Workflow Orchestration Market to 2022 – Growing Steady at 29.8% CAGR and Projected to Reach US$ 50.82 Billion

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The Workflow Orchestration Market is projected to grow from US$ 13.81 Billion in 2017 to US$ 50.82 Billion by 2022, at a CAGR of 29.8% during the forecast period. Organizations are increasingly adopting workflow orchestration to increase operational efficiency and productivity level as well as improve business outcomes with effective strategic decisions.

“Based on type, the cloud orchestration segment is estimated to lead the workflow orchestration market in 2017.”
The cloud orchestration segment is estimated to lead the workflow orchestration market in 2017.Cloud orchestration defines the arrangement and synchronization of automated tasks, which eventually results in a consolidated process or workflow. Managing interconnections and exchanges between cloud-based and on-premises business units are essential characteristics of a cloud orchestrator.

“The workflow orchestration market in Asia Pacific is expected to grow at the highest CAGR during the forecast period.”
The Workflow Orchestration Market has been segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa, and Latin America. Workflow orchestration is increasingly adopted by organizations in the Asia Pacific region to reduce operational costs and capital expenses. This, in turn, is projected to drive the growth of the workflow orchestration market in the Asia Pacific region.

The break-up of profiles of primary participants is given below as:
• By Company Type: Tier 1:50%, Tier 2:30%, and Tier 3: 20%
• By Designation: C Level: 40%, D Level:30%, and Others: 30%
• By Region: North America:40%, Europe: 20%,Asia Pacific: 30%, and RoW: 10%

The Study Objectives of this report are:

• To forecast the size of market segments with respect to 5 main regions, namely, North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and Latin America

• To provide detailed information regarding major factors, such as drivers, restraints, opportunities, and challenges, influencing the growth of the market

• To strategically analyze each submarket with respect to individual growth trends, prospects, and contribution to the market

• To analyze opportunities in the market for stakeholders by identifying high-growth segments

• To profile key market players and provide comprehensive analysis based on their business overviews, product offerings, regional presence, business strategies, and key financials with the help of in-house statistical tools to understand the competitive landscape of the market

• To track and analyze competitive developments such as mergers & acquisitions, product developments, agreements, partnerships & collaborations, and Research & Development (R&D) activities undertaken by key players in the workflow orchestration market

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#Top Key Players in the “Workflow Orchestration Market” include are Microsoft (US),IBM (US),Cisco Systems (US),Oracle(US),VMware (US),CA Technologies (US),Arvato AG (Germany),BMC Software (US),Service Now (US),Micro Focus (UK),Dalet SA (France),Ayehu Software Technologies (US).

#Target Audience for Workflow Orchestration Market: Workflow Orchestration Providers,Workflow Automation Providers,Cloud Orchestration Providers,Business Process Management Providers,Data Center Orchestration Providers,Network Management Providers.

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