[Research Report] The global AIOps platform market size is expected to grow from US$ 2,831.2 million in 2021 to US$ 19,933.5 million by 2028. It is estimated to grow at a CAGR of 32.2% from 2021 to 2028.
North America is expected to account for the majority of global revenue of the AIOps platform market. AI-based financial advising consumer applications are gaining traction in the US to help people make better investment decisions. This can be attributable to the region's abundance AIOps platform suppliers. AIOps platforms are being developed by several enterprises, including tech start-ups and industry leaders. The region's use of AIOps platforms is fueled by substantial R&D spending and continuous digital transformation in wealthy nations.
The quantity of data created, recorded, duplicated, and consumed in the world increased from 1.2 trillion gigabytes to 59 trillion gigabytes between 2010 and 2020 and is projected to grow to more than 180 zettabytes by 2025. This growth is attributed to the enormous increase in people working, studying, and researching. However, only 2% of the data was saved and kept until 2021; the remainder was either produced or copied solely for utilization or cached and overwritten with newer data. As a result, businesses are increasingly turning to automation to manage these massive amounts of data. Digitalization is critical for every firm to resume business operations and profit from changing conditions. Having more data helps the company confirm its product and opens up new revenue streams in their overburdened product portfolios. As a result, AI is projected to play a significant role in bifurcating data and offering profitable insights, fueling the AIOps platform market.
Impact of COVID-19 Pandemic on North America AIOps Platform Market
The COVID-19 pandemic had a favorable impact on the North America AIOps Platform Market. The use of the AIOps Platforms to answer queries across various verticals, such as healthcare, BFSI, retail, and e-commerce, surged due to governments’ announcement of lockdown in this region. In addition, the AIOps platform aided several enterprises in establishing stable remote work environments. According to IBM Security Report 2020, in response to COVID-19, approximately 54% of enterprises demanded remote working. With the rising need for cloud-based solutions due to the pandemic, the demand for AIOps platforms is augmenting substantially.
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AIOps Platform Market: Strategic Insights
Market Size Value in US$ 2,831.2 Million in 2021 Market Size Value by US$ 19,933.5 Million by 2028 Growth rate CAGR of 32.2% from 2021 to 2028 Forecast Period 2021-2028 Base Year 2021
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AIOps Platform Market: Strategic Insights
| Market Size Value in | US$ 2,831.2 Million in 2021 |
| Market Size Value by | US$ 19,933.5 Million by 2028 |
| Growth rate | CAGR of 32.2% from 2021 to 2028 |
| Forecast Period | 2021-2028 |
| Base Year | 2021 |
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Lucrative Regions for AIOps Platform Market
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AIOps Platform
Market Insights
IT Data Exceeding Human Scale Boosts AIOps Platform Market Growth
Traditional ways of controlling IT complexity (offline, manual activities requiring human intervention) do not even operate in dynamic, elastic contexts. It is no longer possible to track and manage this complexity by manual, human monitoring. For years, ITOps has exceeded the 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 take clear decisions about new product development by leveraging classified data. Hence, the introduction of the AIOps platforms 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 rise in global digital data and the premium support offered by the AIOps platform are driving the AIOps platform market growth.
AIOps are beneficial for any company wishing to modernize to a digital platform incorporating 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.
Component-based Market Insights
Based on component, the market is segmented into platforms and services. In 2021, the platforms segment led the market with a larger AIOps platform market share.
AIOps Platform Market, by Component, 2020 and 2028 (%)
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Deployment-based Market Insights
AIOps Platform market analysis by deployment, the AIOps Platform market is segmented into on-premises and cloud-based. In 2021, the cloud-based segment accounted for a larger AIOps platform market share.
Organization Size-based Market Insights
AIOps Platform market analysis by organization size, the AIOps Platform market is segmented into small and medium enterprises and large enterprises. In 2021, the large enterprises segment accounted for a more prominent market share.
Vertical-based Market Insights
Based on vertical, the AIOps Platform market is segmented into BFSI, IT & telecom, aerospace and defense, government, transportation, and others. In 2021, the BFSI segment accounted for the largest market share.
