Recent press-releases report that the global AIOps (Artificial Intelligence for IT Operations Platform) market is in rapid growth. One estimate suggests the market will reach USD 29.7 billion by 2031, growing at roughly a 14% CAGR from 2025 to 2031. Another forecast gives a larger figure: from USD 14.81 billion in 2024 to USD 40.13 billion by 2029 — a CAGR of about 22.3%.
The drivers behind this growth include: increasing complexity of IT infrastructure (cloud, hybrid, multi-cloud), burgeoning data volumes, the push for real-time insights, and the need to reduce downtime and operational cost. Key segments in the market are:
- By technology: Machine Learning (ML), Natural Language Processing (NLP), Context-Aware Computing.
- By deployment model: cloud-based vs on-premises.
- By application: infrastructure monitoring, application performance monitoring (APM), network/security operations.
Geographically, North America is currently the largest region for AIOps spending. Asia-Pacific is projected to be the fastest growing region over the next few years (with India specifically mentioned as a high-CAGR market).
