AIOps Platform Market by Component, Deployment, Organization Size, Application, Vertical

List of Tables

[199 Pages Report] The AIOps Platform Market size was estimated at USD 13.48 billion in 2023 and expected to reach USD 16.37 billion in 2024, at a CAGR 21.76% to reach USD 53.50 billion by 2030.

Global AIOps Platform Market

KEY MARKET STATISTICS
Base Year [2023]	USD 13.48 billion
Estimated Year [2024]	USD 16.37 billion
Forecast Year [2030]	USD 53.50 billion
CAGR (%)	21.76%

An artificial intelligence for IT operations (AIOps) platform utilizes advanced algorithms, machine learning, and big data analytics to automate and enhance IT operations. AIOps aid in problem detection, root cause analysis, and proactive resolution of issues by analyzing various IT tools and devices' vast volumes of operational data. This allows organizations to streamline IT operations, reduce downtime, and optimize service performance. The increasing complexity of IT infrastructure and a growing volume of data drives the market growth. However, the market faces limitations, such as a lack of skilled professionals adept at implementing and managing AIOps platforms. In addition, data security and privacy concerns associated with AIOps integration limit the adoption of the AIOps platform. Furthermore, advancements in AI and machine learning technologies further propel the demand for smart IT operations solutions. Enterprises are progressively adopting cloud-based AIOps solutions due to their scalable nature and cost efficiency.

Regional Insights

In the Americas region, the demand for AIOps platforms is driven by a mature IT infrastructure and the presence of a significant number of large-scale enterprises that are early adopters of AI technology. The focus on enhancing user experience and optimizing IT operations cost-effectively is prevalent among businesses. The need for agility, scalability, and advanced analytics in IT operations influences customer purchasing behaviors in the region. Investments in AI and ML technologies and a robust research ecosystem lead to ongoing innovation and cater to many verticals, including finance, healthcare, and retail. A high emphasis on regulatory compliance, data privacy, and digital transformation initiatives is observed in the European Union. This has resulted in a strong demand for AIOps solutions that provide insights while adhering to GDPR and other regulations. European enterprises exhibit cautious purchasing behavior, preferring AIOps solutions and prioritizing security and compliance. South America and MEA are promising regions for the AIOps platform market, with both displaying strong growth trends influenced by economic diversification, digital transformation initiatives, and the rise of smart infrastructure investments. The Asia-Pacific region is rapidly embracing AIOps platforms, with countries such as China, Japan, and India leading the way. The government's initiatives underline the national strategy for AI and, by extension, AIOps, showing strong commitment and investment in this technology. Companies focus on technological innovation, and the need to manage complex IT systems effectively drives the AIOps market. The burgeoning IT sector has a vast pool of tech-savvy professionals contributing to adopting AIOps solutions.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the AIOps Platform Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the AIOps Platform Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the AIOps Platform Market, highlighting leading vendors and their innovative profiles. These include Amazon Web Services, Inc., BigPanda, Inc., BMC Software, Inc., Broadcom Inc., Cisco Systems, Inc., CloudFabrix Software Inc., Cloudwise, Datadog, Inc., Dell Inc., Dynatrace, Inc., Elasticsearch B.V., GAVS Technologies, Google LLC by Alphabet Inc., HCL Technologies Limited, Hewlett Packard Enterprise Company, Hexaware Technologies Limited, Infosys Ltd., International Business Machines Corporation, Knot Solutions Pvt. Ltd., LogicMonitor Inc., LTIMindtree Limited, MeshIQ, Microsoft Corporation, Netreo, Inc., New Relic, Inc., OKESTRO Co., Ltd., OpenText Corporation, Oracle Corporation, PagerDuty, Inc., Prodapt Solutions Private Limited, ProphetStor Data Services, Inc., ScienceLogic, Inc., Selector Software, Inc., ServiceNow, Inc., Sigma Data Systems, Tata Consultancy Services Limited, Tech Mahindra Limited, VuNet Systems Private Limited, Wipro Limited, Zenoss Inc., and Zoho Corporation.

