes small language models less than 2 billion parameters, 2 billion to less than 8 billion parameters, 8 billion to, less than 12 billion parameters, and 12 billion to 20 billion parameters. The end user segment includes individual users, and enterprise users. Enterprise end-users are further split into BFSI, healthcare & life sciences, retail & e-commerce, technology & software providers, media & entertainment, telecommunications, automotive, manufacturing, law firms, and others (education, and transportation & logistics). The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the small language models market. A detailed analysis of the key industry players has been done to provide insights into their business overview, solutions, and services; key strategies; contracts, partnerships, agreements, new product & service launches, mergers and acquisitions, and recent developments associated with the small language models market.

Key Benefits of Buying the Report

The report would provide the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall small language models market and its subsegments. It would help stakeholders understand the competitive landscape and gain more insights better to position their business and plan suitable go-to-market strategies. It also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

 

The report provides insights on the following pointers:

  • Analysis of key drivers (regulatory compliance driving local AI adoption, affordable AI solutions expanding market reach, advancements in model compression enabling efficiency and industry-specific AI models enhancing performance), restraints (shallow contextual understanding limits accuracy, lack of multimodal processing restricts functionality and fragmented development tools slowing standardization), opportunities (self-optimizing AI models enabling continuous improvement, automated AI model optimization via meta-learning and specialized AI infrastructure enhancing SLM efficiency), and challenges (combating AI-generated misinformation and deepfakes and limited scalability restricting generalized AI applications).
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the small language models market.
  • Market Development: Comprehensive information about lucrative markets – the report analyses the small language models market across varied regions.
  • Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the small language models market.
  • Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like Microsoft (US), IBM (US), Infosys (India), Mistral AI (France), AWS (US), Meta (US), Anthropic (US), Cohere (Canada), OpenAI (US), Alibaba (China), Arcee AI (US), Deepseek (China), Upstage AI (US), AI21 Labs (Israel), Krutrim (India), Stability AI (UK), Together AI (US), Lamini AI (US), Groq (US), Malted.ai (UK), Predibase (US), Cerebras (US), Ollama (US), Fireworks AI (US), Snowflake (US), and Prem AI (Switzerland), among others in the small language models market. The report also helps stakeholders understand the pulse of the small language models market and provides them with information on key market drivers, restraints, challenges, and opportunities.

 

Table of Contents

 

 

1               INTRODUCTION              32

1.1           STUDY OBJECTIVES       32

1.2           MARKET DEFINITION   32

1.2.1        INCLUSIONS AND EXCLUSIONS 33

1.3           MARKET SCOPE                34

1.3.1        MARKET SEGMENTATION           34

1.3.2        YEARS CONSIDERED      35

1.4           CURRENCY CONSIDERED            35

1.5           STAKEHOLDERS               36

2               RESEARCH METHODOLOGY       37

2.1           RESEARCH DATA              37

2.1.1        SECONDARY DATA          38

2.1.2        PRIMARY DATA 38

2.1.2.1    Breakup of primary profiles                39

2.1.2.2    Key industry insights           39

2.2           MARKET BREAKUP AND DATA TRIANGULATION                 40

2.3           MARKET SIZE ESTIMATION         41

2.3.1        TOP-DOWN APPROACH                41

2.3.2        BOTTOM-UP APPROACH              42

2.4           MARKET FORECAST       46

2.5           RESEARCH ASSUMPTIONS           47

2.6           RESEARCH LIMITATIONS             49

3               EXECUTIVE SUMMARY  50

4               PREMIUM INSIGHTS       57

4.1           ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN SMALL LANGUAGE MODELS MARKET   57

4.2           SMALL LANGUAGE MODELS MARKET: TOP THREE APPLICATIONS 58

4.3          NORTH AMERICA: SMALL LANGUAGE MODELS MARKET,

BY MODEL SIZE AND DATA MODALITY 58

4.4           SMALL LANGUAGE MODELS MARKET, BY REGION                 59

5               MARKET OVERVIEW AND INDUSTRY TRENDS    60

5.1           INTRODUCTION              60

5.2           MARKET DYNAMICS       60

5.2.1        DRIVERS               61

5.2.1.1    Regulatory compliance driving local AI adoption            61

5.2.1.2    Affordable AI solutions expanding market reach             61

5.2.1.3    Advancements in model compression enabling efficiency                 62

5.2.1.4    Industry-specific AI models enhancing performance     62

5.2.2        RESTRAINTS      62

5.2.2.1    Shallow contextual understanding limits accuracy          62

5.2.2.2    Lack of multimodal processing restricts functionality    63

5.2.2.3    Fragmented development tools slowing standardization                 63

5.2.3        OPPORTUNITIES              63

5.2.3.1    Self-optimizing AI models enabling continuous improvement                 63

5.2.3.2    Automated AI model optimization via meta-learning     64

5.2.3.3    Specialized AI infrastructure enhancing SLM efficiency                 64

5.2.4        CHALLENGES    64

5.2.4.1    Combating AI-generated misinformation and deepfakes                 64

5.2.4.2    Limited scalability restricting generalized AI applications                 65

5.3           SMALL LANGUAGE MODELS MARKET: EVOLUTION                 65

5.4           ECOSYSTEM ANALYSIS  67

5.4.1        SOFTWARE PROVIDERS, BY PARAMETER COUNT                 68

5.4.2        COMMERCIAL (PAID) SLM PROVIDERS 68

5.4.3        SLM SERVICE PROVIDERS            68

5.4.4        FREE-TO-USE SLM PROVIDERS 68

5.5           SUPPLY CHAIN ANALYSIS             69

5.6           INVESTMENT LANDSCAPE AND FUNDING SCENARIO                 70

5.7           CASE STUDY ANALYSIS 72

5.7.1        CASE STUDY 1: GUILD EDUCATION ENHANCES CAREER GUIDANCE WITH DOMAIN-ADAPTED SLMS        72

5.7.2        CASE STUDY 2: LAW&COMPANY REVOLUTIONIZES SOUTH KOREAN LEGAL SERVICES           72

5.7.3        CASE STUDY 3: AT&T OPTIMIZES CALL CENTER OPERATIONS WITH H2O.AI         73

5.7.4        CASE STUDY 4: ACTIVELOOP STREAMLINES PATENT SEARCH & GENERATION WITH PATENTPT          73

5.7.5        CASE STUDY 5: UPSTAGE REVOLUTIONIZES MEDIA PROOFREADING WITH SOLAR-PROOFREAD ON PREDIBASE                 74

