Cloud Orchestration Market - By Size, Share, Revenue, Trends And Drivers For 2024-2033
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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