Cloud Orchestration Market Size, Share, Growth Analysis, By Service(Cloud Service Automation, Reporting & Analytics, Training, Consulting & Integration), By Deployment Mode(Private, Public and Hybrid), By Organization size(Large Enterprises and Small & Medium Sized Enterprises), By Industry vertical(BFSI, Government and Education, Healthcare, Telecom and IT), By Region - Industry Forecast 2024-2031

Report ID: SQMIG45D2073 | Region: Global | Published Date: March, 2024
Pages: 197 | Tables: 127 | Figures: 77

Cloud Orchestration Market News

In February 2024, Singtel and VMware, acquired by Broadcom Inc., partnered in Barcelona to enable enterprises to seamlessly manage their connectivity and cloud infrastructure through Singtel Paragon, the industry’s first all-in-one orchestration platform for 5G and edge cloud.
In February 2024, open-source solutions firm Red Hat and Indian IT and consulting services provider Tech Mahindra collaborated to help telecom operators manage 5G deployments across hybrid clouds. This helped to increase scalability, speed cloud migrations and make managing 5G services easier via a centralized orchestrator and integrated automation capabilities.
In January 2024, Tealium announced New AI, Real-Time Personalization, Consent Orchestration, and Cloud Data Warehouse Partner.

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Cloud Orchestration market size was valued at USD 16.84 billion in 2022 and is poised to grow from USD 20.44 billion in 2023 to USD 96.45 billion by 2031, growing at a CAGR of 21.4% in the forecast period (2024-2031).

The competitive landscape of the cloud orchestration market is characterized by a dynamic interplay of technological advancements, strategic partnerships, and innovative solutions. As businesses increasingly recognize the benefits of seamless resource allocation and streamlined workflows offered by cloud orchestration, the market has witnessed the emergence of numerous players striving to offer comprehensive solutions. 'Amazon Web Services, Inc. (US)', 'BMC Software, Inc. (US)', 'Cisco Systems, Inc. (US)', 'DXC Technology Ltd. (UK)', 'Hewlett Packard Enterprise Development LP (US)', 'IBM Corporation (US)', 'VMware, Inc. (US)', 'Rackspace US, Inc. (US)', 'Oracle Corporation (US)', 'Flexiscale Technologies Limited (UK)', 'Google LLC (US)', 'Microsoft Corporation (US)', 'Red Hat, Inc. (US)', 'Dell Technologies Inc. (US)', 'Nutanix, Inc. (US)', 'Juniper Networks, Inc. (US)', 'Citrix Systems, Inc. (US)', 'ServiceNow, Inc. (US)', 'Huawei Technologies Co., Ltd. (China)', 'Fujitsu Limited (Japan)'

Organizations are increasingly leveraging a combination of public and private cloud services, along with their on-premises infrastructure, to achieve a balance between cost-efficiency, scalability, and data security. Cloud orchestration solutions play a pivotal role in managing and optimizing these complex hybrid environments by automating provisioning, scaling, and monitoring of resources across different cloud platforms.

Rise of Multi-Cloud Orchestration Solutions: In the realm of the Cloud orchestration market, a notable trend is the growing adoption of multi-cloud orchestration solutions. Organizations are increasingly recognizing the advantages of diversifying their cloud services across multiple providers to mitigate risks, enhance performance, and optimize costs. As a result, the demand for orchestration platforms that can seamlessly manage and integrate various cloud environments has surged. Multi-cloud orchestration enables businesses to achieve greater flexibility, avoid vendor lock-in, and strategically allocate workloads based on specific cloud strengths.

North America has emerged as a dominant force in the cloud orchestration market. North America boasts a mature technology landscape, a strong presence of major cloud service providers, and a high adoption rate of advanced IT solutions among enterprises. The region's well-established infrastructure, coupled with its propensity for early technology adoption, has fueled the demand for cloud orchestration services. Furthermore, North American businesses often prioritize operational efficiency, scalability, and automation – all of which are key benefits offered by cloud orchestration.

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