5.8           TECHNOLOGY ANALYSIS             74

5.8.1        KEY TECHNOLOGIES     74

5.8.1.1    Model quantization & pruning           74

5.8.1.2    Knowledge distillation         75

5.8.1.3    Transformer & efficient architectures               75

5.8.1.4    Federated learning                75

5.8.1.5    Sparse & low-rank adaptation             75

5.8.2        COMPLEMENTARY TECHNOLOGIES       75

5.8.2.1    Edge AI & neuromorphic computing                 75

5.8.2.2    Few-shot & zero-shot learning           76

5.8.2.3    Adversarial training & security mechanisms    76

5.8.2.4    Continual learning & adaptive AI      76

5.8.3        ADJACENT TECHNOLOGIES       76

5.8.3.1    Multimodal AI      76

5.8.3.2    Digital twins & simulation AI             76

5.8.3.3    AI-powered code generation & AutoML           76

5.8.3.4    Blockchain & decentralized AI           76

5.9           REGULATORY LANDSCAPE         77

5.9.1        REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS             77

5.9.2        KEY REGULATIONS, BY REGION                81

5.9.2.1    North America      81

5.9.2.1.1 SCR 17: Artificial Intelligence Bill (California)               81

5.9.2.1.2 S1103: Artificial Intelligence Automated Decision Bill (Connecticut)        81

5.9.2.1.3 National Artificial Intelligence Initiative Act (NAIIA)   81

5.9.2.1.4 Artificial Intelligence and Data Act (AIDA) – Canada   82

5.9.2.2    Europe   82

5.9.2.2.1 European Union (EU) – Artificial Intelligence Act (AIA)                 82

5.9.2.2.2 General Data Protection Regulation (Europe)                83

5.9.2.3    Asia Pacific            83

5.9.2.3.1 Interim Administrative Measures for Generative Artificial Intelligence Services (China)              83

5.9.2.3.2 National AI Strategy (Singapore)      84

5.9.2.3.3 Hiroshima AI Process Comprehensive Policy Framework (Japan)                 85

5.9.2.4    Middle East & Africa            85

5.9.2.4.1 National Strategy for Artificial Intelligence (UAE)        85

5.9.2.4.2 National Artificial Intelligence Strategy (Qatar)             86

5.9.2.4.3 AI Ethics Principles and Guidelines (Dubai)  86

5.9.3        LATIN AMERICA                86

5.9.3.1    Santiago Declaration (Chile)              86

5.9.3.2    Brazilian Artificial Intelligence Strategy (EBIA)             87

5.10         PATENT ANALYSIS          87

5.10.1      METHODOLOGY              87

5.10.2      PATENTS FILED, BY DOCUMENT TYPE  88

5.10.3      INNOVATION AND PATENT APPLICATIONS        88

5.11         PRICING ANALYSIS          92

5.11.1      AVERAGE SELLING PRICE OF KEY PLAYERS, BY OFFERING, 2024                 93

5.11.2      AVERAGE SELLING PRICE OF KEY PLAYERS, BY PARAMETER SIZE, 2024  94

5.12         KEY CONFERENCES AND EVENTS, 2025–2026        95

5.13         PORTER’S FIVE FORCES ANALYSIS           96

5.13.1      THREAT OF NEW ENTRANTS      97

5.13.2      THREAT OF SUBSTITUTES          97

5.13.3      BARGAINING POWER OF SUPPLIERS       97

5.13.4      BARGAINING POWER OF BUYERS             98

5.13.5      INTENSITY OF COMPETITIVE RIVALRY 98

5.14         TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS            98

5.14.1      TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS            98

5.15         KEY STAKEHOLDERS & BUYING CRITERIA            99

5.15.1      KEY STAKEHOLDERS IN BUYING PROCESS           99

5.15.2      BUYING CRITERIA           100

6               SMALL LANGUAGE MODELS MARKET, BY OFFERING                 101

6.1           INTRODUCTION              102

6.1.1        DRIVERS: SMALL LANGUAGE MODELS MARKET, BY OFFERING           102

6.2           SOFTWARE         104

6.2.1        OPTIMIZING SLM ARCHITECTURE FOR EFFICIENCY AND SCALABILITY           104

6.3           SERVICES             105

6.3.1        HELPING BUSINESSES DEVELOP, DEPLOY, AND OPTIMIZE AI SOLUTIONS             105

6.3.2        CUSTOM MODEL DEVELOPMENT            108

6.3.3        MODEL TRAINING AND FINE-TUNING SERVICES                 109

6.3.4        INTEGRATION & DEPLOYMENT                110

6.3.5        CONSULTING & ADVISORY SERVICES     111

6.3.6        OTHER SERVICES             112

7               SMALL LANGUAGE MODELS MARKET, BY DEPLOYMENT MODE    113

7.1           INTRODUCTION              114

7.1.1        DEPLOYMENT MODE: SMALL LANGUAGE MODELS MARKET DRIVERS            114

7.2           CLOUD 116

7.2.1        AUTOMATIC MAINTENANCE, SECURITY UPDATES, AND PERFORMANCE OPTIMIZATIONS             116

7.3           ON-PREMISES   117

7.3.1        CUSTOMIZE MODELS BASED ON SPECIFIC REQUIREMENTS               117

7.4           EDGE DEVICES 118

7.4.1        REAL-TIME RESPONSES, LOW LATENCY, AND MINIMAL RELIANCE ON CLOUD INFRASTRUCTURE             118

8               SMALL LANGUAGE MODELS MARKET, BY APPLICATION                 120

8.1           INTRODUCTION              121

8.1.1        APPLICATION: SMALL LANGUAGE MODELS MARKET DRIVERS               121

8.2           CONTENT GENERATION              123

8.2.1        AUTOMATES MARKETING COPY AND SOCIAL MEDIA CONTENT           123

8.3           SENTIMENT ANALYSIS  124

8.3.1        INTEGRATES SLMS TO TRACK BRAND SENTIMENT                 124

8.4           SEMANTIC SEARCH & INFORMATION RETRIEVAL                 126

8.4.1        IMPROVES INFORMATION RETRIEVAL EFFICIENCY IN KNOWLEDGE-INTENSIVE DOMAINS       126

8.5           CONVERSATIONAL AI    127

8.5.1        ENABLES MORE NATURAL, REAL-TIME INTERACTIONS                 127

8.6           TRANSLATION & LOCALIZATION             128

8.6.1        ENSURES ACCURACY IN SPECIALIZED FIELDS    128

8.7           DATA EXTRACTION & DOCUMENT ANALYSIS    129

8.7.1        FACILITATES AUTOMATED EXTRACTION OF KEY INSIGHTS FROM CONTRACTS, INVOICES, AND COMPLIANCE DOCUMENTS    129

8.8           OTHER APPLICATIONS 130

9               SMALL LANGUAGE MODELS MARKET, BY DATA MODALITY         132

9.1           INTRODUCTION              133

9.1.1        DATA MODALITY: SMALL LANGUAGE MODELS MARKET DRIVERS            133

9.2           TEXT     135

9.2.1        ENHANCES NATURAL LANGUAGE PROCESSING                 135

9.3           VOICE   136

9.3.1        ENABLES EFFICIENT SPEECH RECOGNITION, VOICE ASSISTANTS, TRANSCRIPTION, AND REAL-TIME LANGUAGE TRANSLATION  136

9.4           VIDEO  137

9.4.1        USED FOR AUTOMATED VIDEO INDEXING, INTERACTIVE CONTENT GENERATION, AND ACCESSIBILITY SOLUTIONS        137

9.5           CODE    138

9.5.1        INDUSTRY-WIDE ADOPTION FOR EFFICIENT DEVELOPMENT                138

9.6           MULTIMODAL  139

9.6.1        INTEGRATES DIFFERENT DATA MODALITIES TO ENHANCE AI CAPABILITIES        139

10            SMALL LANGUAGE MODELS MARKET, BY MODEL SIZE                 141

10.1         INTRODUCTION              142

10.1.1      MODEL SIZE: SMALL LANGUAGE MODELS MARKET DRIVERS               142

10.2         LESS THAN 2 BILLION PARAMETERS       144

10.2.1      PREFERRED BY COMPANIES IN REGULATED INDUSTRIES FOR ON-PREMISES AI DEPLOYMENT            144

10.3         2 BILLION TO LESS THAN 8 BILLION PARAMETERS                 145

10.3.1      PREFERRED BY ENTERPRISES FOR INTELLIGENT AUTOMATION, SEMANTIC SEARCH, FRAUD DETECTION, AND REAL-TIME CUSTOMER ENGAGEMENT 145

10.4         8 BILLION TO LESS THAN 12 BILLION PARAMETERS                 146

10.4.1      PREFERRED BY ORGANIZATIONS REQUIRING ADAPTABLE AI SYSTEMS              146

10.5         12 BILLION TO 20 BILLION PARAMETERS              148

10.5.1      PREFERRED BY ORGANIZATIONS FOR HIGH-CONTEXT UNDERSTANDING, LONG-FORM CONTENT GENERATION, AND DECISION-SUPPORT SYSTEMS  148

10.6         PROMINENT SMALL LANGUAGE MODELS, BY PARAMETER COUNT      150

 

11            SMALL LANGUAGE MODELS MARKET, BY END USER                 151

11.1         INTRODUCTION              152

11.1.1      END USERS: SMALL LANGUAGE MODELS MARKET DRIVERS               152

11.2         ENTERPRISES    154

11.2.1      BFSI       157

11.2.1.1  Cost reduction, enhanced customer experiences, and strengthened security measures         157

11.2.2      HEALTHCARE & LIFE SCIENCES 158

11.2.2.1  Enhanced patient care and advanced medical research 158

11.2.3      RETAIL & E-COMMERCE                160

11.2.3.1  Tailored product recommendations enhancing shopping experience              160

11.2.4      TECHNOLOGY & SOFTWARE PROVIDERS             161

11.2.4.1  Maintain competitive edge and meet dynamic needs     161

11.2.5      MEDIA & ENTERTAINMENT        162

11.2.5.1  Transform media workflows, making advanced AI capabilities accessible               162

11.2.6      TELECOMMUNICATIONS             163

11.2.6.1  More personalized and efficient solutions through SLMs                 163

11.2.7      AUTOMOTIVE   165

11.2.7.1  Transform automotive functionalities, making advanced AI capabilities             165

11.2.8      MANUFACTURING          166

11.2.8.1  Enhanced risk management, automation of complex processes,

and improved operational efficiency 166

11.2.9      LAW FIRMS         167

11.2.9.1  Enhanced document analysis, improved risk assessment, and streamlined administrative processes                167

11.2.10   OTHER ENTERPRISES    168

11.3         BY INDIVIDUAL USERS  169

12            SMALL LANGUAGE MODELS MARKET, BY REGION                 171

12.1         INTRODUCTION              172

12.2         NORTH AMERICA             173

12.2.1      NORTH AMERICA: SMALL LANGUAGE MODELS MARKET DRIVERS               174

12.2.2      NORTH AMERICA: MACROECONOMIC OUTLOOK                 174

12.2.3      US           182

12.2.3.1  Advancements in SLMs and broader AI technologies align with national interests  182

12.2.4      CANADA               183

12.2.4.1  Canada’s small language models market driven by key initiatives                 183

12.3         EUROPE               184

12.3.1      EUROPE: SMALL LANGUAGE MODELS MARKET DRIVERS               185

12.3.2      EUROPE: MACROECONOMIC OUTLOOK               185

12.3.3      UK          192

12.3.3.1  UK government’s research and innovation ecosystem focused on responsible and trustworthy AI          192

12.3.4      GERMANY           193

12.3.4.1  Industry demand and government support drive market                 193

12.3.5      FRANCE                194

12.3.5.1  AI demand and fundings drive market growth 194

12.3.6      ITALY    195

12.3.6.1  Growth of market driven by regulations and AI incorporation                 195

12.3.7      SPAIN    196

12.3.7.1  Market growth fueled by strategic initiatives and industry innovation              196

12.3.8      REST OF EUROPE             197

12.4         ASIA PACIFIC     198

12.4.1      ASIA PACIFIC: SMALL LANGUAGE MODELS MARKET DRIVERS               198

12.4.2      ASIA PACIFIC: MACROECONOMIC OUTLOOK     199

12.4.3      CHINA  208

12.4.3.1 Market driven by government policies, grants, research programs, and public-private partnerships         208

12.4.4      JAPAN   209

12.4.4.1  Government’s focus on research and development drives growth                 209

12.4.5      INDIA    210

12.4.5.1  Market driven by significant developments from key industry players, substantial funding activities, and notable technological advancements        210

12.4.6      SOUTH KOREA  211

12.4.6.1  Increase in AI adoption and innovation drives growth   211

12.4.7      REST OF ASIA PACIFIC   212

12.5         MIDDLE EAST & AFRICA                213

12.5.1      MIDDLE EAST & AFRICA: SMALL LANGUAGE MODELS MARKET DRIVERS            213

12.5.2      MIDDLE EAST & AFRICA: MACROECONOMIC OUTLOOK                 214

12.5.3      UAE        220

12.5.3.1  Development and deployment of SLMs drive growth    220

12.5.4      SAUDI ARABIA  221

12.5.4.1  Saudi Arabia established SDAIA to spearhead AI strategies in line with Vision 2030   221

12.5.5      SOUTH AFRICA 222

12.5.5.1  Integration of SLMs presents significant opportunities across various sectors      222

12.5.6      REST OF MIDDLE EAST & AFRICA             223

12.6         LATIN AMERICA                224

12.6.1      LATIN AMERICA: SMALL LANGUAGE MODELS MARKET DRIVERS               224

12.6.2      LATIN AMERICA: MACROECONOMIC OUTLOOK                 225

 

