Report : North America AIOps Platform Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Component (Platforms and Services), Deployment (On-premises and Cloud), Organization Size (SMEs and Large Enterprises), and Vertical (BFSI, Telecom and IT, Manufacturing, Government, and Others)
Platforms Segment to Dominate North America AIOps Platform Market During 2021–2028
According to a new market research study on “North America AIOps Platform Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Component, Deployment, Organization Size, and Vertical” is expected to reach US$ 8,810.61 million by 2028 from US$ 1,238.17 million in 2021. The market is estimated to grow at a CAGR of 32.4% from 2021 to 2028. The report provides trends prevailing in the North America AIOps platform market along with the drivers and restraints pertaining to the market growth. IT data exceeding human scale and need for resource optimization are the major factor driving the growth of the North America AIOps platform market. However, concerns regarding the adoption of modern solution over traditional methodology hinders the growth of North America AIOps platform market.
The North America AIOps platform market is segmented based on component, deployment, organization size, vertical, and country. Based on component, the North America AIOps platform market is segmented into platform and services. The platform segment dominated the market in 2020 and same segment is expected to be fastest growing during forecast period. Based on deployment, the North America AIOps platform market is segmented into on-premises and cloud. The cloud segment dominated the market in 2020 and same segment is expected to be fastest growing during forecast period. Based on organization size, the North America AIOps platform market is segmented into SMEs and large enterprises. The large enterprises segment dominated the market in 2020 and SMEs segment is expected to be fastest growing during forecast period. Based on vertical, the North America AIOps platform market is segmented into BFSI, IT and telecom, manufacturing, government, and others. The BFSI segment dominated the market in 2020 and others segment is expected to be fastest growing during forecast period. Based on country, the North America AIOps platform market is segmented into the US, Canada, and Mexico.
AppDynamics; BMC Software, Inc.; Broadcom Inc.; Dynatrace LLC; HCL Technologies; IBM Corporation; Micro Focus; Moogsoft Inc.; Resolve Systems, LLC; and Splunk, Inc. are among the leading companies in the North America AIOps platform market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2021, IBM Corporation and NeuReality partnered up to develop AI inference platforms. Both companies will evaluate NeuReality products for use in IBM's hybrid cloud, including systems flows, AI use cases, networking, virtualization, and security, among other products.
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