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Artificial Intelligence (AI) For IT Operations Platform Market is expected to witness 18.7% CAGR between 2021-2031 | Global Industry Size, Share, Growth, Key Companies Trends & Forecast
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The AI or Artificial Intelligence for IT Operations or AIOps platform contextualizes and correlates data across various customers, applications, infrastructure, and network services. The platform applies to machine learning, advanced analytics, and automation to provide an advanced level of visibility and data-driven recommendations. However, the advanced use of the AIOps platform and digital experience monitoring tools among large enterprises for application monitoring and infrastructure is expected to drive the market growth over the forecast period. In addition to this, these platforms enable optimizing expenditure, modeling and predicting workload capacity requirements, and resource usage. Hence, resource optimization also acts as an opportunity for the market to grow during the forecast period.
However, in this current pandemic of COVID-19, the Artificial Intelligence (AI) For IT Operations Platform market was affected much. The COVID-19 outbreak is expected to drive the market growth of next-generation tech domains, including AI, owing to the mandated WFH or work-from-home policy. Additionally, tech companies are expanding their product and service portfolios to increase availability across the globe. Apart from that, the rising of the IT Operations Platform sector across the world is anticipated to offer a massive opportunity for market growth in the next forecast period of 2021 to 2031.
Geographically, The Artificial Intelligence (AI) For IT Operations Platform Market is divided into global regions like North America, Europe, Asia- Pacific, Latin America, Middle East, and Africa.
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The report covers a detailed outlook about the company, and it includes the company or industry profiles and market share of key players operating in the global market. Key players in the report include AppDynamics, BMC Software, Inc., Broadcom, HCL Technologies Limited, International Business Machines Corporation, Micro Focus, Moogsoft, ProphetStor Data Services, Inc., Resolve Systems, Splunk Inc., VMware, Inc., IBM, CA Technologies, FixStream, and Correlsense among others.
The Global Artificial Intelligence (AI) For IT Operations Platform Market Has Been Segmented into:
By Offering Outlook Type
• Platform
• Service
By Application Type
• Infrastructure Management
• Application Performance Analysis
• Real-Time Analytics
• Network & Security Management
• Others
By Deployment Mode Type
• Cloud
• On-Premises
By Vertical Type
• BFSI
• Healthcare & Life Sciences
• Retail & E-Commerce
• IT & Telecom
• Energy & Utilities
• Government & Public Sector
• Media & Entertainment
• Others
By Region
• North America
o USA
o Canada
o Mexico
o Rest of North America
• Europe
o UK
o Germany
o France
o Spain
o Italy
o Russia
o Rest of Europe
• Asia Pacific
o India
o China
o Japan
o South Korea
o Rest of Asia Pacific
• Latin America, Middle East & Africa
o Brazil
o South Africa
o UAE
o Rest of LAMEA
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