The term service orchestration is used for describing the process of execution of the functional and operational tasks involved in designing, development, and delivery of end-to-end services. The service orchestration solution works using exchange of messages in the enterprise application's domain layer.
MARKET DYNAMICS
The increasing need to manage complex IT tasks and workflows is expected to increase the demand of service orchestration software among end-users. Furthermore, rising need to deliver speedy services at a reduced cost by the service providers is a prime influencing factor driving market growth. In addition, the ability of the solution to operate without much skilled resources, and provide faster time-to-market along with reduced operational expense are also driving growth in service orchestration market.
MARKET SCOPE
The "Global Service Orchestration Market Analysis to 2028" is a specialized and in-depth study of the service orchestration industry with a special focus on the global market trend analysis. The report aims to provide an overview of service orchestration market with detailed market segmentation by cloud deployment model, type, service, end user and geography. The global service orchestration market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading service orchestration market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global service orchestration market is segmented based on offering, cloud deployment, and end-user. Based on offering, the service orchestration market is segmented into solutions and services. Based on cloud deployment model, the service orchestration market is segmented into public cloud, private cloud, and Hybrid cloud. Based on cloud deployment model, the service orchestration market is segmented into cloud service providers, telecom service providers, and business service providers.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global service orchestration market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The service orchestration market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting service orchestration market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Service Orchestration market in these regions.
MARKET PLAYERS
The reports cover key developments in the service orchestration market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from service orchestration market are anticipated to lucrative growth opportunities in the future with the rising demand for service orchestration in the global market. Below mentioned is the list of few companies engaged in the service orchestration market.
The report also includes the profiles of key service orchestration companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Affirmed Networks
- Amdocs
- Blue Planet (Ciena Corporation)
- Data Ductus
- Netcracker
- Oracle Corporation
- Huawei Technologies Co., Ltd.
- Tech Mahindra Limited
- Telefonaktiebolaget LM Ericsson
- VMware, Inc.