Artificial Intelligence for IT Operations Platform Market reached US$ 1.59 billion in 2024 and is expected to reach US$ 8.59 billion by 2032, growing with a CAGR of 23.48% during the forecast period 2025-2032.
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Artificial Intelligence for IT Operations (AIOps) platforms use AI and machine learning to enhance and automate IT operations by analyzing big data from various sources in real time, enabling faster root cause analysis, anomaly detection, and performance optimization.
List of the Key Players in the Artificial Intelligence For IT Operations Platform Market:
APPDYNAMICS, BMC Software, Inc., Broadcom Inc., HCL Technologies Limited, IBM Corporation, Micro Focus International plc, Dell Inc., ProphetStor Data Services, Inc., Splunk LLC and Thales.
Industry Development:
In September 2024, Vitria Technology, Inc. announced a significant increase in demand and user adoption for its VIA AIOps platform, a flexible AI-driven solution aimed at delivering enhanced operational intelligence. The company reported impressive outcomes from its AIOps technology, including a 60% improvement in service availability, an 80% reduction in troubleshooting time, and the ability to detect 92% of incidents proactively, before they impacted end users.
In April 2024, BMC, a leading software solutions provider, acquired Netreo, a company specializing in intelligent and secure IT network and application monitoring solutions. The acquisition is intended to strengthen BMC’s capabilities in observability and AIOps, enabling deeper insights into operational performance across infrastructure, networks, and applications. BMC aims to deliver these enhancements through a comprehensive open observability platform.
Research Process:
Both primary and secondary data sources have been used in the global Artificial Intelligence For IT Operations Platform Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Segment Covered in the Artificial Intelligence For IT Operations Platform Market:
By Offering: Platform, Domain-Centric, Monitoring-centric AIOps, ITSM centric-AIOps, Data-Lake centric-AIOps, Domain-Agnostic, Services, Professional Services, Managed Services
By Application: Infrastructure Management, Application Performance Analysis, Real-Time Analytics, Network & Security Management, Others
By Deployment: Cloud, On-premises
By Organization Size: Large Enterprises, SMEs
By End-User: IT & Telecom, Retail & E-Commerce, Energy & Utilities, Media & Entertainment, BFSI, Healthcare & Life Sciences, Government & Defense, Transportation and Logistics, Manufacturing, Others
Regional Analysis for Artificial Intelligence For IT Operations Platform Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter’s five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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People Also Ask:
➠ What is the global sales, production, consumption, import, and export value of the Artificial Intelligence For IT Operations Platform market?
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➠ What opportunities and challenges do vendors in the global Artificial Intelligence For IT Operations Platform industry face?
➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?
➠ What are the key factors and limitations affecting the growth of the Artificial Intelligence For IT Operations Platform market?
➠ What are the various sales, marketing, and distribution channels in the global industry?
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