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According to a new report Global Workflow Orchestration Market, published by KBV research, the Global Workflow Orchestration Market size is expected to reach $56.1 billion by 2023, rising at a market growth of 27% CAGR during the forecast period.
The North America market holds the largest market share in Global Data Center Orchestration Workflow Orchestration Market by Region in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 23.7 % during the forecast period. The Europe market is expected to witness a CAGR of 24.9% during (2017 - 2023) in Global Cloud Orchestration Workflow Orchestration Market. Additionally, The Asia Pacific market is expected to witness a CAGR of 32% during (2017 - 2023) in Global Business Process Orchestration Workflow Orchestration Market.
The KBV Cardinal Matrix is a visual representation about the key players in the industry. The matrix is designed considering the major strategic developments including Mergers & Acquisitions, product launches, partnership among others and the financial strength of the company in the considered years. The major strategies followed by the market participants are Product launches and Partnerships & Collaborations. Based on the Analysis presented in the Cardinal matrix, Microsoft Corporation, Cisco System, Inc., IBM Corporation and Oracle Corporation are the forerunners in the Workflow Orchestration market.
KBV Cardinal Matrix - Workflow Orchestration Market
The Large Enterprises market holds the largest market share in Global Workflow Orchestration Market by Organization Size in 2016, and would continue to be a dominant market till 2023. The Small & Medium Enterprises market is expected to witness a CAGR of 31.8% during (2017 - 2023).Source: KBV Research Analysis, Company Publications and Secondary Research
The IT & Telecom market holds the largest market share in Global Workflow Orchestration Market by Vertical in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 24.6 % during the forecast period. The Healthcare market is expected to witness a CAGR of 27.6% during (2017 - 2023). Additionally, The Retail market would garner market size of $4,348.2 million by 2023.
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the Global Workflow Orchestration Market have been discussed in the report with the competitive analysis and elaborated company profiles of Microsoft Corporation, IBM Corporation, Cisco Systems, Inc., Vmware, Inc., CA Technologies, Inc., BMC Software, Micro Focus, Servicenow, Inc., Oracle Corporation, and Bertelsmann SE & Co. KGaA (Arvato AG).
By Organization Size
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