Cloud Orchestration Global Market Report 2022-Market Size, Trends, And Global Forecast 2022-2026

The Business Research Company’s Cloud Orchestration Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026

LONDON, GREATER LONDON, UK, May 4, 2022 /EINPresswire.com/ -- The increasing dominance of cloud-based applications is expected to propel the cloud orchestration industry growth over the coming years. Cloud-based applications offer major benefits to the customer such as cost-effectiveness, easy integration, implementation, and lower cost of purchase. Cloud applications also help enterprises to standardize system configurations and automate IT support processes. Cloud orchestration is used to provision, deploy, or start servers, acquire and assign storage space, manage networking, construct virtual machines, and gain access to certain applications on cloud services. For instance, according to InfoWorld, a US-based IT media business, the global spending on public cloud services and infrastructure will reach around $500 billion by 2023. According to the cloud orchestration market research, the increasing adoption of cloud-based applications is contributing to the growth of the market.

The global cloud orchestration market size is expected to grow from $12.67 billion in 2021 to $15.30 billion in 2022 at a compound annual growth rate (CAGR) of 20.7%. The global cloud orchestration market share is expected to grow to $31.21 billion in 2026 at a CAGR of 19.5%.

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Major players covered in the global cloud orchestration market are Geminare Incorporated, Infrascale Inc., RackWare, Unitrends Inc., CloudVelox, Zerto Ltd., IBM Corporation, Hewlett Packard Enterprise Company, VMware Inc, Apptio Inc., Microsoft, Flexera, Scalr, Actifio, Veritas, CloudEndure, Oracle Corporation, Cisco Systems Inc., and Amazon Web Services.

Automated cloud orchestration and optimization is a key trend gaining popularity in the cloud orchestration market. Cloud automation is the process of usage of automated tools and processes to execute workflows in a cloud environment. It helps enterprises to reduce the manual work required by IT teams by automating cloud-related tasks, such as application deployment. Cloud orchestration and optimization enable enterprises to effectively manage the complications attached to interconnected services across different applications.

TBRC’s global cloud orchestration market report is segmented by service type into cloud service automation, training, consulting, and integration, support and maintenance, by deployment mode into private, public, hybrid, by organization size into small and medium enterprises (SMEs), large enterprises, by end-user into healthcare and life sciences, transportation and logistics, government and defense, IT and telecom, retail, manufacturing, others.

Cloud Orchestration Global Market Report 2022 – By Service Type (Cloud Service Automation, Training, Consulting, And Integration, Support And Maintenance), By Deployment Mode (Private, Public, Hybrid), By Organization Size (Small And Medium Enterprises (SMEs), Large Enterprises), By End-User (Healthcare And Life Sciences, Transportation And Logistics, Government And Defense, IT And Telecom, Retail, Manufacturing, Other End-Users) – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides a cloud orchestration market overview, forecast cloud orchestration market size and growth for the whole market, cloud orchestration market segments, geographies, cloud orchestration market trends, cloud orchestration market drivers, restraints, leading competitors’ revenues, profiles, and market shares.

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