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)
The North America AIOps platform market is expected to grow from US$ 1,238.17 million in 2021 to US$ 8,810.61 million by 2028; it is estimated to grow at a CAGR of 32.4% from 2021 to 2028.
In dynamic, elastic contexts, traditional ways of controlling IT complexity—offline, manual activities requiring human intervention—do not even operate. It is no longer possible to track and manage this complexity by manual, human monitoring. For years, ITOps has exceeded human scale, and the situation is only getting worse. Organizations want their critical applications to be available and operate well. They are also seeking a highly automated setup, that makes it easier to make clear decisions about new product development by leveraging classified data. Hence, the introduction of the AIOps platform has catered to these demands. AIOps platforms consolidate all applications and infrastructure operations into a single management portal with a dashboard view. Studies claim that AIOps can automatically perform 90% of the operative tasks, and human interaction is required only for 10% of tasks. Hence, the growing digital data, coupled with premium support offered by the AIOps platform, is driving the AIOps platform market. AIOps are beneficial for any company wishing to modernize to a digital platform that incorporates cutting-edge automation, analytics, artificial intelligence, and machine learning technologies. AIOps systems decrease the flood of warnings and can perform everyday tasks such as backups, server restarts, and low-risk maintenance. AIOps are expected to become widely used and mainstream soon, which will drive the market in the coming years.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely
to drive the North America AIOps platform market. The North America AIOps platform market is expected to grow at a good CAGR during the forecast period.
North America AIOps Platform Market Revenue and Forecast to 2028 (US$ Million)
North America AIOps Platform Market Segmentation
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 the same segment is expected to grow at a faster rate during the 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 the same segment is anticipated to grow faster during the 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 the SMEs segment is expected to grow faster during the 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 the others segment is expected to be the fastest-growing during the 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.
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 North America AIOps Platform Market – By Component
1.3.2 North America AIOps Platform Market – By Deployment
1.3.3 North America AIOps Platform Market – By Organization Size
1.3.4 North America AIOps Platform Market – By Vertical
1.3.5 North America AIOps Platform Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America AIOps Platform Market Landscape
4.1 Market Overview
4.2 North America PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. North America AIOps Platform Market- Key Market Dynamics
