Press release
Artificial Intelligence For Information Technology Operations (AIOps) For Telecom Operations: Burgeoning Market Sparks Major CAGR Increase
Artificial Intelligence For Information Technology Operations AIOps For Telecom Operations Market Forecast
What Is The Projected Market Size Of The AIOps For Telecom Operations Global Market And Its Growth Rate?
Key statistics of the AIOps for Telecom Operations market:
• Market size in 2024: $0.86 billion
• Market size in 2025: $1.26 billion (CAGR: 46.6%)
• Expected market size in 2029: $5.76 billion (CAGR: 46.2%)
These metrics highlight the high potential for substantial growth in this market, driven by factors such as increasing network availability, operational efficiency, the rise in cloud platforms amongst telecom companies, and the integration of machine learning solutions.
What Is Driving The Growth In The AIOps For Telecom Operations Global Market?
Increasing network availability is a major driving force behind growth in the AIOps for telecom operations market. Network availability, the uptime of a network system over a measured period, is vital for maintaining business continuity and digital services. The rising demand for uninterrupted connectivity prompts a need for AIOps solutions that can predict and mitigate future problems by assessing vast data volumes from network devices, logs, and metrics in real-time. Consumers' adoption of 5G services, for example, surged to 61% in 2022 from 43% in 2021, as reported by the Mobile World Live. This adoption rate indicates a higher demand for network availability, bolstering the growth of the AIOps for telecom operations market.
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Who Are the Key Players Driving AIOps For Telecom Operations Global Market Innovations?
Major companies in the AIOps for Telecom Operations market include but are not limited to:
• Amazon.com Inc.
• International Business Machines Corporation (IBM)
• Cisco Systems Inc.
• Broadcom SA
• Devo Technology Inc.
• VMware Inc.
• HCL Technologies Limited
• Micro Focus International Limited
• Splunk Inc.
• BMC Software Inc.
What Are The Key Trends In The AIOps For Telecom Operations Global Market Report?
Key trends in the forecast period include:
• Integration of machine learning and artificial intelligence (AI)
• Development of image recognition systems
• Rapid deployment of 5G technology
• Advanced machine learning models
• Integration of edge computing
What Are The Segments Of The AIOps For Telecom Operations Global Market Report?
The AIOps for Telecom Operations market is segmented on the basis of -
• Offering: Platform, Service
• Deployment Model: On-Premise, Cloud
• Application: Infrastructure Management, Application Performance Analysis, Real-Time Analytics, Network And Security Management, Other Applications
Which Region Leads The AIOps For Telecom Operations Global Market Report 2025?
North America was the largest region in the AIOps for telecom operations market in 2024. The report covers multiple regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The AIOps For Telecom Operations Global Market Report?
- Market Size Analysis: Analyze the AIOps For Telecom Operations Global Market Report by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the AIOps For Telecom Operations Global Market Report for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall AIOps For Telecom Operations Global Market growth.
- Growth Drivers: Detail key factors influencing market growth, opportunities, and drivers.
- Industry Challenges: Analyze challenges and risks affecting the AIOps For Telecom Operations Global Market.
- Competitive Developments: Analyze competitive developments, expansions, agreements, and new product launches in the market.
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