Cloud Orchestration Market Emerging Growth Analysis, Future Demand and Business Opportunities 2028

The "Cloud Orchestration Market" is expected to grow from US$ 13.87 billion in 2021; it is estimated to grow at a compound annual growth rate (CAGR) of 21.5% from 2022 to 2028.

Cloud providers are strengthening their market positions by investing heavily in developing their product portfolio. A few recent developments in cloud-based products are as follows:

• On February 21, 2022, NxtGen announced its plans to invest US$ 172.81 million (Rs 1,300 crore) to establish new data centers across India.
• In November 2021, file storage, sharing, or cloud storage services startup Digiboxx raised US$ 1.5 million in pre-series A funding. The company stated that it will invest these funds to expand its cloud-based product portfolio.
• In July 2021, Wipro announced its plan to invest US$ 1 billion in cloud-related capabilities over the next three years, including acquisitions and partnerships. Wipro also announced the launch of its 'Wipro FullStride Cloud Services".

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Companies Profiled in this report includes:

• MORPHEUS DATA LLC
• BMC Software Inc.
• CloudBolt Software Inc.
• Cloudify Platform Ltd.
• Embotics Corporation
• IBM
• Juniper Networks Inc. AppFormix
• Microsoft Inc.
• Tata Consultancy Services
• VMware Inc

MARKET DYNAMICS

Many cloud-based solution and service providers are working to provide efficient and cost-effective cloud-based solutions and services that can assist end users in selecting the cost-effective architecture delivering the required performance. With the growing popularity of multi-cloud environments, the third-party cost optimization market is likely to rise in the coming years. Third-party cost optimization services provide high-quality analytics that maximizes cost savings without compromising performance. Also, the services provide multi-cloud management consistency and cloud provider independence. The early need for optimization is a necessary component of cloud migration projects. Thus, the early establishment of skills and processes, using tools to analyze operational data, and the identification of cost-cutting opportunities to maximize savings may benefit third-party cloud solutions. The increasing competition and the rising governments investments in cloud-based product developments to provide cost-effective cloud computing products propel the adoption of cloud-based solutions. All these factors are expected to create future market opportunities for the cloud orchestration market players.

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Cloud Orchestration Market Segmentation:

By Service:
• Reporting & Analytics
• Cloud Service Automation
• Support & Maintenance
• Training & Consulting
• Integration

By Deployment:
• Public Cloud
• Hybrid Cloud
• Private Cloud

By Application:
• Autoscaling
• Compliance Auditing
• Provisioning

Enterprise Size:
• Small And Medium Enterprise
• Large Enterprise

By Industry:
• BFSI
• Education
• Manufacturing
• Government
• Media & Entertainment, IT & Telecommunication

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry, including qualitative and quantitative information. The global cloud orchestration market is segmented into five major regions-North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America. The market report covers the analysis and forecast of 18 countries across the world, along with trends and opportunities prevailing in the region.

From the regional perspective, North America is expected to hold the largest share of the cloud orchestration market during the forecast period. The market in North America is segmented into the US, Canada, and Mexico. The favorable policies of government, presence of leading cloud orchestration solution providers, and robust infrastructure of internet are among the primary factors driving the North American cloud orchestration market growth. Cross-Border Privacy Rules (CBPR) by the US attracted many investors to invest in IT in the country. The Canadian government's strict data policies for storing data in country force international companies to establish operations and data centers in Canada, further supporting the cloud orchestration market growth.

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