Cloud Orchestration Market Updates by 2031
The cloud orchestration market size is projected to reach US$ 97.08 billion by 2031 from US$ 20.04 billion in 2023. The market is expected to register a CAGR of 21.8 % in 2023–2031. The growth of multi-cloud orchestration solutions is likely to remain key cloud orchestration market trends.
Cloud Orchestration Market Analysis
Numerous cloud-based solutions and service providers are striving to offer effective and affordable cloud-based solutions and services that may help end users choose the affordable architecture that meets the necessary performance requirements. In the upcoming years, the market for third-party cost optimization is anticipated to develop due to the increasing acceptance of multi-cloud settings. Services for third-party cost optimization offer superior analytics that optimizes cost savings without sacrificing functionality. Additionally, the services offer cloud provider independence and consistent multi-cloud management. Projects involving cloud migration must include the early requirement for optimization. Third-party cloud solutions may, therefore, benefit from the early development of skills and procedures, the use of tools to analyze operational data, and the discovery of cost-cutting options to optimize savings. The adoption of cloud-based solutions is fueled by growing government investments and increased competition in cloud-based product development to produce affordable cloud computing products.
Cloud Orchestration Market Overview
Cloud Orchestration is the method of automating the tasks needed to manage operations and connections of workloads on public and private clouds. Cloud orchestration technologies combine automated processes and tasks into a workflow to perform specific business functions. Cloud orchestration tools entail policy enforcement and ensure that processes have the proper permission to execute or connect to a workload. Typical cloud orchestration tasks are to provision or start server workloads, provision storage capacity as needed, and instantiate virtual machines (VMs) by orchestrating services, workloads, and resources in the cloud.
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Cloud Orchestration Market: Strategic Insights
Market Size Value in US$ 13.87 billion in 2021 Market Size Value by US$ 53.40 billion by 2028 Growth rate CAGR of 21.5% from 2022 to 2028 Forecast Period 2022-2028 Base Year 2021
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Cloud Orchestration Market: Strategic Insights
| Market Size Value in | US$ 13.87 billion in 2021 |
| Market Size Value by | US$ 53.40 billion by 2028 |
| Growth rate | CAGR of 21.5% from 2022 to 2028 |
| Forecast Period | 2022-2028 |
| Base Year | 2021 |
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Cloud Orchestration Market Drivers and Opportunities
Increasing need for self-servicing provisioning
Self-service provisioning is one more way of describing elastic, on-demand access to IT resources and is a defining facet of DevOps and cloud computing. It uses orchestration and automation to eliminate the manual handoffs that normally slow down digital transformation projects. A significant aspect of self-service provisioning is the ability to request suitable services from a centralized catalog of curated items using various interfaces based on organizational and user preference. The orchestration is widely used in such a process. Therefore, with the increasing need for self-servicing provisioning, the cloud orchestration market is growing.
Increase in the Demand for Automation and Low-Cost Process Setup
Self-service provisioning has been quickly growing in popularity. This is mainly due to the quick delivery of many software and services. Various SMEs have recognized this and are proceeding to capitalize on the many capabilities. SMEs recognize that it’s no longer a want but a need. For instance, DevOps engineers depend on continuous access to important infrastructure. The self-servicing option provides a faster workflow–bypassing the standard requests to an IT service provider. Thus, the increase in the demand for automation and low-cost process setup is anticipated to present new opportunities for the cloud orchestration market players during the forecast period.
Cloud Orchestration Market Report Segmentation Analysis
Key segments that contributed to the derivation of the cloud orchestration market analysis are service, deployment, application, enterprise size, and industry.
- Based on the service, the cloud orchestration market is segmented into reporting & analytics, cloud service automation, support & maintenance, training & consulting, and integration.
- By deployment, the market is segmented into public cloud, hybrid cloud, and private cloud
- By application, the market is segmented into autoscaling, compliance auditing, provisioning, and others.
- By enterprise size, the market is segmented into small and medium enterprise and large enterprise.
- By industry, the market is segmented into BFSI, education, manufacturing, government, media & entertainment, it & telecommunication, and others.
Cloud Orchestration Market Share Analysis by Geography
The geographic scope of the cloud orchestration market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South America/South & Central America. In terms of revenue, North America accounted for the largest cloud orchestration market share. The region's well-developed infrastructure, combined with its tendency for early technology adoption, is driving the demand for cloud orchestration. Furthermore, North American organizations mostly prioritize operational scalability, efficiency, and automation – all of which are key benefits offered by cloud orchestration, due to which the market in the region is growing significantly.
Cloud Orchestration Market Report Scope
Cloud Orchestration Market News and Recent Developments
The cloud orchestration market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for speech and language disorders and strategies:
- In February 2024, Red Hat, Inc., the world's leading provider of open-source solutions, and Tech Mahindra, a leading provider of consulting, digital transformation, and business re-engineering services and solutions, today announced a collaboration to make it easier for telecommunications service providers to accelerate and manage 5G adoption and deployments across the hybrid cloud. (Source: Red Hat, Press Release)
- In February 2024, Singtel and VMware, acquired by Broadcom Inc., are partnering to enable enterprises to seamlessly manage their connectivity and cloud infrastructure through Singtel Paragon, the industry’s first all-in-one orchestration platform for 5G and edge cloud. (Source: Singtel, Press Release)
Cloud Orchestration Market Report Coverage and Deliverables
The “Cloud Orchestration Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Market dynamics such as drivers, restraints, and key opportunities
- Key future trends
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
- Detailed company profiles
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Services, Deployment, Application, Enterprise Size, Industry, and Geography
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
US, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina
Frequently Asked Questions
The global cloud orchestration market was estimated to be US$ 20.04 billion in 2023 and is expected to grow at a CAGR of 21.8 % during the forecast period 2023 - 2031.
The key players holding majority shares in the global cloud orchestration market are MORPHEUS DATA LLC, BMC Software Inc., CloudBolt Software Inc., Cloudify Platform Ltd., and Embotics Corporation.
The global cloud orchestration market is expected to reach US$ 97.08 billion by 2031.
The growth of multi-cloud orchestration solutions driving the growth of stadiums is anticipated to play a significant role in the global cloud orchestration market in the coming years.
The Increasing need for self-servicing provisioning and the increase in the demand for automation and low-cost process setup are the major factors that propel the global cloud orchestration market.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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