Cloud Orchestration Market 2024 - By Growth Analysis, Opportunities, Business Insights, Key Trends And Forecast By 2033


Posted April 19, 2024 by saitbrc

Global cloud orchestration market size is expected to reach $33.39 Bn by 2028 at a rate of 16.0%, segmented as by service type, cloud service automation, training, consulting, and integration, support and maintenance
 
Overview and Scope
The cloud orchestration refer to the process of automating the tasks required to manage workload operations and connections on private and public clouds. Automated tasks and processes are put into a workflow by cloud orchestration technologies to perform specific business functions. Policy enforcement is a feature of cloud orchestration tools that ensures that processes have the necessary permissions to execute or connect to a workload.

Sizing and Forecast
The cloud orchestration market size has grown rapidly in recent years. It will grow from $16.27 billion in 2023 to $18.42 billion in 2024 at a compound annual growth rate (CAGR) of 13.3%. The growth in the historic period can be attributed to increased cloud adoption, demand for automation in it processes, complexity of multi-cloud environments, need for scalability and flexibility, growth of devops practices.

The cloud orchestration market size is expected to see rapid growth in the next few years. It will grow to $33.39 billion in 2028 at a compound annual growth rate (CAGR) of 16.0%. The growth in the forecast period can be attributed to integration with edge computing, adoption of serverless architectures, ai-driven orchestration, cross-cloud and multi-cloud management, advanced security orchestration. Major trends in the forecast period include kubernetes orchestration platforms, continuous integration/continuous deployment (ci/cd) orchestration, focus on hybrid cloud orchestration, event-driven orchestration models, self-service cloud orchestration portals.

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Segmentation & Regional Insights
The cloud orchestration market covered in this report is segmented –
1) By Service Type : Cloud Service Automation, Training, Consulting, And Integration, Support And Maintenance
2) By Deployment Mode: Private, Public, Hybrid
3) By Organization Size: Small And Medium Enterprises (SMEs), Large Enterprises
4) By End-User: Healthcare And Life Sciences, Transportation And Logistics, Government And Defense, IT And Telecom, Retail, Manufacturing, Other End Users

Top Major Players
Geminare Incorporated
Infrascale Inc.
RackWare Inc.
Unitrends Inc.
CloudVelox Inc.

North America was the largest region in the cloud orchestration market in 2023. The regions covered in the cloud orchestration market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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Major Driver Impacting Market Growth
The increase in dominance of cloud-based applications is expected to propel the growth of the cloud orchestration market over the coming years. Cloud-based applications offer major benefits to the customer, such as cost-effectiveness, easy integration, implementation, and lower cost of purchase. Cloud applications also help enterprises standardise system configurations and automate IT support processes. Cloud orchestration is used to provision, deploy, or start servers; acquire and assign storage space; manage networking; construct virtual machines; and gain access to certain applications on cloud services. For instance, according to InfoWorld, a US-based IT media business, global spending on public cloud services and infrastructure will reach around $500 billion by 2023. Thus, the increasing adoption of cloud-based applications is contributing to the cloud orchestration market growth.

Key Industry Players
Major companies operating in the cloud orchestration market report are Geminare Incorporated, Infrascale Inc., RackWare Inc., Unitrends Inc., CloudVelox Inc., Zerto Ltd., International Business Machines Corporation (IBM), Hewlett Packard Enterprise Company LP, VMware Inc., Apptio Inc., Microsoft Corporation, Flexera Corporation, Scalr Inc., Actifio Inc., Veritas Technologies LLC, Oracle Corporation, Cisco Systems Inc., Amazon Web Services Inc., BMC Software Inc., DXC Technology Company, Rackspace US Inc., Flexiscale Technologies Limited, Red Hat Inc., Google LLC, ServiceNow Inc., Cloudify Platform Ltd., CloudBolt Software Inc., Morpheus Data LLC, Embotics Corporation, RightScale Inc., CloudHealth Technologies Inc., Turbonomic Inc., CloudCheckr Inc.

The cloud orchestration market report table of contents includes:
1. Executive Summary
2. Cloud Orchestration Market Characteristics
3. Cloud Orchestration Market Trends And Strategies
4. Cloud Orchestration Market - Macro Economic Scenario
5. Global Cloud Orchestration Market Size and Growth
................................
31. Global Cloud Orchestration Market Competitive Benchmarking
32. Global Cloud Orchestration Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Cloud Orchestration Market
34. Cloud Orchestration Market Future Outlook and Potential Analysis
35. Appendix

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Tags cloud orchestration market , cloud orchestration market share , cloud orchestration market size
Last Updated April 19, 2024