Market Segmentation & Coverage

This research report categorizes the AIOps Platform Market to forecast the revenues and analyze trends in each of the following sub-markets:

Component
- Platform
- Services
Deployment
- Cloud
- On-premise
Organization Size
- Large Enterprises
- Small & Medium Enterprises
Application
- Application Performance Analysis
- Infrastructure Management
- Network & Security Management
- Real-Time Analytics
Vertical
- BFSI
- Energy & Utilities
- Government & Defense
- Healthcare & Life Sciences
- IT & Telecom
- Media & Entertainment
- Retail & eCommerce
Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam
- Europe, Middle East & Africa
  - Denmark
  - Egypt
  - Finland
  - France
  - Germany
  - Israel
  - Italy
  - Netherlands
  - Nigeria
  - Norway
  - Poland
  - Qatar
  - Russia
  - Saudi Arabia
  - South Africa
  - Spain
  - Sweden
  - Switzerland
  - Turkey
  - United Arab Emirates
  - United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the AIOps Platform Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the AIOps Platform Market?

3. What are the technology trends and regulatory frameworks in the AIOps Platform Market?

4. What is the market share of the leading vendors in the AIOps Platform Market?

5. Which modes and strategic moves are suitable for entering the AIOps Platform Market?

Product Code: MRR-69324464D120

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. AIOps Platform Market, by Region

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Rapidly growing IT infrastructure and rising IT complexities related to high-volume data management across Asia-Pacific
  - 5.1.1.2. Increasing need for enhanced solutions to address language and cultural diversity
  - 5.1.1.3. Growing demand for predictive analytics to preempt network issues and optimize network performance
- 5.1.2. Restraints
  - 5.1.2.1. Complexities in implementing and maintaining AIOps platforms
- 5.1.3. Opportunities
  - 5.1.3.1. Development and launch of advanced AIOps platforms
  - 5.1.3.2. High potential for AIOps to meet varied regulatory requirements across economies
- 5.1.4. Challenges
  - 5.1.4.1. Data security and privacy concerns associated with AIOps integration
5.2. Market Segmentation Analysis
- 5.2.1. Component: Rising need for efficient and proven service offerings
- 5.2.2. Deployment: Growing deployment of cloud-based models with less upfront cost, offering high scalability
- 5.2.3. Organization Size: Rising demand for AIOps from large enterprises prioritizing scalability and automation due to complex IT operations
- 5.2.4. Application: Significant adoption of AIOps platforms for network and security management applications
- 5.2.5. Vertical: Higher adoption of AIOps in energy & utilities with strong predictive maintenance capabilities
5.3. Market Trend Analysis
- 5.3.1. Significant focus on digital transformation and expansion of the IT industry in India
- 5.3.2. Rising adoption of AIOps platforms in China due to integration of advanced AI and machine learning algorithm technologies
- 5.3.3. Growing need for advanced IT management services and AIOps solutions with reduction in working-age population in Japan
- 5.3.4. Advanced technological landscape is becoming a conducive environment for AIOps platforms in South Korea
- 5.3.5. Well-structured national strategies to promote smart national establishment in Singapore and their extensive deployment of AIOps to support this widespread digital transformation
- 5.3.6. Diversified focus on exploring AIOps across commercial sectors in Australia with government emphasis on building a more secure AI environment
5.4. Cumulative Impact of High Inflation
5.5. Porter's Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework

6. AIOps Platform Market, by Component

6.1. Introduction
6.2. Platform
6.3. Services

7. AIOps Platform Market, by Deployment

7.1. Introduction
7.2. Cloud
7.3. On-premise

8. AIOps Platform Market, by Organization Size

8.1. Introduction
8.2. Large Enterprises
8.3. Small & Medium Enterprises

9. AIOps Platform Market, by Application

9.1. Introduction
9.2. Application Performance Analysis
9.3. Infrastructure Management
9.4. Network & Security Management
9.5. Real-Time Analytics

10. AIOps Platform Market, by Vertical

10.1. Introduction
10.2. BFSI
10.3. Energy & Utilities
10.4. Government & Defense
10.5. Healthcare & Life Sciences
10.6. IT & Telecom
10.7. Media & Entertainment
10.8. Retail & eCommerce

11. Americas AIOps Platform Market

11.1. Introduction
11.2. Argentina
11.3. Brazil
11.4. Canada
11.5. Mexico
11.6. United States

12. Asia-Pacific AIOps Platform Market

12.1. Introduction
12.2. Australia
12.3. China
12.4. India
12.5. Indonesia
12.6. Japan
12.7. Malaysia
12.8. Philippines
12.9. Singapore
12.10. South Korea
12.11. Taiwan
12.12. Thailand
12.13. Vietnam

