Business Software Industry Data Book - Event Management Software, ERP Software and Quality Management Software Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030

The global market for business software was estimated at USD 71.11 billion in 2022 and is anticipated to increase at a CAGR of 11.3% from 2023 to 2030. Increasing enterprise data volumes and increased use of automation to improve business operations are expected to boost the demand for the business software market. For instance, in March 2022, International Business Machines Corporation partnered with Flexera, an IT management solutions provider, to launch AIOps solutions that help enterprises simplify IT asset management across multi-cloud and hybrid environments. The solutions help lower costs and automate complex tasks. The software continuously monitors and helps improve application performance and governance through dynamically rescheduling applications across hybrid and multi-cloud environments.

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Competitive Landscape
The market is competitive with the presence of major players such as SAP SE; Microsoft Corporation; Oracle Corporation; Rockwell Automation Inc.; Honeywell International Inc.; Aventri Inc.; Sage Group, plc; NetSuite, Inc.; International Business Machines Corporation; and General Electric Co. Companies are adopting various growth strategies, such as mergers & acquisitions, partnerships, and new product launches to maintain their position in the competitive market.

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How AIOps Grew from Monitoring to Autonomous IT Operations

Struggling with IT complexity? AI operations management could be your solution.
In this latest piece, Bluebash dives into how AI streamlines operational workflows and enables self-healing systems.

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AIOps vs Traditional IT Operations: What’s the Difference in 2025?

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AIOps are becoming more and more ingrained in the complex operations of organizations, bringing great value to IT organizations by helping them manage complex IT operations in a faster, more secure, and more reliable way.

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Global AIOps Platform Market size was valued at USD 13.56 Bn in 2023 and is expected to reach USD 26.87 Bn by 2030, at a CAGR of 12.72 %.

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Global AIOps Platform Market size was valued at USD 13.56 Bn in 2023 and is expected to reach USD 26.87 Bn by 2030, at a CAGR of 12.72 %.

https://www.maximizemarket...