The players operating in the AIOps Platform market adopt various strategies, such as mergers, acquisitions, and market initiatives, to maintain their positions in the AIOps Platform market. A few developments by key players are listed below:
- In December 2020, Broadcom launched the latest generation of AIOps, an open platform with artificial intelligence, machine learning, and end-to-end observability that aids organizations in achieving operational excellence. Broadcom's AIOps now include new AI/ML techniques and customizable views for more actionable data. Full-stack observability, DX dashboards, service and alarm analytics, intelligent automation, capacity analytics, and continuous feedback loops are just a few of the new features.
- In February 2021, Operations Bridge – SaaS deployments are flexible and quick, removing the need for ongoing maintenance, complex upgrades, and capital expenditure approvals. Micro Focus has released Operations Bridge – SaaS, a software-as-a-service offering, which combines the company's proven full-stack AIOps platform with the agility of SaaS. This new offering enables IT organizations to gain complete visibility, solve problems faster, automate processes, and transform data into actionable insights.
Company Profiles
- IBM
- AppDynamics
- BMC Software, Inc
- Broadcom Inc
- Dynatrace LLC
- HCL Technologies Limited
- Micro Focus
- Moogsoft Inc.
- Resolve Systems, LLC
- Splunk Inc.
- BigPanda
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Component, Deployment, Organization Size, and Vertical
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
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 3 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.
Businesses are increasingly turning to automation to manage these massive amounts of data. Digitalization is critical for every firm to resume business operations and profit from changing conditions. Having more data helps the company confirm its product and opens up new revenue streams in their overburdened product portfolios. As a result, AI is projected to play a significant role in bifurcating data and offering profitable insights, fueling the AIOps platform market.
In 2020, North America led the market with a substantial revenue share, followed by Europe and Asia Pacific. Asia Pacific is a prospective market for AIOps platform vendors.
The major companies in AIOps platform includes IBM Corporation, BMC, Splunk, Moogsoft and Broadcom Inc.
The global AIOps platform market was dominated by the cloud-based segment led the AIOps platform with a market share of 63.5% in 2020.
The global AIOps platform market was dominated by the platforms segment led the AIOps platform with a market share of 76.5% in 2020.
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Global AIOps Platform Market – By Component
1.3.2 Global AIOps Platform Market – By Deployment
1.3.3 Global AIOps Platform Market – By Organization Size
1.3.4 Global AIOps Platform Market – By Vertical
1.3.5 Global AIOps Platform Market – By Geography
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. AIOps Platform Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 APAC
4.2.4 MEA
4.2.5 SAM
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. AIOps Platform Market- Key Market Dynamics
5.1 Market Drivers
5.1.1 IT Data Exceeding Human Scale
5.1.2 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 Increasing Data Globally
5.4 Future Trends
5.4.1 Integration of AIOps Platform with Observability Platforms
5.5 Impact Analysis of Drivers and Restraints
6. AIOps Platform Market – Global Market Analysis
6.1 Global AIOps Platform Market Overview
6.2 Global AIOps Platform Market Forecast and Analysis
6.3 Market Positioning- Top Five Players
7. AIOps Platform Market Analysis – By Component
7.1 Overview
7.1.1 AIOps Platform, 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. AIOps Platform Market – By Deployment
8.1 Overview
8.2 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)
8.3.3 On-Premises: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Cloud
8.4.1 Overview
8.4.2 Cloud: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
9. AIOps Platform Market – By Organization Size
9.1 Overview
9.1.1 AIOps Platform, 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. AIOps Platform Market – By Vertical
10.1 Overview
10.1.1 AIOps Platform, 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. AIOps Platform Market – Geographic Analysis
11.1 Overview
11.2 North America: AIOps Platform Market
