AIOps Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2020-2025. The rising implementation of regulatory standards and the increasing adoption of cloud-based IT solutions and increasing modes of online payments, utilization of AI for enhanced customer support services are key factors for the growth of global AIOps markets.
AIOps Market is valued at USD 2.22 Billion in 2018 and expected to reach USD 14.33 Billion by 2025 with the CAGR of 30.50% over the forecast period.
Aiops Is The Application Stands for artificial intelligence in IT operations. It is popular for monitoring and managing modern IT environments that are hybrid, dynamic, distributed and componentized. It refers to multi-layered technology platforms that automate and enhance IT operations through big data platform, predictive analytics, and machine learning (ML). Therefore, the organization is adopting cognitive solutions for enhancing productivity and performance. AIOps is used to integrating big data and machine learning functionality to analyze the ever-increasing volume, variety and velocity of data generated by IT in response to digital transformation. It is used to automate the identification and resolution of common information technology (IT) issues.
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AIOps market report is segmented on the basis of type, deployment, end user industry and by regional & country level. Based upon type, global aiops market is classified into solutions and services. Based upon deployment, global aiops market is sub-classified into on-premise and cloud. Based upon end user industry, global aiops market is classified into media and entertainment, IT and telecom, retail, BFSI and others.
The regions covered in this aiops market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of aiops is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
AIOps companies:
AIOps market report covers prominent players are,
BMC Software
Devo
Dynatrace
Elastic
ExtraHop
FixStream
Micro Focus
Moongsoft
AppDynamics
BigPanda
Splunk
IBM Corporation
Logz.io
Loom Systems
Others.
AIOps Market Dynamics –
The rising implementation of regulatory standards and the increasing adoption of cloud-based IT solutions and increasing modes of online payments, utilization of AI for enhanced customer support services are key factors for the growth of global AIOps markets. Also, increase in the demand for the internet and a cloud-based system across several industries is expected to boost the growth of the market in forecast period. As per World Bank, from 2006 to 2016, the number of internet users has increased by nearly 28% from 206.01 million to 286.94 million in the U.S. Moreover, rise in digital transformation in telecom industry, media and entertainment, the education sectors around the world is expected to drive the market. However, lack of awareness among enterprises, lack of skilled professionals and rapid changes in IT operations will hamper the growth of market. Moreover, adoption of technological advancements, raising awareness regarding the innovative cloud technologies is predicted to create wide opportunities for the players operating in the aiops market during forecast period.
AIOps Market Regional Analysis –
North America is dominating the AIOps market with the highest rate due to rising digital transformation, rise in the use of fast-emerging digital technologies, such as data analytics, AI, IoT, block chain, cloud computing and all Internet-based services, presence of leading provider in the region. According to recent report of United Nations Conference on Trade and Development, IoT devices were an estimated to grow from 9.9 billion in 2019 to 21.5 billion in 2025 and the United States accounts for around 50% of global IoT spending on the devices. According to World Bank, almost 287 million internet users accessed the web from United States. For instance, May 05, 2020, IBM has launched Watson AIOps which uses AI to automate how enterprises self-detect, diagnose and respond to IT anomalies in real time.
The Asia Pacific is expected to emerge as the fastest-growing regional market over the forecast period with due to developing strong internet infrastructure, increasing government initatives towards artificial intelligent , adoption of automation in various business functions across verticals and adoption innovative technology in developing countries such as China and India. Moreover, rise in demand for AI-powered solutions and services due to the rapid generation of large volumes of data fueling the market in the region. According to report of IICOM, APAC governments are investing heavily in developing their own homegrown AI capabilities by financing research, development, and deployment efforts.
Key Benefits for AIOps Market Reports –
Global Market report covers in depth historical and forecast analysis.
Global Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
Global Market report helps to identify opportunities in market place.
Global Market report covers extensive analysis of emerging trends and competitive landscape.
AIOps Market Segmentation –
By Type: Solution, Service
By Deployment: On-premise, Cloud
By End-user Industry: Media and Entertainment, IT and Telecom, Retail, BFSI, Others
Regional & Country Analysis
North America, U.S., Mexico, Canada , Europe, UK, France, Germany, Italy , Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of Middle East and Africa
Table of Content
1 Study Coverage
1.1 AIOps Market Product
1.2 Key Market Segments in This Study
1.3 Key Manufacturers Covered
1.4 Market by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Executive Summary
2.1 Global AIOps Market Market Size
2.1.1 Global AIOps Market Revenue 2014-2025
2.1.2 Global AIOps Market Production 2014-2025
2.2 AIOps Market Growth Rate (CAGR) 2020-2025
2.3 Analysis of Competitive Landscape
2.3.1 Manufacturers Market Concentration Ratio
2.3.2 Key AIOps Market Manufacturers
2.3.2.1 AIOps Market Manufacturing Base Distribution, Headquarters
2.3.2.2 Manufacturers AIOps Market Product Offered
2.3.2.3 Date of Manufacturers Enter into AIOps Market Market
2.4 Key Trends for AIOps Market Markets & Products
3 Market Size by Manufacturers
3.1 AIOps Market Production by Manufacturers
3.1.1 AIOps Market Production by Manufacturers
3.1.2 AIOps Market Production Market Share by Manufacturers
3.2 AIOps Market Revenue by Manufacturers
3.2.1 AIOps Market Revenue by Manufacturers (2014-2020)
3.2.2 AIOps Market Revenue Share by Manufacturers (2014-2020)
3.3 AIOps Market Price by Manufacturers
3.4 Mergers & Acquisitions, Expansion Plans
4 AIOps Market Production by Regions
4.1 Global AIOps Market Production by Regions
4.1.1 Global AIOps Market Production Market Share by Regions
4.1.2 Global AIOps Market Revenue Market Share by Regions
4.2 North America
4.2.1 North America AIOps Market Production
4.2.2 North America AIOps Market Revenue
4.2.3 Key Players in North America
4.2.4 North America AIOps Market Import & Export
4.3 Europe
4.3.1 Europe AIOps Market Production
4.3.2 Europe AIOps Market Revenue
4.3.3 Key Players in Europe
4.3.4 Europe AIOps Market Import & Export
4.4 China
4.4.1 China AIOps Market Production
4.4.2 China AIOps Market Revenue
4.4.3 Key Players in China
4.4.4 China AIOps Market Import & Export
4.5 Japan
4.5.1 Japan AIOps Market Production
4.5.2 Japan AIOps Market Revenue
4.5.3 Key Players in Japan
4.5.4 Japan AIOps Market Import & Export
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