Find stats on top websites

Industry Landscape

The ML Infrastructure market is experiencing rapid growth, driven by increasing adoption of AI/ML, demand for real-time inference, and the need for robust MLOps. Companies are seeking solutions to streamline development, improve data quality, and manage complex ML pipelines at scale. Cloud-native solutions and feature platforms are key segments, with a strong emphasis on developer experience and operational efficiency.

Industries:
Machine LearningData EngineeringFeature StoreReal-time AIMLOps

Total Assets Under Management (AUM)

Machine Learning Platform Market Size in United States

~Approximately $4.7 billion (2023)

(30-40% CAGR)

- Increased investment in AI/ML initiatives across industries.

- Growing need for automated model deployment and monitoring.

- Demand for scalable and governed data and feature pipelines.

Total Addressable Market

50 billion USD

Market Growth Stage

Low
Medium
High

Pace of Market Growth

Accelerating
Deaccelerating

Emerging Technologies

Generative AI Integration

Integrating Generative AI models into ML infrastructure will enable automated feature engineering, synthetic data generation, and more intelligent pipeline orchestration.

Real-time Vector Databases

The adoption of real-time vector databases will enhance the efficiency and scalability of similarity search and retrieval-augmented generation (RAG) for large language models within ML applications.

MLOps Automation with AI

AI-driven automation within MLOps will optimize model deployment, monitoring, and retraining processes, leading to self-healing and adaptive ML systems.

Impactful Policy Frameworks

AI Risk Management Framework (NIST AI RMF 1.0, 2023)

The National Institute of Standards and Technology (NIST) released a voluntary framework to better manage risks to individuals, organizations, and society associated with artificial intelligence.

This framework encourages robust risk assessment and mitigation practices for AI systems, pushing ML infrastructure providers to bake in governance, transparency, and accountability features.

Executive Order on the Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence (2023)

President Biden issued an executive order outlining a comprehensive approach to AI safety and innovation, including mandates for safety standards, privacy protection, and competitive markets.

This order will likely spur demand for ML infrastructure solutions that prioritize data privacy, model explainability, and secure deployment, impacting how companies build and operate AI.

California Privacy Rights Act (CPRA, 2023)

The CPRA expanded upon the California Consumer Privacy Act (CCPA), giving consumers more control over their personal data and introducing new enforcement mechanisms.

This legislation places stricter requirements on data handling and consent, compelling ML infrastructure platforms to offer robust data governance and anonymization tools to ensure compliance.

Transform Your Ideas into Action in Minutes with WaxWing

Sign up now and unleash the power of AI for your business growth