AIOps Market
Global AIOps Market Size, Share & Trends Analysis Report by Deployment Mode (On-Premises and Cloud Based), by Services (Implementation Services, License & Maintenance Services, Training & Education Services, Consulting Services, and Managed Services) and by Verticals (BFSI, Healthcare & Life Sciences, Retail & Consumer Goods, IT & Telecom, Government, Media & Entertainment, Education, and Others) Forecast (2021-2027). Update Available - Forecast 2024-2030
The global AIOps market is anticipated to grow at a significant CAGR of around 29% during the forecast period. The major factor that drives the AIOps market is the growing demand for AI-based services in its operations. However, lack of skilled professionals and rapid changes in IT operations could be major restraining factors for the growth of the AIOps platform market.
Impact of COVID-19 Pandemic on Global AIOPS Market
Due to the COVID-19 pandemic, the increase in the number of people working from home policies shifted information security focus from enterprise infrastructure to cloud and virtualized infrastructure. Many organizations believed that moving sensitive data stored on the cloud could be dangerous. However, after the pandemic, there has been a surge in the deployment of cloud solutions. For instance, In March 2020, Sumo Logic Inc. announced a number of free analytics solutions and resources to support enterprises and the broader community during the COVID- 19 pandemic. It unveiled a bundle of SaaS apps designed to help IT and security teams ensure critical business applications are up, running, and secure.
Segmental Outlook
The global AIOps market is segmented based on the deployment mode, services and verticle. Based on the deployment mode, the market is segmented into on-premises and cloud based. Based on the services, the market is sub-segmented into the implementation services, license & maintenance services, training & education services, consulting services, and managed services. Based on the verticals the market is segmented into BFSI, healthcare & life sciences, retail & consumer goods, it & telecom, government, media & entertainment, education, and others. Among these retail industry is expected to grow during the forecast period due to the usage of AIOps tools helps the retailers in developing an environment that will provide holistic to observing across all the aspects of business applications.
Global AIOps Market Share by Verticals, 2020 (%)
The IT & Telecome Sector is Expected to Holds the Major Share in the Global AIOps Market.
The IT & Telecom sector is expected to grow during the forecast period as IT tools and devices become more and more sophisticated resulting in an increase in the adoption of AIOps. As an outcome, more businesses are shifting to the cloud, and this is most likely to cause the need for AIOps platforms to surge even more in their AIOps market demands in the coming few years. For instance, in august 2020, Rackspace Technology announced Rackspace fabric which now includes the moogsoft AIOps platform, and thus applies artificial intelligence and machine learning to log, metric, trace and alert data to help resolve it incidents rapidly and more effectively. The integration into Rackspace fabric means Rackspace customers will experience increased uptime and fewer event alerts by utilizing machine learning to solve IT problems.
Regional Outlooks
The global AIOps market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East &Africa, and Latin America). The market can be analyzed for particular region or country level as per the requirement. Asia Pacific is expected to be the fastest-growing during the forecast period due to dynamic changes in the adoption of AI in various business functions across many verticals. The demand for AI-powered solutions and services is growing across the region, due to the fast generation of large volumes of data.
Global AIOps Market Growth, by Region 2021-2027
The North America Region Holds the Major Share in the Global AIOPS Market.
The North American region is the fastest-growing due to the continued spread of digital transformation across industries and growing convergence of different technologies, such as AI, ML, big data, and analytics, which have created an impact in the region and led to an increase in IT budget. Furthermore, many key players are launching their products in the market to stand in the competition. For instance, In December 2021, Micro Focus announced the release of Operations Bridge – SaaS, combining the company's proven Full-Stack AIOps platform with the agility of software-as-a-service. This new offering authorizes IT organizations to obtain complete observability, resolve problems faster, drive efficiencies with automation, and transform their data into actionable insights.