12.6.3      BRAZIL 231

12.6.3.1  Rapid market growth driven by government initiatives 231

12.6.4      MEXICO                232

12.6.4.1  ANIA to strengthen Mexico’s AI ecosystem and lay groundwork for future AI regulations      232

12.6.5      REST OF LATIN AMERICA             233

13            COMPETITIVE LANDSCAPE         235

13.1         OVERVIEW          235

13.2         KEY PLAYER STRATEGIES/RIGHT TO WIN, 2022–2025                 235

13.3         REVENUE ANALYSIS, 2020–2024  238

13.4         MARKET SHARE ANALYSIS, 2024                 239

13.4.1      MARKET SHARE OF KEY PLAYERS OFFERING SMALL LANGUAGE MODELS     239

13.4.2      MARKET RANKING ANALYSIS     240

13.5         PRODUCT COMPARATIVE ANALYSIS      242

13.6         COMPANY VALUATION AND FINANCIAL METRICS                 244

13.7         COMPANY EVALUATION MATRIX: KEY PLAYERS (SOFTWARE PROVIDERS), 2024  245

13.7.1      STARS   245

13.7.2      EMERGING LEADERS     245

13.7.3      PERVASIVE PLAYERS      245

13.7.4      PARTICIPANTS 245

13.7.5      COMPANY FOOTPRINT: KEY PLAYERS (SOFTWARE PROVIDERS), 2024            247

13.7.5.1  Company footprint               247

13.7.5.2  Regional footprint                 248

13.7.5.3  Application footprint            249

13.7.5.4  Data modality footprint       250

13.7.5.5  End user footprint                 251

13.8         COMPANY EVALUATION MATRIX: KEY PLAYERS (SERVICE PROVIDERS), 2024        252

13.8.1      STARS   252

13.8.2      EMERGING LEADERS     252

13.8.3      PERVASIVE PLAYERS      252

13.8.4      PARTICIPANTS 252

13.8.5      COMPANY FOOTPRINT: KEY PLAYERS (SERVICE PROVIDERS), 2024            254

13.8.5.1  Company footprint               254

13.8.5.2  Regional footprint                 254

13.8.5.3  Offering footprint 255

13.8.5.4  Deployment mode footprint                255

13.8.5.5  End user footprint                 256

13.9         COMPETITIVE SCENARIO             256

13.9.1      PRODUCT LAUNCHES AND ENHANCEMENTS    256

13.9.2      DEALS  259

 

14            COMPANY PROFILES      267

14.1         INTRODUCTION              267

14.2         COMMERCIAL SLM PROVIDERS 267

14.2.1      INFOSYS               267

14.2.1.1  Business overview 267

14.2.1.2  Products/Solutions/Services offered 269

14.2.1.3  Recent developments           269

14.2.1.3.1                Product launches and enhancements                 269

14.2.1.3.2                Deals      270

14.2.1.4  MnM view              270

14.2.1.4.1                Right to win           270

14.2.1.4.2                Strategic choices   271

14.2.1.4.3                Weaknesses and competitive threats 271

14.2.2      MICROSOFT       272

14.2.2.1  Business overview 272

14.2.2.2  Products/Solutions/Services offered 273

14.2.2.3  Recent developments           274

14.2.2.3.1                Product launches and enhancements                 274

14.2.2.3.2                Deals      275

14.2.2.4  MnM view              276

14.2.2.4.1                Right to win           276

14.2.2.4.2                Strategic choices   276

14.2.2.4.3                Weaknesses and competitive threats 276

14.2.3      IBM        277

14.2.3.1  Business overview 277

14.2.3.2  Products/Solutions/Services offered 278

14.2.3.3  Recent developments           279

14.2.3.3.1                Product launches and enhancements                 279

14.2.3.3.2                Deals      279

14.2.3.4  MnM view              280

14.2.3.4.1                Right to win           280

14.2.3.4.2                Strategic choices   280

14.2.3.4.3                Weaknesses and competitive threats 280

14.2.4      META    281

14.2.4.1  Business overview 281

14.2.4.2  Products/Solutions/Services offered 282

14.2.4.3  Recent developments           283

14.2.4.3.1                Product launches and enhancements                 283

14.2.4.3.2                Deals      283

 

14.2.4.4  MnM view              284

14.2.4.4.1                Right to win           284

14.2.4.4.2                Strategic choices   284

14.2.4.4.3                Weaknesses and competitive threats 284

14.2.5      AMAZON WEB SERVICES (AWS) 285

14.2.5.1  Business overview 285

14.2.5.2  Products/Solutions/Services offered 286

14.2.5.3  Recent developments           287

14.2.5.3.1                Deals      287

14.2.5.4  MnM view              288

14.2.5.4.1                Right to win           288

14.2.5.4.2                Strategic choices   288

14.2.5.4.3                Weaknesses and competitive threats 288

14.2.6      MISTRAL AI        289

14.2.6.1  Business overview 289

14.2.6.2  Products/Solutions/Services offered 290

14.2.6.3  Recent developments           290

14.2.6.3.1                Product launches and enhancements                 290

14.2.6.3.2                Deals      291

14.2.7      ARCEE AI              292

14.2.7.1  Business overview 292

14.2.7.2  Products/Solutions/Services offered 292

14.2.7.3  Recent developments           293

14.2.7.3.1                Product launches and enhancements                 293

14.2.7.3.2                Deals      293

14.2.8      AI21 LABS            294

14.2.8.1  Business overview 294

14.2.8.2  Products/Solutions/Services offered 294

14.2.8.3  Recent developments           295

14.2.8.3.1                Product launches and enhancements                 295

14.2.8.3.2                Deals      295

14.2.9      ANTHROPIC       296

14.2.9.1  Business overview 296

14.2.9.2  Products/Solutions/Services offered 296

14.2.9.3  Recent developments           297

14.2.9.3.1                Product launches and enhancements                 297

14.2.9.3.2                Deals      297

 

14.2.10   OPENAI                299

14.2.10.1                 Business overview 299

14.2.10.2                 Products/Solutions/Services offered 299

14.2.10.3                 Recent developments           300

14.2.10.3.1             Product launches and enhancements                 300

14.2.10.3.2             Deals      300

14.2.11   COHERE               301

14.2.12   DEEPSEEK           302

14.2.13   KRUTRIM             302

14.2.14   STABILITY AI     303

14.2.15   UPSTAGE             304

14.2.16   ALIBABA GROUP              305

14.3         SLM SERVICE PROVIDERS            306

14.3.1      TOGETHER AI   306

14.3.2      LAMINI 307

14.3.3      GROQ   308

14.3.4      MALTED AI         309

14.3.5      PREDIBASE         310

14.3.6      CEREBRAS SYSTEMS       311

14.3.7      OLLAMA               312

14.3.8      FIREWORKS AI  313

14.3.9      SNOWFLAKE      314

14.3.10   PREM AI                315

14.4         NON-COMMERCIAL SLM PROVIDERS     316

14.4.1      NVIDIA 316

14.4.2      GOOGLE              317

14.4.3      HUGGING FACE                318

14.4.4      APPLE   319

14.4.5      SALESFORCE      320

14.4.6      DATABRICKS     321

14.4.7      SARVAM AI          322

14.4.8      SAKANA AI          322

14.4.9      EVOLUTIONARYSCALE 323

14.4.10   EDGERUNNER AI              324

14.4.11   ALMAWAVE        325

14.4.12   LG           326

14.4.13   H20.AI   327

14.4.14   NOUS RESEARCH              327

14.4.15   RHYMES AI          328

14.4.16   REFUEL                 329

14.4.17   ELEUTHERAI     330

15            ADJACENT AND RELATED MARKETS      331

15.1         INTRODUCTION              331

15.2         LARGE LANGUAGE MODEL MARKET – GLOBAL FORECAST TO 2030          331

15.2.1      MARKET DEFINITION   331

15.2.2      MARKET OVERVIEW       331

15.2.2.1  Large language model market, by offering       332

15.2.2.2  Large language model market, by architecture                 333

15.2.2.3  Large language model market, by modality      334

15.2.2.4  Large language model market, by model size  335

15.2.2.5  Large language model market, by application 337

15.2.2.6  Large language model market, by end user      338

15.2.2.7  Large language model market, by region          339

15.3         GENERATIVE AI MARKET – GLOBAL FORECAST TO 2030                 341

15.3.1      MARKET DEFINITION   341

15.3.2      MARKET OVERVIEW       341

15.3.2.1  Generative AI market, by offering     342

15.3.2.2  Generative AI market, by data modality           342

15.3.2.3  Generative AI market, by application                343

15.3.2.4  Generative AI market, by end user    344

15.3.2.5  Generative AI market, by region        345

16            APPENDIX           347

16.1         DISCUSSION GUIDE        347

16.2         KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL                354

16.3         CUSTOMIZATION OPTIONS        356

16.4         RELATED REPORTS         356

16.5         AUTHOR DETAILS           357

 

LIST OF TABLES

 

TABLE 1                UNITED STATES DOLLAR EXCHANGE RATE, 2020–2024              35

TABLE 2                PRIMARY INTERVIEWS  38

TABLE 3                FACTOR ANALYSIS          46

TABLE 4                SMALL LANGUAGE MODELS MARKET: RESEARCH ASSUMPTIONS           47

TABLE 5                GLOBAL SMALL LANGUAGE MODELS MARKET SIZE AND GROWTH RATE,

2020–2024 (USD MILLION, Y-O-Y %)          53

TABLE 6                GLOBAL SMALL LANGUAGE MODELS MARKET SIZE AND GROWTH RATE,

2025–2032 (USD MILLION, Y-O-Y %)          53

TABLE 7                NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  77

TABLE 8                EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  78

TABLE 9                ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  79

TABLE 10              MIDDLE EAST & AFRICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS             80

TABLE 11             LATIN AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  81

TABLE 12              PATENTS FILED, 2016–2025           88

TABLE 13              LIST OF FEW PATENTS IN SMALL LANGUAGE MODELS MARKET, 2024–2025       89

TABLE 14              AVERAGE SELLING PRICE OF KEY PLAYERS, BY OFFERING, 2024                 93

TABLE 15              AVERAGE SELLING PRICE OF KEY PLAYERS, BY PARAMETER SIZE, 2024  94

TABLE 16              SMALL LANGUAGE MODELS MARKET: DETAILED LIST OF CONFERENCES & EVENTS, 2025–2026                 95

TABLE 17              PORTER’S FIVE FORCES IMPACT ON SMALL LANGUAGE MODELS MARKET   97

TABLE 18              INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE VERTICALS   100

