- Home
- Service and Software
- Cloud Orchestration Market
Cloud Orchestration Market Size, Share, & Trends Estimation Report By Service (Configuration, Managed Support, Portable Service, Others) By Deployment Outlook (Private, Public, Hybrid) By Organization Outlook (Small and Medium Enterprises, Large Enterprises) By Industry Vertical (Banking, Financial Services, and Insurance (BFSI), Government and Education, Healthcare, IT and Telecom, Retail, Manufacturing, Media and Entertainment, Others) By Region, and Forecasts 2022 - 2030.
Market Overview:
The Global Cloud Orchestration Market Size Was Valued At $14.98 Billion In 2022 And Is Projected To Reach $70.67 Billion By 2030, Registering A CAGR Of 21.4%.
Cloud orchestration is the process of setting up and coordinating automated tasks to make integrated processes or workflows in both public and private cloud environments. Workflows include automated tasks and processes that are used to do specialized business tasks. It works through different delivery models, such as Software-as-a-Service (SaaS), Platform-as-a-Service (PaaS), and Infrastructure-as-a-Service (IaaS)-based solutions. Cloud orchestration is often used to deploy or start up servers, get and give out storage space, manage networking, create virtualization, and get access to certain software in the cloud. Helping to optimize costs can help get rid of random errors and make data integration easier. It also makes it easier to see what resources and processes are being used. This prevents virtualization sprawl and lets each department, business unit, and user get the most out of the resources they have.
COVID-19 Impact:
Because of COVID-19, every company and business has moved their operations to a place where people can work from home. Companies started the BYOD program, which stands for "bring your own device," because the situation was so bad. So, the need for cloud orchestration is likely to grow. This is because cloud orchestration provides access to corporate resources that are needed to manage and keep collaboration and integration with integrated communications and teams, as well as to keep productivity high. During the COVID, the demand for cloud-based solutions and the SaaS-based model went up a lot because of WFH policies. This has helped the growth of the market. During the pandemic, cloud orchestration and automation helped get rid of the need for staff to be available. This made it possible for people to work from home and made sure that businesses could keep running.
Market Dynamics:
Market Trends:
- Increasing Adoption of Hybrid Cloud Architecture and Containerized Microservice-Based Applications
One of the main things that is making the market grow is the growing use of hybrid cloud architecture and containerized microservice-based applications. Cloud orchestration software is used by many organizations to automate tasks across domains and systems. Also, the growth of the market is being helped by the rising demand for on-demand services with automated infrastructure for providing them. These services make it easier to connect different kinds of networks and storage devices with fewer mistakes and less manual work. A number of technological advances, like the integration of big data and real-time analytics solutions, are also helping to drive growth. These solutions make it possible to keep an eye on enterprise-related activities and give software-driven access to the resources through application programming interfaces (APIs). Other things, like big improvements in the infrastructure of information technology (IT) and a lot of research and development (R&D) activities, are likely to push the market to grow.
Driving Factors:
- Increasing Demand for Cloud Computing
Cloud orchestration solutions make it easy for businesses to scale up and down their cloud resources as their business needs change. This is especially important in industries like technology and e-commerce that are growing quickly. By automating the management and deployment of cloud resources, cloud orchestration solutions can help organizations cut costs. This is especially important in cost-sensitive industries like healthcare and finance, where costs can add up quickly. By automating the deployment and scaling of cloud resources, cloud orchestration solutions can help businesses respond quickly to changes in the market or new business opportunities. This is especially important in industries that change quickly, like media and entertainment, where things can change quickly. Cloud orchestration solutions can help organizations manage and automate the processing and storage of a lot of data. This is especially important in data-heavy industries like research and analytics, where a lot of data needs to be processed and stored.
Since more industries are using cloud computing, the need for tools to manage and automate the deployment and scaling of cloud resources has grown. This is what is driving the growth of the global cloud orchestration market.
- Increasing Need for Devops
DevOps is another thing that is making the cloud orchestration market grow. DevOps is a set of practices that help companies build and release software more quickly. It involves automating tasks like setting up, testing, deploying, and keeping an eye on things. As companies move to DevOps, they need a way to manage their cloud resources automatically. Cloud orchestration is a way to do this, so the need for solutions that use cloud orchestration is growing.
- Rapid Adoption of Workflow Orchestration in Organizational Digital Transformation
Workflow orchestration is becoming more popular because technology is making the internet faster. The introduction of 5G has made business applications more powerful. With the help of the internet, digital transformation in organizations is pushing for more advanced workflow orchestration to be used. International Telecommunication Union (ITU) says that by 2022, 66% of the world's population, or 5.3 billion people, will use the internet. Workflow orchestration is being used by many companies in functional areas like supply chain, manufacturing, finances, and distribution to improve operational efficiency, business results, and productivity. Research shows that by the beginning of the year 2030, 30% of business processes are likely to be automated. The market for information technology and services in coding automation, integration, and monitoring Extract, Transform, Load (ETL) stack from a single point of control has a lot of room to grow. Also, a number of private equity firms are putting money into the workflow orchestration market to drive innovation. For example, Talis Capital, a venture capital and private equity firm based in London, has put USD 22 million into Seqera Labs, a Barcelona-based company that makes data orchestration and workflow software, to help it grow its product line. The workflow orchestration market is growing quickly because of these changes.
