Global Artificial intelligence for IT operations platform (AIOps) Market Size study, by Offering (Platform, Service) by Application (Infrastructure Management, Application Performance Analysis, Real-Time Analytics, Network & Security Management, Others),

Global Artificial intelligence for IT operations platform (AIOps) Market Size study, by Offering (Platform, Service) by Application (Infrastructure Management, Application Performance Analysis, Real-Time Analytics, Network & Security Management, Others), by Deployment Mode (Cloud, On-Premises), by Organization size (SMEs, Large Enterprises), By End Use Industry (BFSI, Healthcare & Life Sciences, Retail & E-commerce, IT & Telecom, Energy & Utilities, Government & Public Sector, Media & Entertainment, Others) and Regional Forecasts 2022-2028

Global Artificial intelligence for the IT operations platform Market is valued at approximately USD 7.1 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 17.7% over the forecast period 2022-2028. AIOps can be defined as the application of AI, and related technologies, such as machine learning and Natural Language Processing (NLP) to automate the traditional IT Ops activities and tasks. AIOps platform is used across different industries to automate several functions such as management of big data, Performance analysis, Anomaly detection, Event correlation and analysis as well as IT service management among others. The increasing cloud-based infrastructure in the IT sector and rising demand for AI-based Applications as well as strategic initiatives from leading market players are key factors accelerating the growth of the Market. For instance, according to Statista, the AI software market is estimated to reach a target of 126 billion USD by 2025. And as per sources, 37% of organizations have already implemented AI in some or other form. the need for employees for AI has also grown by over 270% in last the 4 years i.e., 2018-2022. Moreover, leading market players are coming up with new products to leverage the growing adoption of the AIOps Platform. For instance, in Dec 2021, Newbury, UK based Micro Focus launched its new Operations Bridge – SaaS AIOps platform. This new platform is intended for IT organizations. Also, increasing investment in AI from various industries and rising integration of IT operations with AI would create lucrative growth opportunities for the Market during the forecast period. However, rising concern over data security and privacy impedes the market growth throughout the forecast period of 2022-2028.

The key regions considered for the Global Artificial intelligence for IT operations platform Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region in terms of market share, owing to the factors such as consumer application AI-based investing advice is becoming more popular to improve investment decisions and the presence of multiple AIOps platform vendors in North America. The Asia Pacific is expected to grow significantly during the forecast period, owing to the rapid acclimatization of AIOps platforms. Moreover, the large data volume presence has created a way to make the Asia Pacific region adopt AI-based solutions and services such as business/data analytics.

Major market players included in this report are:
AppDynamics
BMC Software, Inc.
Broadcom
HCL Technologies Limited
International Business Machines Corporation
Micro Focus
Moogsoft
ProphetStor Data Services, Inc.
Resolve Systems
Splunk Inc.
The objective of the study is to define the market sizes of different segments & countries in recent years and to forecast the values for the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with a detailed analysis of the competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:
By Offering:
Service
Platform
By Application:
Application Performance Analysis
Infrastructure Management
Real-Time Analytics
Network & Security Management
Others
By Deployment Mode:
On-premises
Cloud
By Organization Size:
Large Enterprises
SMEs
By End Use Industry:
Healthcare & Life Sciences
BFSI
Retail & E-commerce
IT & Telecom
Energy & Utilities
Government & Public Sector
Media & Entertainment
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Artificial intelligence for IT operations platform Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

AppDynamics
BMC Software, Inc.
Broadcom
HCL Technologies Limited
International Business Machines Corporation
Micro Focus
Moogsoft
ProphetStor Data Services, Inc.
Resolve Systems
Splunk Inc.

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.