Small Language Model Market to Expand Significantly, Worth $5.45 Billion by 2032
The Small Language Model Market is slated to expand from USD 0.93 billion in 2025 to USD 5.45 billion by 2032, at a substantial CAGR of 28.7% over the forecast period.
With the growing demand for domain-specific AI that prioritizes performance over computational complexity, the Small Language Model (SLM) market is gaining momentum. In contrast to Large Language Models (LLMs), SLMs are tailored...