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A market exists, yes. But that market size overall is small, and the number of players is large. The entire dev tools market is consistently estimated at arou
by DannyBee 4y ago
A market exists, yes.
But that market size overall is small, and the number of players is large.
The entire dev tools market is consistently estimated at around 5 billion right now, and only 11-12 billion 5 years from now. The CAGR is about 13-14%.
ML, which appeared out of nowhere, is estimated at ~15-20 billion right now, and 100-200 billion in 5 years. The CAGR is ~40% right now.
(The estimates vary on whether they think CAGR slows down or not, etc, hence the variation 5 years from now).
In one of these markets, you need to be a big fish in a small pond, but you'd have to take out established players to do it.
In the other, you at least might stand a chance of building something new that takes over as the market grows 10x.
In the o