Recently, market research firm IDC released the report “China Model-as-a-Service (MaaS) and AI Big Model Solutions Market Tracker, 2024H1”, which said that the size of China's MaaS market has reached 250 million yuan in the first half of 2024.From 2024-2028, this market is expected to continue to grow rapidly at a compound annual growth rate of 64.8%, and the total market size will reach 3.8 billion yuan in 2028.
The size of the AI big model solutions market in China in the first half of 2024 was 1.38 billion yuan. market size will reach $3.8 billion.The size of China's AI big modeling solutions market was $1.38 billion in the first half of 2024. It is also expected to continue to grow at a high rate during 2024-2028, at a CAGR of 56.2%, and the overall market size will reach $21.1 billion by 2028. Among the vendors, in the China MaaS market, in the first half of 2024, the top three service providers were Baidu Intelligent Cloud, Ali Cloud and Tencent Cloud, according to the size of revenue. Baidu Intelligent Cloud ranked first in the market with a scale of over $80 million and a market share of 32.4%.
Baidu Intelligent Cloud's MaaS business mainly provides services through its Qianfan large model platform, providing enterprises with a large model of the full life cycle tool chain and a complete set of environments, so that enterprise users can directly call Wenxin large model services on the Qianfan platform, but also for the development, training, deployment, and invocation of their own large model services, and at the same time, the platform also provides a full set of tool chain for the application development layer to support the model to application landing At the same time, the platform also provides a full set of tool chains at the application development layer to support the model to application landing in the last kilometer, and provides enterprises with enterprise-level RAG, enterprise-level Agent and other full-link application landing best practices. In the AI big model solution market, in the first half of 2024, Baidu Intelligent Cloud, Shangtang Technology and KDDI ranked among the top three in the market, with revenue shares of 17.0%, 14.8% and 14.0%, respectively.
Baidu Intelligent Cloud's AI big model solutions serve multiple industries, including smart terminals, smart cars and smart transportation, among others. Among them, it supports the development of the government's AI industry and application development landing in such areas as industrial innovation bases, big model empowerment centers, and residential government services, and in such industries as manufacturing, energy and power, and finance, it provides enterprises with a general big model base to train industry models that meet specific business needs, supports enterprises in completing the development of big model applications, and realizes the landing of applications in the whole business process.