Global Workload Optimization Software Market by Type (On-premises, Cloud Based), By Application (Large Enterprises, SMEs) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

                                          

                                                                                       
Market Overview:

The global workload optimization software market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for cloud-based workload optimization software and the growing need for reducing data center costs. The on-premises segment is expected to dominate the global workload optimization software market during the forecast period, owing to its advantages such as improved security and control over data. However, the cloud-based segment is projected to grow at a higher CAGR than that of on-premises during the forecast period, due to its benefits such as scalability and flexibility.



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Product Definition:

Workload Optimization Software is used to optimize the workload on a computer system. This can be done by either managing how resources are allocated or by managing the tasks that are run on the system. Workload optimization can improve performance and efficiency, and can help to extend the life of hardware.

On-premises:

On-premises software is a type of cloud computing that involves the installation of an application or service on the end user's system without relying on a remote server. The information being processed is stored and managed internally by the company, thereby eliminating third-party involvement. On-premises software solutions are generally used for data security and privacy protection as well as to maintain control over confidential information.

Cloud Based:

Cloud-based solutions are used to deploy, develop, and support software applications on the cloud. The major advantages of using cloud-based software include low cost of ownership and easy deployment. Cloud based workload optimization software is a type of SaaS (Software as a Service) solution that provides various benefits such as scalability, elasticity in terms of costs & resources along with improved ease-of-use for end users which results into increased productivity for organizations.

Application Insights:

The large enterprises segment dominated the global workload optimization software market in 2017. This can be attributed to factors such as larger data volumes, more complex business processes and a diverse set of applications across different industries. The segment is expected to retain its dominance over the forecast period owing to factors such as size and complexity of their operations which demand advanced IT infrastructure for managing resources effectively.

SMEs are projected to register the highest CAGR over the forecast period due to increasing adoption of cloud-based WLOs by small businesses for improving application performance and reducing costs associated with hardware investments. Furthermore, an increase in competition among SMEs resulting from rapid urbanization has led them towards adopting WLOs that offer easy-to-use interfaces along with comprehensive features at a reduced cost, driving growth among this category of end users.

Regional Analysis:

The Asia Pacific 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 adoption of cloud-based workload optimization software by small & medium enterprises (SMEs) and large enterprises. Furthermore, rising demand for high performance computing centers in countries such as China, Japan, South Korea, India among others is anticipated to drive regional market growth over the forecast period.

North America accounted for a significant revenue share in 2017 owing to presence of major players such as IBM Corporation; Hewlett Packard Enterprise Development LP; Microsoft Corporation; Cisco Systems Inc.; Oracle Corporation among others which are investing heavily on developing new products and enhancing their existing product portfolio with latest features that enable better resource management across multiple platforms including mainframe & distributed servers, virtual machines/servers etc. This factor is also expected to contribute toward regional market growth during the forecast period.

Growth Factors:

Increasing demand for data center efficiency and optimization
Proliferation of big data and the need for faster analysis
The need to improve resource utilization to support business growth
Growing trend of cloud adoption and the consequent increase in workloads5. Emergence of new technologies, such as artificial intelligence (AI) and machine learning (ML), that are increasing the complexity of enterprise workloads


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Scope Of The Report
Report Attributes
Report Details
Report Title
Workload Optimization Software Market Research Report
By Type
On-premises, Cloud Based
By Application
Large Enterprises, SMEs
By Companies
Cisco, Hitachi Vantara, Intel, Cloudera, ActiveBatch, BMC, IBM, Dell, Stonebranch, SMA Technologies, Redwood, Broadcom
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
159
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.

Global Workload Optimization Software Market Report Segments:
The global Workload Optimization Software market is segmented on the basis of:
Types
On-premises, Cloud Based
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
Large Enterprises, SMEs
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
Hitachi Vantara
Intel
Cloudera
ActiveBatch
BMC
IBM
Dell
Stonebranch
SMA Technologies
Redwood
Broadcom



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Highlights of The Workload Optimization Software 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:
On-premises
Cloud Based
By Application:
Large Enterprises
SMEs
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 Workload Optimization Software 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
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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

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