11.2.1 North America: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
11.2.2 North America: AIOps Platform Market, By Component
11.2.3 North America: AIOps Platform Market, By Deployment
11.2.4 North America: AIOps Platform Market, By Organization Size
11.2.5 North America: AIOps Platform Market, By Vertical
11.2.6 North America: AIOps Platform Market, by Key Country
11.2.6.1 US: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
11.2.6.1.1 US: AIOps Platform Market, By Component
11.2.6.1.2 US: AIOps Platform Market, By Deployment
11.2.6.1.3 US: AIOps Platform Market, By Organization Size
11.2.6.1.4 US: AIOps Platform Market, By Vertical
11.2.6.2 Canada: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
11.2.6.2.1 Canada: AIOps Platform Market, By Component
11.2.6.2.2 Canada: AIOps Platform Market, By Deployment
11.2.6.2.3 Canada: AIOps Platform Market, By Organization Size
11.2.6.2.4 Canada: AIOps Platform Market, By Vertical
11.2.6.3 Mexico: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
11.2.6.3.1 Mexico: AIOps Platform Market, By Component
11.2.6.3.2 Mexico: AIOps Platform Market, By Deployment
11.2.6.3.3 Mexico: AIOps Platform Market, By Organization Size
11.2.6.3.4 Mexico: AIOps Platform Market, By Vertical
11.3 Europe: AIOps Platform Market
11.3.1 Europe: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
11.3.2 Europe: AIOps Platform Market, By Component
11.3.3 Europe: AIOps Platform Market, By Deployment
11.3.4 Europe: AIOps Platform Market, By Organization Size
11.3.5 Europe: AIOps Platform Market, By Vertical
11.3.6 Europe: AIOps Platform Market, by Key Country
11.3.6.1 Germany: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
11.3.6.1.1 Germany: AIOps Platform Market, By Component
11.3.6.1.2 Germany: AIOps Platform Market, By Deployment
11.3.6.1.3 Germany: AIOps Platform Market, By Organization Size
11.3.6.1.4 Germany: AIOps Platform Market, By Vertical
11.3.6.2 UK: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
11.3.6.2.1 UK: AIOps Platform Market, By Component
11.3.6.2.2 UK: AIOps Platform Market, By Deployment
11.3.6.2.3 UK: AIOps Platform Market, By Organization Size
11.3.6.2.4 UK: AIOps Platform Market, By Vertical
11.3.6.3 France: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
11.3.6.3.1 France: AIOps Platform Market, By Component
11.3.6.3.2 France: AIOps Platform Market, By Deployment
11.3.6.3.3 France: AIOps Platform Market, By Organization Size
11.3.6.3.4 France: AIOps Platform Market, By Vertical
11.3.6.4 Italy: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
11.3.6.4.1 Italy: AIOps Platform Market, By Component
11.3.6.4.2 Italy: AIOps Platform Market, By Deployment
11.3.6.4.3 Italy: AIOps Platform Market, By Organization Size
11.3.6.4.4 Italy: AIOps Platform Market, By Vertical
11.3.6.5 Russia: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
11.3.6.5.1 Russia: AIOps Platform Market, By Component
11.3.6.5.2 Russia: AIOps Platform Market, By Deployment
11.3.6.5.3 Russia: AIOps Platform Market, By Organization Size
11.3.6.5.4 Russia: AIOps Platform Market, By Vertical
11.3.6.6 Rest of Europe: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
11.3.6.6.1 Rest of Europe: AIOps Platform Market, By Component
11.3.6.6.2 Rest of Europe: AIOps Platform Market, By Deployment
11.3.6.6.3 Rest of Europe: AIOps Platform Market, By Organization Size
11.3.6.6.4 Rest of Europe: AIOps Platform Market, By Vertical
11.4 APAC: AIOps Platform Market
11.4.1 APAC: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
11.4.2 APAC: AIOps Platform Market, By Component
11.4.3 APAC: AIOps Platform Market, By Deployment
11.4.4 APAC: AIOps Platform Market, By Organization Size
11.4.5 APAC: AIOps Platform Market, By Vertical
11.4.6 APAC: AIOps Platform Market, by Key Country
11.4.6.1 Australia: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
11.4.6.1.1 Australia: AIOps Platform Market, By Component
11.4.6.1.2 Australia: AIOps Platform Market, By Deployment
11.4.6.1.3 Australia: AIOps Platform Market, By Organization Size
11.4.6.1.4 Australia: AIOps Platform Market, By Vertical
11.4.6.2 China: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
11.4.6.2.1 China: AIOps Platform Market, By Component
11.4.6.2.2 China: AIOps Platform Market, By Deployment
11.4.6.2.3 China: AIOps Platform Market, By Organization Size
11.4.6.2.4 China: AIOps Platform Market, By Vertical
11.4.6.3 India: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
11.4.6.3.1 India: AIOps Platform Market, By Component
11.4.6.3.2 India: AIOps Platform Market, By Deployment
