According to the latest report by IMARC Group, titled “Cloud Orchestration Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global cloud orchestration market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 20% during 2021-2026.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Cloud orchestration represents the process of coordinating and arranging automated tasks to create a consolidated workflow on public and private cloud platforms. It uses various delivery strategies, including Infrastructure-as-a-Service (IaaS), Software-as-a-Service (SaaS), and Platform-as-a-Service (PaaS)-based solutions. Cloud orchestration is widely utilized to deploy or start servers, purchase and assign storage space, manage networking, build virtualizations, etc. It assists in eliminating provisional errors, simplifying data integrations, cost optimization, etc. Cloud orchestration also provides better insights into the resources and processes in use, preventing virtualization sprawl and enabling maximum resource utilization by individuals and business units.
The growing adoption of hybrid cloud architecture is one of the significant factors driving the cloud orchestration market across the globe. Moreover, the rising utilization of this software to automate tasks in domains and systems is also propelling the market growth. Besides this, the escalating need for on-demand services with automated provisioning infrastructures is further catalyzing the global market. Additionally, several technological advancements, including the integration of Big Data and real-time analytics solutions with cloud orchestration, are also augmenting the product demand. Apart from this, numerous innovations in the Information Technology (IT) infrastructures and extensive research and development (R&D) activities are projected to further propel the cloud orchestration market in the coming years.
Cloud Orchestration Market 2021-2026 Competitive Analysis and Segmentation:
Competitive Landscape with Key Players:
The competitive landscape of the global cloud orchestration market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Amazon Web Services Inc. (Amazon.com Inc.)
- BMC Software Inc.
- Cisco
- FlexiScale Technologies Limited.
- Hewlett Packard Enterprise Development LP
- International Business Machines Corporation
- Oracle Corporation
- Rackspace Technology Inc
- VMware Inc. (Dell Technologies Inc.)
Key Market Segmentation:
The report has segmented the global cloud orchestration market on the basis of solution, deployment model, user type, industry vertical and region.
Breakup by Solution:
- Configuration
- Managed Support
- Portable Service
- Others
Breakup by Deployment Model:
- Private
- Public
- Hybrid
Breakup by User Type:
- Small and Medium Enterprises
- Large Enterprises
Breakup by Industry Vertical:
- Banking, Financial Services, and Insurance (BFSI)
- Government and Education
- Healthcare
- IT and Telecom
- Retail
- Manufacturing
- Media and Entertainment
- Others
Breakup by Region:
- North America
- Asia-Pacific
- Europe
- Latin America
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Industry Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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