Workflow Orchestration Market by Type (Business Process Orchestration, Security Orchestration, and Network Management),Global Opportunity Analysis and Industry Forecast, 2021–2027

Orchestration is referred as automating various things at once, the aim of orchestration is to optimize and streamline common, repeatable procedures to ensure accurate and faster deployment of software. Workflow orchestration can be defined as a logical flow of activities or task from a start event to an end event to complete a specific service. It is mainly used to operate and streamline workflows more effectively by orchestrating major elements, technical procedures and physical tasks of live or video-on demand production, broadcasting, and distribution workflows. There are three types of workflow orchestration, namely, self-service offerings; in which user interface and the service request flow is incorporated; user actions; which are used for defining additional actions that cloud users can run on a given running request; and event-triggered actions; which are called up at various points like before and after virtual systems are started so that categorization process can be improved. Workflow orchestration market growth is attributed to various benefits such as to reduce operational costs and stream line time consuming and repetitive tasks.

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Increase in demand for workflow orchestration solutions among broadcasting companies to increase productivity and efficiency level of their organization and growth in requirement for high volume transformation and processing by big data workflows are the major factors that drive the growth of the workflow orchestration market. In addition, increase in efficiency and productivity level of organizations and improvement in business outcomes with better strategic decisions fuel the growth of the market. However, high implementation cost and lack of technical expertise hamper the growth of the market. Furthermore, digitization and the requirement to streamline business processes are anticipated to create major opportunities for the market.
The workflow orchestration market is segmented into type, organization size, industry vertical, and region. By type, it is classified into data center orchestration, cloud orchestration, business process orchestration, security orchestration, and network management. As per organization size, the workflow orchestration market is segmented into large enterprises and small & medium enterprises. As per industry vertical, the market is categorized into BFSI, retail & e-commerce, manufacturing, government & defense, energy & utilities, IT & telecom, education, healthcare, and others. Region-wise, the global workflow orchestration market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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Key players such as IBM Corporation, Oracle Corporation, Microsoft Corporation, Cisco Systems Inc., VMware Inc., BMC Software Inc., Ayehu Software Technologies, Google (Alphabet Inc.), ServiceNow Inc., and Nuance Communications Inc. are included in the workflow orchestration market study. Current and future market trends are outlined to determine the overall attractiveness of the market.

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KEY BENEFITS FOR STAKEHOLDERS
The study provides an in-depth analysis of the global workflow orchestration market share along with the current trends and future estimations to elucidate the imminent investment pockets.
Information about the key drivers, restraints, and opportunities and their impact analysis on the workflow orchestration market size is provided.
Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the workflow orchestration industry.
The quantitative analysis of the market from 2019 to 2026 is provided to determine the market potential.

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