11.4.6.3.3 India: AIOps Platform Market, By Organization Size
11.4.6.3.4 India: AIOps Platform Market, By Vertical
11.4.6.4 Japan: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
11.4.6.4.1 Japan: AIOps Platform Market, By Component
11.4.6.4.2 Japan: AIOps Platform Market, By Deployment
11.4.6.4.3 Japan: AIOps Platform Market, By Organization Size
11.4.6.4.4 Japan: AIOps Platform Market, By Vertical
11.4.6.5 South Korea: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
11.4.6.5.1 South Korea: AIOps Platform Market, By Component
11.4.6.5.2 South Korea: AIOps Platform Market, By Deployment
11.4.6.5.3 South Korea: AIOps Platform Market, By Organization Size
11.4.6.5.4 South Korea: AIOps Platform Market, By Vertical
11.4.6.6 Rest of APAC: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
11.4.6.6.1 Rest of APAC: AIOps Platform Market, By Component
11.4.6.6.2 Rest of APAC: AIOps Platform Market, By Deployment
11.4.6.6.3 Rest of APAC: AIOps Platform Market, By Organization Size
11.4.6.6.4 Rest of APAC: AIOps Platform Market, By Vertical
11.5 MEA: AIOps Platform Market
11.5.1 MEA: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
11.5.2 MEA: AIOps Platform Market, By Component
11.5.3 MEA: AIOps Platform Market, By Deployment
11.5.4 MEA: AIOps Platform Market, By Organization Size
11.5.5 MEA: AIOps Platform Market, By Vertical
11.5.6 MEA: AIOps Platform Market, by Key Country
11.5.6.1 South Africa: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
11.5.6.1.1 South Africa: AIOps Platform Market, By Component
11.5.6.1.2 South Africa: AIOps Platform Market, By Deployment
11.5.6.1.3 South Africa: AIOps Platform Market, By Organization Size
11.5.6.1.4 South Africa: AIOps Platform Market, By Vertical
11.5.6.2 Saudi Arabia: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
11.5.6.2.1 Saudi Arabia: AIOps Platform Market, By Component
11.5.6.2.2 Saudi Arabia: AIOps Platform Market, By Deployment
11.5.6.2.3 Saudi Arabia: AIOps Platform Market, By Organization Size
11.5.6.2.4 Saudi Arabia: AIOps Platform Market, By Vertical
11.5.6.3 UAE: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
11.5.6.3.1 UAE: AIOps Platform Market, By Component
11.5.6.3.2 UAE: AIOps Platform Market, By Deployment
11.5.6.3.3 UAE: AIOps Platform Market, By Organization Size
11.5.6.3.4 UAE: AIOps Platform Market, By Vertical
11.5.6.4 Rest of MEA: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
11.5.6.4.1 Rest of MEA: AIOps Platform Market, By Component
11.5.6.4.2 Rest of MEA: AIOps Platform Market, By Deployment
11.5.6.4.3 Rest of MEA: AIOps Platform Market, By Organization Size
11.5.6.4.4 Rest of MEA: AIOps Platform Market, By Vertical
11.6 SAM: AIOps Platform Market
11.6.1 SAM: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
11.6.2 SAM: AIOps Platform Market, By Component
11.6.3 SAM: AIOps Platform Market, By Deployment
11.6.4 SAM: AIOps Platform Market, By Organization Size
11.6.5 SAM: AIOps Platform Market, By Vertical
11.6.6 SAM: AIOps Platform Market, by Key Country
11.6.6.1 Brazil: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
11.6.6.1.1 Brazil: AIOps Platform Market, By Component
11.6.6.1.2 Brazil: AIOps Platform Market, By Deployment
11.6.6.1.3 Brazil: AIOps Platform Market, By Organization Size
11.6.6.1.4 Brazil: AIOps Platform Market, By Vertical
11.6.6.2 Argentina: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
11.6.6.2.1 Argentina: AIOps Platform Market, By Component
11.6.6.2.2 Argentina: AIOps Platform Market, By Deployment
11.6.6.2.3 Argentina: AIOps Platform Market, By Organization Size
11.6.6.2.4 Argentina: AIOps Platform Market, By Vertical
11.6.6.3 Rest of SAM: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
11.6.6.3.1 Rest of SAM: AIOps Platform Market, By Component
11.6.6.3.2 Rest of SAM: AIOps Platform Market, By Deployment
11.6.6.3.3 Rest of SAM: AIOps Platform Market, By Organization Size
11.6.6.3.4 Rest of SAM: AIOps Platform Market, By Vertical
12. Impact of COVID-19 Pandemic on AIOps Platform Market
12.1 Overview
12.2 North America: Impact Assessment of COVID-19 Pandemic
12.3 Europe: Impact Assessment of COVID-19 Pandemic
12.4 APAC: Impact Assessment of COVID-19 Pandemic
12.5 MEA: Impact Assessment of COVID-19 Pandemic
12.6 SAM: Impact Assessment of COVID-19 Pandemic
13. Industry Landscape
13.1 Overview
13.2 Market Initiative
13.3 Merger and Acquisition
13.4 New Development
14. Company Profiles
14.1 BMC Software, Inc.
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 IBM Corporation
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 AppDynamics
