Europe 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 Europe AIOps platform market is expected to grow from US$ 800.22 million in 2021 to US$ 5,302.31 million by 2028; it is estimated to grow at a CAGR of 31.0% from 2021 to 2028.
Processes that formerly required human involvement have been automated by installing AIOps platforms, allowing employees to focus on their core tasks. This results in the most efficient use of resources. Resource optimization becomes more important when demand exceeds available resources. AIOps assists enterprises in integrating diverse technologies and reducing the overhead time by automating various procedures. Corporate process automation removes manual quality assurance and execution of procedures and maximizes the use of resources. According to a survey by Smartsheet, 69% of employees believe that automation decreases spare time, and out of which 59% believe if repetitive jobs were automated, they would have more than 6 spare hours each week. Organizations that operate in the information technology market have offices in various parts of the region. As a result, onboarding employees, tracking employee performance, and maintaining employee time and attendance gets complicated. AIOps platform and communication tools make it easier for distant teams and personnel to manage projects from a long distance. AIOps platform also aids in the automation and streamlining of HR activities. According to Wynhurst Group, a structured onboarding program helps firms retain 58% of their employees for at least three years. A good AIOps platform saves money and paves the way to improve business operations. As a result, automated business processes speed up and simplify activities, allowing employees to be more productive, motivated, and engaged at work. Hence, the factors mentioned above boost the growth of the AIOps platform market across the region.
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 Europe AIOps platform market. The Europe AIOps platform market is expected to grow at a good CAGR during the forecast period.
Europe AIOps Platform Market Revenue and Forecast to 2028 (US$ Million)
Europe AIOps Platform Market Segmentation
The Europe AIOps platform market is segmented based on component, deployment, organization size, vertical, and country. Based on component, the Europe 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 faster during the forecast period. Based on deployment, the Europe AIOps platform market is segmented into on-premises and cloud. The cloud segment dominated the market in 2020, and the same segment is expected to grow at a faster rate during the forecast period. Based on organization size, the Europe AIOps platform market is segmented into SMEs and large enterprises. The large enterprises segment dominated the market in 2020, and the SMEs segment is anticipated to grow faster during the forecast period. Based on vertical, the Europe 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 segment during the forecast period. Based on country, the Europe AIOps platform market is segmented into the UK, Germany, France, Italy, Russia, and the Rest of Europe.
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 Europe 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 Europe AIOps Platform Market – By Component
1.3.2 Europe AIOps Platform Market – By Deployment
1.3.3 Europe AIOps Platform Market – By Organization Size
1.3.4 Europe AIOps Platform Market – By Vertical
1.3.5 Europe AIOps Platform Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe AIOps Platform Market Landscape
4.1 Market Overview
4.2 Europe PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Europe AIOps Platform Market- Key Market Dynamics
5.1 Market Drivers
5.1.1 IT Data Exceeding Human Scale
5.1.2 Rising Need for Resource Optimization
5.2 Market Restraints
5.2.1 Concerns Regarding the Adoption of Modern Solution Over Traditional Methodology
5.3 Market Opportunities
5.3.1 Surging Data across the Region
5.4 Future Trends
5.4.1 Combination of AIOps Platform with Observability Platforms
5.5 Impact Analysis of Drivers and Restraints
6. AIOps Platform Market – Europe Analysis
6.1 Europe AIOps Platform Market Overview
6.2 Europe AIOps Platform Market Forecast and Analysis
7. Europe AIOps Platform Market Analysis – By Component
7.1 Overview
7.1.1 Europe 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. Europe AIOps Platform Market Analysis – By Deployment
8.1 Overview
8.2 Europe 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. Europe AIOps Platform Market Analysis – By Organization Size
9.1 Overview
9.1.1 Europe 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. Europe AIOps Platform Market Analysis – By Vertical
10.1 Overview
10.1.1 Europe 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. Europe AIOps Platform Market – Country Analysis
11.1 Overview
11.1.1 Europe: AIOps Platform Market, by Key Country
11.1.1.1 Germany: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.1.1 Germany: AIOps Platform Market, By Component
11.1.1.1.2 Germany: AIOps Platform Market, By Deployment
11.1.1.1.3 Germany: AIOps Platform Market, By Organization Size
11.1.1.1.4 Germany: AIOps Platform Market, By Vertical
11.1.1.2 UK: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.2.1 UK: AIOps Platform Market, By Component
11.1.1.2.2 UK: AIOps Platform Market, By Deployment
11.1.1.2.3 UK: AIOps Platform Market, By Organization Size
11.1.1.2.4 UK: AIOps Platform Market, By Vertical
11.1.1.3 France: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.3.1 France: AIOps Platform Market, By Component
11.1.1.3.2 France: AIOps Platform Market, By Deployment
11.1.1.3.3 France: AIOps Platform Market, By Organization Size
11.1.1.3.4 France: AIOps Platform Market, By Vertical