Market Players Outlook
The major companies serving the global AIOps market include AIMS Innovation AS, AppDynamics, BigPanda, Inc., Broadcom Inc, Datadog, Inc., Dynatrace LLC., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in April 2021, as part of its strategic partnership with Google Cloud, Broadcom Inc. has announced to accelerate innovation and strengthen cloud services integration inside the core software franchises of Broadcom. Under this collaboration, Broadcom will bring its suite of security and enterprise operations software to Google Cloud. Furthermore, although Broadcom's proceeded to Google Cloud started with its security software, the company plans to move other applications including, AIOps. This partnership can help Broadcom leverage Google Cloud's infrastructure for accelerating its development, cutting latency, and scaling more easily, further enabling it to expand its public Internet options.
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global AIOps market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global AIOps Market
• Recovery Scenario of Global AIOps Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
3.3. Impact of Covid-19 on Key Players
4. Market Segmentation
4.1. Global AIOps Market by Deployment Mode
4.1.1. On-Premises
4.1.2. Cloud Based
4.2. Global AIOps Market by Services
4.2.1. Implementation Services
4.2.2. License & Maintenance Services
4.2.3. Training & Education Services
4.2.4. Consulting Services
4.2.5. Managed Services
4.3. Global AIOps Market by Vertical
4.3.1. Banking, Financial Services, & Insurance (BFSI)
4.3.2. Healthcare & Life Sciences
4.3.3. Retail & Consumer Goods
4.3.4. IT & Telecom
4.3.5. Government
4.3.6. Media & Entertainment
4.3.7. Education
4.3.8. Others (Manufacturing, Automotive)
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. AIMS Innovation AS
6.2. AppDynamics
6.3. BigPanda, Inc.
6.4. Broadcom Inc
6.5. Datadog, Inc.
6.6. Dynatrace LLC.
6.7. Elasticsearch B.V
6.8. ExtraHop Networks, Inc.
6.9. HCL Technologies Ltd
6.10. IBM Corp.
6.11. Logshero Ltd.
6.12. Loom Systems Ltd.
6.13. Micro Focus
6.14. Moogsoft
6.15. Moogsoft
6.16. New Relic, Inc.
6.17. Resolve Systems, LLC
6.18. Splunk Inc.
6.19. StackState, Inc.
6.20. VMware, Inc
1. GLOBAL AIOPS MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODE, 2020-2027 ($ MILLION)
2. GLOBAL ON-PREMISES AIOPS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
3. GLOBAL CLOUD BASED AIOPS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
4. GLOBAL AIOPS FOR IMPLEMENTATION SERVICES MARKET RESEARCH AND ANALYSIS BY SERVICES, 2020-2027 ($ MILLION)
5. GLOBAL AIOPS FOR LICENSE & MAINTENANCE SERVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
6. GLOBAL AIOPS FOR TRAINING & EDUCATION SERVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
7. GLOBAL AIOPS FOR CONSULTING SERVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
8. GLOBAL AIOPS FOR MANAGED SERVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
9. GLOBAL AIOPS MARKET RESEARCH AND ANALYSIS BY VERTICLES, 2020-2027 ($ MILLION)
10. GLOBAL AIOPS FOR BANKING, FINANCIAL SERVICES, & INSURANCE (BFSI) MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
11. GLOBAL AIOPS FOR HEALTHCARE & LIFE SCIENCES MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
12. GLOBAL AIOPS FOR RETAIL & CONSUMER GOODS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
13. GLOBAL AIOPS FOR IT & TELECOM MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
14. GLOBAL AIOPS FOR GOVERNMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
15. GLOBAL AIOPS FOR MEDIA & ENTERTAINMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
16. GLOBAL AIOPS FOR EDUCATION MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
17. GLOBAL AIOPS FOR OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
18. GLOBAL AIOPS MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2020-2027 ($ MILLION)
19. NORTH AMERICAN AIOPS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
