Study papers on Workflow Orchestration market and regional forecast. Workflow Orchestration market players are Microsoft (US), IBM (US), Cisco Systems (US), Oracle(US), VMware (US), CA Technologies (US), Arvato AG (Germany), BMC Software (US), Service Now (US), Micro Focus (UK), Dalet SA (France), Ayehu Software Technologies (US).
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Workflow orchestration market is projected to grow from USD 13.81 billion in 2017 to USD 50.82 billion by 2022, at a CAGR of 29.8% during the forecast period. Organizations are increasingly adopting workflow orchestration to increase operational efficiency and productivity level as well as improve business outcomes with effective strategic decisions.
However, lack of technical expertise is a key factor restraining the growth of the workflow orchestration market.
- Workflow Orchestration Providers
- Workflow Automation Providers
- Cloud Orchestration Providers
- Business Process Management Providers
- Data Center Orchestration Providers
- Network Management Providers
Based on region, the workflow orchestration market has been segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa, and Latin America.
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Workflow orchestration is increasingly adopted by organizations in the Asia Pacific region to reduce operational costs and capital expenses. This, in turn, is projected to drive the growth of the workflow orchestration market in the Asia Pacific region.
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Based on type, the cloud orchestration segment is estimated to lead the workflow orchestration market in 2017.Cloud orchestration defines the arrangement and synchronization of automated tasks, which eventually results in a consolidated process or workflow. Managing interconnections and exchanges between cloud-based and on-premises business units are essential characteristics of a cloud orchestrator.
The adoption of cloud orchestration by enterprises, owing to their benefits, such as improved productivity and performance as well as reduced business downtime and operational cost is contributing to the growth of the cloud orchestration segment.
2 Key Players in the Workflow Orchestration Market
3 Competitive Situation and Trends
3.1 New Product Launches & Product Enhancements
3.2 Agreements, Collaborations & Partnerships
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The workflow orchestration market has been segmented on the basis of type, organization size, vertical, and region. Based on type, the workflow orchestration market has been segmented into cloud orchestration, data center orchestration, network management, business process orchestration, and security orchestration.
Based on organization size, the workflow orchestration market has been segmented into large enterprises and SMEs. Based on vertical, the workflow orchestration market has been segmented into IT &telecommunication; media & entertainment; Banking, Financial Services & Insurance (BFSI); e-commerce, retail & consumer goods; public sector; manufacturing & automotive; healthcare & pharmaceutical; travel & hospitality; and others (education and electricity & utility).Based on region, the workflow orchestration market has been segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America.
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