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 Broadcom Inc.
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 Dynatrace LLC
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 HCL Technologies
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7 Micro Focus
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
14.8 Moogsoft Inc.
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Products and Services
14.8.4 Financial Overview
14.8.5 SWOT Analysis
14.8.6 Key Developments
14.9 Resolve Systems, LLC
14.9.1 Key Facts
14.9.2 Business Description
14.9.3 Products and Services
14.9.4 Financial Overview
14.9.5 SWOT Analysis
14.9.6 Key Developments
14.10 Splunk, Inc.
14.10.1 Key Facts
14.10.2 Business Description
14.10.3 Products and Services
14.10.4 Financial Overview
14.10.5 SWOT Analysis
14.10.6 Key Developments
14.11 BigPanda
14.11.1 Key Facts
14.11.2 Business Description
14.11.3 Products and Services
14.11.4 Financial Overview
14.11.5 SWOT Analysis
14.11.6 Key Developments
15. Appendix
15.1 About The Insight Partners
15.2 Glossary
LIST OF TABLES
Table 1. Global AIOps Platform Market, Revenue and Forecast, 2019–2028 (US$ Mn)
Table 2. North America: AIOps Platform Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 3. North America: AIOps Platform Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)
Table 4. North America: AIOps Platform Market, By Organization Size – Revenue and Forecast to 2028 (US$ Million)
Table 5. North America: AIOps Platform Market, By Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 6. North America: AIOps Platform Market, by Country – Revenue and Forecast to 2028 (US$ Million)
Table 7. US: AIOps Platform Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 8. US: AIOps Platform Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)
Table 9. US: AIOps Platform Market, By Organization Size – Revenue and Forecast to 2028 (US$ Million)
Table 10. US: AIOps Platform Market, By Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 11. Canada: AIOps Platform Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 12. Canada: AIOps Platform Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)
Table 13. Canada: AIOps Platform Market, By Organization Size – Revenue and Forecast to 2028 (US$ Million)
Table 14. Canada: AIOps Platform Market, By Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 15. Mexico: AIOps Platform Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 16. Mexico: AIOps Platform Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)
Table 17. Mexico: AIOps Platform Market, By Organization Size – Revenue and Forecast to 2028 (US$ Million)
Table 18. Mexico: AIOps Platform Market, By Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 19. Europe: AIOps Platform Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 20. Europe: AIOps Platform Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)
Table 21. Europe: AIOps Platform Market, By Organization Size – Revenue and Forecast to 2028 (US$ Million)
Table 22. Europe: AIOps Platform Market, By Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 23. Europe: AIOps Platform Market, by Country – Revenue and Forecast to 2028 (US$ Million)
Table 24. Germany: AIOps Platform Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 25. Germany: AIOps Platform Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)
Table 26. Germany: AIOps Platform Market, By Organization Size – Revenue and Forecast to 2028 (US$ Million)
Table 27. Germany: AIOps Platform Market, By Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 28. UK: AIOps Platform Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 29. UK: AIOps Platform Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)
Table 30. UK: AIOps Platform Market, By Organization Size – Revenue and Forecast to 2028 (US$ Million)
Table 31. UK: AIOps Platform Market, By Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 32. France: AIOps Platform Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 33. France: AIOps Platform Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)
Table 34. France: AIOps Platform Market, By Organization Size – Revenue and Forecast to 2028 (US$ Million)
Table 35. France: AIOps Platform Market, By Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 36. Italy: AIOps Platform Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 37. Italy: AIOps Platform Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)
Table 38. Italy: AIOps Platform Market, By Organization Size – Revenue and Forecast to 2028 (US$ Million)
