Small Language Model (SLM) Market

The Small Language Model (SLM) market comprises compact, efficient generative AI models designed for domain-specific tasks with low computational resources. Key customers are organizations in healthcare, legal, finance, and consumer technology that require privacy-centric, real-time processing on consumer devices and enterprise systems. Market growth is primarily driven by the increasing demand for cost-effective and customizable AI, widespread integration into edge and IoT devices, and rising investment in responsible and explainable AI solutions.