Quantitative TAM Report
Definition: Burt’s core market is enterprise LLMOps/fine‑tuning platforms (software) and tightly‑related services for model customization, deployment, and continuous improvement.
Top‑down benchmarks (IDC):
- AI solutions spending: $307B in 2025, rising to $632B by 2028 (~29% CAGR).
- GenAI spending: $69.1B in 2025, rising to $202B by 2028.
- Mix: ~57% software; AI Platforms poised to reach ~25% of core AI spend by 2028.
Segment sizing (LLMOps software):
- LLMOps Software: $4.35B (2023) → $13.95B (2030), 21.3% CAGR (Valuates). This is consistent with an expanding share of platform spend, as enterprises move from experimentation to production and continuous improvement.
Services tailwinds (Everest Group):
- AI services market reached $45‑50B in 2024 and is projected to grow 30‑35% CAGR to 2029, with significant portions tied to fine‑tuning, deployment, governance, monitoring, and AgentOps.
Derived estimates (methodology disclosed):
- 2025 platform TAM (LLMOps/fine‑tuning software): ~USD 6‑10B, aligned with dedicated LLMOps forecasts and IDC platform‑share expansion.
- 2025 adjacent services TAM for model customization/LLMOps/AgentOps: ~USD 17‑27B (subset of the ~$58‑67B 2025 AI services pool extrapolated from Everest’s 2024 baseline and CAGR).
- Combined 2025 opportunity (platform + closely linked services) plausibly in the mid‑$20 B to high‑$30 B, expanding rapidly toward 2030 as AI Platforms gain share and GenAI spending growth compounds.
Methodology: Top‑down AI spend from IDC was allocated to software (57%) and then to AI Platforms (≈15‑20% for 2025). Within AI Platforms, the LLMOps/fine‑tuning slice was aligned with the Valuates market size. Services TAM was derived by applying a 30‑40% share of the Everest‑projected AI services pool to model‑customization activities.