Frequently asked questions
The AIOps market is expected to grow from US$ 4.4 billion in 2020 to US$ 15.8 billion by 2027, with a CAGR of 20.1% from 2020 to 2027.
Some of the market’s main potential prospects include exponentially growing data, an increasing business need for holistic 360° visibility, and increased investments in AIOps technology.
Growing Demand of AI-Based Services for IT Operations, Increasing Shift of Organizations’ Core Business to the Cloud, Increasing End-To-End Business Application Assurance and Uptime are some of the driving factors of the market.
North America dominated the AIOps market in 2020 and is anticipated to dominate throughout the forecast period.
The market is expected to be dominated by the BFSI segment.