What is the global market size of MLOps Market?

MLOps Market size was valued at USD 1.10 billion in 2022 and is poised to grow from USD 1.55 billion in 2023 to USD 24.23 billion by 2031, growing at a CAGR of 41% during the forecast period (2024-2031).

Who are the key vendors in the Global MLOps Market?

The global MLOps market is characterized by a mix of established companies and emerging players. Market participants are focusing on research and development activities to enhance the efficiency and performance of MLOpss. Additionally, strategic collaborations, partnerships, and mergers and acquisitions are prevalent strategies adopted by companies to expand their market presence. The competitive environment is further influenced by factors such as technological advancements, government regulations, and the ability to provide cost-effective and sustainable solutions. 'IBM (US)', 'Microsoft (US)', 'Google (US)', 'AWS (US)', 'HE (US)', 'GAVS Technologies (US)', 'DataRobot (US)', 'Cloudera (US)', 'Altery (US)', 'Domino Data Lab (US)', 'Valohai (US)', 'H20.ai (US)', 'MLflow (Netherlands)', 'Neptune. ai (Europe)', 'Comet (US)', 'SparkCognition (US)', 'Hopsworks (Europe)', 'Datatron (US)', 'Weights & Biases (US)', 'Katonic.ai (Australia)'.

What is the key driver of Global MLOps Market?

Manual data reprocessing and collecting are ineffective and might produce unsatisfactory results. MLOps helps for automating the whole ML model workflow. This includes data gathering, model construction, testing, retraining, and development. MLOps help companies save time and reduce error rates. Collaboration is seen between IT and business personnel, as well as data scientists and engineers, for the company-wide adoption of ML models. Businesses can standardize ML operations and establish a standardized language for all participants due to MLOps principles. This reduces compatibility problems and quickens the construction and deployment of modelling processes.

What is the key market trend for Global MLOps Market?

Few key market trends in the global MLOps market are MLOps platforms incorporating more automation features, such as auto-model selection and auto-tuning. This is helping businesses to reduce the time and cost of model development. Many MLOps platforms are cloud-based, as they offer scalability and flexibility to businesses. Cloud providers are also offering more machine learning services, such as automatic model deployment and monitoring. Collaboration between data scientists and IT operations teams is key to effective MLOps. Platforms are incorporating collaboration features to facilitate this. As machine learning models become more complex, it is becoming increasingly important to understand how they make decisions. Explainable AI is a trend in MLOps that aims to provide insight into why machine learning models make certain decisions. As more sensitive data is being used in machine learning models, ensuring security is crucial. MLOps platforms are incorporating security features to protect sensitive data and prevent cyber attacks.

Which region accounted for the largest share in Global MLOps Market?

North America followed by Asia Pacific is one of the leading markers for MLOps in terms of market share. Countries, such as the US and Canada, are adopting ML technology in multiple application areas, propelling the growth of MLOps in this region. In the North American MLOps market, the US is considered one of the major contributors. The presence of prominent technology providers, such as IBM (US), Google (US), Microsoft (US), HPE (US), and AWS (US), is complementing the growth of the market in this region. The presence of such established MLOps companies and the emergence of new start-ups will strengthen the outlook of this region and enable it to witness a significant increase in investments and early adoption of Artificial Intelligence technology.

MLOps Market Regional Analysis

Skyquest Technology's expert advisors have carried out comprehensive global market analysis on the mlops market, covering regional industry trends and market insights. Our team of analysts have conducted in-depth primary and secondary research to provide regional industry analysis and forecast of mlops market across North America, South America, Europe, Asia, the Middle East, and Africa.

MLOps Market Regional Insights

Since North America had many developed economies and research institutes and some top Al firms, the region held the dominant position in 2024. North America contributed over 41% of revenue in the global market in the year 2024. Its growth prospect will be larger as its investment to develop cutting-edge technology is witnessed for making a customer-friendly better corporate process. It has also significantly invested in Al-related technology in the last couple of years and developed great R&D skills with Al. They also came up with legislation to make further progress in the industry. For instance, an open-source startup called Allegro AI in December 2022 stated that it was a historic growth year for the company, breaking new highs in user base, revenues, and partnerships.

Asia-Pacific is predicted to grow at the fastest CAGR throughout the forecast period. Major players, such as Amazon Web Services, Inc., Microsoft, and Google, are rapidly strengthening their positions in the fast-growing MLOps market in Asia-Pacific. Thus, it is expected that cloud-based MLOps solutions will foster wider-scale adoption by the Asia-Pacific enterprises as they exploit the scalability and flexibility of cloud infrastructure. There are also investments by both companies and governments in this region in AI and machine learning. The investments will increase the demand for MLOps solutions so that they can be developed and deployed to build large-scale machine learning models.

MLOps Market Report Snapshots

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FAQs

MLOps Market size was valued at USD 1.55 Billion in 2023 and is poised to grow from USD 2.19 Billion in 2024 to USD 34.16 Billion by 2032, growing at a CAGR of 41% during the forecast period (2025-2032).

Key players in the highly competitive MLOps market are Microsoft, Google, IBM, Amazon Web Services (AWS), and DataRobot. They are full-fledged platforms to develop, deploy, and manage machine learning models. More specialized solutions started coming for startups and specialty companies in areas such as automation, model monitoring, and healthcare. Strategic alliances, acquisitions, and continuous innovation shape the competitive landscape of such a highly dynamic industry. 'IBM (US)', 'Microsoft (US)', 'Google (US)', 'AWS (US)', 'HE (US)', 'GAVS Technologies (US)', 'DataRobot (US)', 'Cloudera (US)', 'Altery (US)', 'Domino Data Lab (US)', 'Valohai (US)', 'H20.ai (US)', 'MLflow (Netherlands)', 'Neptune. ai (Europe)', 'Comet (US)', 'SparkCognition (US)', 'Hopsworks (Europe)', 'Datatron (US)', 'Weights & Biases (US)', 'Katonic.ai (Australia)'

Integrating MLOps in Healthcare: AI/ML is gradually turning out to be the backbench support for this industry, be it image analysis in healthcare, customization of treatment, or predictive modeling. MLOps solutions are increasingly utilized to speed up the construction and deployment of models while remaining scalable and meeting healthcare industry standards. The increasing need for cutting-edge healthcare technology and better patient outcomes is driving the use of MLOps platforms, which enable better decision-making and effective healthcare delivery.

MLOps Market Regional Analysis

MLOps Market Regional Insights

MLOps Market Report Snapshots

FAQs

What is the global market size of MLOps Market?

Who are the key vendors in the MLOps Market?

What is the key driver of MLOps Market?

What is the key market trend for MLOps Market?

Which region accounted for the largest share in MLOps Market?

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