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Cloud Orchestration Market Estimated to Discern 2X Expansion by 2025

10-18-2017 11:56 AM CET | IT, New Media & Software

Press release from: Persistance Market Research

Cloud Orchestration Market Estimated to Discern 2X Expansion

Many organizations and enterprises from around the world are adopting SaaS (Software-as-a-Service) application management solutions for determining how applications can be repositioned and re-visualized in their IT environments. Rampant adoption of such solutions have helped small enterprises as well as multi-national conglomerates in identifying incompatible applications, which further improved their approach towards analyzing an overall system’s performance. These SaaS management solutions are developed on cloud-computing software, hence, a rise in their adoption is incidentally boosting the sales of global cloud orchestration market.

Persistence Market Research’s new report on the global market for cloud orchestration reveals that owing to higher adoption of SaaS management solutions, the market will reach a value of US$ 20.7 Bn and reflect a robust expansion at 14.6% CAGR by the end of 2025. The report also reveals that global cloud orchestration market is anticipated to bring in close to US$ 7 Bn revenues by the end of 2017. During this decadal forecast period, increasing adoption of hybrid cloud models in financial institutions and transition of global enterprise infrastructure from dedicated servers to cloud networks will collectively be observed as a substantial driving force for the growth of global cloud orchestration market.

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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.

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.

Download TOC: https://www.persistencemarketresearch.com/market-research/cloud-orchestration-market/toc

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.

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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