Application (Real-time Analytics, Infrastructure Management, Application Performance Management)
The real-time analytics segment in the AIOps market is anticipated to have the largest revenue share of 35% during the forecast period. The growth of the segment can be impelled by the AIOps platforms' ability to analyze massive amounts of data from numerous sources while also applying a variety of algorithms to the data in real-time to give real-time pattern diagnosis This platform assists in obtaining timely issue analysis and diagnosis as well as practical insights. The meantime to identify and fix is shortened. Real-time analytics help organizations correlate performance problems and infrastructure modifications to incident tickets by revealing trends.
Vertical (Telecom & IT, BFSI, Healthcare)
The BFSI segment holds more than 42% of the AIOps market share during the forecasted timeline. The quick adoption of AIOps in the sector, particularly for ensuring financial & banking-related data security, is attributed to the segment’s growth in the market. Moreover, AI has several uses in banking and financial IT operations, such as real-time analytics, troubleshooting difficult IT problems, and banking automation. Financial institutions may efficiently optimize their processes, increase overall efficiency, and improve security for their sensitive data by utilizing the potential of AI.
Our in-depth analysis of the global market includes the following segments:
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Author Credits: Abhishek Verma
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