What is AI for IT Operations Platform Market?

An AI for IT Operations (AIOps) platform utilizes artificial intelligence to automate and enhance IT operations by analyzing data from various IT tools and devices. The goal is to identify and react to issues in real-time, improving efficiency and reducing operational costs.

How big is AI for IT Operations Platform Market?

The Global AI for IT Operations Platform Market size is expected to be worth around USD 35.4 Billion By 2033, from USD 7.5 Billion in 2023, growing at a CAGR of 16.8% during the forecast period from 2024 to 2033.

What are the key factors driving the growth of the AI for IT Operations Platform Market?

The AI for IT Operations (AIOps) market thrives on the need to manage complex, data-heavy IT environments. Utilizing AI and machine learning, AIOps enhances operational efficiency by automating tasks and predicting issues, essential for maintaining a competitive edge in a tech-driven world.

What are the emerging trends and advancements in the AI for IT Operations Platform Market?

AIOps is revolutionizing IT by integrating with DevOps, utilizing predictive analytics, and enhancing NLP usage. It's expanding into edge computing, bolstering security operations, and merging with MLOps for efficient management of machine learning models.

What are the major challenges and opportunities in the AI for IT Operations Platform Market?

The AIOps platform market is growing due to the need for advanced automation in complex IT environments, enhancing operational efficiency and data analytics. However, integration complexities, data quality issues, and skills gaps pose significant challenges.

Who are the leading players in the AI for IT Operations Platform Market?

IBM Corporation, OpenText Corporation, Moogsoft, Dynatrace LLC, Broadcom Inc., ServiceNow, Inc., OpsRamp, Inc., BMC Software, Inc., PagerDuty, Inc., LogicMonitor, Inc., BigPanda, Zenoss Inc., Other Key Players

Global AI for IT Operations Platform Market By Deployment Mode(Cloud-Based, On-Premise), By Application(Real-Time Analytics, Infrastructure Management, Network and Security Management, By Application Performance Management, Other Applications), By Organization Size(Small and Medium-Sized Enterprises, Large Enterprises), By Industry Vertical(BFSI, IT and Telecommunications, Healthcare, Retail and E-commerce, Energy and Utilities, Government and Public Sector, Other Industry Verticals), Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2024-2033

Published date: August 2024
Report ID: 126730
Number of Pages: 253
Format:

- IBM Corporation
- OpenText Corporation
- Moogsoft
- Dynatrace LLC
- Broadcom Inc.
- ServiceNow, Inc.
- OpsRamp, Inc.
- BMC Software, Inc.
- PagerDuty, Inc.
- LogicMonitor, Inc.
- BigPanda
- Zenoss Inc.
- Other Key Players