TABLE 19              KEY BUYING CRITERIA FOR TOP THREE VERTICALS         100

TABLE 20              SMALL LANGUAGE MODELS MARKET, BY OFFERING, 2020–2024 (USD MILLION)     103

TABLE 21              SMALL LANGUAGE MODELS MARKET, BY OFFERING, 2025–2032 (USD MILLION)     103

TABLE 22              SOFTWARE: SMALL LANGUAGE MODELS MARKET, BY REGION,

2020–2024 (USD MILLION)            104

TABLE 23              SOFTWARE: SMALL LANGUAGE MODELS MARKET, BY REGION,

2025–2032 (USD MILLION)            105

TABLE 24              SMALL LANGUAGE MODELS MARKET, BY SERVICE, 2020–2024 (USD MILLION)         106

TABLE 25              SMALL LANGUAGE MODELS MARKET, BY SERVICE, 2025–2032 (USD MILLION)         107

TABLE 26              SERVICES: SMALL LANGUAGE MODELS MARKET, BY REGION,

2020–2024 (USD MILLION)            107

TABLE 27              SERVICES: SMALL LANGUAGE MODELS MARKET, BY REGION,

2025–2032 (USD MILLION)            107

TABLE 28              CUSTOM MODEL DEVELOPMENT: SMALL LANGUAGE MODELS MARKET,

BY REGION, 2020–2024 (USD MILLION)   108

TABLE 29              CUSTOM MODEL DEVELOPMENT: SMALL LANGUAGE MODELS MARKET,

BY REGION, 2025–2032 (USD MILLION)   108

TABLE 30              MODEL TRAINING & FINE-TUNING SERVICES: SMALL LANGUAGE MODELS MARKET, BY REGION, 2020–2024 (USD MILLION) 109

TABLE 31              MODEL TRAINING & FINE-TUNING SERVICES: SMALL LANGUAGE MODELS MARKET, BY REGION, 2025–2032 (USD MILLION) 109

TABLE 32              INTEGRATION & DEPLOYMENT: SMALL LANGUAGE MODELS MARKET,

BY REGION, 2020–2024 (USD MILLION)   110

TABLE 33              INTEGRATION & DEPLOYMENT: SMALL LANGUAGE MODELS MARKET,

BY REGION, 2025–2032 (USD MILLION)   110

TABLE 34              CONSULTING & ADVISORY SERVICES: SMALL LANGUAGE MODELS MARKET,

BY REGION, 2020–2024 (USD MILLION)   111

TABLE 35              CONSULTING & ADVISORY SERVICES: SMALL LANGUAGE MODELS MARKET,

BY REGION, 2025–2032 (USD MILLION)   111

TABLE 36              OTHER SERVICES: SMALL LANGUAGE MODELS MARKET, BY REGION,

2020–2024 (USD MILLION)            112

TABLE 37              OTHER SERVICES: SMALL LANGUAGE MODELS MARKET, BY REGION,

2025–2032 (USD MILLION)            112

TABLE 38              SMALL LANGUAGE MODELS MARKET, BY DEPLOYMENT MODE,

2020–2024 (USD MILLION)            115

TABLE 39              SMALL LANGUAGE MODELS MARKET, BY DEPLOYMENT MODE,

2025–2032 (USD MILLION)            115

TABLE 40              CLOUD: SMALL LANGUAGE MODELS MARKET, BY REGION,

2020–2024 (USD MILLION)            116

TABLE 41              CLOUD: SMALL LANGUAGE MODELS MARKET, BY REGION,

2025–2032 (USD MILLION)            117

TABLE 42              ON-PREMISES: SMALL LANGUAGE MODELS MARKET, BY REGION,

2020–2024 (USD MILLION)            117

TABLE 43              ON-PREMISES: SMALL LANGUAGE MODELS MARKET, BY REGION,

2025–2032 (USD MILLION)            118

TABLE 44              EDGE DEVICES: SMALL LANGUAGE MODELS MARKET, BY REGION,

2020–2024 (USD MILLION)            119

TABLE 45              EDGE DEVICES: SMALL LANGUAGE MODELS MARKET, BY REGION,

2025–2032 (USD MILLION)            119

TABLE 46              SMALL LANGUAGE MODELS MARKET, BY APPLICATION,

2020–2024 (USD MILLION)            122

TABLE 47              SMALL LANGUAGE MODELS MARKET, BY APPLICATION,

2025–2032 (USD MILLION)            123

TABLE 48              CONTENT GENERATION: SMALL LANGUAGE MODELS MARKET,

BY REGION, 2020–2024 (USD MILLION)   124

TABLE 49              CONTENT GENERATION: SMALL LANGUAGE MODELS MARKET,

BY REGION, 2025–2032 (USD MILLION)   124

TABLE 50              SENTIMENT ANALYSIS: SMALL LANGUAGE MODELS MARKET,

BY REGION, 2020–2024 (USD MILLION)   125

TABLE 51              SENTIMENT ANALYSIS: SMALL LANGUAGE MODELS MARKET,

BY REGION, 2025–2032 (USD MILLION)   125

TABLE 52              SEMANTIC SEARCH & INFORMATION RETRIEVAL: SMALL LANGUAGE MODELS MARKET, BY REGION, 2020–2024 (USD MILLION)            126

TABLE 53              SEMANTIC SEARCH & INFORMATION RETRIEVAL: SMALL LANGUAGE MODELS MARKET, BY REGION, 2025–2032 (USD MILLION)            126

TABLE 54              CONVERSATIONAL AI: SMALL LANGUAGE MODELS MARKET,

BY REGION, 2020–2024 (USD MILLION)   127

TABLE 55              CONVERSATIONAL AI: SMALL LANGUAGE MODELS MARKET,

BY REGION, 2025–2032 (USD MILLION)   127

TABLE 56              TRANSLATION & LOCALIZATION: SMALL LANGUAGE MODELS MARKET,

BY REGION, 2020–2024 (USD MILLION)   128

TABLE 57              TRANSLATION & LOCALIZATION: SMALL LANGUAGE MODELS MARKET,

BY REGION, 2025–2032 (USD MILLION)   128

TABLE 58              DATA EXTRACTION & DOCUMENT ANALYSIS: SMALL LANGUAGE MODELS MARKET, BY REGION, 2020–2024 (USD MILLION) 129

TABLE 59              DATA EXTRACTION & DOCUMENT ANALYSIS: SMALL LANGUAGE MODELS MARKET, BY REGION, 2025–2032 (USD MILLION) 130

TABLE 60              OTHER APPLICATIONS: SMALL LANGUAGE MODELS MARKET,

BY REGION, 2020–2024 (USD MILLION)   131

TABLE 61              OTHER APPLICATIONS: SMALL LANGUAGE MODELS MARKET,

BY REGION, 2025–2032 (USD MILLION)   131

TABLE 62              SMALL LANGUAGE MODELS MARKET, BY DATA MODALITY,

2020–2024 (USD MILLION)            134

TABLE 63              SMALL LANGUAGE MODELS MARKET, BY DATA MODALITY,

2025–2032 (USD MILLION)            134

TABLE 64              TEXT: SMALL LANGUAGE MODELS MARKET, BY REGION,

2020–2024 (USD MILLION)            135

TABLE 65              TEXT: SMALL LANGUAGE MODELS MARKET, BY REGION,

2025–2032 (USD MILLION)            135

TABLE 66              VOICE: SMALL LANGUAGE MODELS MARKET, BY REGION,

2020–2024 (USD MILLION)            136

TABLE 67              VOICE: SMALL LANGUAGE MODELS MARKET, BY REGION,

2025–2032 (USD MILLION)            136

TABLE 68              VIDEO: SMALL LANGUAGE MODELS MARKET, BY REGION,

2020–2024 (USD MILLION)            137

TABLE 69              VIDEO: SMALL LANGUAGE MODELS MARKET, BY REGION,

2025–2032 (USD MILLION)            137

TABLE 70              CODE: SMALL LANGUAGE MODELS MARKET, BY REGION,

2020–2024 (USD MILLION)            138

TABLE 71              CODE: SMALL LANGUAGE MODELS MARKET, BY REGION,

2025–2032 (USD MILLION)            138

TABLE 72              MULTIMODAL: SMALL LANGUAGE MODELS MARKET,

BY REGION, 2020–2024 (USD MILLION)   139

TABLE 73              MULTIMODAL: SMALL LANGUAGE MODELS MARKET,

BY REGION, 2025–2032 (USD MILLION)   140

TABLE 74              SMALL LANGUAGE MODELS MARKET, BY MODEL SIZE, 2020–2024 (USD MILLION) 143

TABLE 75              SMALL LANGUAGE MODELS MARKET, BY MODEL SIZE, 2025–2032 (USD MILLION) 143

TABLE 76              LESS THAN 2 BILLION PARAMETERS: SMALL LANGUAGE MODELS MARKET,

BY REGION, 2020–2024 (USD MILLION)   144

TABLE 77              LESS THAN 2 BILLION PARAMETERS: SMALL LANGUAGE MODELS MARKET,

BY REGION, 2025–2032 (USD MILLION)   145

TABLE 78              2 BILLION TO LESS THAN 8 BILLION PARAMETERS: SMALL LANGUAGE MODELS MARKET, BY REGION, 2020–2024 (USD MILLION)          146

TABLE 79              2 BILLION TO LESS THAN 8 BILLION PARAMETERS: SMALL LANGUAGE MODELS MARKET, BY REGION, 2025–2032 (USD MILLION)          146

TABLE 80              8 BILLION TO LESS THAN 12 BILLION PARAMETERS: SMALL LANGUAGE MODELS MARKET, BY REGION, 2020–2024 (USD MILLION)          147

TABLE 81              8 BILLION TO LESS THAN 12 BILLION PARAMETERS: SMALL LANGUAGE MODELS MARKET, BY REGION, 2025–2032 (USD MILLION)          147

