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Cloud Orchestration Market Continues to Soar with Growing Demand for Automated Cloud Management Solutions

04-12-2023 01:39 PM CET | IT, New Media & Software

Press release from: Persistence market research

The cloud orchestration market refers to the set of tools, services, and technologies used to automate and manage cloud computing resources and workflows. Cloud orchestration allows organizations to deploy, manage, and scale cloud-based applications and services across multiple cloud platforms and infrastructure types.

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Cloud orchestration platforms enable organizations to manage and optimize their cloud resources and services, including compute, storage, networking, and security, through a single interface. This helps to streamline IT operations and increase efficiency, while reducing costs and improving agility.
The market for cloud orchestration is expected to reach a value of roughly US$ 6,970 Mn in 2017 and US$ 20 Bn by the end of 2025. Sales revenue is anticipated to grow at a 14.6% CAGR over the course of the projection period (2017-2025).

Key players in the global cloud orchestration market are profiled in the report, and they include

• Geminare Incorporated
• Infrascale Inc.
• RackWare
• Unitrends Inc.
• CloudVelox
• Zerto Ltd.
• IBM Corporation
• Hewlett Packard Enterprise (HPE),
• VMware Inc
• Cloudability Inc
• Cloudyn
• RightScale

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Recent Developments in Cloud Orchestration Market

The cloud orchestration market is constantly evolving, with new technologies and trends emerging regularly. Here are some recent
developments in the cloud orchestration market:

1. Multi-Cloud Orchestration: With the increasing adoption of multi-cloud environments, organizations are looking for solutions that can orchestrate and manage workloads across multiple clouds. This has led to the emergence of multi-cloud orchestration platforms that can provide visibility and control over all cloud resources.
2. Kubernetes-based Orchestration: Kubernetes has become the de-facto standard for container orchestration, and many organizations are now using Kubernetes-based solutions to manage their cloud infrastructure. Kubernetes provides a consistent way to manage containers across multiple cloud platforms, making it easier to deploy and manage applications.
3. Serverless Orchestration: Serverless computing is gaining popularity as a way to run applications without managing servers. Serverless orchestration platforms, such as AWS Lambda and Azure Functions, are being used to automate the deployment and management of serverless applications.
4. Artificial Intelligence (AI) and Machine Learning (ML) Orchestration: AI and ML are being used to automate and optimize various processes in the cloud orchestration market. AI and ML can be used to analyze data and make predictions, which can help organizations optimize their cloud resources.

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COVID-19 Impact on Cloud Orchestration Market

The COVID-19 pandemic has had a significant impact on the cloud orchestration market. As more organizations have shifted towards remote work arrangements, the demand for cloud-based services has increased substantially, and cloud orchestration has become an essential tool for managing these services.

One of the key impacts of COVID-19 on the cloud orchestration market has been an increase in demand for cloud management platforms. These platforms provide organizations with a centralized system for managing and automating their cloud infrastructure, allowing them to optimize their resources and reduce costs. The need for remote management tools has grown, making cloud orchestration platforms more important than ever.

Another impact of the pandemic has been an increase in the adoption of hybrid cloud environments. With the shift towards remote work, many organizations have had to quickly adapt to new technologies and find ways to maintain productivity.

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Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductors and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.

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