DUBLIN--(BUSINESS WIRE)--The "Artificial Intelligence For IT Operations Platform Market Size, Share & Trends Analysis Report By Offering, By Application, By Deployment Mode, By Organization Size, By Vertical, By Region, and Segment Forecasts, 2021-2028" report has been added to ResearchAndMarkets.com's offering.
The global artificial intelligence for IT operations platform market size is expected to reach USD 27.26 billion by 2028 and is anticipated to register a CAGR of 21.2% from 2021 to 2028
Rapid digital transformations in global business organizations have brought about increasingly complex datasets. Businesses spend a significant amount of time, cost, and effort on processing large volumes of data. IT operations are also on the edge of this transformation, wherein IT teams are required to manage complex datasets to sustain their business.
Besides, there has been a considerable increase in data loads over the last few years due to the distributed architecture and dynamic nature of business applications and services. With the increasing IT agility requirement, AIOps has emerged as a way for IT operations teams to keep up with business demands, trends, and aggressive digitization of IT infrastructure.
AIOps platform refers to the AI platform for IT operations that combines human intelligence with automated algorithms to provide full visibility into IT systems' performance.
The COVID-19 outbreak has created significant challenges and uncertainties for several businesses. AIOps platform can align with the industries operating in the digital environment amid such a challenging era of business infrastructural transformations. The increasing digital transformation during the pandemic has led to various challenges concerning user experience, security, and the downfall of industries.
Organizations are restructuring operational infrastructure as security-related vulnerabilities in the digital environment have increased significantly. Under such highly dynamic circumstances, the AIOps platform helps businesses to take vigilant security measures. For instance, the platform helps ensure the Confidentiality, Integrity, and Availability (CIA) triad information security through its online security applications, such as AI-powered identity verification systems.
The adoption of cloud computing has been increasing rapidly in recent years. Cloud-hosting services such as Microsoft Azure (Microsoft), Amazon Web Services, Inc. (AWS), and Google Cloud (Alphabet Inc.) appeal to many enterprises owing to features such as the ability to scale up or down based on usage, pay-per-use, self-service, and high resiliency.
These advantages, in turn, lead to lower IT expenditure, better service quality, and faster time-to-market than traditional IT offerings. AIOps solutions enable new IT operations efficiencies by offering centralized visibility across all environments, which helps diagnose and resolve IT issues faster.
Artificial Intelligence For IT Operations Platform Market Report Highlights
- Organizations are deploying AIOps platforms specifically for real-time analytics and network and security management.
- Most AIOps platforms focus on providing enriched company data over data about individuals, called intent data. Intent data is collected behavioral information about an individual's online or digital activities.
- The rising adoption of machine learning for infrastructure management in IT environments is one of the major factors driving the market growth.
- Key players are leveraging AI and machine learning technologies to improve resilience and enhance productivity in IT operations.
Key Topics Covered:
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Market Variables, Trends & Scope
3.1 Market Segmentation & Scope
3.2 AIOps Platform Size And Growth Prospects
3.3 AIOps Platform - Value Chain Analysis
3.4 AIOps Platform Market Dynamics
3.4.1 Market Drivers
3.4.1.1 Rapid Adoption Of Cloud - Based Infrastructure In It Sector
3.4.1.2 Surge In Demand For Ai - Based Applications
3.4.1.3 Increasing Need For Risk Mitigation In It Organizations
3.4.2 Market Restraints
3.4.2.1 Complex And Dynamic Nature Of It Operations
3.4.2.2 Lack Of Robust And Flexible Ai Systems
3.5 Penetration & Key Opportunities Mapping
3.6 Industry Analysis - Porter's
3.7 AIOps Platform - Pest Analysis
Chapter 4 AIOps Platform Market: Offering Estimates & Trend Analysis
4.1 AIOps Platform Market: Offering Movement Analysis
4.1.1 Platform
4.1.1.1. Platform AIOps Platform Market, By Region, 2018 - 2028
4.1.2 Services
Chapter 5 AIOps Platform Market: Application Estimates & Trend Analysis
5.1 AIOps Platform Market: Application Movement Analysis
5.1.1 Infrastructure Management
5.1.1.1. Infrastructure Management AIOps Platform Market, By Region, 2018 - 2028
5.1.1.1.1. Market Estimates And Forecasts, 2018 - 2028 (USD Million)
5.1.2 Application Performance Analysis
5.1.3 Real - Time Analytics
5.1.4 Network & Security Management
Chapter 6 AIOps Platform Market: Deployment Mode Estimates & Trend Analysis
6.1 AIOps Platform Market: Deployment Mode Movement Analysis
6.1.1 ON - PREMISES
6.1.1.1. On - Premises AIOps Platform System Market, By Region, 2018 - 2028
6.1.2 CLOUD
Chapter 7 AIOps Platform Market: Organization Size Estimates & Trend Analysis
7.1 AIOps Platform Market: Organization Size Movement Analysis
7.1.1 Large Enterprises
7.1.1.1. Large Enterprises AIOps Platform System Market, By Region, 2018 - 2028
7.1.1.1.1. Market Estimates And Forecasts, 2018 - 2028 (USD Million)
7.1.2 Small And Medium - Sized Enterprises (SMES)
7.1.2.1. Small and medium - sized enterprises (SMEs) AIOps platform system market, by region, 2018 - 2028
7.1.2.1.1. Market estimates and forecasts, 2018 - 2028 (USD Million)
Chapter 8 AIOps Platform Market: Vertical Estimates & Trend Analysis
8.1 AIOps Platform Market: Vertical Movement Analysis
8.1.1 BFSI
8.1.1.1. BFSI AIOps platform market, by Region, 2018 - 2028
8.1.2 Healthcare & Life Sciences
8.1.3 Retail & E - Commerce
8.1.4 It & Telecom
8.1.5 Energy & Utilities
8.1.6 Government & Public Sector
8.1.7 Media & Entertainment
Chapter 9 AIOps Platform Market: Regional Estimates & Trend Analysis
9.1 AIOps Platform Market: Regional Movement Analysis
Chapter 10 Competitive Landscape
10.1 Company overview
10.2 Product benchmarking
10.3 Recent developments
- AppDynamics
- BMC Software, Inc.
- Broadcom
- HCL Technologies Limited
- International Business Machines Corporation
- Micro Focus
- Moogsoft
- ProphetStor Data Services, Inc.
- Resolve Systems
- Splunk Inc.
- VMware, Inc
For more information about this report visit https://www.researchandmarkets.com/r/jhfcm8