TABLE 82              12 BILLION TO 20 BILLION PARAMETERS: SMALL LANGUAGE MODELS MARKET,

BY REGION, 2020–2024 (USD MILLION)   149

TABLE 83              12 BILLION TO 20 BILLION PARAMETERS: SMALL LANGUAGE MODELS MARKET,

BY REGION, 2025–2032 (USD MILLION)   149

TABLE 84              SMALL LANGUAGE MODELS MARKET, BY END USER, 2020–2024 (USD MILLION)                153

TABLE 85              SMALL LANGUAGE MODELS MARKET, BY END USER, 2025–2032 (USD MILLION)                153

TABLE 86              SMALL LANGUAGE MODELS MARKET, BY ENTERPRISE TYPE,

2020–2024 (USD MILLION)            155

TABLE 87              SMALL LANGUAGE MODELS MARKET, BY ENTERPRISE TYPE,

2025–2032 (USD MILLION)            156

TABLE 88              ENTERPRISES: SMALL LANGUAGE MODELS MARKET,

BY REGION, 2020–2024 (USD MILLION)   156

TABLE 89              ENTERPRISES: SMALL LANGUAGE MODELS MARKET,

BY REGION, 2025–2032 (USD MILLION)   157

TABLE 90              BFSI: SMALL LANGUAGE MODELS MARKET, BY REGION,

2020–2024 (USD MILLION)            158

TABLE 91              BFSI: SMALL LANGUAGE MODELS MARKET, BY REGION,

2025–2032 (USD MILLION)            158

TABLE 92              HEALTHCARE & LIFE SCIENCES: SMALL LANGUAGE MODELS MARKET,

BY REGION, 2020–2024 (USD MILLION)   159

TABLE 93              HEALTHCARE & LIFE SCIENCES: SMALL LANGUAGE MODELS MARKET,

BY REGION, 2025–2032 (USD MILLION)   159

TABLE 94              RETAIL & E-COMMERCE: SMALL LANGUAGE MODELS MARKET,

BY REGION, 2020–2024 (USD MILLION)   160

TABLE 95              RETAIL & E-COMMERCE: SMALL LANGUAGE MODELS MARKET,

BY REGION, 2025–2032 (USD MILLION)   160

TABLE 96              TECHNOLOGY & SOFTWARE PROVIDERS: SMALL LANGUAGE MODELS MARKET,

BY REGION, 2020–2024 (USD MILLION)   161

TABLE 97              TECHNOLOGY & SOFTWARE PROVIDERS: SMALL LANGUAGE MODELS MARKET,

BY REGION, 2025–2032 (USD MILLION)   162

TABLE 98              MEDIA & ENTERTAINMENT: SMALL LANGUAGE MODELS MARKET,

BY REGION, 2020–2024 (USD MILLION)   163

TABLE 99              MEDIA & ENTERTAINMENT: SMALL LANGUAGE MODELS MARKET,

BY REGION, 2025–2032 (USD MILLION)   163

TABLE 100            TELECOMMUNICATIONS: SMALL LANGUAGE MODELS MARKET,

BY REGION, 2020–2024 (USD MILLION)   164

TABLE 101            TELECOMMUNICATIONS: SMALL LANGUAGE MODELS MARKET,

BY REGION, 2025–2032 (USD MILLION)   164

TABLE 102            AUTOMOTIVE: SMALL LANGUAGE MODELS MARKET,

BY REGION, 2020–2024 (USD MILLION)   165

TABLE 103            REAL ESTATE & CONSTRUCTION: SMALL LANGUAGE MODELS MARKET,

BY REGION, 2025–2032 (USD MILLION)   165

TABLE 104            MANUFACTURING: SMALL LANGUAGE MODELS MARKET,

BY REGION, 2020–2024 (USD MILLION)   166

TABLE 105            MANUFACTURING: SMALL LANGUAGE MODELS MARKET,

BY REGION, 2025–2032 (USD MILLION)   167

TABLE 106            LAW FIRMS: SMALL LANGUAGE MODELS MARKET,

BY REGION, 2020–2024 (USD MILLION)   168

TABLE 107            LAW FIRMS: SMALL LANGUAGE MODELS MARKET,

BY REGION, 2025–2032 (USD MILLION)   168

TABLE 108            OTHER ENTERPRISES: SMALL LANGUAGE MODELS MARKET,

BY REGION, 2020–2024 (USD MILLION)   169

TABLE 109            OTHER ENTERPRISES: SMALL LANGUAGE MODELS MARKET,

BY REGION, 2025–2032 (USD MILLION)   169

TABLE 110            INDIVIDUAL USERS: SMALL LANGUAGE MODELS MARKET,

BY REGION, 2020–2024 (USD MILLION)   170

TABLE 111            INDIVIDUAL USERS: SMALL LANGUAGE MODELS MARKET,

BY REGION, 2025–2032 (USD MILLION)   170

TABLE 112            SMALL LANGUAGE MODELS MARKET, BY REGION, 2020–2024 (USD MILLION)          173

TABLE 113            SMALL LANGUAGE MODELS MARKET, BY REGION, 2025–2032 (USD MILLION)          173

TABLE 114            NORTH AMERICA: SMALL LANGUAGE MODELS MARKET,

BY OFFERING, 2020–2024 (USD MILLION)               176

TABLE 115            NORTH AMERICA: SMALL LANGUAGE MODELS MARKET,

BY OFFERING, 2025–2032 (USD MILLION)               176

TABLE 116            NORTH AMERICA: SMALL LANGUAGE MODELS MARKET,

BY SERVICE, 2020–2024 (USD MILLION)  176

TABLE 117            NORTH AMERICA: SMALL LANGUAGE MODELS MARKET,

BY SERVICE, 2025–2032 (USD MILLION)  177

TABLE 118            NORTH AMERICA: SMALL LANGUAGE MODELS MARKET,

BY DEPLOYMENT MODE, 2020–2024 (USD MILLION)        177

TABLE 119            NORTH AMERICA: SMALL LANGUAGE MODELS MARKET,

BY DEPLOYMENT MODE, 2025–2032 (USD MILLION)        177

TABLE 120            NORTH AMERICA: SMALL LANGUAGE MODELS MARKET,

BY APPLICATION, 2020–2024 (USD MILLION)       178

TABLE 121            NORTH AMERICA: SMALL LANGUAGE MODELS MARKET,

BY APPLICATION, 2025–2032 (USD MILLION)       178

TABLE 122            NORTH AMERICA: SMALL LANGUAGE MODELS MARKET,

BY DATA MODALITY, 2020–2024 (USD MILLION)                179

TABLE 123            NORTH AMERICA: SMALL LANGUAGE MODELS MARKET,

BY DATA MODALITY, 2025–2032 (USD MILLION)                179

TABLE 124            NORTH AMERICA: SMALL LANGUAGE MODELS MARKET,

BY MODEL SIZE, 2020–2024 (USD MILLION)          179

TABLE 125            NORTH AMERICA: SMALL LANGUAGE MODELS MARKET,

BY MODEL SIZE, 2025–2032 (USD MILLION)          180

TABLE 126            NORTH AMERICA: SMALL LANGUAGE MODELS MARKET,

BY END USER, 2020–2024 (USD MILLION)               180

TABLE 127            NORTH AMERICA: SMALL LANGUAGE MODELS MARKET,

BY END USER, 2025–2032 (USD MILLION)               180

TABLE 128            NORTH AMERICA: SMALL LANGUAGE MODELS MARKET,

BY ENTERPRISE, 2020–2024 (USD MILLION)          181

TABLE 129            NORTH AMERICA: SMALL LANGUAGE MODELS MARKET,

BY ENTERPRISE, 2025–2032 (USD MILLION)          181

TABLE 130            NORTH AMERICA: SMALL LANGUAGE MODELS MARKET,

BY COUNTRY, 2020–2024 (USD MILLION)               182

TABLE 131            NORTH AMERICA: SMALL LANGUAGE MODELS MARKET,

BY COUNTRY, 2025–2032 (USD MILLION)               182

TABLE 132            US: SMALL LANGUAGE MODELS MARKET, BY OFFERING,

2020–2024 (USD MILLION)            183

TABLE 133            US: SMALL LANGUAGE MODELS MARKET, BY OFFERING,

2025–2032 (USD MILLION)            183

TABLE 134            CANADA: SMALL LANGUAGE MODELS MARKET, BY OFFERING,

2020–2024 (USD MILLION)            184

TABLE 135            CANADA: SMALL LANGUAGE MODELS MARKET, BY OFFERING,

2025–2032 (USD MILLION)            184

TABLE 136            EUROPE: SMALL LANGUAGE MODELS MARKET, BY OFFERING,

2020–2024 (USD MILLION)            185

TABLE 137            EUROPE: SMALL LANGUAGE MODELS MARKET, BY OFFERING,

2025–2032 (USD MILLION)            186

TABLE 138            EUROPE: SMALL LANGUAGE MODELS MARKET, BY SERVICE,

2020–2024 (USD MILLION)            186

TABLE 139            EUROPE: SMALL LANGUAGE MODELS MARKET, BY SERVICE,

2025–2032 (USD MILLION)            186

TABLE 140            EUROPE: SMALL LANGUAGE MODELS MARKET, BY DEPLOYMENT MODE,

2020–2024 (USD MILLION)            187

TABLE 141            EUROPE: SMALL LANGUAGE MODELS MARKET, BY DEPLOYMENT MODE,

2025–2032 (USD MILLION)            187

TABLE 142            EUROPE: SMALL LANGUAGE MODELS MARKET, BY APPLICATION,

2020–2024 (USD MILLION)            187

TABLE 143            EUROPE: SMALL LANGUAGE MODELS MARKET, BY APPLICATION,

2025–2032 (USD MILLION)            188

TABLE 144            EUROPE: SMALL LANGUAGE MODELS MARKET, BY DATA MODALITY,

2020–2024 (USD MILLION)            188

TABLE 145            EUROPE: SMALL LANGUAGE MODELS MARKET, BY DATA MODALITY,

2025–2032 (USD MILLION)            188

TABLE 146            EUROPE: SMALL LANGUAGE MODELS MARKET, BY MODEL SIZE,

2020–2024 (USD MILLION)            189

TABLE 147            EUROPE: SMALL LANGUAGE MODELS MARKET, BY MODEL SIZE,

2025–2032 (USD MILLION)            189

