PUNE, India, February 9, 2018 /PRNewswire/ --

According to a new market research report "Workflow Orchestration Market by Type (Cloud Orchestration, Data Center Orchestration, Business Process Orchestration, and Security Orchestration), Organization Size (SMEs and Large Enterprises), Vertical, and Region - Global Forecast to 2022", published by MarketsandMarkets™, the market is estimated to be USD 13.81 Billion in 2017 and is projected to reach USD 50.82 Billion by 2022, at a CAGR of 29.8% from 2017 to 2022. The growth of the Workflow Orchestration Market can be attributed to the need to achieve improved business outcomes and enhance operational efficiency as well as productivity level.

     (Logo: http://photos.prnewswire.com/prn/20160303/792302 )

Browse 65 tables and 39 figures spread through 118 pages and in-depth TOC on "Workflow Orchestration Market"

https://www.marketsandmarkets.com/Market-Reports/workflow-orchestration-market-184263782.html
Early buyers will receive 10% customization on this report

Based on type, the business process orchestration segment of the Workflow Orchestration Market is expected to witness the highest growth during the forecast period. 

Based on type, the business process orchestration segment is projected to grow at the highest CAGR during the forecast period. Business process orchestration refers to modeling, implementing, integrating, and monitoring of custom process applications. It enables organizations to significantly reduce time and cost needed to model and implement business processes services, and applications. Thus, the adoption of business process orchestration by enterprises worldwide is projected to drive the growth of the business process orchestration segment.

Based on organization size, the Small & Medium-sized Enterprises (SMEs) segment of the Workflow Orchestration Market is expected to grow at the highest CAGR during the forecast period. 

Based on organization size, the Small & Medium-sized Enterprises (SMEs) segment of the Workflow Orchestration Market is projected to witness the highest growth during the forecast period. This growth can be attributed to the adoption of workflow orchestration by SMEs to streamline business processes, reduce downtime, and improve business efficiency.

Based on vertical, the IT & telecommunication segment is estimated to lead the Workflow Orchestration Market in 2017. 

Based on vertical, the IT & telecommunication segment is estimated to lead the Workflow Orchestration Market in 2017. Companies in the IT & telecommunication vertical are focused on the implementation of cloud-based business support systems. Leading telecommunication companies are transforming their business functions by adopting workflow orchestration to ensure high level of customer interaction and reduce manual workload.

Inquiry Before Buying @ https://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=184263782

North America is estimated to lead the Workflow Orchestration Market in 2017. 

North America is estimated to lead the Workflow Orchestration Market in 2017. The growth of the Workflow Orchestration Market in North America is primarily driven by the presence of key players, such as IBM (US), VMware (US), Microsoft (US), Oracle (US), and BMC Software (US), offering workflow orchestration solutions in this region. The digitalization of organizations has created an opportunity to refine and streamline various business activities through workflow automation and orchestration. Several organizations in North American countries are opting for workflow orchestration to reduce operational costs and achieve improved business outcomes, which, in turn, is expected to drive the growth of the Workflow Orchestration Market in this region.

Key players operating in the Workflow Orchestration Market include Microsoft (US), IBM (US), Cisco Systems (US), Oracle (US), VMware (US), CA Technologies (US), Arvato AG (Germany), BMC Software (US), ServiceNow (US), Micro Focus (UK), Dalet SA (France), and Ayehu Software Technologies (US).

Browse Related Reports 

SDN Orchestration Market by Component (Solutions, Services), Organization Size (Large Enterprises, Small & Medium-Sized Enterprises), End User (Cloud Service Providers, Telecom Service Providers), Region - Global Forecast to 2022
https://www.marketsandmarkets.com/Market-Reports/sdn-orchestration-market-22855327.html

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
https://www.marketsandmarkets.com/Market-Reports/cloud-orchestration-market-121240924.html

Know More About our Knowledge Store @ http://www.marketsandmarkets.com/Knowledgestore.asp

About MarketsandMarkets™  

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

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. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets'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.

Contact:
Mr. Rohan
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email:[email protected]

Visit Our Blog @ http://www.marketsandmarketsblog.com/market-reports/telecom-it
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets