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Major Growth Driver Identified in 2025 Artificial Intelligence For IT Operations Platform Market: The Surge Of Cloud-Based Infrastructure Drives Artificial Intelligence For IT operations Platform Market
Artificial Intelligence For IT Operations Platform Market
Artificial Intelligence For IT Operations Platform Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size for the artificial intelligence for IT operations platform has witnessed exponential growth in the past few years. The market is predicted to expand from $14.81 billion in 2024 to $18.07 billion in 2025, reflecting a compound annual growth rate (CAGR) of 22.0%. The past growth can be traced back to the escalating complexity of IT infrastructure, burgeoning data volumes, the requirement for immediate insights, and the pursuit of cost-effectiveness.
Artificial Intelligence For IT Operations Platform Market Size Forecast: What's the Projected Valuation by 2029?
In the coming years, the market for AI operations platforms is projected to undergo a robust increase with its market size surging to $40.68 billion by 2029, escalating at a CAGR of 22.5%. This anticipated growth over the forecast period is due to factors such as the adoption of machine learning algorithms, a convergence with DevOps practices, an increased focus on predictive analytics, the rise of autonomous IT operations, and an expansion of edge computing. The future trend predictions within this period encompass hybrid and multi-cloud management, the utilization of AIOps for cybersecurity, the integration of AI with IT service management (ITSM), a shift towards event correlation and root cause analysis, and the advent of explainable AI for transparency and compliance.
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What Are the Drivers Transforming the Artificial Intelligence For IT Operations Platform Market?
The exponential embracement of cloud-based infrastructure within the IT industry is anticipated to fuel the rise of the artificial intelligence for IT operations platform market in the future. The term "cloud-based infrastructure" pertains to computing resources such as servers and storage that are delivered and managed over the internet via cloud services. Such platforms amplify artificial intelligence for IT operations (AIOps) through providing scalable infrastructure, ensuring smooth data storage and offering real-time analytics for optimizing and automating IT operations. For example, the European Commission (EC), a Belgium-based executive arm of the European Union (EU), specified in December 2023 that cloud-based solution adoption increased by 4.2% during the year with 45.2% of businesses procuring cloud computing services. The information and communication sector had a 79% uptake, and 77.6% was recorded in large enterprises, representing a significant increase compared to 2021. Consequently, the speedy embracement of cloud-based infrastructure within the IT field is steering the growth of the artificial intelligence for IT operations platform market.
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What Long-Term Trends Will Define the Future of the Artificial Intelligence For IT Operations Platform Market?
Key players in the artificial intelligence for IT operations platform market are strategically focusing on launching AI platforms, including EY.AI, to secure a competitive advantage. AI platforms are comprehensive software solutions that leverage high-end data analytics, machine learning algorithms, and processing capabilities to facilitate AI applications and services in their development, deployment, and management stages. For instance, UK's law firm Ernst & Young, debuted EY.ai, an AI platform for IT operations, in September 2023 to aid businesses in transforming their IT operations using the strength of AI. The aim of the platform is to merge human skills with artificial intelligence to support EY clients in adopting AI responsibly and confidently for business transformation. EY.ai employs state-of-the-art EY tech platforms and AI skills, strengthened by a robust AI ecosystem, to enhance its vast expertise in areas such as strategy, transactions, transformation, risk, assurance, and tax.
Which Segments in the Artificial Intelligence For IT Operations Platform Market Offer the Most Profit Potential?
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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Which Firms Dominate the Artificial Intelligence For IT Operations Platform Market by Market Share and Revenue in 2025?
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
Which Regions Offer the Highest Growth Potential in the Artificial Intelligence For IT Operations Platform Market?
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.
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