Artificial Intelligence (AI) For IT Operations Platform Market (By Offering Outlook- Platform, and Service. By Application- Infrastructure Management, Application Performance Analysis, Real-Time Analytics, Network & Security Management, and Others. By Deployment Mode- Cloud, and On-Premises. By Vertical- BFSI, Healthcare & Life Sciences, Retail & E-Commerce, IT & Telecom, Energy & Utilities, Government & Public Sector, Media & Entertainment, and Others. By Geography-North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Industry analysis, size, share, growth, trends, and forecast, 2021 - 2031.

The Global Artificial Intelligence (AI) For IT Operations Platform Market was valued at $3.2 Billion in 2020. Growing at a high CAGR of more than 18.7% between 2021 and 2031, it is estimated to reach $23.3 Billion by 2031. However, the current pandemic of COVID-19 might make a slight difference in the growth rate in the present year. The AI or Artificial Intelligence for IT Operations or AIOps platform contextualizes and correlates data across various customers, applications, infrastructure, and network services. However, the Advanced use of the AIOps platform and digital experience monitoring tools among large enterprises for application monitoring and infrastructure is expected to drive the market growth over the forecast period. Now, moving forward, the robust demand for the global Artificial Intelligence (AI) For IT Operations Platform market in the It operation department is further estimated to create new necessities and augment the market of growth over the forecast period of 2021-2031. 

Global Artificial Intelligence (AI) For IT Operations Platform Segment Is Estimated to Witness Remarkable Growth

Source: SAI Research

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The Artificial Intelligence (AI) For IT Operations Platform market is segmented as offering outlook application, deployment model, and vertical. Based on Offering Outlook, the global Artificial Intelligence (AI) For IT Operations Platform market has been bifurcated as Platform and Service. Based on Application, the global Artificial Intelligence (AI) For IT Operations Platform market is divided into Infrastructure Management, Application Performance Analysis, Real-Time Analytics, Network & Security Management, and Others. Based on Deployment Mode, the global Artificial Intelligence (AI) For IT Operations Platform market has been segmented as Cloud and On-Premises. Based on Vertical, the global Artificial Intelligence (AI) For IT Operations Platform market has been bifurcated as BFSI, Healthcare & Life Sciences, Retail & E-Commerce, IT & Telecom, Energy & Utilities, Government & Public Sector, Media & Entertainment, and Others.

By Region, North America is Holding the Major Market Share

The Artificial Intelligence (AI) For IT Operations Platform Market has been geographically segmented into North America, Asia Pacific, Latin America, Middle East, Europe, and Africa region. In addition to this, North America has a significant share among those regions. Shifting production bases from developed regions to emerging economics of this region is expected to propel the market. The growing demand for IT operation platforms and increasing investment are the factors in the development of the market. Increasing disposal incomes and other potential factors drive the market over the forecast period. Apart from that, the Asia Pacific and the Rest of the regions are expected to increase the growth rate in the upcoming forecast period of 2021 to 2031. 

Major Players in the Global Artificial Intelligence (AI) For IT Operations Platform Market

The report covers a detailed outlook about the company, and it includes the company or industry profiles and market share of key players operating in the global market. Key players in the report include AppDynamics, BMC Software, Inc., Broadcom, HCL Technologies Limited, International Business Machines Corporation, Micro Focus, Moogsoft, ProphetStor Data Services, Inc., Resolve Systems, Splunk Inc., VMware, Inc., IBM, CA Technologies, FixStream, and Correlsense among others.

Scope of the Report:

The Global Artificial Intelligence (AI) For IT Operations Platform Market Has Been Segmented into:

Global Artificial Intelligence (AI) For IT Operations Platform Market: By Offering Outlook

• Platform
• Service

Global Artificial Intelligence (AI) For IT Operations Platform Market: By Application

• Infrastructure Management
• Application Performance Analysis
• Real-Time Analytics
• Network & Security Management
• Others

Global Artificial Intelligence (AI) For IT Operations Platform Market: By Deployment Mode

• Cloud
• On-Premises

Global Artificial Intelligence (AI) For IT Operations Platform Market: By Vertical

• BFSI
• Healthcare & Life Sciences
• Retail & E-Commerce
• IT & Telecom
• Energy & Utilities
• Government & Public Sector
• Media & Entertainment
• Others

Global Artificial Intelligence (AI) For IT Operations Platform Market: By Region

• North America
  • USA
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • UK
  • Germany
  • France
  • Spain
  • Italy
  • Russia
  • Rest of Europe
• Asia Pacific
  • India
  • China
  • Japan
  • South Korea
  • Rest of Asia Pacific
• Latin America, Middle East & Africa
  • Brazil
  • South Africa
  • UAE
  • Rest of LAMEA