TABLE 148            EUROPE: SMALL LANGUAGE MODELS MARKET, BY END USER,

2020–2024 (USD MILLION)            189

TABLE 149            EUROPE: SMALL LANGUAGE MODELS MARKET, BY END USER,

2025–2032 (USD MILLION)            189

TABLE 150            EUROPE: SMALL LANGUAGE MODELS MARKET, BY ENTERPRISE,

2020–2024 (USD MILLION)            190

TABLE 151            EUROPE: SMALL LANGUAGE MODELS MARKET, BY ENTERPRISE,

2025–2032 (USD MILLION)            190

TABLE 152            EUROPE: SMALL LANGUAGE MODELS MARKET, BY COUNTRY,

2020–2024 (USD MILLION)            191

TABLE 153            EUROPE: SMALL LANGUAGE MODELS MARKET, BY COUNTRY,

2025–2032 (USD MILLION)            191

TABLE 154            UK: SMALL LANGUAGE MODELS MARKET, BY OFFERING,

2020–2024 (USD MILLION)            192

TABLE 155            UK: SMALL LANGUAGE MODELS MARKET, BY OFFERING,

2025–2032 (USD MILLION)            192

TABLE 156            GERMANY: SMALL LANGUAGE MODELS MARKET, BY OFFERING,

2020–2024 (USD MILLION)            193

TABLE 157            GERMANY: SMALL LANGUAGE MODELS MARKET, BY OFFERING,

2025–2032 (USD MILLION)            193

TABLE 158            FRANCE: SMALL LANGUAGE MODELS MARKET, BY OFFERING,

2020–2024 (USD MILLION)            194

TABLE 159            FRANCE: SMALL LANGUAGE MODELS MARKET, BY OFFERING,

2025–2032 (USD MILLION)            194

TABLE 160            ITALY: SMALL LANGUAGE MODELS MARKET, BY OFFERING,

2020–2024 (USD MILLION)            195

TABLE 161            ITALY: SMALL LANGUAGE MODELS MARKET, BY OFFERING,

2025–2032 (USD MILLION)            195

TABLE 162            SPAIN: SMALL LANGUAGE MODELS MARKET, BY OFFERING,

2020–2024 (USD MILLION)            196

TABLE 163            SPAIN: SMALL LANGUAGE MODELS MARKET, BY OFFERING,

2025–2032 (USD MILLION)            196

TABLE 164            REST OF EUROPE: SMALL LANGUAGE MODELS MARKET,

BY OFFERING, 2020–2024 (USD MILLION)               197

TABLE 165            REST OF EUROPE: SMALL LANGUAGE MODELS MARKET,

BY OFFERING, 2025–2032 (USD MILLION)               197

TABLE 166            ASIA PACIFIC: SMALL LANGUAGE MODELS MARKET,

BY OFFERING, 2020–2024 (USD MILLION)               201

TABLE 167            ASIA PACIFIC: SMALL LANGUAGE MODELS MARKET,

BY OFFERING, 2025–2032 (USD MILLION)               201

TABLE 168            ASIA PACIFIC: SMALL LANGUAGE MODELS MARKET,

BY SERVICE, 2020–2024 (USD MILLION)  201

TABLE 169            ASIA PACIFIC: SMALL LANGUAGE MODELS MARKET,

BY SERVICE, 2025–2032 (USD MILLION)  202

TABLE 170            ASIA PACIFIC: SMALL LANGUAGE MODELS MARKET,

BY DEPLOYMENT MODE, 2020–2024 (USD MILLION)        202

TABLE 171            ASIA PACIFIC: SMALL LANGUAGE MODELS MARKET,

BY DEPLOYMENT MODE, 2025–2032 (USD MILLION)        202

TABLE 172            ASIA PACIFIC: SMALL LANGUAGE MODELS MARKET,

BY APPLICATION, 2020–2024 (USD MILLION)       203

TABLE 173            ASIA PACIFIC: SMALL LANGUAGE MODELS MARKET,

BY APPLICATION, 2025–2032 (USD MILLION)       203

TABLE 174            ASIA PACIFIC: SMALL LANGUAGE MODELS MARKET,

BY DATA MODALITY, 2020–2024 (USD MILLION)                204

TABLE 175            ASIA PACIFIC: SMALL LANGUAGE MODELS MARKET,

BY DATA MODALITY, 2025–2032 (USD MILLION)                204

TABLE 176            ASIA PACIFIC: SMALL LANGUAGE MODELS MARKET,

BY MODEL SIZE, 2020–2024 (USD MILLION)          204

TABLE 177            ASIA PACIFIC: SMALL LANGUAGE MODELS MARKET,

BY MODEL SIZE, 2025–2032 (USD MILLION)          205

TABLE 178            ASIA PACIFIC: SMALL LANGUAGE MODELS MARKET,

BY END USER, 2020–2024 (USD MILLION)               205

TABLE 179            ASIA PACIFIC: SMALL LANGUAGE MODELS MARKET,

BY END USER, 2025–2032 (USD MILLION)               205

TABLE 180            ASIA PACIFIC: SMALL LANGUAGE MODELS MARKET,

BY ENTERPRISE, 2020–2024 (USD MILLION)          206

TABLE 181            ASIA PACIFIC: SMALL LANGUAGE MODELS MARKET,

BY ENTERPRISE, 2025–2032 (USD MILLION)          206

TABLE 182            ASIA PACIFIC: SMALL LANGUAGE MODELS MARKET,

BY COUNTRY, 2020–2024 (USD MILLION)               207

TABLE 183            ASIA PACIFIC: SMALL LANGUAGE MODELS MARKET,

BY COUNTRY, 2025–2032 (USD MILLION)               207

TABLE 184            CHINA: SMALL LANGUAGE MODELS MARKET,

BY OFFERING, 2020–2024 (USD MILLION)               208

TABLE 185            CHINA: SMALL LANGUAGE MODELS MARKET,

BY OFFERING, 2025–2032 (USD MILLION)               208

TABLE 186            JAPAN: SMALL LANGUAGE MODELS MARKET,

BY OFFERING, 2020–2024 (USD MILLION)               209

TABLE 187            JAPAN: SMALL LANGUAGE MODELS MARKET,

BY OFFERING, 2025–2032 (USD MILLION)               209

TABLE 188            INDIA: SMALL LANGUAGE MODELS MARKET,

BY OFFERING, 2020–2024 (USD MILLION)               210

TABLE 189            INDIA: SMALL LANGUAGE MODELS MARKET,

BY OFFERING, 2025–2032 (USD MILLION)               211

TABLE 190            SOUTH KOREA: SMALL LANGUAGE MODELS MARKET,

BY OFFERING, 2020–2024 (USD MILLION)               211

TABLE 191            SOUTH KOREA: SMALL LANGUAGE MODELS MARKET,

BY OFFERING, 2025–2032 (USD MILLION)               212

TABLE 192            REST OF ASIA PACIFIC: SMALL LANGUAGE MODELS MARKET,

BY OFFERING, 2020–2024 (USD MILLION)               212

TABLE 193            REST OF ASIA PACIFIC: SMALL LANGUAGE MODELS MARKET,

BY OFFERING, 2025–2032 (USD MILLION)               213

TABLE 194            MIDDLE EAST & AFRICA: SMALL LANGUAGE MODELS MARKET,

BY OFFERING, 2020–2024 (USD MILLION)               214

TABLE 195            MIDDLE EAST & AFRICA: SMALL LANGUAGE MODELS MARKET,

BY OFFERING, 2025–2032 (USD MILLION)               215

TABLE 196            MIDDLE EAST & AFRICA: SMALL LANGUAGE MODELS MARKET,

BY SERVICE, 2020–2024 (USD MILLION)  215

TABLE 197            MIDDLE EAST & AFRICA: SMALL LANGUAGE MODELS MARKET,

BY SERVICE, 2025–2032 (USD MILLION)  215

TABLE 198            MIDDLE EAST & AFRICA: SMALL LANGUAGE MODELS MARKET,

BY DEPLOYMENT MODE, 2020–2024 (USD MILLION)        216

TABLE 199            MIDDLE EAST & AFRICA: SMALL LANGUAGE MODELS MARKET,

BY DEPLOYMENT MODE, 2025–2032 (USD MILLION)        216

TABLE 200            MIDDLE EAST & AFRICA: SMALL LANGUAGE MODELS MARKET,

BY APPLICATION, 2020–2024 (USD MILLION)       216

TABLE 201            MIDDLE EAST & AFRICA: SMALL LANGUAGE MODELS MARKET,

BY APPLICATION, 2025–2032 (USD MILLION)       217

TABLE 202            MIDDLE EAST & AFRICA: SMALL LANGUAGE MODELS MARKET,

BY DATA MODALITY, 2020–2024 (USD MILLION)                217

TABLE 203            MIDDLE EAST & AFRICA: SMALL LANGUAGE MODELS MARKET,

BY DATA MODALITY, 2025–2032 (USD MILLION)                217

TABLE 204            MIDDLE EAST & AFRICA: SMALL LANGUAGE MODELS MARKET,

BY MODEL SIZE, 2020–2024 (USD MILLION)          218

TABLE 205            MIDDLE EAST & AFRICA: SMALL LANGUAGE MODELS MARKET,

BY MODEL SIZE, 2025–2032 (USD MILLION)          218

TABLE 206            MIDDLE EAST & AFRICA: SMALL LANGUAGE MODELS MARKET,

BY END USER, 2020–2024 (USD MILLION)               218

TABLE 207            MIDDLE EAST & AFRICA: SMALL LANGUAGE MODELS MARKET,

BY END USER, 2025–2032 (USD MILLION)               218

TABLE 208            MIDDLE EAST & AFRICA: SMALL LANGUAGE MODELS MARKET,

BY ENTERPRISE, 2020–2024 (USD MILLION)          219

TABLE 209            MIDDLE EAST & AFRICA: SMALL LANGUAGE MODELS MARKET,

BY ENTERPRISE, 2025–2032 (USD MILLION)          219

TABLE 210            MIDDLE EAST & AFRICA: SMALL LANGUAGE MODELS MARKET,

BY REGION, 2020–2024 (USD MILLION)   220

TABLE 211            MIDDLE EAST & AFRICA: SMALL LANGUAGE MODELS MARKET,

BY REGION, 2025–2032 (USD MILLION)   220

