The AIOps platform market is projected to expand significantly, with an estimated value of US$ 80.2 billion by the year 2032. This growth is expected to occur at an average annual rate of approximately 25.4% from 2022 to 2032. In simpler terms, businesses and organizations are increasingly adopting AIOps platforms to improve their operations, and this market is set to experience substantial growth over the next decade.

In recent times, AIOps platforms have become increasingly popular. Over the past year, many businesses have been using these platforms to improve various aspects of their IT operations management.

Across all industries, there’s a strong emphasis on enhancing digital capabilities, fostering collaboration, and increasing agility within companies. This means that enterprise IT operations and IT service management need to evolve to keep up with the demands of digital transformation and gain a competitive advantage.

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AIOps, which stands for Artificial Intelligence for IT Operations, is like the next step in improving how we manage IT systems. It uses smart computer programs to help IT teams work better. These programs use things like artificial intelligence, big data analysis, and machine learning to do several important things:

  • Spotting Problems Early: AIOps helps find issues in the IT system before they become big problems.
  • Predicting Future Issues: It can even predict problems that might happen in the future, so you can fix them before they happen.
  • Cutting Through the Noise: AIOps can sort through a lot of information and quickly figure out where a problem is coming from.
  • Understanding the Impact: It can tell you how a problem might affect your IT system and your business.
  • Suggesting Solutions: AIOps can recommend what you should do to fix the problem, and in some cases, it can even do those fixes automatically.

Key Takeaways from AIOps Platform Market Report:

  • By solution, the AIOps platform segment accounts for the highest market share of around 61.2% for AIOps platform market in the year 2021. However, the services segment is estimated to grow at a robust CAGR of 26.2% through 2032.
  • By application, the real-time analytics segment had the highest market share of around 39.9% in the AIOps platform market in 2021.
  • By vertical, the IT & telecom is predicted to grow at a CAGR of around 28.5% between 2022 & 2032.
  • By region, North America had the largest market share of around 35.6% in AIOps platform market in 2021, whereas the South Asia & Pacific region is showing the highest growth of around 29.6% CAGR during the forecast period.

“Big data, machine learning, and other cutting-edge analytics technologies are used by AIOps platform to improve IT operations (monitoring, automation, and service desk) tasks in both direct and indirect ways with proactive, customized insight. AIOps platform make it possible to use numerous data sources, data gathering techniques, analytical (deep and real-time) technologies, and presentation technologies all at once.”– says FMI analyst.

More Valuable Insights on AIOps Platform Market:

Future Market Insight’s report on AIOps platform market industry research is segmented into four major sections – solution (AIOps platform, and services (implementation services, license & maintenance services, training & education services, others), application (real-time analytics, application performance management, infrastructure management, others), vertical (BFSI, healthcare & life sciences, retail & consumer goods, IT & telecom and others), and region (North America, Latin America, Europe, East Asia, South Asia & Pacific, and The Middle East & Africa), to help readers understand and evaluate lucrative opportunities in the AIOps platform demand outlook.

Leading Key Players in the AIOps Platform Market:

  • Moogsoft
  • IBM
  • Micro Focus
  • Vmware
  • HCL Technologies Limited
  • BMC Software
  • Broadcom
  • ProphetStor Data Services, Inc.
  • Splunk Inc.
  • Dynatrace
  • CA Technologies
  • Big Panda Inc

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AIOps Platform Market Segmentation:

By Solution:

  • AIOps Platform
  • Services
    • Implementation Services
    • License & Maintenance Services
    • Training & Education Services
    • Others

By Application:

  • Real-Time Analytics
  • Application Performance Management
  • Infrastructure Management
  • Others

By Vertical:

  • BFSI
  • Healthcare & Life Sciences
  • Retail & Consumer Goods
  • IT & Telecom
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • Middle East and Africa (MEA)

About Future Market Insights (FMI):

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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