Allied Market Research
Loading...
Cart
0

Cloud Orchestration Market Expected to Reach $13,633 Million, Globally, by 2023

 

quote Hybrid deployment model is expected to witness highest growth rate during the forecast period, owing to enhanced flexibility in switching cloud space depending upon the functions of orchestration process and usage in the cloud. Moreover, increase in demand for cloud automation, security, protected networks, and reduced IT expenditure are anticipated to drive the cloud orchestration adoption among SMEs. quote

Soumya Swarup Sahoo
Research Analyst, ICT at AMR.

Get 20% Free Customization In This Report
Follow us on Social Media:       
 

According to a new report by Allied Market Research titled Cloud Orchestration Market by Solution, Deployment Model, User Type, and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global cloud orchestration market was valued at $3,496 million in 2016, and is projected to reach $13,633 million by 2023, growing at a CAGR of 21.8% from 2017 to 2023.

Access Full Summary at: https://www.alliedmarketresearch.com/cloud-orchestration-market

The government & education and banking, financial services, and insurance (BFSI) segments have witnessed high demand for cloud orchestration due to expanding customer base and internet users. In addition, reduced investment for new software and services in banking and insurance industries is expected to drive the cloud orchestration market in the near future. Moreover, the healthcare segment has exhibited an increase in cloud adoption across various regions, owing to its low cost and improved reliability & scalability.

North America was the highest market in cloud orchestration industry in 2016, owing to the growth in demand for low-cost cloud infrastructure development and demand for optimized process automation by the enterprises. Several industry verticals, such as healthcare, manufacturing, retail, and others, are adopting cloud orchestration solution for better business orientation. For instance, in September 2016, Oracle Corporation launched cloud orchestration solution for optimized marketing operations in retail industry. In addition, industry participants have realized the importance of strengthening the overall cloud orchestration solution to ensure competence and effectiveness of business operations and process setup in several emerging markets, such as Asia-Pacific, Latin America, and Middle East.

The surge in ICT expenditure and increase in cloud adoption across industry verticals, including BFSI, retail, healthcare, manufacturing, and government & education, are anticipated to augment the cloud orchestration market penetration. Asia-Pacific and Europe have witnessed adoption of cloud orchestration adoption, high adoption of Internet of Things (IoT) technology, and surge in demand for low-cost IT infrastructure deployment, which is anticipated to fuel the cloud orchestration market growth in the coming years.
North America was the highest revenue contributor in 2016, accounting for around 45.5% share of the overall cloud orchestration market. In addition, Asia-Pacific is projected to grow at the highest CAGR of 23.8% during the forecast period, driven by growth in penetration of workforce mobility and cloud adoption by small- and mid-sized companies.

The key players profiled in the study are IBM Corporation, Oracle Corporation, Amazon Web Services, Inc., Rackspace U.S., Inc., Hewlett Packard Enterprise Development LP, VMware, Inc., Cisco Systems, Inc., Red Hat, Inc., BMC Software, Inc., and FlexiScale Technologies Limited.

Key Findings of the Cloud Orchestration Market:

  • The hybrid deployment model segment accounted for the highest share of the cloud orchestration market in 2016, growing at a CAGR of 22.6% from 2017 to 2023.
  • North America generated the highest revenue in 2016, valued at $1,589 million.
  • SMEs dominate the cloud orchestration market, in terms of growth, and are expected to lead during the forecast period as well.
  • U.S. led the cloud orchestration market in 2016. In addition, Canada, China, UK, Japan, and the other emerging markets are anticipated to provide significant opportunities for major players.

Need More Information

pr-det-talk Talk to David (Europe)

pr-det-talk Talk to Sona Padman (Americas)

5933 NE Win Sivers Drive #205,
Portland, OR 97220 United States

pr-det-phone Toll Free: +1-800-792-5285

pr-det-phone UK: +44-845-528-1300

pr-det-phone Hong Kong: +852-301-84916

pr-det-phone India (Pune): +91 2066346060

pr-det-phone Fax: +1(855) 550-5975

pr-det-phone help@alliedmarketresearch.com

 

For Media Inquiries, Please Contact

Ram D
Communications Officer
Allied Market Research
Contact Toll Free: +1-800-792-5285
Drop us an email at
media@alliedmarketresearch.com

 
 

First time buyer?
Check offers and discount on this report
To get this report

 
Click Here
 
 

quote Cloud Orchestration Market by Solution (Configuration, Managed Support, Portable Service, and Others), Deployment Model (Private, Public, and Hybrid), User Type (SMEs and Large Enterprises), and Industry Vertical (BFSI, Government & Education, Healthcare, Telecommunication & IT, Retail, Manufacturing, Media & Entertainment, and Others) - Global Opportunity Analysis and Industry Forecast, 2017-2023 quote

View Report
 
 

Avenue: Entire Library membership of Allied Market Research Reports at your disposal

  • Avenue is an innovative subscription-based online report database.
  • Avail an online access to the entire library of syndicated reports on more than 2,000 niche industries and company profiles on more than 12,000 firms across 11 domains.
  • A cost-effective model tailored for entrepreneurs, investors, and students & researchers at universities.
  • Request customizations, suggest new reports, and avail analyst support as per your requirements.
  • Get an access to the library of reports at any time from any device and anywhere.

 
 

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

Targeted Market View

Targeted market view to provide pertinent information and save time of readers

 

Featured Readings

 
 

Get Fresh content delivered

Get insights on topics that matter to your business. Stay updated on the area that interests you.

 
Get Industry Data Alerts
 

Buy Full Version
"Cloud Orchestration Market"
Purchase Enquiry