Press release
AIops Platform Market 2021 : Unlock Future Growing Business Opportunities and Research Forecast 2021-2027
AIops Platform Market 2021Artificial Intelligence for IT Operations (AIOps) is a multidisciplinary technology platform that enhances IT performance through learning tools and analytics to analyze large data collected from various IT tools and tasks to solve real-time problems. The increasing adoption of a cloud platform from a variety of different vertical organizations such as banking, e-commerce, healthcare, etc. accelerated the need for the AIOps platform. According to a Coherent Market Insights analysis, in 2016, 86% of the work was done by cloud data centers, and only 14% were processed by standard data centers. In addition, in 2016, global cloud data traffic generated 6.0 ZB data, annually and is expected to reach 19.5 ZB data, annually by 2021.
The market size of the AIOps platform is expected to grow from USD 1.73 billion in 2017 to USD 11.02 billion by 2023, at the Compound Annual Growth Rate (CAGR) of 34.0% at the time of forecasting.
For example, according to the corresponding Market Insights analysis on label challenge, machine learning accuracy was 72% in 2010 and reached 96% in 2015. The ability of machines to process large amounts of data and to use data prediction has made Learning Machines a key tool in various applications such as BFSI, health care, and more. Therefore, the high adoption of Machine learning is expected to stimulate the growth of the AIOps platform market.
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Major players working in the global AIops Platform Market include :International Business Machines Corporation, Splunk Inc., CA Technologies, VMware, Inc, Micro Focus International plc, HCL Technologies Limited, AppDynamics, BMC Software, Inc., Moogsoft, and FixStream Network Inc.
Key Points for Geographical Analysis:
Details and data related to usage level in each region
Moderate increase in consumption rate
Expected growth rate of regional markets
Forward growth of market share in each region
Geographical contribution to market capitalization
The report answers questions such as:
1. What is the market size and forecast of the Global AIops Platform Market?
2. What factors hinder the impact of COVID-19 in shaping the Global AIops Platform Market during the forecast period?
3. What products / components / applications / areas should you invest in the forecast period in the Global AIops Platform Market?
4. What is the competitive window for opportunities in the Global AIops Platform Market?
5. What are the technical and regulatory trends in the Global AIops Platform Market?
6. What is the market share of the leading retailers in the Global AIops Platform Market?
7. What methods and strategies are considered appropriate to enter the Global AIops Platform Market?
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