Recent advancements in tabular deep learning (DL) have led to substantial performance improvements, surpassing the capabilities of traditional models. With the adoption of techniques from natural language processing (NLP), such as language model-based approaches, DL models for tabular data have also grown in complexity and size. Although tabular datasets do not typically pose scalability issues, the escalating size of these models has raised efficiency concerns. Despite its importance, efficiency has been relatively underexplored in tabular DL research. This paper critically examines the latest innovations in tabular DL, with a dual focus on performance and computational efficiency.

The analysis of tabular data has traditionally been dominated by gradient-boosted decision trees (GBDTs), known for their proficiency with mixed categorical and numerical features. However, recent deep learning innovations are challenging this dominance. We introduce Mambular, an adaptation of the Mamba architecture optimized for tabular data. We extensively benchmark Mambular against state-of-the-art models, including neural networks and tree-based methods, and demonstrate its competitive performance across diverse datasets. Additionally, we explore various adaptations of Mambular to understand its effectiveness for tabular data. We investigate different pooling strategies, feature interaction mechanisms, and bi-directional processing. Our analysis shows that interpreting features as a sequence and passing them through Mamba layers results in surprisingly performant models.