The Global Process Orchestration Market Size, Industry Trends, Growth Prospects Till, 2018-2025 : Data Bridge Market Research
Market Definition:
The process
orchestration is the means by which a process is executed, managed and
monitored by business process lifecycle .The process orchestration activates
customers simplify, adapt, accelerate and integrate business processes. It is
such a platform that enables both IT and business professionals to
integrate and monitor custom process applications and securely exchange
information across distributed applications with customers and partners. It is
applicable in IT specialist collaboration by creating and adapting process by
using graphical business process model. It is mostly applicable for system and
data control and dedicated to maintenance and support staff.
In 2018, Cisco tools for
SD branch Orchestration and Management that is working on virtual network
function (VNF) packages, network services lifecycle management, global resource
management.
The Global Process Orchestration Market is
expected to reach USD 11.5 billion by 2025 from USD 3.23 million in 2017 and is
projected to grow at a CAGR of 17.3% in the forecast period of 2018 to 2025.
The upcoming market report contains data for historic years 2016, the base year
of calculation is 2017 and the forecast period is 2018 to 2025.
Market
Segmentation
·
By Component (Solution, Services), Business Function (Supply Chain
Management, Order Fulfillment, Marketing, Human Resource Management, Finance
And Accounting, Customer Service And Support),
·
Organization Size (Small And Medium-Sized Enterprises (Smes),
Large Enterprises)
·
Deployment Type (On Premises, Cloud )
·
Applications (Telecom And IT, Consumer Goods, Retail, Media,
Entertainment, Manufacturing, Transportation, Logistics, Energy, Utilities)
·
Geographical Segments (North America, South America, Europe,
Asia-Pacific, Middle East And Africa)- Industry Trends and Forecast to 2025
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Key
Players:
The renowned players in global process orchestration market
are IBM,
·
Cisco networks,
·
SAP,
·
Oracle,
·
CA Technologies ,
·
Atlassian, BMC Software, Inc. ,
·
FUJITSU,
·
OpenText Corp.,
TIBCO Software Inc., Software AG, HCL
Technologies Limited, Wipro Limited, Newgen Software Technologies Limited
, Ayehu Software Technologies, Ltd. , Micro Focus, Icaro Tech, Cortex Ltd, eQ
Technologic, Inc., PMG Holding GmbH, Nipendo, Dealflo, Data Ductus and many
more.
Competitive Analysis: The global process orchestration market is fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market in order to sustain in long run. The report includes market shares of process orchestration market for global, Europe, North America, Asia Pacific and South America.
In 2017, Fujitsu launched digital platform as a service that provides on premises and mobile environments.
Market Drivers and
Restraints:
·
Increasing connectivity
in the infrastructure and personal data centers.
·
Growing demand for data
control and secure system.
·
It is used by small and
medium enterprises.
·
Increasing demand in
monitor custom process.
·
Distortion due to high
cost of installation.
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