Small Language Model Market Size Poised To Reach USD 20.71 Billion By 2030
San Francisco, 30 Oct 2024: The Report Small Language Model Market Size, Share & Trends Analysis Report By Technology, By Deployment (Cloud, On-premises, Hybrid), By Application, By Region, And Segment Forecasts, 2024 - 2030 The small language model market size to reach USD 20.71 billion in 2030 and is projected to grow at a CAGR of 15.6% from 2024 to 2030. As businesses manage the complexities of generative AI and small language model are provide promising solution that strikes a balance between capability and practicality. These models mark an important advancement in AI technology, providing companies with a way to leverage AI’s power in a more controlled, efficient, and customized manner. The continuous improvements and innovations in small language model technology are expected to influence the future of enterprise AI solutions significantly. Small Language Models (SLMs) stand out due to their strategic use of fewer limitations, normally varyi...