IDC's latest report shows that China's large model platform and related application market size has reached 1.765 billion yuan in 2023, with Baidu Smart Cloud leading the way with a market share of 19.9%, followed by SenseTime. The report pointed out that the market is still in its early stages, but some companies have already achieved initial results. In the next 2-3 years, the large model market will undergo drastic changes. Continuous investment in the research and development of basic large models, improvement of base model capabilities, and innovation in emerging fields such as multimodal large models, scientific computing large models, etc. will become the mainstay of enterprises. The key to competitiveness. The report also emphasizes the importance of engineering, lowering barriers and innovative applications, which will be key factors for manufacturers to win in the competition.
Recently, International Data Corporation (IDC) recently released "China's Large Model Platform Market Share, 2023: The First Year of Large Models - The Preliminary Game". In 2023, China's large model platform and related application market will reach 1.765 billion yuan. Although the market is still in the early investment and wait-and-see stages, some companies' early investment has begun to reap results.
In terms of market structure, Baidu Smart Cloud ranks first with a market size of 350 million yuan and a market share of 19.9%, followed by SenseTime with a market share of 16.0%. As a leader among start-ups, Zhipu AI ranks third, while companies such as Baichuan Intelligence and 4Paradigm also have a place in the market.
Future Outlook Lu Yanxia, research director of IDC China, pointed out that the large model market will undergo multiple rounds of drastic changes in the next 2-3 years. She emphasized that continuous investment in the research and development of basic large models and continuous improvement of base model capabilities are the keys for companies to maintain their competitiveness. At the same time, emerging fields such as multi-modal large models and scientific computing large models are still in the blue ocean market, providing broad space for product innovation.
At the application level, engineering, lowering barriers to entry, and innovative applications will become the keys for manufacturers to stand out in the fierce market competition. Lu Yanxia believes that innovation in these fields will help manufacturers gain advantages in competition.
Highlight:
Market size: China's large model platform and related application market size will reach RMB 1.765 billion in 2023.
? Market leaders: Baidu Smart Cloud and SenseTime lead the market with market shares of 19.9% and 16.0% respectively.
Future trends: Continuous R&D investment in basic large models and product innovation in emerging fields will be the key to market development.
All in all, China's large model market is highly competitive and has huge potential for future development. Continuous innovation and technological breakthroughs will be the key to success or failure. Enterprises need to seize the opportunity to occupy a favorable position in this rapidly developing market.