5.1 Market Drivers
5.1.1 IT Data Exceeding Human Scale
5.1.2 Growing Need for Resource Optimization
5.2 Market Restraints
5.2.1 Issue Regarding the Adoption of Modern Solution Over Traditional Methodology
5.3 Market Opportunities
5.3.1 Increasing Data across the Region
5.4 Future Trends
5.4.1 Amalgamation of AIOps Platform with Observability Platforms
5.5 Impact Analysis of Drivers and Restraints
6. AIOps Platform Market – North America Analysis
6.1 North America AIOps Platform Market Overview
6.2 North America AIOps Platform Market Forecast and Analysis
7. North America AIOps Platform Market Analysis – By Component
7.1 Overview
7.1.1 North America AIOps Platform Market, by Component (2020 and 2028)
7.2 Platform
7.2.1 Overview
7.2.2 Platform: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
7.3 Services
7.3.1 Overview
7.3.2 Services: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
8. North America AIOps Platform Market Analysis – By Deployment
8.1 Overview
8.2 North America AIOps Platform, by Deployment (2020 and 2028)
8.3 On-Premises
8.3.1 Overview
8.3.2 On-Premises: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Cloud-based
8.4.1 Overview
8.4.2 Cloud-based: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
9. North America AIOps Platform Market Analysis – By Organization Size
9.1 Overview
9.1.1 North America AIOps Platform Market, by Organization Size (2020 and 2028)
9.2 Small and Medium Enterprises
9.2.1 Overview
9.2.2 Small and Medium Enterprises: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
9.3 Large Enterprises
9.3.1 Overview
9.3.2 Large Enterprises: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
10. North America AIOps Platform Market Analysis – By Vertical
10.1 Overview
10.1.1 North America AIOps Platform Market, by Vertical (2020 and 2028)
10.2 BFSI
10.2.1 Overview
10.2.2 BFSI: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
10.3 IT And Telecom
10.3.1 Overview
10.3.2 IT And Telecom: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
10.4 Manufacturing
10.4.1 Overview
10.4.2 Manufacturing: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
10.5 Government
10.5.1 Overview
10.5.2 Government: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
10.6 Others
10.6.1 Overview
10.6.2 Others: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
11. North America AIOps Platform Market – Country Analysis
11.1 Overview
11.1.1 North America: AIOps Platform Market, by Key Country
11.1.1.1 US: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.1.1 US: AIOps Platform Market, By Component
11.1.1.1.2 US: AIOps Platform Market, By Deployment
11.1.1.1.3 US: AIOps Platform Market, By Organization Size
11.1.1.1.4 US: AIOps Platform Market, By Vertical
11.1.1.2 Canada: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.2.1 Canada: AIOps Platform Market, By Component
11.1.1.2.2 Canada: AIOps Platform Market, By Deployment
11.1.1.2.3 Canada: AIOps Platform Market, By Organization Size
11.1.1.2.4 Canada: AIOps Platform Market, By Vertical
11.1.1.3 Mexico: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.3.1 Mexico: AIOps Platform Market, By Component
11.1.1.3.2 Mexico: AIOps Platform Market, By Deployment
11.1.1.3.3 Mexico: AIOps Platform Market, By Organization Size
11.1.1.3.4 Mexico: AIOps Platform Market, By Vertical
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 Merger and Acquisition
12.4 New Development
13. Company Profiles
13.1 BMC Software, Inc.
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 IBM Corporation
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 AppDynamics
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Broadcom Inc.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Dynatrace LLC
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 HCL Technologies
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Micro Focus
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Moogsoft Inc.
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Resolve Systems, LLC
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Splunk, Inc.
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Glossary
LIST OF TABLES
Table 1. North America AIOps Platform Market, Revenue and Forecast, 2019–2028 (US$ Mn)
Table 2. North America: AIOps Platform Market, by Country – Revenue and Forecast to 2028 (US$ Million)
Table 3. US: AIOps Platform Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 4. US: AIOps Platform Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)
Table 5. US: AIOps Platform Market, By Organization Size – Revenue and Forecast to 2028 (US$ Million)
Table 6. US: AIOps Platform Market, By Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 7. Canada: AIOps Platform Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 8. Canada: AIOps Platform Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)
Table 9. Canada: AIOps Platform Market, By Organization Size – Revenue and Forecast to 2028 (US$ Million)
Table 10. Canada: AIOps Platform Market, By Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 11. Mexico: AIOps Platform Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 12. Mexico: AIOps Platform Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)
Table 13. Mexico: AIOps Platform Market, By Organization Size – Revenue and Forecast to 2028 (US$ Million)
Table 14. Mexico: AIOps Platform Market, By Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 15. Glossary of Terms
LIST OF FIGURES
Figure 1. North America AIOps Platform Market Segmentation
Figure 2. North America AIOps Platform Market Segmentation – By Country
Figure 3. North America AIOps Platform Market Overview
Figure 4. North America AIOps Platform Market, By Component
Figure 5. North America AIOps Platform Market, By Country
Figure 6. North America: PEST Analysis
Figure 7. North America AIOps Platform Market Ecosystem Analysis
Figure 8. Expert Opinion
Figure 9. North America AIOps Platform Market Impact Analysis of Drivers and Restraints
Figure 10. North America AIOps Platform Market, Forecast and Analysis (US$ Mn)
Figure 11. North America AIOps Platform Market Revenue Share, by Component (2020 and 2028)
Figure 12. North America Platform: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. North America Services: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. North America AIOps Platform Market Revenue Share, by Deployment (2020 and 2028)
Figure 15. North America On-Premises: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. North America Cloud-based: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. North America AIOps Platform Market Revenue Share, by Organization Size (2020 and 2028)
Figure 18. North America Small and Medium Enterprises: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. North America Large Enterprises: AIOps Platform Market– Revenue and Forecast to 2028 (US$ Million)
Figure 20. North America AIOps Platform Market Revenue Share, by Vertical (2020 and 2028)
Figure 21. North America BFSI: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. North America IT And Telecom: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. North America Manufacturing: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. North America Government: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. North America Others: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. North America: AIOps Platform Market, by Key Country – Revenue (2020) (US$ Million)
Figure 27. North America: AIOps Platform Market Revenue Share, by Key Country (2020 & 2028)
Figure 28. US: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. Canada: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. Mexico: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
- AppDynamics
- BMC Software, Inc.
- Broadcom Inc.
- Dynatrace LLC
- HCL Technologies
- IBM Corporation
- Micro Focus
- Moogsoft Inc.
- Resolve Systems, LLC
- Splunk, Inc.
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America AIOps platform market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the North America AIOps platform market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth North America market trends and outlook coupled with the factors driving the AIOps platform market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution