The AIOps Market is projected to expand at a CAGR of +27% during the forecast period from 2019 to 2027.
The global AIOps market is gaining traction among various industries. It aid in procuring real time data by eliminating silos, better tracking and management, automated problem solving, and also helps in digital conversion. With evolving technology, voluminous data, customer demands, and process inefficiencies, AIOps solutions are better handling problems as compared to traditional solutions. The growing adoption of machine learning and data analysis to make sense out of existing internal management systems are further fueling the adoption of AIOps among various industries. However, lack of awareness could be one of the factors hindering the growth of the AIOps market over the forecast period.
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Top Key Players Covered in AIOps Market:
IBM, Splunk Inc., CA Technologies, VMware Inc, Micro Focus International plc, HCL Technologies Ltd, BMC Software Inc., Moogsoft Inc., Tech Mahindra Ltd, Correlsense Inc., OpsDataStore Inc, FixStream Networks Inc., ITRS Group Ltd, CloudfabriX Software Inc., and GAVS Technology
North America market is dominating global market for AI Ops, owing to its early adoption of big data and analytics companies in the United States and large number of AI vendors in the region, which would help consolidate the majority of revenues in the AIOps market. Additionally, the adoption of cloud technologies, in this region is also very high. Further, North America region is also the largest contributor to the global IT BFSI, IT and Telecom, and Media and Entertainment market, the major end users for AIOps market. The region also has the highest research projects on AI technologies. Increasing automation among industries is a key trend for the North American market, which shows a great scope for AIOps industry.
Reasons for purchasing this research report:
- It offers a comprehensive analysis of macroeconomic factors of the global market
- Detailed perceptions into ongoing technological advancements along with their effect on the global AIOps market
- Analysis of global economic landscape across the global regions
- It offers an understanding of global market divisions and sub- divisions
- It provides wide-ranging research on global sales tactics and practices
- It offers a thorough analysis of key players working across the global regions
It also highlights various drivers, restraints, and opportunities expected to influence the market during the forecast period. The study provides a complete perspective of the evolution of the global AIOps market during the forecast period in terms of revenue. To provide a stronger and stable business outlook, the regional outlook has been presented by inspecting several industries across different global regions.
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AIOps Market Segmentation:
AIOps Market by Services
AIOps Market by Application:
- Implementation service
- License and maintenance service
- Training and education service
- Consulting service
- Managed service
In This Study, The Years Considered To Estimate The Size Of AIOps Market Are As Follows:
- Real-time analytics
- Infrastructure management
- Network and security management
- Application performance management
- Others (Cloud monitoring, Anomaly detection, Log and Event management, and Root cause and App experience analytics)
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- History Year: 2015-2018
- Base Year: 2018
- Estimated Year: 2019
- Forecast Year 2019 to 2027
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