Market Overview:
The global process orchestration market is expected to grow from USD 2.02 Billion in 2018 to USD 5.06 Billion by 2030, at a CAGR of 13.8% during the forecast period. The growth of the market can be attributed to the increasing demand for process orchestration solutions and services across various industries, such as BFSI, telecom and IT, consumer goods and retail, media and entertainment, manufacturing, transportation and logistics, energy and utilities, and others. Moreover, the need for reducing operational costs and improving business efficiency is also fueling the growth of the global process orchestration market.
Product Definition:
A process orchestration tool enables you to centrally manage the execution of processes across multiple machines. By using a process orchestration tool, you can ensure that all of the machines involved in a process are executing the same steps in the same order. This can be important for ensuring that data is processed correctly and consistently across all of the machines involved in a process.
Solution:
Solution is a set of tools and techniques that help in automation of business processes. It helps to coordinate, monitor, and control the processes across organizations. The solution includes software solutions as well as services.
The major drivers for the growth factor in process orchestration market are increasing demand for improved efficiency & productivity of businesses along with rising competition from various sources such as online retailing, e-commerce websites etc.
Services:
Orchestration is the coordination of multiple processes or services through a single program. It allows to control and monitor the execution of programs for efficient management and automation. In other words, it helps in managing various small pieces of work (microservices) into one big piece which is called as service orchestration.
Application Insights:
The manufacturing segment accounted for the largest revenue share in 2016 and is anticipated to continue its dominance over the forecast period. The growth can be attributed to increasing demand for industrial automation solutions from manufacturers across the globe. AIPO solutions have been witnessing significant adoption in various industries such as oil and gas, pharmaceuticals, food processing, metalworking, paper mills among others.
The BFSI sector is estimated to register a considerable growth rate over the forecast period owing to rising adoption of process orchestration tools by banks and other financial institutions for improving their business operations. The growing digitalization of banking activities has created opportunities for re-engineering existing processes through process automation thereby leading to increased use of BFSI applications within organizations that implement these solutions.
Regional Analysis:
The North America region accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing IT investments, rising adoption of cloud technologies, and growing demand for digital services. Moreover, major companies are focusing on reducing costs by automating business processes through process Orchestration solutions. This has resulted in increased demand for process Orchestration solutions in this region.
The Asia Pacific regional market is anticipated to witness significant growth over the forecast period owing to increasing number of service providers offering end-to-end business solution coupled with surging demand from BFSI sector due to improved customer experience resulting from automation of back office operations and reduction of operational costs associated with human intervention.
Growth Factors:
- Increasing demand for automation in business processes to improve efficiency and productivity
- Proliferation of cloud-based process orchestration solutions that offer flexibility and scalability
- Emergence of digital transformation initiatives that require process orchestration for improved agility
- Growing need to manage complex business processes across multiple applications and platforms
- Increased focus on regulatory compliance, which is driving the need for better process governance and oversight
Scope Of The Report
Report Attributes
Report Details
Report Title
Process Orchestration Market Research Report
By Type
Solution, Services
By Application
BFSI, Telecom and IT, Consumer Goods and Retail, Media and Entertainment, Manufacturing, Transportation and Logistics, Energy and Utilities, Others
By Companies
SAP, IBM, Oracle, Cisco, Broadcom, Fujitsu, Micro Focus, HCL, Servicenow, Opentext, BMC Software, Newgen Software, Software AG, Wipro, Everteam, Tibco Software, Icaro Tech, Cortex, EQ Technologic, PMG.Net, Nipendo, Data Ductus, Arvato AG, Ayehu, Dealflo
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
215
Number of Tables & Figures
151
Customization Available
Yes, the report can be customized as per your need.
Global Process Orchestration Market Report Segments:
The global Process Orchestration market is segmented on the basis of:
Types
Solution, Services
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
BFSI, Telecom and IT, Consumer Goods and Retail, Media and Entertainment, Manufacturing, Transportation and Logistics, Energy and Utilities, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SAP
- IBM
- Oracle
- Cisco
- Broadcom
- Fujitsu
- Micro Focus
- HCL
- Servicenow
- Opentext
- BMC Software
- Newgen Software
- Software AG
- Wipro
- Everteam
- Tibco Software
- Icaro Tech
- Cortex
- EQ Technologic
- PMG.Net
- Nipendo
- Data Ductus
- Arvato AG
- Ayehu
- Dealflo
Highlights of The Process Orchestration Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Solution
- Services
- By Application:
- BFSI
- Telecom and IT
- Consumer Goods and Retail
- Media and Entertainment
- Manufacturing
- Transportation and Logistics
- Energy and Utilities
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Process Orchestration Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Process orchestration is a software engineering technique that helps manage the flow of work through an organization by coordinating the activities of multiple processes. It can be used to improve coordination and communication among teams, automate tasks, and optimize workflow.
Some of the major companies in the process orchestration market are SAP, IBM, Oracle, Cisco, Broadcom, Fujitsu, Micro Focus, HCL, Servicenow, Opentext, BMC Software, Newgen Software, Software AG, Wipro, Everteam, Tibco Software, Icaro Tech, Cortex, EQ Technologic, PMG.Net, Nipendo, Data Ductus, Arvato AG, Ayehu, Dealflo.
The process orchestration market is expected to register a CAGR of 13.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Process Orchestration Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Process Orchestration Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Process Orchestration Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Process Orchestration Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Process Orchestration Market Size & Forecast, 2018-2028
4.5.1 Process Orchestration Market Size and Y-o-Y Growth
4.5.2 Process Orchestration Market Absolute $ Opportunity
Chapter 5 Global Process Orchestration Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Process Orchestration Market Size Forecast by Type
5.2.1 Solution
5.2.2 Services
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Process Orchestration Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Process Orchestration Market Size Forecast by Applications
6.2.1 BFSI
6.2.2 Telecom and IT
6.2.3 Consumer Goods and Retail
6.2.4 Media and Entertainment
6.2.5 Manufacturing
6.2.6 Transportation and Logistics
6.2.7 Energy and Utilities
6.2.8 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Process Orchestration Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Process Orchestration Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Process Orchestration Analysis and Forecast
9.1 Introduction
9.2 North America Process Orchestration Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Process Orchestration Market Size Forecast by Type
9.6.1 Solution
9.6.2 Services
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Process Orchestration Market Size Forecast by Applications
9.10.1 BFSI
9.10.2 Telecom and IT
9.10.3 Consumer Goods and Retail
9.10.4 Media and Entertainment
9.10.5 Manufacturing
9.10.6 Transportation and Logistics
9.10.7 Energy and Utilities
9.10.8 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Process Orchestration Analysis and Forecast
10.1 Introduction
10.2 Europe Process Orchestration Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Process Orchestration Market Size Forecast by Type
10.6.1 Solution
10.6.2 Services
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Process Orchestration Market Size Forecast by Applications
10.10.1 BFSI
10.10.2 Telecom and IT
10.10.3 Consumer Goods and Retail
10.10.4 Media and Entertainment
10.10.5 Manufacturing
10.10.6 Transportation and Logistics
10.10.7 Energy and Utilities
10.10.8 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Process Orchestration Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Process Orchestration Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Process Orchestration Market Size Forecast by Type
11.6.1 Solution
11.6.2 Services
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Process Orchestration Market Size Forecast by Applications
11.10.1 BFSI
11.10.2 Telecom and IT
11.10.3 Consumer Goods and Retail
11.10.4 Media and Entertainment
11.10.5 Manufacturing
11.10.6 Transportation and Logistics
11.10.7 Energy and Utilities
11.10.8 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Process Orchestration Analysis and Forecast
12.1 Introduction
12.2 Latin America Process Orchestration Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Process Orchestration Market Size Forecast by Type
12.6.1 Solution
12.6.2 Services
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Process Orchestration Market Size Forecast by Applications
12.10.1 BFSI
12.10.2 Telecom and IT
12.10.3 Consumer Goods and Retail
12.10.4 Media and Entertainment
12.10.5 Manufacturing
12.10.6 Transportation and Logistics
12.10.7 Energy and Utilities
12.10.8 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Process Orchestration Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Process Orchestration Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Process Orchestration Market Size Forecast by Type
13.6.1 Solution
13.6.2 Services
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Process Orchestration Market Size Forecast by Applications
13.10.1 BFSI
13.10.2 Telecom and IT
13.10.3 Consumer Goods and Retail
13.10.4 Media and Entertainment
13.10.5 Manufacturing
13.10.6 Transportation and Logistics
13.10.7 Energy and Utilities
13.10.8 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Process Orchestration Market: Competitive Dashboard
14.2 Global Process Orchestration Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SAP
14.3.2 IBM
14.3.3 Oracle
14.3.4 Cisco
14.3.5 Broadcom
14.3.6 Fujitsu
14.3.7 Micro Focus
14.3.8 HCL
14.3.9 Servicenow
14.3.10 Opentext
14.3.11 BMC Software
14.3.12 Newgen Software
14.3.13 Software AG
14.3.14 Wipro
14.3.15 Everteam
14.3.16 Tibco Software
14.3.17 Icaro Tech
14.3.18 Cortex
14.3.19 EQ Technologic
14.3.20 PMG.Net
14.3.21 Nipendo
14.3.22 Data Ductus
14.3.23 Arvato AG
14.3.24 Ayehu
14.3.25 Dealflo
