The Rise of ModelOps Market: A $29.5 billion Industry Dominated by IBM (US), Google (US) and SAS Ins

Webersnits21 Aug, 2024News

The ModelOps Market is projected to reach expected to grow from USD 5.4 billion in 2024 to USD 29.5 billion in 2029, at a CAGR of 40.2% during the forecast period, ModelOps, or Model Operations, is a set of practices and tools used to manage and operationalize machine learning models in a production environment. This includes deploying, monitoring, maintaining, and governance models to ensure they perform as expected.

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