Market Overview:
The global service orchestration market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for cloud-based services and the need for improved business efficiency and agility. The market is segmented on the basis of type, application, and region. On the basis of type, it is divided into configuration management, managed support, portable service, and others (including performance monitoring & optimization). Configuration management held a major share of the global service orchestration market in 2017 owing to its ability to manage heterogeneous IT environments comprising both on-premises and cloud-based applications. By application, BFSI accounted for a major share of the global service orchestration market in 2017 due to rising demand for digital transformation initiatives in this sector. Other key applications include government & education; health care; telecom & IT; manufacturing; media & entertainment; and others (including transportation & logistics).
Product Definition:
Service orchestration is the automated management and coordination of multiple services to achieve an end-goal or business outcome. Service orchestration is important because it can help businesses manage and automate the interactions between different services, which can improve efficiency and workflow.
Configuration:
The global configuration market size was valued at USD 6.86 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The growth can be attributed to the increasing need for service orchestration due to an increase in cloud-based services, mobility, and software as a service (SaaS) applications across organizations globally.
Managed Support:
Managed support and service orchestration are two different approaches used in Service Oriented Architecture (SOA) for managing the interactions between services. Managed support is a tool that helps to monitor, manage, and control the operational aspects of IT infrastructure. It provides proactive assistance with system diagnostics and repair operations at low cost.
Application Insights:
The application segment is segregated into seven broad categories that include banking, financial services, and insurance (BFSI), government and education, health care, telecom and IT, manufacturing, media & entertainment. The BFSI sector accounted for the largest market share in 2017 owing to the high usage of service orchestration solutions in various applications such as payment processing/clearing systems; trade finance; asset management; billing systems; human resources & payrolls; supply chain management among others.
The healthcare segment is expected to register a significant CAGR over the forecast period on account of increasing demand for patient engagement through digitalization initiatives coupled with an increase in spending by governments on healthcare programs such as Medicare Australia. Service orchestration helps automate business processes within hospitals thereby reducing costs while improving operational efficiency. It also helps improve patient engagement through digitization initiatives thus driving growth across this industry vertical.
Regional Analysis:
The North American region dominated the market in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing cloud adoption, high IT investment, and growing demand for digital services. Moreover, service providers are investing heavily in developing new services that meet customer needs by leveraging cloud technologies. This has led to increased demand for global service orchestration solutions across various industries such as BFSI, government & education sector among others.
The Asia Pacific region is anticipated to witness significant growth over the forecast period owing to increasing investments from various governments and enterprises towards digitalization of processes across all sectors including manufacturing, healthcare & life sciences among others. Additionally this has led to increased adoption of cloud computing which subsequently increases demand for global service orchestration solutions such as IBM’s Bluemix platform along with other PaaS offerings from vendors such as Microsoft Corporation; Google; Salesforce; Amazon Web Services Inc.; Oracle Corporation; Cisco Systems Inc.; etc.
Growth Factors:
- Increased demand for automation and orchestration of services to improve operational efficiency
- Proliferation of digital services and the need for faster time-to-market
- The need for improved customer experience and service quality
- The growth of cloud computing, big data, and IoT technologies that are creating new opportunities for service orchestration
- The increasing demand from enterprises for integrated solutions that can manage all aspects of their digital transformation initiatives
Scope Of The Report
Report Attributes
Report Details
Report Title
Service Orchestration Market Research Report
By Type
Configuration, Managed Support, Portable Service, Others
By Application
BFSI, Government & Education, Health Care, Telecom & IT, Manufacturing, Media & Entertainment, Others
By Companies
Cisco Systems, Juniper Networks, Hewlett Packard Enterprise, Huawei, IBM Corporation, NEC Corporation, Intel Corporation, Ericsson, Fujitsu Limited, Accenture Plc, Cloudify, MuleSoft LLC, SysAid
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
147
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global Service Orchestration Market Report Segments:
The global Service Orchestration market is segmented on the basis of:
Types
Configuration, Managed Support, Portable Service, Others
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, Government & Education, Health Care, Telecom & IT, Manufacturing, Media & Entertainment, 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:
- Cisco Systems
- Juniper Networks
- Hewlett Packard Enterprise
- Huawei
- IBM Corporation
- NEC Corporation
- Intel Corporation
- Ericsson
- Fujitsu Limited
- Accenture Plc
- Cloudify
- MuleSoft LLC
- SysAid
Highlights of The Service 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:
- Configuration
- Managed Support
- Portable Service
- Others
- By Application:
- BFSI
- Government & Education
- Health Care
- Telecom & IT
- Manufacturing
- Media & Entertainment
- 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 Service 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.