Table 39. Italy: AIOps Platform Market, By Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 40. Russia: AIOps Platform Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 41. Russia: AIOps Platform Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)
Table 42. Russia: AIOps Platform Market, By Organization Size – Revenue and Forecast to 2028 (US$ Million)
Table 43. Russia: AIOps Platform Market, By Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 44. Rest of Europe: AIOps Platform Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 45. Rest of Europe: AIOps Platform Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)
Table 46. Rest of Europe: AIOps Platform Market, By Organization Size – Revenue and Forecast to 2028 (US$ Million)
Table 47. Rest of Europe: AIOps Platform Market, By Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 48. APAC: AIOps Platform Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 49. APAC: AIOps Platform Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)
Table 50. APAC: AIOps Platform Market, By Organization Size – Revenue and Forecast to 2028 (US$ Million)
Table 51. APAC: AIOps Platform Market, By Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 52. APAC: AIOps Platform Market, by Country – Revenue and Forecast to 2028 (US$ Million)
Table 53. Australia: AIOps Platform Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 54. Australia: AIOps Platform Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)
Table 55. Australia: AIOps Platform Market, By Organization Size – Revenue and Forecast to 2028 (US$ Million)
Table 56. Australia: AIOps Platform Market, By Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 57. China: AIOps Platform Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 58. China: AIOps Platform Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)
Table 59. China: AIOps Platform Market, By Organization Size – Revenue and Forecast to 2028 (US$ Million)
Table 60. China: AIOps Platform Market, By Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 61. India: AIOps Platform Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 62. India: AIOps Platform Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)
Table 63. India: AIOps Platform Market, By Organization Size – Revenue and Forecast to 2028 (US$ Million)
Table 64. India: AIOps Platform Market, By Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 65. Japan: AIOps Platform Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 66. Japan: AIOps Platform Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)
Table 67. Japan: AIOps Platform Market, By Organization Size – Revenue and Forecast to 2028 (US$ Million)
Table 68. Japan: AIOps Platform Market, By Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 69. South Korea: AIOps Platform Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 70. South Korea: AIOps Platform Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)
Table 71. South Korea: AIOps Platform Market, By Organization Size – Revenue and Forecast to 2028 (US$ Million)
Table 72. South Korea: AIOps Platform Market, By Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 73. Rest of APAC: AIOps Platform Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 74. Rest of APAC: AIOps Platform Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)
Table 75. Rest of APAC: AIOps Platform Market, By Organization Size – Revenue and Forecast to 2028 (US$ Million)
Table 76. Rest of APAC: AIOps Platform Market, By Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 77. MEA: AIOps Platform Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 78. MEA: AIOps Platform Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)
Table 79. MEA: AIOps Platform Market, By Organization Size – Revenue and Forecast to 2028 (US$ Million)
Table 80. MEA: AIOps Platform Market, By Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 81. MEA: AIOps Platform Market, by Country – Revenue and Forecast to 2028 (US$ Million)
Table 82. South Africa: AIOps Platform Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 83. South Africa: AIOps Platform Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)
Table 84. South Africa: AIOps Platform Market, By Organization Size – Revenue and Forecast to 2028 (US$ Million)
Table 85. South Africa: AIOps Platform Market, By Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 86. Saudi Arabia: AIOps Platform Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 87. Saudi Arabia: AIOps Platform Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)
