IDC: By 2024, the market size of MaaS+AI large model solutions will double, and the large model market will surge rapidly.

According to the Zhitong Financial APP, the latest report "China Model as a Service (MaaS) and AI Large Model Solutions Market Tracking, 2024H2" released by the International Data Corporation (IDC) shows that the MaaS market in China will experience explosive growth in 2024, reaching a total of 710 million RMB for the year, an astonishing year-on-year increase of 215.7% compared to 2023, with a market size of 460 million RMB in the second half of 2024. Looking ahead to 2024-2029, this market is expected to expand rapidly at an annual compound growth rate of 66.1%, with the market size projected to reach 9 billion RMB by 2029. The AI Large Model Solutions market is also maintaining a high growth trend. The total market size for 2024 will be 34.9 billion RMB, a year-on-year increase of 126.4%, with the market size for the second half of 2024 reaching 21.0 billion RMB. Over the next five years, this market is expected to continue expanding at an annual compound growth rate of 54.5%, with the overall market size projected to reach 306 billion RMB by 2029.