TABLE 212            UAE: SMALL LANGUAGE MODELS MARKET, BY OFFERING,

2020–2024 (USD MILLION)            221

TABLE 213            UAE: SMALL LANGUAGE MODELS MARKET, BY OFFERING,

2025–2032 (USD MILLION)            221

TABLE 214            SAUDI ARABIA: SMALL LANGUAGE MODELS MARKET,

BY OFFERING, 2020–2024 (USD MILLION)               222

TABLE 215            SAUDI ARABIA: SMALL LANGUAGE MODELS MARKET,

BY OFFERING, 2025–2032 (USD MILLION)               222

TABLE 216            SOUTH AFRICA: SMALL LANGUAGE MODELS MARKET,

BY OFFERING, 2020–2024 (USD MILLION)               223

TABLE 217            SOUTH AFRICA: SMALL LANGUAGE MODELS MARKET,

BY OFFERING, 2025–2032 (USD MILLION)               223

TABLE 218            REST OF MIDDLE EAST & AFRICA: SMALL LANGUAGE MODELS MARKET,

BY OFFERING, 2020–2024 (USD MILLION)               224

TABLE 219            REST OF MIDDLE EAST & AFRICA: SMALL LANGUAGE MODELS MARKET,

BY OFFERING, 2025–2032 (USD MILLION)               224

TABLE 220            LATIN AMERICA: SMALL LANGUAGE MODELS MARKET,

BY OFFERING, 2020–2024 (USD MILLION)               225

TABLE 221            LATIN AMERICA: SMALL LANGUAGE MODELS MARKET,

BY OFFERING, 2025–2032 (USD MILLION)               226

TABLE 222            LATIN AMERICA: SMALL LANGUAGE MODELS MARKET,

BY SERVICE, 2020–2024 (USD MILLION)  226

TABLE 223            LATIN AMERICA: SMALL LANGUAGE MODELS MARKET,

BY SERVICE, 2025–2032 (USD MILLION)  226

TABLE 224            LATIN AMERICA: SMALL LANGUAGE MODELS MARKET,

BY DEPLOYMENT MODE, 2020–2024 (USD MILLION)        227

TABLE 225            LATIN AMERICA: SMALL LANGUAGE MODELS MARKET,

BY DEPLOYMENT MODE, 2025–2032 (USD MILLION)        227

TABLE 226            LATIN AMERICA: SMALL LANGUAGE MODELS MARKET,

BY APPLICATION, 2020–2024 (USD MILLION)       227

TABLE 227            LATIN AMERICA: SMALL LANGUAGE MODELS MARKET,

BY APPLICATION, 2025–2032 (USD MILLION)       228

TABLE 228            LATIN AMERICA: SMALL LANGUAGE MODELS MARKET,

BY DATA MODALITY, 2020–2024 (USD MILLION)                228

TABLE 229            LATIN AMERICA: SMALL LANGUAGE MODELS MARKET,

BY DATA MODALITY, 2025–2032 (USD MILLION)                228

TABLE 230            LATIN AMERICA: SMALL LANGUAGE MODELS MARKET,

BY MODEL SIZE, 2020–2024 (USD MILLION)          229

TABLE 231            LATIN AMERICA: SMALL LANGUAGE MODELS MARKET,

BY MODEL SIZE, 2025–2032 (USD MILLION)          229

TABLE 232            LATIN AMERICA: SMALL LANGUAGE MODELS MARKET,

BY END USER, 2020–2024 (USD MILLION)               229

TABLE 233            LATIN AMERICA: SMALL LANGUAGE MODELS MARKET,

BY END USER, 2025–2032 (USD MILLION)               229

TABLE 234            LATIN AMERICA: SMALL LANGUAGE MODELS MARKET,

BY ENTERPRISE, 2020–2024 (USD MILLION)          230

TABLE 235            LATIN AMERICA: SMALL LANGUAGE MODELS MARKET,

BY ENTERPRISE, 2025–2032 (USD MILLION)          230

TABLE 236            LATIN AMERICA: SMALL LANGUAGE MODELS MARKET,

BY COUNTRY, 2020–2024 (USD MILLION)               231

TABLE 237            LATIN AMERICA: SMALL LANGUAGE MODELS MARKET,

BY COUNTRY, 2025–2032 (USD MILLION)               231

TABLE 238            BRAZIL: SMALL LANGUAGE MODELS MARKET, BY OFFERING,

2020–2024 (USD MILLION)            232

TABLE 239            BRAZIL: SMALL LANGUAGE MODELS MARKET,

BY OFFERING, 2025–2032 (USD MILLION)               232

TABLE 240            MEXICO: SMALL LANGUAGE MODELS MARKET,

BY OFFERING, 2020–2024 (USD MILLION)               233

TABLE 241            MEXICO: SMALL LANGUAGE MODELS MARKET,

BY OFFERING, 2025–2032 (USD MILLION)               233

TABLE 242            REST OF LATIN AMERICA: SMALL LANGUAGE MODELS MARKET,

BY OFFERING, 2020–2024 (USD MILLION)               234

TABLE 243            REST OF LATIN AMERICA: SMALL LANGUAGE MODELS MARKET,

BY OFFERING, 2025–2032 (USD MILLION)               234

TABLE 244            OVERVIEW OF STRATEGIES ADOPTED BY KEY SMALL LANGUAGE

MODELS VENDORS         235

TABLE 245            SMALL LANGUAGE MODELS MARKET: DEGREE OF COMPETITION           240

TABLE 246            REGIONAL FOOTPRINT (16 COMPANIES)                 248

TABLE 247            APPLICATION FOOTPRINT (16 COMPANIES)                 249

TABLE 248            DATA MODALITY FOOTPRINT (16 COMPANIES)                 250

TABLE 249            END USER FOOTPRINT (16 COMPANIES)                 251

TABLE 250            REGIONAL FOOTPRINT (10 COMPANIES)                 254

TABLE 251            OFFERING FOOTPRINT (10 COMPANIES)                 255

TABLE 252            DEPLOYMENT MODE FOOTPRINT (10 COMPANIES)     255

TABLE 253            END USER FOOTPRINT (10 COMPANIES)                 256

TABLE 254            SMALL LANGUAGE MODELS MARKET: PRODUCT LAUNCHES AND

ENHANCEMENTS, JANUARY 2022– MARCH 2025  257

TABLE 255            SMALL LANGUAGE MODELS MARKET: DEALS, JANUARY 2022–FEBRUARY 2025  259

TABLE 256            INFOSYS: COMPANY OVERVIEW                268

TABLE 257            INFOSYS: PRODUCTS/SOLUTIONS/SERVICES OFFERED             269

TABLE 258            INFOSYS: PRODUCT LAUNCHES AND ENHANCEMENTS             269

TABLE 259            INFOSYS: DEALS               270

TABLE 260            MICROSOFT: COMPANY OVERVIEW        272

TABLE 261            MICROSOFT: PRODUCTS/SOLUTIONS/SERVICES OFFERED    273

TABLE 262            MICROSOFT: PRODUCT LAUNCHES AND ENHANCEMENTS             274

TABLE 263            MICROSOFT: DEALS       275

TABLE 264            IBM: COMPANY OVERVIEW         277

TABLE 265            IBM: PRODUCTS/SOLUTIONS/SERVICES OFFERED             278

TABLE 266            IBM: PRODUCT LAUNCHES AND ENHANCEMENTS             279

TABLE 267            IBM: DEALS        279

TABLE 268            META: COMPANY OVERVIEW     281

TABLE 269            META: PRODUCTS/SOLUTIONS/SERVICES OFFERED             282

TABLE 270            META: PRODUCT LAUNCHES AND ENHANCEMENTS             283

TABLE 271            META: DEALS    283

TABLE 272            AWS: COMPANY OVERVIEW        285

TABLE 273            AWS: PRODUCTS/SOLUTIONS/SERVICES OFFERED             286

TABLE 274            AWS: DEALS       287

TABLE 275            MISTRAL AI: COMPANY OVERVIEW         289

TABLE 276            MISTRAL AI: PRODUCTS/SOLUTIONS/SERVICES OFFERED             290

TABLE 277            MISTRAL AI: PRODUCT LAUNCHES AND ENHANCEMENTS             290

TABLE 278            MISTRAL AI: DEALS         291

TABLE 279            ARCEE AI: COMPANY OVERVIEW              292

TABLE 280            ARCEE AI: PRODUCTS/SOLUTIONS/SERVICES OFFERED             292

TABLE 281            ARCEE AI: PRODUCT LAUNCHES AND ENHANCEMENTS             293

TABLE 282            ARCEE AI: DEALS              293

TABLE 283            AI21 LABS: COMPANY OVERVIEW             294

TABLE 284            AI21 LABS: PRODUCTS/SOLUTIONS/SERVICES OFFERED             294

TABLE 285            AI21 LABS: PRODUCT LAUNCHES AND ENHANCEMENTS             295

TABLE 286            AI21 LABS: DEALS             295

TABLE 287            ANTHROPIC: COMPANY OVERVIEW        296

TABLE 288            ANTHROPIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED    296

TABLE 289            ANTHROPIC: PRODUCT LAUNCHES AND ENHANCEMENTS             297

TABLE 290            ANTHROPIC: DEALS       297

TABLE 291            OPENAI: COMPANY OVERVIEW 299

TABLE 292            OPENAI: PRODUCTS/SOLUTIONS/SERVICES OFFERED             299

TABLE 293            OPENAI: PRODUCT LAUNCHES AND ENHANCEMENTS             300

TABLE 294            OPENAI: DEALS 300

TABLE 295            LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2020–2023 (USD MILLION)     332

