The event correlation and modern IT operations analytics markets have been established for some time, but the AIOps market is fairly new. Already, it is hard to separate those markets, as artificial intelligence eventually will be applied to all enterprise software, including anomaly detection features of most software.
Incident management, broadly stated, is the function of “network monitoring” software and systems, either stand-alone systems or as functions of enterprise software. “AIOps” software and systems, using machine learning or artificial intelligence, is the new category. -
The global AIOps platform market was valued at USD 2.08 Billion in 2018 and is projected to reach USD 21.36 Billion by 2026, growing at a compound annual growth rate of 34 percent from 2019 to 2026, according to Verified Market Research.
Others believe the market will reach only about $6 billion by 2025, according to Monitor Intelligence; $9 billion by Research and Markets; $12 billion by 2026, according to Verified Market Research and Markets and Markets; $11 billion by 2023, according to Markets and Markets; or $16 billion by 2025, according to Research and Markets.
Much hinges on how one defines a platform and therefore how many companies are assumed to be in the market, as well as differences of opinion about the actual growth rate.
The other problem is that AIOps capabilities increasingly will be bundled with core functions of enterprise monitoring systems generally. So it will be hard to clearly separate AIOps from other enterprise software and system sales.
