Press release
AIOps Platform Market Trends, Growth Factors, Size, Segmentation and Forecast to 2030
AIOps Platform Market
AIOps Platform Market Overview:
The global AIOps Platform Market, currently valued at $13.56 billion in 2023, is on a robust growth trajectory and is projected to reach $26.87 billion by 2030, marking a compound annual growth rate (CAGR) of 12.72%. This rapid expansion reflects the escalating demand for intelligent, automated IT operations solutions.
In an era where IT infrastructures are becoming increasingly intricate, blending physical, virtual, and cloud environments, the need for advanced management solutions has never been more critical. Modern IT operations, driven by DevOps and Agile methodologies, produce a vast and varied volume of data, making it challenging for organizations to extract actionable insights. This is where AIOps platforms come into play. AIOps, a term coined by Gartner, refers to the use of artificial intelligence (AI) and machine learning (ML) to automate and optimize IT operations. These platforms analyze enormous amounts of IT telemetry data from various sources, providing continuous insights into business service performance through real-time algorithmic applications.
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AIOps Platform Market Scope and Methodology:
This report aims to deliver a thorough understanding of the AIOps Platform market, emphasizing market-centric strategies. It identifies key trends, growth drivers, challenges, and potential opportunities. Data is collected through both primary and secondary research methods. Primary data is gathered from interviews and surveys with key industry stakeholders such as manufacturers, suppliers, distributors, customers, and experts. Secondary data is sourced from industry reports, market analyses, corporate websites, annual reports, trade journals, government publications, and databases.
The report offers a detailed analysis of the business strategies of top companies, including partnerships, mergers, acquisitions, and collaborations. A SWOT analysis evaluates the market position of these companies, highlighting strengths, weaknesses, opportunities, and threats. The AIOps Platform market is examined using feasibility studies, investment return analyses, and Porter's Five Forces framework. Global and regional AIOps Platform market sizes are calculated using a bottom-up approach.
AIOps Platform Market Regional Insights:
The Regional Analysis section offers an overview of the current state of the AIOps Platform market in each participating country. Local perspectives are vital due to the complex nature of the AIOps Platform industry. The market is divided into North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa. Each region's market size, growth rate, import and export details, and other specifics are examined in detail.
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Market Segmentation:
Discover how the AIOps Platform market is segmented and gain insights into each segment's performance and growth potential.
by Service
Professional Services
Implementation service
License and maintenance service
Training and education service
Consulting service
Managed services
Managed Network Services
Managed Cloud Services
Managed Security Services
Managed Automation Services
by Component
On-premises
Cloud
by Application
Real-time analytics
Infrastructure management
Network and security management
Application performance management
Others
by Deployment
On-premises
Cloud
by Vertical
BFSI
Healthcare and Life Sciences
Retail and Consumer Goods
Telecom and IT
Manufacturing
Government
Media and Entertainment
Others (Education, Automotive, Transport and Logistics, and Energy and Utilities)
Based on applications. Managed Services now dominates the Applications area of the AIOps Platform Market. The increasing complexity of AIOps deployments, particularly in hybrid and complex IT settings, is driving the segment's growth. Managed services provide continuous knowledge, support, and automation capabilities, helping enterprises overcome the obstacles of establishing and managing AIOps platforms. Furthermore, outsourcing to managed services is cost-effective, speeds up results, and ensures efficient AIOps utilization, making it the preferred option for enterprises seeking complete and experienced support in navigating the complexities of AIOps installations.
Market Key Players:
Identify the leading companies and their portfolios in the AIOps Platform market.
1. IBM (United States)
2. Microsoft (United States)
3. BMC Software (United States)
4. Cisco (United States)
5. Splunk (United States)
6. Dynatrace (United States)
7. AppDynamics (United States)
8. Datadog (United States)
9. New Relic (United States)
10. Sumo Logic (United States)
11. Turbonomic (United States)
12. OpsRamp (United States)
13. VictorOps (United States)
14. PagerDuty (United States)
15. Alert Logic (United States)
16. LogicMonitor (United States)
17. Instana (United States)
18. Lightstep (United States)
19. Honeycomb (United States)
20. UiPath (United States)
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Key questions answered in the AIOps Platform Market include:
• Who are the leading companies and what are their portfolios in the AIOps Platform Market?
• What segments are covered in the AIOps Platform Market?
• Who are the key players in the AIOps Platform market?
• Which application holds the highest potential in the AIOps Platform market?
• What are the key challenges and opportunities in the AIOps Platform market?
• What is AIOps Platform?
• What was the AIOps Platform market size in 2023?
• What will be the CAGR at which the AIOps Platform market will grow?
• What is the growth rate of the AIOps Platform Market?
• Which factors are expected to drive the AIOps Platform market growth?
• What are the different segments of the AIOps Platform Market?
• What growth strategies are players considering to increase their presence in AIOps Platform?
• What are the upcoming industry applications and trends for the AIOps Platform Market?
• What recent industry trends can be implemented to generate additional revenue streams for the AIOps Platform Market?
Key Offerings:
• Historical Market Size and Competitive Landscape (2018 to 2022)
• Historical Pricing and Price Trends by Region (2018 to 2022)
• Market Size, Share, and Forecast by Different Segments (2024-2030)
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Market Segmentation - Detailed Analysis by Segment and Sub-Segment by Region
• Competitive Landscape - Profiles of Key Players by Region from a Strategic Perspective
• Competitive Landscape - Market Leaders, Market Followers, Regional Players
• Competitive Benchmarking of Key Players by Region
• PESTLE Analysis
• PORTER's Analysis
• Value Chain and Supply Chain Analysis
• Legal Aspects of Business by Region
• Lucrative Business Opportunities with SWOT Analysis
• Recommendations
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