Market Overview

$11 Billion AIOps Platform Market by Component, Service, Application, Vertical, and Region - Global Forecast to 2023 -


The "AIOps
Platform Market by Component, Service (Implementation, Consulting, and
Managed Services), Application (Real-time Analytics, Infrastructure
Management, and Application Performance Management), Vertical, and
Region - Global Forecast to 2023"
report has been added to's

The global AIOps market size is expected to grow from USD 2.55 billion
in 2018 to USD 11.02 billion by 2023, at a Compound Annual Growth Rate
(CAGR) of 34.0% during the forecast period.

Major growth factors for the market include the growing demand for
AI-based services in IT operations, increasing shift of organizations'
core business toward the cloud, and increasing end-to-end business
application assurance and uptime. In addition, increasing investments in
the AIOps technology is also a key growth factor for the market.
However, lack of skilled professionals may restrain the market growth.

AIOps platform encompasses a combination of various AI strategies
including data output, aggregation, analytics, algorithms, automation
and orchestration, ML, and visualization. These platforms enable the use
of multiple sources of data, data collection methods, and analytical and
presentation technologies. The platform provides multiple IT operations
disciplines with advanced analytical capabilities directly and

The platform is centralized and flexible, and helps to deliver data
insights continuously provided by automated algorithmic ML capability
analyzing unprecedented amounts of data. To use these technologies,
AIOps platforms contain multiple layers that address different
functionalities, such as data collection and storage, analytical tools,
visualization, and integrations with other applications and services.

Managed services offerings have been evolved, owing to technological
advancements, such as AIOps applications which allow IT professionals to
operate beyond the usual specialized scenarios and expand into more
complex and heterogeneous business environments. These services refer to
the outsourcing of in-house functionalities, so that they can be managed
by third-party Managed Service Providers (MSPs).

Managed services include consulting, integration, and maintenance of
deployed solutions. An MSP is a third-party contractor who delivers
network-based services, applications, and equipment to enterprises,
residences, and other service providers. MSPs manage and assume full
responsibility for offering a defined set of services to their clients.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 AIOps Platform Market, By Component

7 Market By Service

8 Market By Application

9 AIOps Platform Market, By Organization Size

10 Market By Deployment

11 AIOps Platform Market, By Vertical

12 AIOps Platform Market, By Region

13 Competitive Landscape

14 Company Profiles

  • AIMS Innovation
  • AppDynamics
  • Appnomic Systems
  • BMC Software
  • CA Technologies
  • CloudFabrix
  • Correlsense
  • Corvil
  • Devo
  • Dynatrace
  • ExtraHop
  • FixStream
  • GAVS Technologies
  • Grok
  • HCL Technologies
  • IBM
  • Interlink Software
  • ITRS
  • Loom Systems
  • Micro Focus
  • Moogsoft
  • OpsDataStore
  • Splunk
  • Tech Mahindra
  • VMware

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