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. AppDynamics
2. BMC Software, Inc.
3. Broadcom Inc.
4. Dynatrace LLC
5. HCL Technologies
6. IBM Corporation
7. Micro Focus
8. Moogsoft Inc.
9. Resolve Systems, LLC  
10. Splunk, Inc.

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