Tuesday, 02 January 2024 12:17 GMT

Cloud Orchestration Market To Hit $105.07 Bn By 2030 Driven By AI & Multi-Cloud Adoption


(MENAFN- EIN Presswire) EINPresswire/ -- According to a new report published by Allied Market Research Cloud Orchestration Market Size, Share, Competitive Landscape and Trend Analysis Report, by Service, (Configuration, Cloud Service Automation, and Support and Maintenance), Deployment Mode (Private, Public and Hybrid) Organization Size, (Large Enterprises and Small & Medium Sized Enterprises), Industry Vertical (BFSI, Government and Education, Healthcare, Telecom and IT, Retail, Manufacturing, Media and Entertainment, Oil & Gas, Metals & Mining, Petrochemical, Energy & Utilities, Pulp & Paper, Agriculture and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030, The cloud orchestration market size was valued at $14.98 billion in 2020, and is projected to reach $105.07 billion by 2030, registering a CAGR of 21.4%.

The global cloud orchestration market is witnessing significant growth as organizations increasingly adopt cloud computing solutions. Cloud orchestration enables seamless management, automation, and coordination of complex cloud services across multiple platforms, ensuring efficiency, scalability, and cost-effectiveness.

With digital transformation accelerating across industries, businesses are leveraging cloud orchestration to optimize workloads, enhance operational agility, and streamline IT processes. The rising demand for hybrid and multi-cloud environments is further boosting the adoption of cloud orchestration solutions globally.

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Market Dynamics
1. Rising Adoption of Multi-Cloud Environments:
Organizations are increasingly deploying multiple cloud platforms to avoid vendor lock-in and enhance flexibility. Cloud orchestration helps manage these diverse environments efficiently, driving market growth.

2. Automation and Operational Efficiency:
Automation of workflows, resource allocation, and deployment processes reduces manual intervention, improves productivity, and lowers operational costs, making cloud orchestration a vital tool for enterprises.

3. Growing Need for Cost Optimization:
Cloud orchestration solutions help businesses monitor and manage resource utilization, optimize cloud spending, and ensure cost-effective operations, which is a key growth driver.

4. Increasing Demand for Real-Time Analytics and Monitoring:
The requirement for real-time insights, performance monitoring, and proactive issue resolution is propelling the adoption of cloud orchestration platforms that integrate advanced analytics and AI capabilities.

5. Challenges Related to Security and Compliance:
Although adoption is growing, concerns over data security, regulatory compliance, and integration complexities remain challenges that vendors are addressing through advanced security features and standardized frameworks.

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Segment Overview
The cloud orchestration market is segmented based on service type, deployment model, organization size, and industry vertical. Service-based segments include cloud management, monitoring, and automation, while deployment models cover public, private, and hybrid clouds. Enterprises of all sizes are increasingly leveraging orchestration solutions to enhance operational efficiency and manage complex IT ecosystems.

In 2020, based on service type, the configuration segment led the cloud orchestration market and is projected to maintain its dominance in the coming years. This is attributed to substantial cost savings on total cost of ownership and the growing need for optimal resource utilization across small, medium, and large enterprises.

By organization size, large enterprises dominated the cloud orchestration market in 2020, a trend expected to continue, driven by the extensive deployment of cloud orchestration solutions to support IoT and immersive digital experiences. Meanwhile, the SME segment is projected to record the highest growth rate during the forecast period, as the highly competitive market encourages small and medium enterprises worldwide to invest in cloud orchestration solutions to effectively reach their target audiences.

Regional Analysis
North America leads the cloud orchestration market due to rapid cloud adoption, advanced IT infrastructure, and the presence of major market players. The region benefits from early technology adoption and strong investment in digital transformation initiatives.

Asia-Pacific is expected to witness the fastest growth during the forecast period, driven by increasing cloud adoption in emerging economies, growing IT investments, and a surge in digital transformation initiatives across various industries.

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Competitive Analysis:
Some of the key cloud orchestration industry players profiled in the report Amazon Web Services, Inc., BMC Software, Inc., Cisco Systems, INC., DXC Technology Company, HP Inc., IBM Corporation, VMware, Inc., Rackspace US, Inc., Oracle Corporation and Flexiscale Technologies Limited. This study includes market trends, Cloud Orchestration market analysis, and future estimations to determine the imminent investment pockets.

Key Findings of the Study
.By service type, in 2020 the configuration dominated the cloud orchestration market size.
.Depending on organization size, the large enterprises generated the highest revenue in 2020 of cloud orchestration market share. However, the small and medium enterprises segment is expected to exhibit significant growth during the forecast period.
.According to the deployment, the public cloud generated the highest revenue in 2020. However, the hybrid segment is expected to exhibit significant growth during the forecast period
.Region wise, the cloud orchestration industry was dominated by North America region. However, Asia-Pacific is expected to witness significant growth in the upcoming years.

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