20. NORTH AMERICAN AIOPS MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODE, 2020-2027 ($ MILLION)
21. NORTH AMERICAN AIOPS MARKET RESEARCH AND ANALYSIS BY SERVICES, 2020-2027 ($ MILLION)
22. NORTH AMERICAN AIOPS MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2020-2027 ($ MILLION)
23. EUROPEAN AIOPS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
24. EUROPEAN AIOPS MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODE, 2020-2027 ($ MILLION)
25. EUROPEAN AIOPS MARKET RESEARCH AND ANALYSIS BY SERVICES, 2020-2027 ($ MILLION)
26. EUROPEAN AIOPS MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2020-2027 ($ MILLION)
27. ASIA-PACIFIC AIOPS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
28. ASIA-PACIFIC AIOPS MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODE, 2020-2027 ($ MILLION)
29. ASIA-PACIFIC AIOPS MARKET RESEARCH AND ANALYSIS BY SERVICES, 2020-2027 ($ MILLION)
30. ASIA-PACIFIC AIOPS MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2020-2027 ($ MILLION)
31. REST OF THE WORLD AIOPS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
32. REST OF THE WORLD AIOPS MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODE, 2020-2027 ($ MILLION)
33. REST OF THE WORLD AIOPS MARKET RESEARCH AND ANALYSIS BY SERVICES, 2020-2027 ($ MILLION)
34. REST OF THE WORLD AIOPS MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2020-2027 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL AIOPS MARKET, 2020-2027 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL AIOPS MARKET BY SEGMENT, 2020-2027 ($ MILLION)
3. RECOVERY OF GLOBAL AIOPS MARKET, 2021-2027 (%)
4. GLOBAL AIOPS MARKET SHARE BY DEPLOYMENT MODE, 2020 VS 2027 (%)
5. GLOBAL ON-PREMISES AIOPS MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
6. GLOBAL CLOUD BASED AIOPS MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
7. GLOBAL AIOPS MARKET SHARE BY SERVICES, 2020 VS 2027 (%)
8. GLOBAL AIPOS FOR IMPLEMENTATION SERVICES MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
9. GLOBAL AIPOS FOR LICENSE & MAINTENANCE SERVICES MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
10. GLOBAL AIPOS FOR TRAINING & EDUCATION SERVICES MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
11. GLOBAL AIPOS FOR CONSULTING SERVICES MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
12. GLOBAL AIPOS FOR MANAGED SERVICES MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
13. GLOBAL AIOPS MARKET SHARE BY VERTICLES, 2020 VS 2027 (%)
14. GLOBAL AIPOS FOR BANKING, FINANCIAL SERVICES, & INSURANCE MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
15. GLOBAL AIPOS FOR HEALTHCARE & LIFE SCIENCES MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
16. GLOBAL AIPOS FOR RETAIL & CONSUMER GOODS MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
17. GLOBAL AIPOS FOR IT & TELECOM MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
18. GLOBAL AIPOS FOR GOVERNMENT MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
19. GLOBAL AIPOS FOR MEDIA & ENTERTAINMENT MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
20. GLOBAL AIPOS FOR EDUCATION MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
21. GLOBAL AIPOS FOR OTHERS MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
22. GLOBAL AIOPS MARKETSHARE BY GEOGRAPHY, 2020 VS 2027 (%)
23. US AIOPS MARKET SIZE, 2020-2027 ($ MILLION)
24. CANADA AIOPS MARKET SIZE, 2020-2027 ($ MILLION)
25. UK AIOPS MARKET SIZE, 2020-2027 ($ MILLION)
26. FRANCE AIOPS MARKET SIZE, 2020-2027 ($ MILLION)
27. GERMANY AIOPS MARKET SIZE, 2020-2027 ($ MILLION)
28. ITALY AIOPS MARKET SIZE, 2020-2027 ($ MILLION)
29. SPAIN AIOPS MARKET SIZE, 2020-2027 ($ MILLION)
30. REST OF EUROPE AIOPS MARKET SIZE, 2020-2027 ($ MILLION)
31. INDIA AIOPS MARKET SIZE, 2020-2027 ($ MILLION)
32. CHINA AIOPS MARKET SIZE, 2020-2027 ($ MILLION)
33. JAPAN AIOPS MARKET SIZE, 2020-2027 ($ MILLION)
34. SOUTH KOREA AIOPS MARKET SIZE, 2020-2027 ($ MILLION)
35. REST OF ASIA-PACIFIC AIOPS MARKET SIZE, 2020-2027 ($ MILLION)
36. REST OF THE WORLD AIOPS MARKET SIZE, 2020-2027 ($ MILLION)
