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The global AIOps market generated $26.33 billion in 2020, and is estimated to garner $644.96 billion by 2030, witnessing a CAGR of 37.90%. The growth of the global AIOps market is driven by faster and more accurate root cause analysis and amount of data to be assessed. The platform segment accounted for the highest share in 2020, contributing to more than four-fifths of the global AIOps market. The on premise segment held the highest share in 2020, contributing to around three-fourths of the global AIOps market.
