The Worldwide Artificial Intelligence for IT Operations (AIOps) Platform Market is Projected to reach USD 19.5 Billion by 2027, at a CAGR of 21%

Published Date: 18-Nov-2021

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Artificial Intelligence for IT Operations (AIOps) Platform Market Growth, Trends and Report Highlights

According to a new report Global Artificial Intelligence for IT Operations (AIOps) Platform Market, published by KBV research, The Global Artificial Intelligence for IT Operations (AIOps) Platform Market size is expected to reach $19.5 billion by 2027, rising at a market growth of 21% CAGR during the forecast period.

In 2020, the platform segment acquired the maximum revenue share of artificial intelligence for the IT operations platform market. The vendors of this platform offer responsive, modern, and reliable platform experience for several business companies to remain competitive in the market. In addition, this platform provides various business benefits like faster digital transformation, cohesive agility, efficient data processing, and better decision-making.

The infrastructure management segment would exhibit a prominent growth rate in the artificial intelligence for the IT operations platform market during the forecasting years. The high demand for artificial intelligence across heavy IT infrastructure workloads is boosting the growth of the segment. For example, in 2020, International Business Machines Corporation unveiled IBM Watson AIOps, a large variety of latest AI-powered capabilities and services for company automation. These services are developed to facilitate automation in IT infrastructures and make them stronger.

In 2020, North America emerged as the leading region in the artificial intelligence for IT operations platform market. In the US, AI-based investment advisory consumer applications have become popular as they assist in enhancing investment decisions. Additionally, the presence of various AIOps platform providers across the region is driving the growth of the regional market. Moreover, various companies like tech start-ups & giants are designing AIOps platforms for various verticals.

Full Report: https://www.kbvresearch.com/aiops-platform-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of IBM Corporation, Micro Focus International PLC, Dell Technologies, Inc. (VMware, Inc.), Broadcom, Inc., BMC Software, Inc. (KKR & Co., Inc.), AppDynamics (Cisco Systems, Inc.), HCL Technologies Ltd. (HCL Enterprises), Splunk, Inc., Moogsoft, and Resolve Systems, LLC (Insight Partners).

Global Artificial Intelligence for IT Operations (AIOps) Platform Market Segmentation

By Component

  • Platform (Without Services)
  • Services

By Application

  • Real-Time Analytics
  • Application Performance Analysis
  • Infrastructure Management
  • Network & Security Management
  • Others

By Deployment Type

  • On-premise
  • Cloud

By Enterprise Size

  • Large Enterprises
  • Small & Medium Enterprises

By End User

  • BFSI
  • Retail & eCommerce
  • Energy & Utilities
  • Healthcare & Life Sciences
  • Government & Public Sector
  • Telecom & IT
  • Others

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

Companies Profiled

  • IBM Corporation
  • Micro Focus International PLC
  • Dell Technologies, Inc. (VMware, Inc.)
  • Broadcom, Inc.
  • BMC Software, Inc. (KKR & Co., Inc.)
  • AppDynamics (Cisco Systems, Inc.)
  • HCL Technologies Ltd. (HCL Enterprises)
  • Splunk, Inc.
  • Moogsoft
  • Resolve Systems, LLC (Insight Partners)

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Related Reports:

North America Artificial Intelligence for IT Operations (AIOps) Platform Market, Future Scope & Opportunities 2021-2027

Europe Artificial Intelligence for IT Operations (AIOps) Platform Market, Size & Growth Forecast 2021-2027

Asia Pacific Artificial Intelligence for IT Operations (AIOps) Platform Market, Size, Share & Industry Outlook to 2027

LAMEA Artificial Intelligence for IT Operations (AIOps) Platform Market, Growth, Trends and Forecasts 2021-2027

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