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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?
Service orchestration is a process of automating the coordination and management of services within an organization. It helps to improve service delivery, increase efficiency, and reduce costs. Service orchestration tools can automate the deployment, configuration, operation, monitoring and management of services across multiple platforms.
Some of the key players operating in the service orchestration market are Cisco Systems, Juniper Networks, Hewlett Packard Enterprise, Huawei, IBM Corporation, NEC Corporation, Intel Corporation, Ericsson, Fujitsu Limited, Accenture Plc, Cloudify, MuleSoft LLC, SysAid.
The service orchestration market is expected to register a CAGR of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Service 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 Service Orchestration Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Service 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 Service 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 Service Orchestration Market Size & Forecast, 2018-2028 4.5.1 Service Orchestration Market Size and Y-o-Y Growth 4.5.2 Service Orchestration Market Absolute $ Opportunity
Chapter 5 Global Service 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 Service Orchestration Market Size Forecast by Type
5.2.1 Configuration
5.2.2 Managed Support
5.2.3 Portable Service
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Service 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 Service Orchestration Market Size Forecast by Applications
6.2.1 BFSI
6.2.2 Government & Education
6.2.3 Health Care
6.2.4 Telecom & IT
6.2.5 Manufacturing
6.2.6 Media & Entertainment
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Service 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 Service 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 Service Orchestration Analysis and Forecast
9.1 Introduction
9.2 North America Service 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 Service Orchestration Market Size Forecast by Type
9.6.1 Configuration
9.6.2 Managed Support
9.6.3 Portable Service
9.6.4 Others
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 Service Orchestration Market Size Forecast by Applications
9.10.1 BFSI
9.10.2 Government & Education
9.10.3 Health Care
9.10.4 Telecom & IT
9.10.5 Manufacturing
9.10.6 Media & Entertainment
9.10.7 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 Service Orchestration Analysis and Forecast
10.1 Introduction
10.2 Europe Service 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 Service Orchestration Market Size Forecast by Type
10.6.1 Configuration
10.6.2 Managed Support
10.6.3 Portable Service
10.6.4 Others
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 Service Orchestration Market Size Forecast by Applications
10.10.1 BFSI
10.10.2 Government & Education
10.10.3 Health Care
10.10.4 Telecom & IT
10.10.5 Manufacturing
10.10.6 Media & Entertainment
10.10.7 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 Service Orchestration Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Service 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 Service Orchestration Market Size Forecast by Type
11.6.1 Configuration
11.6.2 Managed Support
11.6.3 Portable Service
11.6.4 Others
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 Service Orchestration Market Size Forecast by Applications
11.10.1 BFSI
11.10.2 Government & Education
11.10.3 Health Care
11.10.4 Telecom & IT
11.10.5 Manufacturing
11.10.6 Media & Entertainment
11.10.7 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 Service Orchestration Analysis and Forecast
12.1 Introduction
12.2 Latin America Service 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 Service Orchestration Market Size Forecast by Type
12.6.1 Configuration
12.6.2 Managed Support
12.6.3 Portable Service
12.6.4 Others
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 Service Orchestration Market Size Forecast by Applications
12.10.1 BFSI
12.10.2 Government & Education
12.10.3 Health Care
12.10.4 Telecom & IT
12.10.5 Manufacturing
12.10.6 Media & Entertainment
12.10.7 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) Service Orchestration Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Service 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) Service Orchestration Market Size Forecast by Type
13.6.1 Configuration
13.6.2 Managed Support
13.6.3 Portable Service
13.6.4 Others
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) Service Orchestration Market Size Forecast by Applications
13.10.1 BFSI
13.10.2 Government & Education
13.10.3 Health Care
13.10.4 Telecom & IT
13.10.5 Manufacturing
13.10.6 Media & Entertainment
13.10.7 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 Service Orchestration Market: Competitive Dashboard
14.2 Global Service Orchestration Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cisco Systems
14.3.2 Juniper Networks
14.3.3 Hewlett Packard Enterprise
14.3.4 Huawei
14.3.5 IBM Corporation
14.3.6 NEC Corporation
14.3.7 Intel Corporation
14.3.8 Ericsson
14.3.9 Fujitsu Limited
14.3.10 Accenture Plc
14.3.11 Cloudify
14.3.12 MuleSoft LLC
14.3.13 SysAid