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Artificial Intelligence For IT Operations Platform Industry Report 2025-2034: Market Dynamics, Trends, And Forecasts
The Artificial Intelligence For IT Operations Platform Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Expected Artificial Intelligence For IT Operations Platform Market Size During the Forecast Period?
The market size for the artificial intelligence for IT operations platform has seen a substantial increase in the recent past. The market, that was valued at $14.81 billion in 2024, is expected to reach $18.07 billion in 2025, recording a compound annual growth rate (CAGR) of 22.0%. The phenomenal growth observed in the historic phase can be credited to the growing intricacy of the IT infrastructure, burgeoning data volumes, a surge in demand for instantaneous insights, and an increasing emphasis on cost effectiveness.
In the coming years, the market size for artificial intelligence for IT operations platforms is predicted to surge exponentially. By 2029, it is projected to inflate to $40.68 billion with a compound annual growth rate (CAGR) of 22.5%. The anticipated growth during the forecast period can be associated with the adoption of machine learning algorithms, incorporation with DevOps practices, focus on predictive analytics, the emergence of autonomous IT operations, and the proliferation of edge computing. Noteworthy trends for the forecast period include the management of hybrid and multi-cloud, the emphasis on AIOps for cybersecurity, combining AI with IT service management (ITSM), shift to event correlation and root cause analysis, and the advent of explainable AI for transparency and compliance.
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What Are the High-Growth Segments in the Artificial Intelligence For IT Operations Platform Market?
The artificial intelligence for it operations platform market covered in this report is segmented -
1) By Type: Software, Service
2) By Technology: Natural Language Processing (NLP), Computer Vision, Machine Learning (ML), Context-Aware Computing
3) By Deployment Model: Cloud, On-Premises
4) By Organization Size: Small And Medium Enterprises (SMEs), Large Enterprises
5) By Application: IT Infrastructure, Application Performance Monitoring (APM), Real-Time Analytics, Network Security
Subsegments:
1) By Software: Cloud-Based AIOps Software, On-Premises AIOps Software
2) By Service: Professional Services, Managed Services
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What Key Drivers Are Expected to Influence Future Artificial Intelligence For IT Operations Platform Market Growth?
The expected surge in the artificial intelligence for IT operations (AIOps) platform market is due to the swift adoption of cloud-based infrastructure in the IT industry. This infrastructure entails computing resources like servers and storage, delivered and managed through internet-based cloud services. AIOps is enhanced by cloud-based platforms due to the scalable infrastructure they provide, enabling seamless data storage and real-time analytics that aid in optimizing and automating IT operations. For example, in December of 2023, the European Commission (EC), an executive body of the European Union based in Belgium, reported that the use of cloud-based solutions had risen by 4.2% in that year in the European Union; 45.2% of businesses purchased cloud computing services, with a notable increase observed within the information and communication sector (at 79%) and among large enterprises (at 77.6%), relative to 2021. As such, it is clear that the quickening pace of cloud-based infrastructure adoption in the IT industry is fuelling the growth of the AIOps platform market.
Which Companies Hold the Largest Share Across Different Artificial Intelligence For IT Operations Platform Market Segments?
Major companies operating in the artificial intelligence for IT operations platform market report are Amazon.com Inc., Apple Inc., Google (Alphabet Inc.), Microsoft Corporation, IBM Corporation, Broadcom Inc., VMware Inc., HCL Technologies Limited, ServiceNow Inc., Splunk Inc., BMC Software Inc., Micro Focus International plc, SS&C Blue Prism, Dynatrace Inc., Sumo Logic Inc., C3.ai Inc., DataRobot Inc., AppDynamics, Lily AI, Resolve Systems LLC, Big Panda Inc, FixStream Network Inc., ProphetStor Data Services Inc., OpenAI LP, Clarifai Inc., Sherpa.ai, Moogsoft Inc., H2O.ai, Nauto Inc
What Trends Are Driving Growth in The Artificial Intelligence For IT Operations Platform Market?
Major corporations in the artificial intelligence for IT operations platform market are honing their focus on developing AI platforms like EY.AI, with the goal of gaining an upper hand in the industry. These AI platforms are comprehensive software solutions which employ sophisticated processing capabilities, data analytics, and machine learning algorithms for the creation, deployment, and management of AI applications and services. For example, in September 2023, EY.ai was launched by Ernst & Young, a law firm based in the UK. This AI platform for IT operations was intended to utilize AI's strength to facilitate the transformation of organizations' IT operations. It is geared towards merging human capabilities with AI to help EY clients embrace AI for business transformation with confidence and responsibility. The high-end technology platforms and AI abilities of EY are used by EY.ai, in addition to a robust AI ecosystem, to complement its extensive expertise in areas like strategy, transactions, transformation, risk, assurance, and tax.
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What Are the Emerging Geographies for The Artificial Intelligence For IT Operations Platform Market Growth?
North America was the largest region in the artificial intelligence for IT operations platform market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the artificial intelligence for IT operations platform market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Artificial Intelligence For IT Operations Platform Market?
2. What is the CAGR expected in the Artificial Intelligence For IT Operations Platform Market?
3. What Are the Key Innovations Transforming the Artificial Intelligence For IT Operations Platform Industry?
4. Which Region Is Leading the Artificial Intelligence For IT Operations Platform Market?
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