Global AIOps Platform Market

AIOps Platform Market Size, Share, Growth Analysis, By Offering, By Service, By Deployment Mode, By Application, By Vertical, By Region - Industry Forecast 2025-2032

Report ID: SQMIG45D2118 | Region: Global | Published Date: December, 2024
Pages: 192 | Tables: 149 | Figures: 73

AIOps Platform Market News

  • November 2022: Network intelligence provider Aprecomm announced Aprecomm Virtual Wireless Expert, an AIOps solution for Edgecore's ecCloud controllers. A press release indicates that an AIOps solution for Edgecore Wi-Fi that these two companies jointly announced could make network performance better for every user of Edgecore Wi-Fi 6 access points.
  • September 2022: Fortinet, a global leader in integrated, comprehensive, and automated cybersecurity solutions, announced enhanced capabilities of AIOps across its entire networking portfolio. Fortinet announced advanced AI-based network services management for 5G/LTE gateways.
  • June 2022: HCL Technologies DRYiCE launched DRYiCE IntelliOps, a product designed to meet the full-stack AIOps and workflow observability needs of an enterprise. Companies have made huge investments in complex digital initiatives for modernizing their IT infrastructure to be able to meet customer demands for the emerging necessity to be always-on with services in the digital world. There is, however, a gap that most of these digital initiatives are yet to fill.
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FAQs

AIOps Platform Market size was valued at USD 14.36 Billion in 2023 and is poised to grow from USD 17.62 Billion in 2024 to USD 73.75 Billion by 2032, growing at a CAGR of 22.7% during the forecast period (2025-2032).

The competitive landscape of AIOps platform market is fragmented into established and newer players vie for control of the market through innovation. These are the industry giants such as IBM, Splunk, and ServiceNow offering large-scale solutions while niche functionalities and integration opportunities attract newer entrants. It has led to intense competition for AI and machine learning technology developing rapidly, and several products are now being created to cater to diverse consumer needs and preferences across industries. 'IBM (United States) ', 'Splunk (United States) ', 'Broadcom (United States) ', 'OpenText (Canada) ', 'Dynatrace (Austria) ', 'Cisco (United States) ', 'HCL Technologies (India) ', 'Elastic (United States) ', 'ServiceNow (United States) ', 'HPE (United States) ', 'BMC Software (United States) ', 'SolarWinds (United States) ', 'BigPanda (United States) ', 'LogicMonitor (United States) ', 'Resolve Systems (United Kingdom)'

With the growth of digital transformation and adoption of multi-cloud in a rapidly accelerating manner, the complexity of IT systems continues to increase. AIOps technologies deliver actionable insights, automated problem management, and real-time monitoring, all of which help enterprises manage complexity. As the number of managed systems and data streams grows, so does the demand for AIOps solutions, always ensuring that IT teams remain efficient even in the resolution of new problems.

Using Multi-Cloud Techniques: The AIOps platform market is widely affected by the shift towards multi-cloud systems. Companies are increasingly dependent upon cloud providers, and more of them, to benefit from resource allocation, avoid vendor lock-in, and increase flexibility. AIOps systems are developing to help manage multi-cloud environments; therefore, an enterprise could easily monitor and control performance across many cloud environments. This trend shows increased demand for integrated systems that can deal with complexities of multi-cloud operations.

North America has now emerged as the leader for the AIOps platform market with huge technological businesses, robust investments into IT infrastructure, and a high priority of digital transformation. In the US, it is found to take precedence above the wide spread of industries including retail, healthcare, and finance. Business organizations more often apply AIOps as a way of elevating customers satisfaction, IT workflow efficiency, and enhanced operational efficiency. The domain has a stronger network of innovative AIOps companies, such as IBM, Splunk, and ServiceNow. These companies continually improve their products and services in research to meet an increased order for advanced analytics in IT operations.

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Global AIOps Platform Market

Report ID: SQMIG45D2118

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