13. Europe, Middle East & Africa AIOps Platform Market

13.1. Introduction
13.2. Denmark
13.3. Egypt
13.4. Finland
13.5. France
13.6. Germany
13.7. Israel
13.8. Italy
13.9. Netherlands
13.10. Nigeria
13.11. Norway
13.12. Poland
13.13. Qatar
13.14. Russia
13.15. Saudi Arabia
13.16. South Africa
13.17. Spain
13.18. Sweden
13.19. Switzerland
13.20. Turkey
13.21. United Arab Emirates
13.22. United Kingdom

14. Competitive Landscape

14.1. FPNV Positioning Matrix
14.2. Market Share Analysis, By Key Player
14.3. Competitive Scenario Analysis, By Key Player
- 14.3.1. Merger & Acquisition
  - 14.3.1.1. Dell Would Acquire AIOps Platform Moogsoft to Enhancing Offerings
- 14.3.2. Agreement, Collaboration, & Partnership
  - 14.3.2.1. Kyndryl and Dynatrace Announce Global Alliance to Enhance Customers' Insights
  - 14.3.2.2. GTT Elevates its Global IT Operations with AIOps from Selector
  - 14.3.2.3. Google Cloud Collaborates with StarHub to Bolster its Cloud Infinity Transformation Program
  - 14.3.2.4. CloudFabrix Announces Validation of HashiCorp Consul Integration and Premier Partner Status, Demonstrating AIOps Value in Multi-cloud Deployments
- 14.3.3. New Product Launch & Enhancement
  - 14.3.3.1. LTIMindtree Introduces Canvas CloudXperienz
  - 14.3.3.2. BMC Revolutionizes Observability and AIOps With BMC HelixGPT
  - 14.3.3.3. Elastic Unveils AI Assistant for Observability and General Availability of Universal Profiling
  - 14.3.3.4. Senser Unveils AIOps Platform Using eBPF to Collect Data
  - 14.3.3.5. LogicMonitor Expands Observability Intelligence, Introduces New AIOps and ML Capabilities
  - 14.3.3.6. Xalient Launches Next Generation AIOps Platform Martina 2.0
  - 14.3.3.7. IBM Announces New AIOps Solutions Designed to Automate Software License Compliance
- 14.3.4. Investment & Funding
  - 14.3.4.1. Infosys Signs Deal for AI-led Development, to Spend About USD 2 Billion Over Five Years

15. Competitive Portfolio

15.1. Key Company Profiles
- 15.1.1. Amazon Web Services, Inc.
- 15.1.2. BigPanda, Inc.
- 15.1.3. BMC Software, Inc.
- 15.1.4. Broadcom Inc.
- 15.1.5. Cisco Systems, Inc.
- 15.1.6. CloudFabrix Software Inc.
- 15.1.7. Cloudwise
- 15.1.8. Datadog, Inc.
- 15.1.9. Dell Inc.
- 15.1.10. Dynatrace, Inc.
- 15.1.11. Elasticsearch B.V.
- 15.1.12. GAVS Technologies
- 15.1.13. Google LLC by Alphabet Inc.
- 15.1.14. HCL Technologies Limited
- 15.1.15. Hewlett Packard Enterprise Company
- 15.1.16. Hexaware Technologies Limited
- 15.1.17. Infosys Ltd.
- 15.1.18. International Business Machines Corporation
- 15.1.19. Knot Solutions Pvt. Ltd.
- 15.1.20. LogicMonitor Inc.
- 15.1.21. LTIMindtree Limited
- 15.1.22. MeshIQ
- 15.1.23. Microsoft Corporation
- 15.1.24. Netreo, Inc.
- 15.1.25. New Relic, Inc.
- 15.1.26. OKESTRO Co., Ltd.
- 15.1.27. OpenText Corporation
- 15.1.28. Oracle Corporation
- 15.1.29. PagerDuty, Inc.
- 15.1.30. Prodapt Solutions Private Limited
- 15.1.31. ProphetStor Data Services, Inc.
- 15.1.32. ScienceLogic, Inc.
- 15.1.33. Selector Software, Inc.
- 15.1.34. ServiceNow, Inc.
- 15.1.35. Sigma Data Systems
- 15.1.36. Tata Consultancy Services Limited
- 15.1.37. Tech Mahindra Limited
- 15.1.38. VuNet Systems Private Limited
- 15.1.39. Wipro Limited
- 15.1.40. Zenoss Inc.
- 15.1.41. Zoho Corporation
15.2. Key Product Portfolio

16. Appendix

16.1. Discussion Guide
16.2. License & Pricing