AIOps Platform Market: Summary
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.
AIOps Platform Market: Drivers & Challenges
- Increasing Adoption for Cloud Platform
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
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.
- Increasing Changes in IT Operations Platform
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.
AIOps Platform Market: Key Segments
- Based on Deployment Mode: Cloud, and On-premises.
- By Solution: Application Performance Management, Networks, and Digital Business Automation.
- Based on Services: Managed Services, Education Services, and
- By Component: Data collection, Data analytics, Machine Learning and Artificial Intelligence (AI).
- Based on Application: Prediction, Alarm management, Intelligent remediation, Anomaly detection, Causal analysis, and Real-Time Analytics.
- Based on End-User: Banking, Financial Services, and Insurance, Government, Manufacturing, Media and Entertainment, Retail and Consumer Goods and
- Key Regions Covered: North America, South America, Europe, Asia-Pacific, Middle East & Africa and South America, with individual country-level analysis.
AIOps Platform Market: Report Scope
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.
Historical/Estimated/Forecasted Market Size Years
Base Year for Market Calculation
2020-2025 (2020 estimated year, forecasted up to 2025)
Value (USD Million)
Deployment mode, Solution, Services, Component, Application, End-User and Region
Asia-Pacific, North America, Europe, Middle East & Africa, and South America
Key Companies Covered
- IBM Corporation (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
- Splunk Inc
- CA Technologies
- VMware, Inc
- Micro Focus
- HCL Technologies Ltd
- BMC Software, Inc.
- Micro Focus International plc
- Other Key Companies
AiOps Platform Market: Report Segmentation
For the scope of report, In-depth segmentation is offered by Forencis Research
AIOps Platform Market, by Deployment Mode
AIOps Platform Market, by Solution
- Application Performance Management
- Digital Business Automation
AIOps Platform Market, by Service
- Managed Services
- Education Services
AIOps Platform Market, by Component
- Data collection
- Data analytics
- Machine Learning
- Artificial Intelligence (AI)
AIOps Platform Market, by Application
- Alarm management
- Intelligent remediation
- Anomaly detection
- Causal analysis
- Real-Time Analytics
AIOps Platform Market, by End-Users
- Banking, Financial Services, and Insurance
- Media and Entertainment
- Retail and Consumer Goods
AIOps Platform Market, by Region
- South Korea
- Rest of Asia-Pacific
- North America
- Rest of Europe
- Middle East & Africa
- Saudi Arabia
- Rest of Middle East & Africa
- South America
- Rest of South America
Key Questions answered by the report
- What are the leading developments impacting the global market and its growth?
- What will be the result of the developments in the global market in the industry and on the market players in the near and far future?
- What are the develop types of the global market?
- What are the emerging applications of the global market?
- What are the major characteristics that will influence the global market growth during the study period?
- Who are the key global players operating in the market?
- How are the major players leveraging in the actual global market conditions?
- AIOps Platform Market Providers
- AIOps Platform Market Solution and Services Suppliers, Distributors and Dealers
- End-Users of Varied Segments of AIOps Platform Market
- Government Bodies and Intellectual Institutions
- Associations and Industrial Organizations
- Research & Consulting Service Providers
- Research & Development Organizations
- Investment Banks & Private Equity Firms
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE AIOps PLATFORM MARKET STUDY
1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.4 Regional Coverage
1.5 Research Timeline
2 RESEARCH DESIGN & SCOPE
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
4.2.1. Increasing Data Retention Requirements
4.2.2. Increasing Adoption for Cloud Platform
4.3.1. Difficulty on Building Machine Learning Models
4.4.1 Rising Need for Holistic 360 Degree Visibility
4.5.1 Increasing Changes in IT Operations Platform
5 INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
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)
7 AIOps PLATFORM MARKET BY SOLUTION, Market Size in USD Million (2018—2025)
7.2 Application Performance Management
7.4 Digital Business Automation
8 AIOps PLATFORM MARKET BY SERVICES, Market Size in USD Million (2018—2025)
8.2 Managed Services
8.3 Education Services
9 AIOps PLATFORM MARKET BY COMPONENT, Market Size in USD Million (2018—2025)
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)
10.3 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)
11.2 Banking, Financial Services, and Insurance
11.5 Media and Entertainment
11.6 Retail and Consumer Goods
12 AIOps PLATFORM MARKET BY REGION, Market Size in USD Million (2018—2025)
12.1 North America
8.2.6. The Netherlands
8.2.7. Rest of Europe
8.3.4. South Korea
8.3.6. Rest of Asia-Pacific
12.4 Middle East & Africa
8.4.1. Saudi Arabia
8.4.3. Rest of Middle East & Africa
12.5 South America
8.5.3. Rest of South America
13 COMPETITIVE LANDSCAPE
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
14.5 VMware, Inc.
14.6 Micro Focus
14.7 HCL Technologies Ltd
14.9 BMC Software, Inc.
14.10 Micro Focus International plc
14.11 Other Key Companies
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
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY