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Artificial Intelligence (AI) Orchestration Market Analysis 2024-2033 : Forecast Market Size, Top Segments And Largest Region | Oracle Corporation, General Electric Company, International Business Machines Corporation, Cisco Systems Inc
Artificial Intelligence (AI) Orchestration Global Market Report 2024
The Business Research Company presents an extensive market research report on the Artificial Intelligence (AI) Orchestration Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The artificial intelligence (AI) orchestration market size has grown exponentially in recent years. It will grow from $7.57 billion in 2023 to $9.33 billion in 2024 at a compound annual growth rate (CAGR) of 23.2%. The growth in the historic period can be attributed to rise of cloud computing, surge in big data usage, proliferation of IoT devices, expansion of devops practices, growing need for real-time insights.
The artificial intelligence (AI) orchestration market size is expected to see exponential growth in the next few years. It will grow to $21.11 billion in 2028 at a compound annual growth rate (CAGR) of 22.8%. The growth in the forecast period can be attributed to rapid adoption of cloud service, increasing complexity of IT environments, demand for autonomous systems, proliferation of edge computing. Major trends in the forecast period include explainable AI, integration of ai orchestration with DevOps, enhanced security orchestration, edge AI orchestration, AI orchestration for IoT.
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Key Market Players:
Major companies operating in the artificial intelligence (ai) orchestration market report are Oracle Corporation, General Electric Company, International Business Machines Corporation, Cisco Systems Inc, SAP SE, Fujitsu Limited , Hewlett Packard Enterprise Company , Capgemini SE, GE HealthCare Technologies Inc., VMware LLC, Wipro Limited, ServiceNow Inc., Red Hat Inc., Micro Focus International plc, BMC Software Inc, TIBCO Software Inc, Dynatrace Inc., Flexera, HashiCorp, ScienceLogic, CA Technologies Inc, Cloudify, Rapid Acceleration Partners Inc., Activeeon S.A.S., Pandio, HyperSense Software, Botminds AI, ModelOp, CloudFabrix, AltaSigma GmbH
Market Drivers:
The rapid digital transformation across industries is expected to propel the growth of the artificial intelligence (AI) orchestration market in the coming years. Digital transformation is the process of leveraging digital technology to alter current or develop new company processes, cultures, and customer experiences to meet changing market and consumer expectations. Artificial intelligence (AI) orchestration promotes the digital shift by effectively integrating and coordinating several AI technologies, reducing workflows, and maximizing resource use, resulting in increased productivity and innovation. For instance, in May 2022, according to the International Business Machines Corporation (IBM), a US-based technology company, around 35% of businesses globally used artificial intelligence (AI) in 2022, which is an increase of 4% from 2021. In addition, there was a 13% increase in organizations adopting artificial intelligence (AI) in 2022 compared to 2021. Therefore, the rapid digital transformation across industries is driving the artificial intelligence (AI) orchestration market.
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https://www.thebusinessresearchcompany.com/report/artificial-intelligence-ai-orchestration-global-market-report
The artificial intelligence (ai) orchestration market covered in this report is segmented -
1) By Component: Services, Solution
2) By Deployment Mode: Cloud, On-Premise
3) By Application: Customer Service Orchestration, Infrastructure Orchestration, Manufacturing Orchestration, Workflow Orchestration, Other Applications
4) By End-Users: Information Technology And Telecommunications, Manufacturing, Healthcare, Banking Financial Services And Insurance (BFSI), Consumer Goods And Retail, Government And Defense, Energy And Utilities, Other End-Users
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