Restraints/Challenges:
- Lack of Technical Skill Personnel for Effective Cloud Orchestration
If an organization doesn't have enough people with the right technical skills, it might be hard to set up and use cloud orchestration solutions. This can slow down or even stop the use of these solutions. Without people with the right technical skills, organizations may not be able to use cloud orchestration solutions to their full potential. This can lead to inefficiency and higher costs. If an organization doesn't have enough people with the right technical skills, it might not be able to get the most out of its cloud orchestration solutions. This can lead to bad performance and less scalability.
Also, if organizations don't have the right technical skills and staff for effective cloud orchestration, it can be hard for them to implement and use these solutions. This could slow the growth of the global cloud orchestration market. This could be especially true for small and medium-sized businesses that don't have the money to hire or train people with the right technical skills.
- High Costs
The high costs of setting up and managing cloud-based apps and services is one of the biggest problems that the cloud orchestration market has to deal with. For businesses to set up a cloud infrastructure and use cloud orchestration solutions, they have to spend a lot of money. This means that businesses have to put up a lot of money at first, which slows the growth of the cloud orchestration market.
- Lack of Standardization
The cloud orchestration market is also held back by the fact that there aren't any standards. The ways that different cloud orchestration solutions are set up and managed are not the same. This makes it hard for businesses to figure out what to do, which slows the growth of the cloud orchestration market.
Opportunities:
- Growing Demand for Optimum Resource Utilization
All over the world, organizations try to get the most out of their storage, computing power, and engineering resources. Cloud orchestration offers professional and managed services in addition to cloud orchestration services. This lets organizations focus on other tasks, such as other projects going on at the same time. Thus, cloud orchestration ensures optimum resource utilization. Also, simplified optimization helps organizations be more productive, and pay-per-use gives them more freedom, which is expected to boost market growth.
Also, in order for an organization to get the most out of its resources, it needs to know everything there is to know about them and use them at the right time. Using cloud orchestration tools is the best way to get the most out of these benefits.
- Rising Adoption of On-Demand Services with Automated Provisioning Infrastructure
Enterprises are now using on-demand services with automated provisioning infrastructure, which helps them spend less time setting up cloud services and managing cloud infrastructure based on the needs of the business. These services help keep things simple while connecting different kinds of parts, like networks and storage devices, using a simplified automation provisioning infrastructure that reduces errors and the amount of work that needs to be done by hand.
Strategic Development:
- In September 2022 - BMC, a global leader in software solutions for the Autonomous Digital Enterprise, announced new cloud data services and open-source integrations for Control-M, its industry-leading application and data workflow orchestration platform. With these new features, business partners who don't work in IT can use self-service that is secure and automated.
- In October 2021 - Ericsson expanded its new Cloud Native and Orchestration Center in North America. It did this by using its market-leading position in the cloud-native transformation of telecom to do so. This new Cloud Native and Orchestration Center is meant to help with problems that are more difficult for telco solutions, such as migration and automation, platform and application life cycle management.
Key Vendors:
Top market players are
- Amazon Web Services Inc.
When it started up in 2006, Amazon Web Services (AWS) gave businesses access to key infrastructure services through web services. This is now what most people call "cloud computing." The best thing about cloud computing and AWS is that they allow you to use a new business model and turn fixed costs for infrastructure into variable costs.
- BMC Software Inc.
BMC Software, Inc. makes solutions for software. The services that the company provides cover enterprise systems, applications, databases, and IT process management. The company also offers maintenance, support, software implementation, integration, and education services.
- Cisco Systems Inc.
Cisco (NASDAQ: CSCO) helps people make strong connections in business, education, philanthropy, and creativity. Cisco's hardware, software, and services are used to make the Internet solutions that make networks possible and make it easy to get information from anywhere, at any time. In 1984, a small group of computer scientists from Stanford University got together to start Cisco.
- Dxc Technologies Ltd.
DXC Technology Co. (DXC) offers consulting and information technology (IT) services. The company's services include analytics, cloud applications, cloud infrastructure, enterprise applications, data security services, IT outsourcing (ITO), and workplace and mobility solutions. Its solutions are mostly about helping clients reduce their business risks and operational costs.
- Hewlett Packard Enterprise Development LP
Hewlett Packard Enterprise Development LP makes and sells products and services for IT infrastructure. The business has solutions for software, servers, systems, data storage, networking, and cloud computing.
