Press release
Workflow Orchestration Market predicted to reach $50.82 Billion by 2022
According to a new market research report "Workflow Orchestration Market by Type (Cloud Orchestration, Data Center Orchestration, Business Process Orchestration, and Security Orchestration), Organization Size (SMEs and Large Enterprises), Vertical, and Region - Global Forecast to 2022" published by MarketsandMarkets™, the workflow orchestration market estimated to be USD 13.81 Billion in 2017 and is projected to reach USD 50.82 Billion by 2022, at a CAGR of 29.8% from 2017 to 2022. The growth of the workflow orchestration market can be attributed to the need to achieve improved business outcomes and enhance operational efficiency as well as productivity level.Browse 65 tables and 39 figures spread through 118 pages and in-depth TOC on "Workflow Orchestration Market”
Browse Full Report @ https://www.marketsandmarkets.com/Market-Reports/workflow-orchestration-market-184263782.html
Based on type, the business process orchestration segment of the workflow orchestration market is expected to witness the highest growth during the forecast period.
Based on type, the business process orchestration segment is projected to grow at the highest CAGR during the forecast period. Business process orchestration refers to modeling, implementing, integrating, and monitoring of custom process applications. It enables organizations to significantly reduce time and cost needed to model and implement business processes, services, and applications. Thus, the adoption of business process orchestration by enterprises worldwide is projected to drive the growth of the business process orchestration segment.
Based on organization size, the Small & Medium-sized Enterprises (SMEs) segment of the workflow orchestration market is expected to grow at the highest CAGR during the forecast period.
Based on organization size, the Small & Medium-sized Enterprises (SMEs) segment of the workflow orchestration market is projected to witness the highest growth during the forecast period. This growth can be attributed to the adoption of workflow orchestration by SMEs to streamline business processes, reduce downtime, and improve business efficiency.
Based on vertical, the IT & telecommunication segment is estimated to lead the workflow orchestration market in 2017.
Based on vertical, the IT & telecommunication segment is estimated to lead the workflow orchestration market in 2017. Companies in the IT & telecommunication vertical are focused on the implementation of cloud-based business support systems. Leading telecommunication companies are transforming their business functions by adopting workflow orchestration to ensure high level of customer interaction and reduce manual workload.
North America is estimated to lead the workflow orchestration market in 2017.
North America is estimated to lead the workflow orchestration market in 2017. The growth of the workflow orchestration market in North America is primarily driven by the presence of key players, such as IBM (US), VMware (US), Microsoft (US), Oracle (US), and BMC Software (US), offering workflow orchestration solutions in this region. The digitalization of organizations has created an opportunity to refine and streamline various business activities through workflow automation and orchestration. Several organizations in North American countries are opting for workflow orchestration to reduce operational costs and achieve improved business outcomes, which, in turn, is expected to drive the growth of the workflow orchestration market in this region.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=184263782
Key players operating in the workflow orchestration market include Microsoft (US), IBM (US), Cisco Systems (US), Oracle (US), VMware (US), CA Technologies (US), Arvato AG (Germany), BMC Software (US), ServiceNow (US), Micro Focus (UK), Dalet SA (France), and Ayehu Software Technologies (US).
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Email: sales@marketsandmarkets.com
MnM Blog: https://mnmblog.org
Content Source: https://www.marketsandmarkets.com/PressReleases/workflow-orchestration.asp
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Workflow Orchestration Market predicted to reach $50.82 Billion by 2022 here
News-ID: 2323568 • Views: …
More Releases from MarketsandMarkets™
Feed Premix Market, Global Industry Size Forecast
The global feed premix market size is estimated to be valued at USD 24.3 billion in 2021 and is projected to reach a value of USD 32.9 billion by 2026, growing at a CAGR of 6.2% during the forecast period. The growth of this market is attributed to increasing awareness about feed quality, and the implementation of innovative animal husbandry practices to improve meat quality are the important drivers for…
Water-soluble Fertilizers Market is Expected to Grow $23.9 billion in 2028
According to a research report "Water-soluble Fertilizers Market by Type (Nitrogenous, Phosphatic, and Potassic), Mode of Application (Foliar and Fertigation), Form (Dry and Liquid), Crop Type (Field Crop, Horticulture Crops, Turf & ornaments) and Region - Global Forecast to 2028" published by MarketsandMarkets, the water-soluble fertilizers market is estimated at USD 18.3 billion in 2023 and is projected to reach USD 23.9 billion in 2028, at a CAGR of 5.5%.…

Population Health Management (PHM) Market worth $53.3 billion by 2027 - Leading …
Population Health Management (PHM) Market is projected to grow from USD 27.8 billion in 2022 to USD 53.3 billion by 2027, at a CAGR of 13.9% from 2022 to 2027, according to a new report by MarketsandMarkets™. The Growth in this market is driven by the opportunities offered by the emerging markets in healthcare. However, lack of data management, and interoperability issues are expected to challenge the growth of this…

Veterinary Pain Management Market worth $2.5 billion - Leading Key Players are B …
Veterinary Pain Management Market is projected to grow from USD 1.8 billion in 2022 to USD 2.5 billion by 2027, at a CAGR of 6.7% from 2022 to 2027, according to a new report by MarketsandMarkets™. The Pain is the physiological term to describe the chemical processes that are at work in the body that receive a stimulus, modify it, and transfer it to the brain for interpretation and reaction.…
More Releases for Orchestration
Network Orchestration Market Size Analysis by Application, Type, and Region: For …
USA, New Jersey- According to Market Research Intellect, the global Network Orchestration market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period.
The network orchestration market is witnessing strong growth, driven by the increasing need for efficient management of complex network infrastructures. As organizations migrate to 5G…
Global Workflow Orchestration Market Size by Application, Type, and Geography: F …
USA, New Jersey- According to Market Research Intellect, the global Workflow Orchestration market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period.
The market for workflow orchestration is expected to grow significantly over the next several years due to the quick development of new technologies and the…
Emerging Process Orchestration Market Trend 2025-2034: Workflow Automation For O …
How Is the Process Orchestration Market Projected to Grow, and What Is Its Market Size?
The process orchestration market has grown exponentially in recent years. It will expand from $5.58 billion in 2024 to $6.75 billion in 2025, at a CAGR of 21.0%. This growth is due to the rise of enterprise resource planning (ERP) systems, the adoption of service-oriented architecture (SOA), the business process management (BPM) movement, the emergence of…
trimplement launches payment orchestration platform Finergizer
The Cologne-based software company trimplement has given the starting signal for its microservice-based payment orchestration platform Finergizer. Since 2010, trimplement has been developing tailor-made online payment software for leading international companies such as BMW, Delivery Hero and Deutsche Bank. Finergizer is aimed at large international e-commerce companies and digital service providers that want to accept customer payments worldwide. The software platform is offered in an on-premise model, giving customers full…
Container Orchestration Market to Reach USD 1.38 Billion | Containers, Orchestra …
Surge in adoption of application container technology, increase in implementation of micro-services, and rise in popularity of open-source container orchestration platforms drive the growth of the global container orchestration market. On the other hand, lack of cloud architect skills required for operating the container orchestration tools impedes the growth to some extent. Nevertheless, usage of container orchestration for IoT devices and rise in investment in application container technology are expected…
Workflow Orchestration Market by Type (Business Process Orchestration, Security …
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,…