TABLE 296            LARGE LANGUAGE MODEL MARKET, BY OFFERING, 2024–2030 (USD MILLION)     332

TABLE 297            LARGE LANGUAGE MODEL MARKET, BY ARCHITECTURE,

2020–2023 (USD MILLION)            333

TABLE 298            LARGE LANGUAGE MODEL MARKET, BY ARCHITECTURE,

2024–2030 (USD MILLION)            334

TABLE 299            LARGE LANGUAGE MODEL MARKET, BY MODALITY, 2020–2023 (USD MILLION)   334

TABLE 300            LARGE LANGUAGE MODEL MARKET, BY MODALITY, 2024–2030 (USD MILLION)   335

TABLE 301            LARGE LANGUAGE MODEL MARKET, BY MODEL SIZE, 2020–2023 (USD MILLION) 336

TABLE 302            LARGE LANGUAGE MODEL MARKET, BY MODEL SIZE, 2024–2030 (USD MILLION) 336

TABLE 303            LARGE LANGUAGE MODEL MARKET, BY APPLICATION, 2020–2023 (USD MILLION)              337

TABLE 304            LARGE LANGUAGE MODEL MARKET, BY APPLICATION, 2024–2030 (USD MILLION)              338

TABLE 305            LARGE LANGUAGE MODEL MARKET, BY END USER, 2020–2023 (USD MILLION)                339

TABLE 306            LARGE LANGUAGE MODEL MARKET, BY END USER, 2024–2030 (USD MILLION)                339

TABLE 307            LARGE LANGUAGE MODEL MARKET, BY REGION, 2020–2023 (USD MILLION)          340

TABLE 308            LARGE LANGUAGE MODEL MARKET, BY REGION, 2024–2030 (USD MILLION)          340

TABLE 309            GENERATIVE AI MARKET, BY OFFERING, 2019–2023 (USD MILLION)       342

TABLE 310            GENERATIVE AI MARKET, BY OFFERING, 2024–2030 (USD MILLION)       342

TABLE 311            GENERATIVE AI MARKET, BY DATA MODALITY, 2019–2023 (USD MILLION)            343

TABLE 312            GENERATIVE AI MARKET, BY DATA MODALITY, 2024–2030 (USD MILLION)            343

TABLE 313            GENERATIVE AI MARKET, BY APPLICATION, 2019–2023 (USD MILLION)            344

TABLE 314            GENERATIVE AI MARKET, BY APPLICATION, 2024–2030 (USD MILLION)            344

TABLE 315            GENERATIVE AI MARKET, BY END USER, 2019–2023 (USD MILLION)       345

TABLE 316            GENERATIVE AI MARKET, BY END USER, 2024–2030 (USD MILLION)       345

TABLE 317            GENERATIVE AI MARKET, BY REGION, 2019–2023 (USD MILLION) 346

TABLE 318            GENERATIVE AI MARKET, BY REGION, 2024–2030 (USD MILLION) 346

 

LIST OF FIGURES

 

FIGURE 1              SMALL LANGUAGE MODELS MARKET: RESEARCH DESIGN         37

FIGURE 2              DATA TRIANGULATION                40

FIGURE 3              SMALL LANGUAGE MODELS MARKET: TOP-DOWN AND BOTTOM-UP APPROACHES                41

FIGURE 4              MARKET SIZE ESTIMATION METHODOLOGY – APPROACH 1, BOTTOM-UP (SUPPLY-SIDE): REVENUE FROM OFFERINGS OF SMALL LANGUAGE MODELS MARKET    42

FIGURE 5              MARKET SIZE ESTIMATION METHODOLOGY- APPROACH 2, BOTTOM-UP (SUPPLY-SIDE): COLLECTIVE REVENUE FROM ALL SOFTWARE & SERVICES OF THE SMALL LANGUAGE MODELS MARKET   43

FIGURE 6              MARKET SIZE ESTIMATION METHODOLOGY-APPROACH 3, BOTTOM-UP (SUPPLY-SIDE): COLLECTIVE REVENUE FROM ALL SOFTWARE & SERVICES OF SMALL LANGUAGE MODELS MARKET   44

FIGURE 7              MARKET SIZE ESTIMATION METHODOLOGY-APPROACH 4, BOTTOM-UP (DEMAND-SIDE): SHARE OF SMALL LANGUAGE MODELS THROUGH OVERALL AI SPENDING                 45

FIGURE 8              SOFTWARE TO BECOME LARGEST OFFERING BY MARKET SIZE IN 2025                53

FIGURE 9              INTEGRATION & DEPLOYMENT SERVICES TO HOLD MAJOR SHARE IN 2025       54

FIGURE 10            CLOUD SEGMENT WILL BE LEADING DEPLOYMENT MODE IN 2025     54

FIGURE 11            TEXT DATA MODALITY WILL ACCOUNT FOR MAJORITY MARKET SHARE IN 2025           54

FIGURE 12            CONTENT GENERATION TO BE LARGEST APPLICATION SEGMENT IN 2025               55

FIGURE 13            MODELS BETWEEN 8 BILLION TO LESS THAN 12 BILLION PARAMETERS

WILL BE LEADING SEGMENT BY MODEL SIZE IN 2025     55

FIGURE 14            ENTERPRISES TO BECOME LARGER END USER SEGMENT IN 2025             55

FIGURE 15            WITHIN ENTERPRISES SEGMENT, TECHNOLOGY & SOFTWARE PROVIDERS

TO BE FASTEST-GROWING END USER OVER FORECAST PERIOD                 56

FIGURE 16            ASIA PACIFIC TO REGISTER FASTEST GROWTH RATE DURING FORECAST PERIOD           56

FIGURE 17            HIGH COMPUTATIONAL EFFICIENCY, DOMAIN-SPECIFIC CUSTOMIZATION, AND PRIVACY-CENTRIC AI TO BOOST SMALL LANGUAGE MODEL ADOPTION 57

FIGURE 18            SEMANTIC SEARCH & INFORMATION RETRIEVAL SEGMENT TO ACCOUNT FOR HIGHEST GROWTH RATE DURING FORECAST PERIOD           58

FIGURE 19            TEXT DATA MODALITY AND MODELS BETWEEN 8 BILLION TO LESS THAN 12 BILLION PARAMETERS TO BE LEADING SEGMENTS IN NORTH AMERICA IN 2025                 58

FIGURE 20            NORTH AMERICA TO HOLD LARGEST MARKET SHARE IN 2025   59

FIGURE 21            DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN SMALL

LANGUAGE MODELS MARKET   61

FIGURE 22            EVOLUTION OF SMALL LANGUAGE MODELS MARKET               65

FIGURE 23            KEY PLAYERS IN SMALL LANGUAGE MODELS MARKET ECOSYSTEM    67

FIGURE 24            SMALL LANGUAGE MODELS MARKET: SUPPLY CHAIN ANALYSIS              69

FIGURE 25            LEADING SMALL LANGUAGE MODEL VENDORS, BY FUNDING VALUE (MILLION)

AND FUNDING ROUND 71

FIGURE 26            NUMBER OF PATENTS GRANTED FOR SMALL LANGUAGE MODELS MARKET,

2016–2025              88

FIGURE 27            REGIONAL ANALYSIS OF PATENTS GRANTED, 2016–2025              92

FIGURE 28            SMALL LANGUAGE MODELS MARKET: PORTER’S FIVE FORCES ANALYSIS           96

FIGURE 29            TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS   99

FIGURE 30            INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE VERTICALS   99

FIGURE 31            KEY BUYING CRITERIA FOR TOP THREE VERTICALS         100

FIGURE 32            SERVICES SEGMENT TO REGISTER HIGHER CAGR DURING FORECAST PERIOD          103

FIGURE 33            INTEGRATION & DEPLOYMENT SERVICES SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2025                 106

FIGURE 34            EDGE DEVICES SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD          115

FIGURE 35            SEMANTIC SEARCH & INFORMATION RETRIEVAL TO BE THE FASTEST GROWING APPLICATION DURING FORECAST PERIOD       122

FIGURE 36            VIDEO SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD       134

FIGURE 37            SMALL LANGUAGE MODELS WITH LESS THAN 2 BILLION PARAMETERS

TO REGISTER FASTEST GROWTH OVER FORECAST PERIOD                 143

FIGURE 38            INDIVIDUAL USERS SEGMENT TO GROW AT HIGHER CAGR DURING

FORECAST PERIOD         153

FIGURE 39            TECHNOLOGY & SOFTWARE PROVIDERS SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD                155

FIGURE 40            ASIA PACIFIC TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD       172

FIGURE 41            INDIA TO WITNESS FASTEST GROWTH DURING FORECAST PERIOD         172

FIGURE 42            NORTH AMERICA: SMALL LANGUAGE MODELS MARKET SNAPSHOT       175

FIGURE 43            ASIA PACIFIC: SMALL LANGUAGE MODELS MARKET SNAPSHOT       200

FIGURE 44            TOP FIVE PUBLIC PLAYERS DOMINATING MARKET OVER LAST FIVE YEARS              238

FIGURE 45            SHARE OF LEADING COMPANIES IN SMALL LANGUAGE MODELS MARKET, 2024        239

FIGURE 46            PRODUCT COMPARATIVE ANALYSIS      242

FIGURE 47            COMPANY VALUATION AND FINANCIAL METRICS OF KEY VENDORS        244

FIGURE 48            YEAR-TO-DATE (YTD) PRICE TOTAL RETURN AND 5-YEAR STOCK BETA OF

KEY VENDORS  244

FIGURE 49            SMALL LANGUAGE MODELS MARKET: COMPANY EVALUATION MATRIX

(SOFTWARE PROVIDERS), 2024  246

FIGURE 50            COMPANY FOOTPRINT (16 COMPANIES)                 247

FIGURE 51            SMALL LANGUAGE MODELS MARKET: COMPANY EVALUATION MATRIX

(SERVICE PROVIDERS), 2024        253

FIGURE 52            COMPANY FOOTPRINT (10 COMPANIES)                 254

FIGURE 53            INFOSYS: COMPANY SNAPSHOT                268

FIGURE 54            MICROSOFT: COMPANY SNAPSHOT        273

FIGURE 55            IBM: COMPANY SNAPSHOT         278

FIGURE 56            META: COMPANY SNAPSHOT    282

FIGURE 57            AWS: COMPANY SNAPSHOT        286