August 21, 2020

AIOps Platform Market Segmented by Product, Top Manufacturers, Geography Trends & Forecasts to 2027

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

Market Drivers:

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.

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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.

Market Challenges:

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.

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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.

List of the leading companies operating in the AIOps Platform Market include:

  • IBM Corporation (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • Splunk Inc
  • CA Technologies
  • Broadcom
  • VMware, Inc
  • Micro Focus
  • HCL Technologies Ltd
  • AppDynamics
  • 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

  • Cloud
  • On-premises

AIOps Platform Market, by Solution

  • Application Performance Management
  • Networks
  • Digital Business Automation

AIOps Platform Market, by Service

  • Managed Services
  • Education Services
  • Consultancy

AIOps Platform Market, by Component

  • Data collection
  • Data analytics
  • Machine Learning
  • Artificial Intelligence (AI)

AIOps Platform Market, by Application

  • Prediction
  • Alarm management
  • Intelligent remediation
  • Anomaly detection
  • Causal analysis
  • Real-Time Analytics

AIOps Platform Market, by End-Users

  • Banking, Financial Services, and Insurance
  • Government
  • Manufacturing
  • Media and Entertainment
  • Retail and Consumer Goods
  • Others

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Aiops Platform Market by Region

  • Asia-Pacific (China, Japan, South Korea, India, Taiwan, Rest of Asia-Pacific)
  • North America (US, Canada, Mexico)
  • Europe (Germany, Russia, France, Italy, UK, Spain, The Netherlands, Rest of Europe)
  • Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East & Africa)
  • South America (Brazil, Argentina, 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?

Table of Content

  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)
  8. AIOps PLATFORM MARKET BY SERVICES, Market Size in USD Million (2018—2025)
  9. AIOps PLATFORM MARKET BY COMPONENT, Market Size in USD Million (2018—2025)
  10. AIOps PLATFORM MARKET BY APPLICATION, Market Size in USD Million (2018—2025)
  11. AIOps PLATFORM MARKET BY END-USER, Market Size in USD Million (2018—2025)
  12. AIOps PLATFORM MARKET BY REGION, Market Size in USD Million (2018—2025)

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About Forencis Research

Forencis Research is a B2B market research, intelligence and advisory firm engaging in market research and consulting services across leading industries, globally. Our robust and meticulous research team provides high growth and niche syndicated reports, customized reports and consulting reports to the diverse global fortune clientele and intellectual institutions. Forencis Research database is a constantly evolving pool of reports and white paper studies which helps companies to foster accelerated revenue growth in global and regional markets. Forencis Research delivers market research and consulting reports on high growth markets to help companies dominate their competition and set themselves apart by attaining increased revenue growth. To enable exclusive insights around the target market, Forencis Research employs robust research Methodology & Design which includes data acquisition, data synthesis and data correlation, through Primary and Secondary Research. Through the obtained data, Top-down and bottom-up methods are exercised to attain and verify data sanity within the entire market. This market data is yet again correlated with Forencis Research’s internal database before presenting it in any of our final publications. These methods of data correlation and amalgamation benefit us to put forward accurate market estimates enabling our clients to transform their business, markets and most importantly their “REVENUES”.

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