- IBM Corporation
IBM is a company that makes and sells products and services related to information technology (IT). The company makes and sells hardware and software for computer systems, as well as providing infrastructure, hosting, and consulting services. IBM has products for analytics, artificial intelligence (AI), automation, blockchain, cloud computing, IT infrastructure, IT management, cybersecurity, and software development.
- VMware Inc.
VMware, Inc. (VMware) offers virtualization technologies and multi-cloud services that can be used in different ways. The company also offers professional services like design, implementation, and training, as well as software maintenance like updates, upgrades, and technical support. It offers services and solutions under the trademarks vRealize, Tanzu, vCloud, Pivotal, Bitnami, Heptio, ESX, VeloCloud, Nyansa.
- Oracle Corporation
Oracle Corporation (Oracle) offers businesses cloud-based solutions. The business sells software for databases and middleware, application software, software for cloud infrastructure, and hardware systems. It also offers integrated cloud solutions, such as Infrastructure-as-a-Service (IaaS) and Software-as-a-Service (SaaS). Oracle sells licenses for new software that is used on-premises, updates licenses, and offers support services.
- Flexiscale Technologies Limited
Flexiscale Technologies Limited is a working business that was founded on November 24, 1999, and has its registered office in Nottingham, Nottinghamshire. Since 1993, Flexiscale Technologies Limited has been in business.
Segmentation Analysis:
The market is segmented on the basis of service, deployment, organization size, industry vertical and region.
By Services:
In terms of service, the configuration segment led the cloud orchestration market in 2020, and this trend is likely to continue in the years to come. This is because it saves a lot of money on the total cost of ownership and more users, like small, medium, and large enterprises, want to get the most out of their resources. The growth of cloud orchestration services is also helped by the fact that cloud-based applications are becoming more popular and that cybercrime is getting worse.
- Configuration
- Managed Support
- Portable service
- Others
By Deployment Outlook:
By deployment, the public segment of the cloud orchestration market grew the most in 2020, and this is likely to continue in the years to come. This is because public cloud platforms are being used a lot in industries like healthcare and media and entertainment. Also, companies plan to spend 24% more on public cloud in 2020, which means that the amount companies spend on public cloud is growing quickly. But the hybrid segment is expected to grow at the fastest rate during the time frame of the forecast.
- Private
- Public
- Hybrid
By Organization Outlook:
By organization size, the growth of the Cloud orchestration industry was led by the large enterprises segment in 2020, and this trend is expected to continue in the coming years. This is because the organization needs to get the most out of its investments and its capital. Large businesses also need effective cloud orchestration because they need to make sure their business processes are optimized and easy to follow. But the growth rate for small and medium-sized businesses is expected to be the highest over the next few years.
- Large enterprises
- Small & medium sized enterprises
By Industry Vertical:
In terms of verticals, the BFSI sector is likely to have a large share of the process orchestration market, in part because of the need to make operations more efficient. Also, banking, finance, and insurance companies work in an environment where compliance and customer service are very important. For example, orchestration has become very useful for verifying customers before letting them in. This is done by automating the process of verifying customer identification, which shortens the time it takes to do things internally and makes sure compliance. Banks and other financial organizations are likely to put money into using cutting-edge technologies to automate tasks and make things more clear.
- BFSI
- IT & Telecommunications
- Retail
- Government
- Media and Entertainment
- Healthcare
- Manufacturing
- Oil & Gas
- Metals & Mining
- Petrochemicals
- Energy & utilities
- Pulp & Paper
- Agriculture
- Others
Regional Insights:
North America has most of the market share for cloud orchestration. The cloud orchestration market is growing in this region because more people in industries like BFSI and Telecom are learning about it. Also, moving workloads to the cloud and the growth of well-developed organizational systems are two of the most important things driving market growth in this segment. During the forecast period, however, the Asia-Pacific market is expected to grow at the fastest rate due to the need for advanced resource management systems and the movement of work to cloud environments. These things are likely to increase the demand for cloud orchestration in the region, especially in countries like China and India that have growing economies.
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- France
- Italy
- Spain
- UK
- Nordic Countries
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia-Pacific
- The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
Scope of Report:
Report Attribute | Details |
Study Period | 2017-2030 |
Base Year | 2022 |
Estimated year | 2023 |
Forecast period | 2023-2030 |
Historic Period | 2017-2022 |
Units | Value (USD Billion) |
Growth Rate | CAGR of 21.4% from 2023 to 2030 |
By Service |
|
By Deployment |
|
By Organization Size |
|
By Industry Vertical |
|
By Companies |
|
Regional Scope |
|
Reasons to Purchase this Report and Customization Scope |
|
Conclusion:
- This study analyzes the global cloud orchestration market, looks at trends, and makes predictions about the future to find the best places to invest right now.
- The report gives information about the global cloud orchestration market opportunity, as well as the key drivers and barriers that are affecting it.
- The size of the global cloud orchestration market is measured from 2022 to 2030 to show how financially stable the industry is.