AIOps platform is software systems involve a combination of big data and machine learning to enhance and replace IT operations. Global AIOps platform market size was valued at $1.76 billion in 2017 and is estimated to reach $18.54 billion by 2025 with the CAGR of 34.23% during 2019-2025. The major drivers for the growth of the market are growing the demand for assurance of end to end business application and uptime, increasing the range of AI based services for IT operations and shift of organisations towards the cloud. However, lack of technical expertise, increasing changes in IT operations, the involvement of the complexities and dynamic nature of the IT architecture are hindering the growth of the market. Whereas increasing the adoption rate of advanced technologies, growth in the field of investments, enlarging the volume of data and rising the business need for holistic 360 degrees’ visibility are expected to drive the market growth in future.
Research Study Objectives:
- Define, estimate, and forecast the AIOps platform market statistics by component, services, deployment mode, organisation size, application, end users and regions concerning the individual growth drivers, market trends and their contribution toward the AIOps platform market growth.
- Provides comprehensive information regarding the key factors influencing the market growth (drivers, restraints & challenges, and opportunities)
- Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific (APAC), South America and the Middle East and Africa (MEA).
- Recent competitive developments including M&A (mergers and acquisitions), partnerships, and product innovations are provided in the AIOps platform market analysis report.
- Analysis and conclusions on the future AIOps platform market outlook.
Top-down and bottom-up approaches are used to validate the AIOps platform market size and are used to estimate the size of other dependent submarkets. Key
players in the market are identified through various secondary sources; databases including Bloomberg Businessweek, Hoovers, Factiva, journals and associations and the market revenues are estimated and are thoroughly validated through primary and secondary research. Secondary research involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The AIOps platform market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the AIOps platform market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report.
The scope of the Report
The AIOps platform market segmentation is as follows:
By Component
By Services
- License and Management Services
- Consulting Services
- Implementation Services
- Training and Education Services
- Managed Services
By Deployment Mode
By Organisation Size
- Small and Medium Enterprises
- Large Enterprises
By Application
- Infrastructure Management
- Real Time Analysis
- Application Performance Management
- Network and Security Management
- Infrastructure Management
- Others
By End Users
- Banking, Financial Service, Insurance (BFSI)
- Telecommunications and IT
- Healthcare and Lifesciences
- Retail and Consumer Goods
- Government
- Manufacturing
- Media and Entertainment
- Others
Geographical Analysis:
AIOps platform market is segmented by geography into North America, South America, Europe, Asia Pacific and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland and some other promising economies. The
Asia Pacific is further categorised by countries into China, India, Japan, South Korea, Australia & New Zealand, Malaysia, Singapore and many other emerging nations. In the Middle East & African region, Saudi Arabia, UAE, Iran, Iraq, Qatar, South Africa, Algeria, Morocco, Nigeria and so on countries are evaluated to understand the market growth lucidly.
Customization Options:
With the given research report, Envision Inteligence offers customisations as per the client’s specific requirements. The following customisation options offered for the aiops platform market include:
- Scope Revision
- Geographic Analysis
- Company Profiles
- Historical Data & Forecasting
- Key Contact Persons in companies
Global AIOps Platform Market Research Report Includes:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have a complete market analysis through industry value chain analysis, Porter’s Five Force Model, PESTLE, SWOT analysis, and Y-o-Y analysis.
- Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year–On–Year
- Identifying DROC in the current market and their impact on altering market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the significant AIOps platform, such as
- Microsoft Corporation
- IBM Corporation
- Google LLC
- Amazon Web Services, Inc.
- Baidu, Inc.
Along with these companies, many other companies are considered in the report while analysing the global AIOps platform market competitive strategies and environment. These companies held substantial share-owning to the nature of the industry whereas, the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players also have considerable presence owing to its robust brand image, geographical reach and stable customer base.