The Global AIOps Platform Market is estimated to reach USD 11.07 Billion by 2025 at a CAGR of 32%, observes forencis research (FSR).
AIOps (Artificial intelligence for IT operations) platforms are software systems that combine big data, artificial intelligence and machine learning to enhance IT operations. However, with the use of AIOps, the desired need of the customer which is continuous insights to yield continuous improvements through automation is fulfilled. These platforms enable the use of multiple sources of data, data collection methods, and analytical and presentation technologies. To use these technologies, AIOps platforms contain multiple layers that address different functionalities, such as analytical tools, visualization, data collection and storage, and integrations with other applications and services.
Market Drivers:
Increasing adoption for the cloud service platform boosts the growth of the Artificial intelligence for IT operations (AIOps) platform market. Cloud-based AI platform is used for storage management and to enhance the ability of customer services and performance. However, many enterprises have already adopted Cloud-based technologies to work more efficiently and to increase performance. This technology allows the organization to use intelligent software automation.
Hence, the increasing adoption of cloud platform is expected to surge the AIOps Platform market during the forecast period.
Increasing data retention requirements are excepted to grow as the performance and monitoring data are growing at an exponential rate. Furthermore, the growing number of APIs, IoT devices, mobile applications, and digital users are driving the service. However, AIOps uses this data to monitor assets and gain visibility into dependencies. Also, protection and retention are important aspects of AIOps that diversify the availability of data sources as well as proper data storage.
Therefore, the increasing demand of artificial intelligence in IT operations is expected to drive the AIOps Platform market during the forecast period.
Market Challenges:
With the ongoing changes in information technology operations (ITOps) of the emerging technologies, impact the performance of the operation platforms. However, AIOps impacts the profile allocation of ITOps employees as the new emerging technologies are combined with general workload.
Hence, the increasing changes in the IT operations platform hinder the growth of the AIOps platform.
The report on the AIOps platform market covers a deep dive analysis of historic, recent and current market trends. furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
Report Features |
Specifics |
---|---|
Historical/Estimated/Forecasted Market Size Years |
2018-2025 |
Base Year for Market Calculation |
2019 |
Forecasted Period |
2020-2025 (2020 estimated year, forecasted up to 2025) |
Measured Units |
Value (USD Million) |
Segments Included |
Deployment mode, Solution, Services, Component, Application, End-User and Region |
Regional Coverage |
Asia-Pacific, North America, Europe, Middle East & Africa, and South America |
For the scope of report, In-depth segmentation is offered by Forencis Research
AIOps Platform Market, by Deployment Mode
AIOps Platform Market, by Solution
AIOps Platform Market, by Service
AIOps Platform Market, by Component
AIOps Platform Market, by Application
AIOps Platform Market, by End-Users
AIOps Platform Market, by Region
1 INTRODUCTION
1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.4 Regional Coverage
1.5 Research Timeline
1.6 Assumptions
1.7 Limitations
2 RESEARCH DESIGN & SCOPE
2.1 Introduction
2.2 Primary Research
2.2.1 Key Industry Expert Insight
2.3 Secondary Research
2.3.1 Vital Data from Secondary Sources
2.4 Market Size Estimation
2.5 Data Validation & Triangulation
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Introduction
4.2 Drivers
4.2.1. Increasing Data Retention Requirements
4.2.2. Increasing Adoption for Cloud Platform
4.3 Restraints
4.3.1. Difficulty on Building Machine Learning Models
4.4 Opportunities
4.4.1 Rising Need for Holistic 360 Degree Visibility
4.5 Challenges
4.5.1 Increasing Changes in IT Operations Platform
5 INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
5.1 Introduction
5.1.1. Power of Buyers
5.1.2. Power of Suppliers
5.1.3. Intensity of Competition
5.1.4. Challenges of Substitutes
5.1.5. Challenges of New Entrants
5.2 Macro-Economic Indicators
5.3 Technological Trends
5.3.1 Big Data Analytics
5.3.2 Machine Learning
6 AIOps PLATFORM MARKET BY DEPLOYMENT MODE, Market Size in USD Million (2018—2025)
6.1 Introduction
6.2 Cloud
6.3 On-premises
7 AIOps PLATFORM MARKET BY SOLUTION, Market Size in USD Million (2018—2025)
7.1 Introduction
7.2 Application Performance Management
7.3 Networks
7.4 Digital Business Automation
8 AIOps PLATFORM MARKET BY SERVICES, Market Size in USD Million (2018—2025)
8.1 Introduction
8.2 Managed Services
8.3 Education Services
8.4 Consultancy
9 AIOps PLATFORM MARKET BY COMPONENT, Market Size in USD Million (2018—2025)
9.1 Introduction
9.2 Data collection
9.3 Data analytics
9.4 Machine Learning
9.5 Artificial Intelligence (AI)
10 AIOps PLATFORM MARKET BY APPLICATION, Market Size in USD Million (2018—2025)
10.1 Introduction
10.2 Prediction
10.3 Alarm management
10.4 Intelligent remediation
10.5 Anomaly detection
10.6 Causal analysis
10.7 Real-Time Analytics
11 AIOps PLATFORM MARKET BY END-USER, Market Size in USD Million (2018—2025)
11.1 Introduction
11.2 Banking, Financial Services, and Insurance
11.3 Government
11.4 Manufacturing
11.5 Media and Entertainment
11.6 Retail and Consumer Goods
11.7 Others
12 AIOps PLATFORM MARKET BY REGION, Market Size in USD Million (2018—2025)
12.1 North America
8.1.1. US
8.1.2. Canada
8.1.3. Mexico
12.2 Europe
8.2.1. Germany
8.2.2. France
8.2.3. Italy
8.2.4. UK
8.2.5. Spain
8.2.6. The Netherlands
8.2.7. Rest of Europe
12.3 Asia-Pacific
8.3.1. China
8.3.2. Japan
8.3.3. India
8.3.4. South Korea
8.3.5. Taiwan
8.3.6. Rest of Asia-Pacific
12.4 Middle East & Africa
8.4.1. Saudi Arabia
8.4.2. UAE
8.4.3. Rest of Middle East & Africa
12.5 South America
8.5.1. Brazil
8.5.2. Argentina
8.5.3. Rest of South America
13 COMPETITIVE LANDSCAPE
13.1 Introduction
13.2 Market Ranking/Share Analysis of Key Companies
13.3 Company Benchmarking
14 COMPANY PROFILES
14.1 IBM Corporation
14.1.1 Company Overview
14.1.2 Financial Overview
14.1.3 Products/Solutions/Services Offered
14.1.4 Key Developments
14.1.5 SWOT Analysis
14.2 Splunk Inc
14.3 CA Technologies
14.4 Broadcom
14.5 VMware, Inc.
14.6 Micro Focus
14.7 HCL Technologies Ltd
14.8 AppDynamics
14.9 BMC Software, Inc.
14.10 Micro Focus International plc
14.11 Other Key Companies
15 APPENDIX
15.1 Key Industry Expert Insights
15.2 Primary Discussion Guide
15.3 Customization Options
Note1: Tentative table of contents, may get updated during the course of research.
Note2: Company financial information is subject to availability in public domain