IDC Releases "China Big Model Platform Market Share Report", Baidu, SenseTime, and iFLYTEK Top Three

2024-08-22

Today, the internationally renowned data research firm IDC (International Data Corporation) officially released the authoritative report "China's Large-scale Model Platform Market Share, 2023: The Year of Large-scale Models - Initial Stage". The report points out that by 2023, the total scale of China's large-scale model platform and its related applications market has exceeded 1.765 billion yuan, marking the official entry of China into the era of large-scale model technology development. The report provides in-depth analysis of the current market situation and trends, emphasizing that although the industry's investment in large-scale models was still in the early exploration and observation stage last year, resulting in the overall market scale not fully manifested, a preliminary market structure has been established with Baidu, SenseTime, Zhizhi, and Baichuan as representatives. These companies' long-term cultivation in the field of AI and early layout of large-scale model technology have won them market advantages. Of particular note, Baidu Intelligent Cloud, with its deep accumulation in the field of AI and continuous investment in large-scale model technology, ranks first with a market scale of 350 million yuan, accounting for 19.9% of the market share, demonstrating its leading position in the field of large-scale models. Following closely behind is SenseTime, which relies on the powerful computing power and integrated solutions of its Shanghai AIDC, ranking second with a market share of 16.0%. In addition, Zhizhi AI, as an outstanding player among startups, has successfully entered the top three in the market, demonstrating strong development momentum. Looking ahead to 2024 and the next 2-3 years, the report predicts that the Chinese large-scale model market will face more intense competition. With the increased investment and implementation of price war strategies by leading internet companies, early-stage startups in the large-scale model industry will face unprecedented challenges and opportunities. The market structure may undergo multiple rounds of profound changes, ultimately forming a more stable and diversified competitive landscape. At the same time, the report also points out the bottlenecks and challenges in the current development of large-scale model technology. Although large-scale models and generative AI have become hot topics in the technology market, their actual implementation capabilities are still relatively limited, and there are significant differences in large-scale model capabilities among different technology providers. Therefore, continuous investment in foundational large-scale models is crucial for enterprises to maintain a leading position in future competition. Furthermore, the report emphasizes the broad prospects of new application scenarios such as multimodal large-scale models and video large-scale models. Although these areas of technology are not yet mature, there is an urgent market demand, providing significant development space for technology providers. At the same time, for the specific data types of scientific computing and others, the current large-scale models are not fully capable, calling for the birth of a completely new foundational large-scale model. This IDC report not only provides valuable data references and trend insights for the industry but also points the way for the future development of the Chinese large-scale model market. With continuous technological progress and market expansion, China's large-scale model platform and application market are expected to have a more brilliant future.