Cloud Orchestration Market worth Projected to Grow $14,172.5 Million by 2021

According to research report “Cloud Orchestration Market by Service Type (Cloud Service Automation, Reporting & Analytics, Training, Consulting & Integration, and Support & Maintenance), Application, Deployment Model, Organization Size, Vertical, & Region – Global Forecast to 2021″, The cloud orchestration market size is estimated to grow from USD 4,950.5 Million in 2016 to USD 14,172.5 Million by 2021, at a CAGR of 23.4% during the forecast period.

Browse and in-depth TOC on “Cloud Orchestration Market – Global Forecast to 2021”
73 – Tables

54 – Figures

144 – Pages

The key forces driving the cloud orchestration market include growing demand for optimum resources utilization, increasing need for self-service provisioning, and flexibility, agility, and cost-efficiency. Cloud orchestration services also provide scalability and flexibility to scale up or scale down the resources consumed. With the increase in the adoption rate of cloud orchestration among Small and Medium Enterprises (SMEs), the cloud orchestration market is expected to gain major traction during the forecast period.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=121240924

Reporting and analytics service is expected to contribute the largest market share

The reporting and analytics service has gained importance over the years owing to the need for improved decision-making, optimizing internal business process, increasing operational efficiency, and gaining competitive advantage. This service provides additional benefits such reduced time-consuming manual tasks, improved accuracy, management of heavy workloads, and increased business opportunity.

Compliance auditing segment is expected to grow at the highest rate during the forecast period

Among applications, the compliance auditing segment is expected to grow at the highest rate in the cloud orchestration market during the forecast period. Compliance auditing allows enterprises to focus on their core businesses, service quality, and better end user experience while delivering optimized and quality IT services. Enterprises are impacted by compliance auditing and therefore systematic planning of regulation hurdles can be addressed with compliance automation.

Speak to Our Expert Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=121240924

North America is expected to contribute the largest market share; Asia-Pacific (APAC) to grow the fastest

North America is expected to hold the largest market share and dominate the cloud orchestration market from 2016 to 2021 owing to large investments in cloud-based solutions, early adoption of new & emerging technologies, and large number of players present in this region. The APAC region is in the initial growth phase; however, it is the fastest-growing region for the global cloud orchestration market. The key reasons for the high growth rate in APAC are growing demand for automation of processes and rising cloud-based applications in region.

The major vendors providing cloud orchestration solutions and services are IBM Corporation (Armonk, New York, U.S.); HP Enterprise Company (Palo Alto, California, U.S.); Oracle Corporation (Redwood City, California, U.S.); Cisco Systems, Inc. (San Jose, California, U.S.); Amazon Web Services (Seattle, Washington, U.S.);  VMware Inc. (Palo Alto, California, U.S.); Computer Sciences Corporation (Tysons, Virginia, U.S.); Red Hat, Inc. (Raleigh, North Carolina, U.S.); ServiceNow, Inc. (Santa Clara, California, U.S.); and BMC Software (Houston, Texas, U.S.).

About MarketsandMarkets

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Sanjay Gupta
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: sales@marketsandmarkets.com