11.1.1.4 Italy: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.4.1 Italy: AIOps Platform Market, By Component
11.1.1.4.2 Italy: AIOps Platform Market, By Deployment
11.1.1.4.3 Italy: AIOps Platform Market, By Organization Size
11.1.1.4.4 Italy: AIOps Platform Market, By Vertical
11.1.1.5 Russia: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.5.1 Russia: AIOps Platform Market, By Component
11.1.1.5.2 Russia: AIOps Platform Market, By Deployment
11.1.1.5.3 Russia: AIOps Platform Market, By Organization Size
11.1.1.5.4 Russia: AIOps Platform Market, By Vertical
11.1.1.6 Rest of Europe: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.6.1 Rest of Europe: AIOps Platform Market, By Component
11.1.1.6.2 Rest of Europe: AIOps Platform Market, By Deployment
11.1.1.6.3 Rest of Europe: AIOps Platform Market, By Organization Size
11.1.1.6.4 Rest of Europe: 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. Europe AIOps Platform Market, Revenue and Forecast, 2019–2028 (US$ Mn)
Table 2. Europe: AIOps Platform Market, by Country – Revenue and Forecast to 2028 (US$ Million)
Table 3. Germany: AIOps Platform Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 4. Germany: AIOps Platform Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)
Table 5. Germany: AIOps Platform Market, By Organization Size – Revenue and Forecast to 2028 (US$ Million)
Table 6. Germany: AIOps Platform Market, By Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 7. UK: AIOps Platform Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 8. UK: AIOps Platform Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)
Table 9. UK: AIOps Platform Market, By Organization Size – Revenue and Forecast to 2028 (US$ Million)
Table 10. UK: AIOps Platform Market, By Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 11. France: AIOps Platform Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 12. France: AIOps Platform Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)
Table 13. France: AIOps Platform Market, By Organization Size – Revenue and Forecast to 2028 (US$ Million)
Table 14. France: AIOps Platform Market, By Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 15. Italy: AIOps Platform Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 16. Italy: AIOps Platform Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)
Table 17. Italy: AIOps Platform Market, By Organization Size – Revenue and Forecast to 2028 (US$ Million)
Table 18. Italy: AIOps Platform Market, By Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 19. Russia: AIOps Platform Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 20. Russia: AIOps Platform Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)
Table 21. Russia: AIOps Platform Market, By Organization Size – Revenue and Forecast to 2028 (US$ Million)
Table 22. Russia: AIOps Platform Market, By Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 23. Rest of Europe: AIOps Platform Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 24. Rest of Europe: AIOps Platform Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)
Table 25. Rest of Europe: AIOps Platform Market, By Organization Size – Revenue and Forecast to 2028 (US$ Million)
Table 26. Rest of Europe: AIOps Platform Market, By Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 27. Glossary of Terms
LIST OF FIGURES
Figure 1. Europe AIOps Platform Market Segmentation
Figure 2. Europe AIOps Platform Market Segmentation – By Country
Figure 3. Europe AIOps Platform Market Overview
Figure 4. Europe AIOps Platform Market, By Component
Figure 5. Europe AIOps Platform Market, By Country
Figure 6. Europe: PEST Analysis
Figure 7. Europe AIOps Platform Market Ecosystem Analysis
Figure 8. Expert Opinion
Figure 9. Europe AIOps Platform Market Impact Analysis of Drivers and Restraints
Figure 10. Europe AIOps Platform Market, Forecast and Analysis (US$ Mn)
Figure 11. Europe AIOps Platform Market Revenue Share, by Component (2020 and 2028)
Figure 12. Europe Platform: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. Europe Services: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. Europe AIOps Platform Market Revenue Share, by Deployment (2020 and 2028)
Figure 15. Europe On-Premises: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. Europe Cloud-based: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. Europe AIOps Platform Market Revenue Share, by Organization Size (2020 and 2028)
Figure 18. Europe Small and Medium Enterprises: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. Europe Large Enterprises: AIOps Platform Market– Revenue and Forecast to 2028 (US$ Million)
Figure 20. Europe AIOps Platform Market Revenue Share, by Vertical (2020 and 2028)
Figure 21. Europe BFSI: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Europe IT And Telecom: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Europe Manufacturing: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Europe Government: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Europe Others: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Europe: AIOps Platform Market, by Key Country – Revenue (2020) (US$ Million)
Figure 27. Europe: AIOps Platform Market Revenue Share, by Key Country (2020 & 2028)
Figure 28. Germany: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. UK: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. France: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. Italy: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. Russia: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 33. Rest of Europe: 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 Europe 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 Europe 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 Europe 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