Press release
Increasing Adoption of Multi-Cloud Strategies Boosting Cloud Orchestration Market
The Cloud Orchestration Market is a rapidly growing industry that involves automating and managing cloud resources and services. Cloud orchestration refers to the process of coordinating the deployment, scaling, and management of multiple cloud-based applications and services.The global market for cloud orchestration is anticipated to reach over US$ 6,970 Mn in value in 2017 and US$ 20 Bn by the end of 2025. During the forecast period (2017-2025), sales revenue is anticipated to grow at a 14.6% CAGR.
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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
Key Trends in Cloud Orchestration Market
Cloud orchestration refers to the process of automating and coordinating the deployment, management, and operation of multiple cloud services and applications. As organizations continue to adopt multi-cloud and hybrid cloud strategies, the cloud orchestration market is witnessing significant growth and evolving to meet the changing needs of businesses. One key trend in the cloud orchestration market is the increased demand for self-service capabilities that enable users to deploy and manage their own cloud resources, without relying on IT teams. Another trend is the growing adoption of container orchestration tools, such as Kubernetes, to help organizations manage and scale containerized applications across multiple clouds.
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Factors Fuelling Growth in Cloud Orchestration Market
Cloud orchestration has become an increasingly vital aspect of the modern IT landscape, driving the growth of a rapidly expanding market. Several factors are contributing to this trend, including the growing adoption of cloud-based technologies across various industries and the need for streamlined management of complex cloud environments.
Additionally, the emergence of new technologies like AI and IoT is creating new opportunities for cloud orchestration solutions, as organizations seek to manage the massive amounts of data generated by these technologies. Another key driver of market growth is the increasing demand for hybrid and multi-cloud solutions, which enable organizations to leverage the strengths of multiple cloud providers and deploy workloads across diverse cloud environments.
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Market Segmentation
By Application
• Cloud Service Management
• Cloud DevOps
• Cloud Migration
• API Management
By Deployment Type
• On-Premise
• SaaS
By Operating Environment
• Private
• Public
• Hybrid
By Verticals
• Healthcare
• Retail
• Transportation & Logistics
• Government
• Manufacturing
• IT & Telecom
• Energy & Utilities
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
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https://www.persistencemarketresearch.com/market-research/portable-battery-pack-market.asp
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