In-Depth Insights into the AIOps Market: Growth, Trends, and Opportunities for 2025-2034
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How has the aiops market grown in recent years?
In recent times, the AIOps market has seen exponential expansion. Its size is projected to swell from $8.91 billion in 2024 to $11.16 billion in 2025, registering a compound annual growth rate (CAGR) of 25.3%. Factors driving growth during the historical period include regulatory compliance requisites, the increased uptake of containerization and microservices, focused root cause analysis, commitment to cost reduction and efficiency improvements, and heightened expectations for user experience.
How is the aiops market size expected to evolve during the forecast period?
Expectations for the AIOps market size project an exponential surge in the upcoming years, with an anticipated growth to $32.56 billion by 2029, signifying a compound annual growth rate (CAGR) of 30.7%. The progression anticipated during the forecast span is credited to advancements in containerization and microservices management, a continual uptick in alert volume and false positives, along with an increased acceptance of agile and DevOps practices. The forecast period also identifies key trends, including DevOps practices integration, a shift towards proactive problem resolution, improved user experience monitoring, advanced predictive insight analytics, hybrid and multi-cloud management, along with context-aware incident management.
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Which key drivers are propelling the aiops market’s growth?
The AIOps market is being propelled by the emerging use of artificial intelligence. AI, which mimics human thought processes and actions, enhances organizations in a myriad of ways, such as by revolutionizing customer experiences to automating monotonous tasks. It efficiently handles large and growing volumes of data generated by IT infrastructure elements, filtering out irrelevant data to detect events and patterns linked to issues with the availability and performance of applications. The workload becomes less cumbersome and efficiency increases due to the deployment of AI in organizations. For example, predictions from a US-based IT service and content creation and analysis firm, the Gradient Flow, in April 2024 suggest that AI usage is rapidly amplifying, with a rise from 3.7% of companies implementing it in the autumn of 2023 to 5.4% by February 2024. Consequently, the escalating incorporation of AI across multiple sectors is projected to stimulate the AIOps demand during the anticipated period.
What are the market segments in the aiops industry?
The AIOps market covered in this report is segmented –
1) By Component: Platform, Services
2) By Organization Size: Small and Medium Enterprises, Large Enterprise
3) By Deployment Mode: On Premise, Cloud
4) By Application: Real-Time Analytics, Infrastructure Management, Network & Security Management, Application Performance Management, Other Applications
5) By End-Use: Banking, Financial Services, and Insurance (BFSI), Information Technology (IT) & Telecom, Healthcare, Retail, Government, Manufacturing, Media & entertainment, Other End Users
Subsegments:
1) By Platform: AIOps Software, Analytics And Visualization Tools, Automation And Orchestration Tools, Incident Management Tools, Integration And API Management Tools
2) By Services: Consulting Services, Implementation Services, Support And Maintenance Services, Training And Education Services
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Which leading companies are shaping the growth of the aiops market?
Major companies operating in the AIOps market include BMC Software Inc, IBM Corporation, Moogsoft Inc, Splunk Inc, Appdynamics LLC (Cisco Systems Inc), Sumo Logic Inc., Dynatrace LLC, Extrahop Networks Inc., New Relic Inc., Resolve Systems LLC, Stackstate BV, CA Technologies, Micro Focus International plc, Dell Inc., Broadcom Inc., ScienceLogic, Correlata Solutions, Loom Systems, OpsRamp Inc., PagerDuty Inc., BigPanda Inc., Datadog Inc., Elastic N. V., LogicMonitor Inc., Zoho Corporation, Netreo Inc., Atlassian Corporation Plc, Opsview Ltd., Microsoft Azure AI, Google LLC
What key trends are currently impacting the aiops market’s development?
Forming strategic alliances is an increasing trend being noticed in the AIOps market. Companies in the AIOps domain are placing emphasis on forming such alliances to broaden their product innovation ventures and make headway into new markets. Take for example, the April 2023 collaboration between IBM Consulting, a US-based IT services company, and CloudFabrix, a data-centric AIOps platform provider also based in the US. This partnership enables both entities to assist clients in implementing advanced IT operations applications such as comprehensive observability across the enterprise, composable in-place search, and asset intelligence analytics by integrating data, AI, and automation.
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Which geographic areas are influencing the growth of the aiops market?
North America was the largest region in the AIOps market in 2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the AIOps market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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