Global Artificial Intelligence For IT Operations Platform Market Report By Offering (Platform, Service), By Application (Infrastructure Management, Application Performance Analysis, Real-Time Analytics, Network & Security Management, Others), By Deployment Mode (Cloud, On-premise), By Organization Size (SMEs, Large Enterprises), By Vertical (BFSI, Healthcare & Life Sciences, Retail & E-commerce, IT & Telecom, Energy & Utilities, Government & Public Sector, Media & Entertainment, Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2023-2032

The global demand for Artificial Intelligence For IT Operations Platform Market is presumed to reach the market size of nearly USD 27.05 MN by 2028 from USD 8.1 MN in 2021 with a CAGR of 18.8% under the study period 2022 - 2028.

Artificial intelligence for IT Operation platforms refers to the application of big data analytics and other artificial intelligence technologies to automate the operations of IT and resolve common IT issues. It automates routine tasks, highlights serious issues as well as streamlines the interaction between data centres and teams. It uses a conglomeration of different AI strategies such as data output, aggregation, algorithms, automation and orchestration, machine learning and visualization etc. It assists in managing the increasing volume and complexities of data. It turns the data generated by IT systems into meaningful insights. Other key uses of AIOps include event correlation and analysis and IT service management. 

Market Dynamics 

The key factor driving the demand for artificial intelligence for IT Operation platforms is the high adoption of machine learning for the management of infrastructure in IT environments. The fulfilment of adequate speed and agility required for the business is another factor surging the demand for this market. The leading players in the market are concentrating on leveraging AI and machine learning technologies and improving productivity in IT operations. Increasing government initiatives to boost artificial intelligence in IT solutions is fostering the demand for this market. Growing demand for image recognition systems and increased data growth are augmenting the demand for this market. However, the increasing number of changes in IT operations and the complexities of IT architecture may hinder the growth of this market.

The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of artificial intelligence for it operations platform. The growth and trends of artificial intelligence for it operations platform industry provide a holistic approach to this study. 

Market Segmentation

This section of the artificial intelligence for it operations platform market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities. 

By Offering

• Platform
• Service

By Application

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

By Deployment Mode

• Cloud
• On-Premise

By Organization Size

• SMEs
• Large Enterprises

By Vertical

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

Regional Analysis

This section covers the regional outlook, which accentuates current and future demand for the Artificial Intelligence For IT Operations Platform market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

Global Artificial Intelligence For IT Operations Platform Market Share by Region (Representative Graph)

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the artificial intelligence for it operations platform market include AppDynamics, BMC Software, Inc., Broadcom, HCL Technologies Limited, International Business Machines Corporation, Micro Focus, Moogsoft, Prophet Stor Data Services, Inc., Resolve Systems, Splunk Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.