The global https://www.grandviewresearch.com/industry-analysis/modelops-market-report modelOps market size was estimated at USD 5.64 billion in 2024 and is expected to grow at a CAGR of 41.3% from 2025 to 2030. Rapid AI and ML adoption across industries, needs for scalability large-scale AI deployment, cost efficiency and automation, and AI model performance monitoring are primarily drivers of the ModelOps market. ModelOps helps businesses mitigate operational risks by providing tools to detect and rectify model drift or failures before they impact critical business processes, ensuring consistent decision-making and reducing potential disruptions.

Strict regulations, in various industries such as, BFSI, and healthcare require transparent, explainable, and compliant AI models. ModelOps platforms provide governance frameworks that help businesses meet regulatory requirements, avoiding costly compliance breaches and ensuring auditability. For instance, in December 2024, ModelOp, a foremost provider of AI governance software for enterprises announced a significant surge in platform usage throughout the year. New customer acquisitions drove this growth, the adoption of generative AI, and an increasing demand for its AI portfolio intelligence and governance solutions. For the second year in a row, the company achieved substantial and sustained expansion, particularly in the healthcare, financial services, and consumer packaged goods (CPG) sectors.

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