Press release
Cloud Orchestration Market : Rising adoption of DevOps-driven hybrid and multi cloud management software
The global cloud orchestration market is estimated to be valued at nearly US$ 6,970 Mn in 2017 and is projected to cross US$ 20 Bn by 2025 end. Sales revenue is expected to register a CAGR of 14.6% during the forecast period (2017–2025).Rising adoption of DevOps-driven hybrid and multi cloud management software
Enterprises are adopting hybrid cloud management software, which helps them deliver and manage a full-spectrum hybrid and multi-cloud environment to accelerate digital transformation. This adoption of hybrid cloud platforms by organizations helps DevOps to enable continuous data delivery across the cloud. Hybrid cloud management software helps improve IT agility, responsiveness, and overall operational efficiency.
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Rising adoption of on-demand services with automated provisioning infrastructure
Presently, enterprises are adopting on-demand services with automated provisioning infrastructure that helps them minimize time while provisioning cloud services and managing cloud infrastructure as per the business needs. These services help minimize complexity while interconnecting heterogeneous components such as networks and storage devices using simplified automation provisioning infrastructure, which minimizes errors and manual workload.
Enterprises are facing restraints while migrating sensitive data to the cloud
Now-a-days, enterprises are widely migrating their IT infrastructure to the cloud in order to minimize storage space and to gain quick access. Financial institutions and banks mainly deal in transferring critical data of their employees, so in order to maintain quick storage and retrieval of this very critical data, enterprises are facing difficulties related to security concerns while migrating to the cloud.
Automating application deployment and management with real-time analytics is gaining traction
Enterprises are adopting automated application deployment in order to minimize the risk of downtime, which directly shuts down entire enterprise operations. Hence, enterprises are implementing automatic application deployments using real-time analytics to obtain transparency throughout enterprise operational processes. This solution helps enterprises monitor all business activities and provides software driven access to all IT resources through APIs, thereby minimizing human errors.
Global Cloud Orchestration Market Attractiveness, By Application, 2017–2025
In terms of value, the cloud service management segment is projected to be the most attractive in the global cloud orchestration market during the forecast period. The cloud service management segment is estimated to register high Y-o-Y growth rates throughout the forecast period. In terms of value, this segment is anticipated to register a CAGR of 15.9% during the forecast period. In 2016, the cloud service management segment was valued at US$ 2,013 Mn and is expected to witness steady growth in terms of revenue throughout the forecast period.
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Cloud Orchestration for Small and Medium Business Enterprises
In the coming years, it is expected that small and medium enterprises are going to be top adopters of cloud orchestration platforms and services. This platform helps enterprises improve business functionality by minimizing operating costs and improving productivity. As investments in cloud orchestration platforms and services is witnessing a significant rise, small sized businesses can also be benefited by improving their efficiency of operations. This is expected to act as a potential growth factor for global cloud service providers to offer their orchestration services to small and medium sized businesses.
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
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