Table 88. Saudi Arabia: AIOps Platform Market, By Organization Size – Revenue and Forecast to 2028 (US$ Million)
Table 89. Saudi Arabia: AIOps Platform Market, By Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 90. UAE: AIOps Platform Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 91. UAE: AIOps Platform Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)
Table 92. UAE: AIOps Platform Market, By Organization Size – Revenue and Forecast to 2028 (US$ Million)
Table 93. UAE: AIOps Platform Market, By Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 94. Rest of MEA: AIOps Platform Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 95. Rest of MEA: AIOps Platform Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)
Table 96. Rest of MEA: AIOps Platform Market, By Organization Size – Revenue and Forecast to 2028 (US$ Million)
Table 97. Rest of MEA: AIOps Platform Market, By Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 98. SAM: AIOps Platform Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 99. SAM: AIOps Platform Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)
Table 100. SAM: AIOps Platform Market, By Organization Size – Revenue and Forecast to 2028 (US$ Million)
Table 101. SAM: AIOps Platform Market, By Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 102. SAM: AIOps Platform Market, by Country – Revenue and Forecast to 2028 (US$ Million)
Table 103. Brazil: AIOps Platform Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 104. Brazil: AIOps Platform Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)
Table 105. Brazil: AIOps Platform Market, By Organization Size – Revenue and Forecast to 2028 (US$ Million)
Table 106. Brazil: AIOps Platform Market, By Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 107. Argentina: AIOps Platform Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 108. Argentina: AIOps Platform Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)
Table 109. Argentina: AIOps Platform Market, By Organization Size – Revenue and Forecast to 2028 (US$ Million)
Table 110. Argentina: AIOps Platform Market, By Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 111. Rest of SAM: AIOps Platform Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 112. Rest of SAM: AIOps Platform Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)
Table 113. Rest of SAM: AIOps Platform Market, By Organization Size – Revenue and Forecast to 2028 (US$ Million)
Table 114. Rest of SAM: AIOps Platform Market, By Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 115. Glossary of Terms, AIOps Platform Market
LIST OF FIGURES
Figure 1. AIOps Platform Market Segmentation
Figure 2. AIOps Platform Market Segmentation – Geography
Figure 3. AIOps Platform Market Overview
Figure 4. AIOps Platform Market, By Component
Figure 5. AIOps Platform Market, By Deployment
Figure 6. AIOps Platform Market, By Organization Size
Figure 7. AIOps Platform Market, By Vertical
Figure 8. AIOps Platform Market, By Region
Figure 9. North America: PEST Analysis
Figure 10. Europe: PEST Analysis
Figure 11. APAC: PEST Analysis
Figure 12. MEA: PEST Analysis
Figure 13. SAM: PEST Analysis
Figure 14. AIOps Platform Market Ecosystem Analysis
Figure 15. Expert Opinion
Figure 16. AIOps Platform Market Impact Analysis of Drivers and Restraints
Figure 17. Global AIOps Platform Market
Figure 18. Global AIOps Platform Market, Forecast and Analysis (US$ Mn)
Figure 19. Market Positioning- Top Five Players
Figure 20. AIOps Platform Market Revenue Share, by Component Type (2020 and 2028)
Figure 21. Platform: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Services: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. AIOps Platform Market Revenue Share, by Deployment (2020 and 2028)
Figure 24. Cloud: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. AIOps Platform Market Revenue Share, by Organization Size (2020 and 2028)
Figure 26. Small and Medium Enterprises: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. Large Enterprises: AIOps Platform Market– Revenue and Forecast to 2028 (US$ Million)
Figure 28. AIOps Platform Market Revenue Share, by Vertical (2020 and 2028)
Figure 29. BFSI: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. IT And Telecom: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. Manufacturing: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. Government: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 33. Others: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 34. Global AIOps Platform Market Breakdown, by Region, 2020 & 2028 (%)
