(MENAFN– EIN Newswire)

Cloud Orchestration walk Size

The global cloud orchestration market is growing due to increasing demand for optimal resource utilization, increasing cloud adoption, and low cost. automation in all sectors.

WILMINGTON, DE, UNITED STATES, November 15, 2024 /EINPresswire/ — According to the report published by Allied Market Research, the global cloud orchestration market size was estimated at $14.98 billion in 2020 and is expected to reach 105 .07 billion by 2030, registering a CAGR of 21.4% from 2021 to 2030.

The global cloud orchestration market is influenced by several factors such as growing demand for optimal resource utilization, need for self-service provisioning, and increasing demand for configuration and automation of low cost process. Additionally, a number of lucrative benefits offered by cloud orchestration, such as monitoring, alerting and reporting on unexpected conditions to diagnose the root cause, simplify data integrations and automatically enforce governance policies and security, fuel the growth of this market.

Download a sample report (get full information in PDF format – 417 pages) at:

However, the high initial investment cost and the involvement of heterogeneous systems create challenges in providing public and private cloud solutions, thereby leading to difficulties in maintaining operational consistency, factors which are expected to hamper the growth of the global market. On the other hand, growing cloud adoption and increasing demand for streamlined business processes are considered opportunistic for market growth.

Cloud orchestration tools help reduce the pain organizations face when deploying automation tools by eliminating islands of automation in favor of a consistent, cloud-wide approach that encompasses both public cloud and private cloud components. The rapid adoption of containerized applications based on microservices that communicate via APIs has created a demand for automating the deployment and management of applications in the cloud. This increasing complexity has created a demand for cloud orchestration software that can manage dependencies across multiple clouds, with policy-based security and management capabilities.

For report customization:

COVID-19 scenario

1. Increased remote work trends during the pandemic have given way to an increase in demand for cloud orchestration, as it can provide the necessary access to enterprise resources to manage collaboration with teams integrated and maintain productivity. This, in turn, has negatively impacted the global cloud orchestration market.

2. It is very likely that this trend will continue after the pandemic as well.

Asia Pacific is expected to witness the highest growth rate during the forecast period, due to the proliferation of connected systems fueled by the current smart office and home trend in the region, coupled with the projects of government-led infrastructure. Data generated by advanced devices across different industrial sectors in the region and increasing consumer spending on smart solutions in countries like China, Australia, Japan, and India are fueling the market growth. Additionally, the emerging adoption of innovative technologies along with ongoing digital transformation initiatives in Asian countries, such as Australia, Japan, China and India, are creating increased demand for enhanced customer experiences, fueling the demand for cloud orchestration.

By region, North America dominated in 2020, accounting for nearly three-fifths of the global cloud orchestration industry. This is attributed to the growing recognition of cloud orchestration across various verticals such as BFSI and Telecom in the region. However, the Asia Pacific region market is expected to exhibit the fastest CAGR of 24.9% throughout the forecast period, owing to increasing demand for advanced resource management and load shifting systems work to the cloud environment.

Shop now and get up to 50% off this report: /purchase options

By service type, the configuration segment held the largest share in 2020, gathering almost half of the global cloud orchestration market. This is due to the high level of savings in total cost of ownership and the increasing need for optimal resource utilization by several types of users, including small, medium and large businesses. The cloud services segment, on the other hand, is expected to witness the fastest CAGR of 22.7% throughout the forecast period.

When it comes to cloud, the public segment took the lion’s share in 2020, holding almost half of the global cloud orchestration market. This is due to the massive adoption of public cloud platforms across various verticals such as healthcare, media, and entertainment. However, the hybrid segment is expected to witness the fastest CAGR of 23.1% between 2021 and 2030.

In terms of organization size, the large enterprise segment dominated the cloud orchestration market growth in 2020 and is expected to maintain its dominance in the coming years. This is due to the significant growth in deployment of cloud orchestration in large enterprises to support IoT or immersive experiences. However, the SME segment is expected to witness the highest growth rate during the cloud orchestration market forecast period. The intense competition scenario has mainly encouraged a number of SMEs across the globe to increasingly invest in cloud orchestration solutions to reach their desired target audience.

Inquiry before purchasing:

Key players in the sector

BMC Software, Inc.
Cisco Systems, INC.
HP Inc.
IBM Company
VMware, Inc.
Rackspace US, Inc.
Amazon Web Services, Inc.
Oracle Company
Flexiscale Technologies Limited
DXC Technology Company

Other trend report:

1. Cloud Commerce Market Size Overview

2. Cloud IAM Market Size Overview

About Us:

Allied Market Research (AMR) is a comprehensive market research and business consulting arm of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as small and medium sized businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions”. AMR aims to provide business insights and guidance to help its clients make strategic business decisions and achieve sustainable growth in their respective market areas.

AMR has launched its online library of company reports and profiles, Avenue. An online library is accessible from any device, anywhere and anytime for entrepreneurs, stakeholders, researchers and university students. With reports on over 60,000 niche markets with data comprising 600,000 pages as well as company profiles on over 12,000 companies, Avenue provides access to the entire repository of information through subscriptions. A hassle-free solution meeting customer requirements is complemented by analyst support and customization requests.

Contact:
David Correa
1209 Orange Street,
Company trust center,
Wilmington, New Castle,
Delaware 19801 United States.
International: +1-503-894-6022
Toll free: +1-800-792-5285
United Kingdom: +44-845-528-1300
India (Pune): +91-20-66346060
Fax: +1-800-792-5285
…

David Correa
Allied market research
+1 800-792-5285
send us an email here
Visit us on social media:
Facebook
X

Disclaimer:

EIN Presswire provides this news content “as is” without warranty of any kind. We accept no responsibility for the accuracy, content, images, videos, licenses, completeness, legality or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, please contact the author above.

Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We accept no responsibility for the accuracy, content, images, videos, licenses, completeness, legality or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, please contact the provider above.