The global Cloud Orchestration Market is expected to grow with a CAGR of 23.3% during the forecast period. Cloud orchestration is the use of programming technology to manage the interaction and interconnections among workloads on the private and public cloud infrastructure. Cloud orchestration coordinates and organizes complicated computer services and systems. In addition to this, cloud orchestration also reduces the errors introduced into scaling, provisioning, and other cloud processes. Further, cloud orchestration tools are also used to simplify management and provide added visibility to cloud processes.
Increasing cloud adoption across several industry verticals is driving the growth of the cloud orchestration market in recent years. A rise in the adoption of on-demand services with automated provisioning infrastructure is driving the growth of the market. On-demand services allow users to use cloud storage, software, computing, and other resources, in order to manage the cloud infrastructure as per the business needs. However, security concerns associated with cloud orchestration are obstructing the growth of the market. At the same time, the lack of infrastructure in developing countries is restraining the growth of the market in recent years.
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The cloud orchestration industry market is segmented based on deployment type, service type, organization size, end-users, and regions. Based on deployment, the market is segmented into cloud, hybrid, and on-premise. The cloud segment dominated the market in 2018, owing to an increase in the adoption of cloud infrastructure by organizations. In terms of organization size, the market is segmented into large enterprises and small and medium enterprises. The small and medium enterprise segment dominated the market in 2018, owing to the benefits offered by cloud orchestration such as reduced operational costs and enhanced production.
The major players operating in the cloud orchestration market are Amazon Web Services, Inc., BMC Software, Inc., Cisco Systems, Inc., FlexiScale Technologies Limited, Hewlett Packard Enterprise Development LP, IBM Corporation, Oracle Corporation, Rackspace US, Inc., Red Hat, Inc., VMware, Inc., and others.
Companies associated with this market are concentrating on research and development, along with acquisitions & mergers and innovations in products, in order to strengthen their market share. For instance, in June 2017, IBM Corporation announced its collaboration with Zain, Kuwait’s Telecommunication Company, to launch the cloud disaster recovery service. This will provide IBM and Zain enterprise customers with cloud-based business continuity capabilities. IBM offerings like cloud orchestration and DRaaS are built to simplify and automate the disaster recovery process, reduce risks, and increase workflow efficiency.