Figure 35. North America: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 36. North America: AIOps Platform Market Revenue Share, By Component (2020 & 2028)
Figure 37. North America: AIOps Platform Market Revenue Share, By Deployment (2020 & 2028)
Figure 38. North America: AIOps Platform Market Revenue Share, By Organization Size (2020 & 2028)
Figure 39. North America: AIOps Platform Market Revenue Share, By Vertical (2020 & 2028)
Figure 40. North America: AIOps Platform Market Revenue Share, by Key Country (2020 & 2028)
Figure 41. US: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 42. Canada: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 43. Mexico: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 44. Europe: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 45. Europe: AIOps Platform Market Revenue Share, By Component (2020 & 2028)
Figure 46. Europe: AIOps Platform Market Revenue Share, By Deployment (2020 & 2028)
Figure 47. Europe: AIOps Platform Market Revenue Share, By Organization Size (2020 & 2028)
Figure 48. Europe: AIOps Platform Market Revenue Share, By Vertical (2020 & 2028)
Figure 49. Europe: AIOps Platform Market Revenue Share, by Key Country (2020 & 2028)
Figure 50. Germany: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 51. UK: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 52. France: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 53. Italy: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 54. Russia: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 55. Rest of Europe: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 56. APAC: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 57. APAC: AIOps Platform Market Revenue Share, By Component (2020 & 2028)
Figure 58. APAC: AIOps Platform Market Revenue Share, By Deployment (2020 & 2028)
Figure 59. APAC: AIOps Platform Market Revenue Share, By Organization Size (2020 & 2028)
Figure 60. APAC: AIOps Platform Market Revenue Share, By Vertical (2020 & 2028)
Figure 61. APAC: AIOps Platform Market Revenue Share, by Key Country (2020 & 2028)
Figure 62. Australia: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 63. China: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 64. India: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 65. Japan: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 66. South Korea: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 67. Rest of APAC: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 68. MEA: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 69. MEA: AIOps Platform Market Revenue Share, By Component (2020 & 2028)
Figure 70. MEA: AIOps Platform Market Revenue Share, By Deployment (2020 & 2028)
Figure 71. MEA: AIOps Platform Market Revenue Share, By Organization Size (2020 & 2028)
Figure 72. MEA: AIOps Platform Market Revenue Share, By Vertical (2020 & 2028)
Figure 73. MEA: AIOps Platform Market Revenue Share, by Key Country (2020 & 2028)
Figure 74. South Africa: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 75. Saudi Arabia: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 76. UAE: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 77. Rest of MEA: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 78. SAM: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 79. SAM: AIOps Platform Market Revenue Share, By Component (2020 & 2028)
Figure 80. SAM: AIOps Platform Market Revenue Share, By Deployment (2020 & 2028)
Figure 81. SAM: AIOps Platform Market Revenue Share, By Organization Size (2020 & 2028)
Figure 82. SAM: AIOps Platform Market Revenue Share, By Vertical (2020 & 2028)
Figure 83. SAM: AIOps Platform Market Revenue Share, by Key Country (2020 & 2028)
Figure 84. Brazil: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 85. Argentina: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 86. Rest of SAM: AIOps Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 87. Impact of COVID-19 Pandemic in North American Country Markets
Figure 88. Impact of COVID-19 Pandemic in European Country Markets
Figure 89. Impact of COVID-19 Pandemic in APAC Country Markets
Figure 90. Impact of COVID-19 Pandemic in MEA Country Markets
Figure 91. Impact of COVID-19 Pandemic in SAM Country Markets
The List Of Companies - AIOps Platform Market
- IBM
- AppDynamics
- BMC Software, Inc
- Broadcom Inc
- Dynatrace LLC
- HCL Technologies Limited
- Micro Focus International plc
- Moogsoft
- Resolve Systems, LLC
- Splunk Inc.
- BigPanda
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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