The process orchestration solutions enable enterprises to efficiently plan, execute, and monitor their business processes. The solution improves operational efficiency and streamline business processes, enabling companies to utilize their IT systems to effectively cater to their dynamic customers’ requirements.
Adroit Market Research study on the global market for process orchestration offers a holistic view of the industry from 2020 to 2028 as a forecast period, including factors such as market drivers, limitations, opportunities, threats, and regulatory overview. The market has been analyzed from 2018 to 2028, with a base year estimate of 2019 and a projection from 2020 to 2028. The report covers the current status and potential characteristics of the market at both the global and the country level. Moreover, the report also assesses market competition with Porter's analysis of five strengths and places leading players on the basis of their product range, regional presence, strategic initiatives, and overall sales. Prominent players in the global composite resin market have been analyzed in depth.
The companies are increasingly adopting process orchestration solutions to rationalize their business processes, agility, creating new value, and reinforcing their competitive positioning. These organizations are financing to develop innovative solutions to improve their businesses delivering capabilities, and providing a unique customer experience. Further, approximately 55% of the start-ups have adopted a digital business strategy, in order to stimulate growth over the forecast period. The main sectors shifting to the process orchestration solutions comprise retail, manufacturing, energy & utilities, healthcare, IT & telecom, and BFSI.
The solution segment is anticipated to hold a major share in the terms of component for the process orchestration market. The solution helps in unifying, automating, and standardizing the practices for numerous business processes in complex environments. The industry players are further investing in new product development to improve their product offerings and match the rising customer demands.
Asia Pacific region comprising China, India, and Japan is anticipated to witness a substantial growth rate over the forecast period. Rapid economic developments, digitalization and the escalated deployment of cloud-based technologies proliferating the industry growth. From 2016 to 2021, the region has consistently witnessed an upsurge in investment toward technology development, which has helped the region to hold a significant growth rate. The ongoing adoption of emerging technologies, including big data, mobility & DevOps, has helped organizations to reinforce market position by streamlining their services and solutions.
The key players of the global process orchestration market report include- Arvato, Ayehu Software Technologies, Ltd., BMC Software, Inc., CA Technologies, Cisco, Cortex, Dealflo, eQ Technologic, Inc., Fujitsu, and HCL.
Key Segments of the Global Process Orchestration Market
Component Overview, 2018-2028 (USD Million)
Organization Size Overview, 2018-2028 (USD Million)
- Large Enterprises
Deployment Overview 2018-2028 (USD Million)
Vertical Overview 2018-2028 (USD Million)
- Media & Entertainment
- Telecom & IT
Regional Overview, 2018-2028 (USD Million)
- Rest of Europe
- Rest of Asia-Pacific
Middle East and Africa
- South Africa
- Rest of Middle East and Africa
- Rest of South America