Small Language Models Market Anticipated to Reach $5.45 Billion by 2032

The Small Language Model Market is projected to grow from USD 0.93 billion in 2025 to USD 5.45 billion by 2032, registering a strong CAGR of 28.7% during 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...