The Global AI Orchestration Market size is expected to reach $17.1 billion by 2028, rising at a market growth of 20.0% CAGR during the forecast period.
The management of the tools, procedures, data, and people associated with AI applications inside an organization in a way that it becomes a regular component of operations rather than remaining a part of research or an experimental process is known as AI orchestration. The well-defined and predefined "better" result in you established at the outset is achieved with the aid of AI orchestration.
Enterprises may operationalize artificial intelligence (AI) with the aid of an AI orchestration system, allowing scalability and growth. In order to improve how businesses, explore and evaluate the data, enabling technologies like machine learning and AI help with data preparation, modeling and insight generation, deployment, and insight explanation.
Additionally, it has access to a machine learning environment that automates every phase of the data life cycle, including the creation of auto models using simple processes, redefining corporate AI. Additionally, it enables the rapid creation and management of AI models without the need for writing a single line of code. By enabling explainable AI capabilities that provide transparency and interpretability, it helps to democratize AI by making it accessible to everyone within the company and by eradicating prejudice.
Additionally, AI orchestration aids in the visualization, analysis, and consumption of complicated corporate data. It automatically visualizes the data and unearths essential and hidden insights. It also generates reports, dashboards, and infographics to help users comprehend and communicate business findings. It obtains deep insights from streaming real-time data and uses visualization to absorb business information. Additionally, AI-driven decision analytics boosts innovation and development across enterprises while reducing infrastructure administration time and increasing efficiency.
The pandemic presented significant hurdles to the industrial industry, including interruptions to the supply chain, a decline in the workforce's availability, and a lack of raw materials. Because most workers now work remotely, the COVID-19 pandemic has altered how companies’ function, forcing organizations and corporations to develop new procedures to reduce network complexity and improve security. As a result, manufacturers were forced to depend on the strength of their data and analytics to remain competitive and advance innovation. Such elements contributed to the industrial industry's desire for AI orchestration solutions.
The leading players in the market are competing with diverse innovative offerings to remain competitive in the market. The below illustration shows the percentage of revenue shared by some of the leading companies in the market. The leading players of the market are adopting various strategies in order to cater demand coming from the different industries. The key developmental strategies in the market are Acquisitions.
Workflow orchestration use is rising due to technological development in a quicker internet support. Business apps now have more possibilities thanks to the introduction of 5G. The use of AI orchestration solutions and services is accelerating across a number of business sectors, such as manufacturing, banking, financial services and insurance (BFSI), healthcare, retail, communications & IT, energy & utilities, and others. Moreover, the need for digitization has grown as a result of unexpected office, school, and company closures. The market for workflow orchestration is growing greatly as a result of these advances.
Through the incorporation of workflow management technologies and trend forecasting, artificial intelligence has revolutionized company management in the contemporary corporate environment. The market for artificial intelligence is mostly driven by this. The market is expected to rise as a result of increased investment in machine learning and artificial intelligence technologies. In 2022, when AI adoption will have surged, responsible AI will have a prominent position. Countries will need to carefully address the ethical implications of AI as they execute their national AI initiatives to ensure that automation results in benefits for all stakeholders.
Every organization's goal depends on the security and privacy of its customers' and employees' personal information; therefore, there is obviously no room for compromise. These enterprises must make sure that their IT infrastructure and data are protected by reliable security and privacy solutions when they migrate to the cloud. However, using AI comes with a number of cybersecurity dangers, especially if one is not familiar with the most recent technical developments. The use of AI for data collecting has sometimes exposed government records to many data breaches. These factors might prevent the market for AI orchestration from expanding.
Based on component, the AI orchestration market is divided into solution and services. With the largest revenue share in 2021, the solutions segment led the AI orchestration market. The market is expanding as a result of technological developments that make it possible for orchestration to alter several sectors, including financial services, manufacturing, healthcare, and many others. Additionally, as the amount of data grows, AI orchestration solutions are being used much more widely.
Based on deployment mode, the AI orchestration market is segmented into on-premise and cloud. The on-premise segment accounted for the largest revenue share in 2021. This may be ascribed to the many benefits that come with on-premise implementation, including the high degree of data protection and safety. Industry desire for on-premise deployment models is further fueled by the fact that on-premise models have higher data security and fewer data breaches than cloud-based deployment models.
Based on application, the AI orchestration market is segmented into workflow orchestration, infrastructure orchestration, customer service orchestration, and others. In 2021, the customer service orchestration segment registered significant revenue share. Software for managing various processes and systems throughout on-premises and cloud-based settings is called service orchestration. Businesses always struggle with a number of concerns related to the IT infrastructure, such as integration and compatibility problems, ballooning IT budgets, and technology that is ever more sophisticated.
Based on organization size, the AI orchestration market is segmented into large enterprises and Small & Medium Enterprises (SMEs). The SME segment acquired the significant revenue share in 2021. By optimizing routine corporate activities like inventory, buying, manufacturing, and shipping, small and medium-sized enterprises are significantly increasing their revenue contributions. In order to keep up with modern trends and outperform their rivals, many small and medium-sized businesses are using orchestration. Over the course of the projection period, these elements are anticipated to fuel this segment's expansion.
Based on vertical, the AI orchestration market is divided into IT & Telecom, manufacturing, healthcare, BFSI, consumer goods & retail, government & defense, energy & utility, and others. Healthcare accounted for a sizeable revenue share in the AI orchestration market in 2021. Orchestration enables the streamlining of patient processes and an overall increase in efficiency in a healthcare context. By identifying and resolving present inefficiencies, Care Orchestration assists healthcare professionals in streamlining their current care journey.
Report Attribute | Details |
---|---|
Market size value in 2021 | USD 4.9 Billion |
Market size forecast in 2028 | USD 17.1 Billion |
Base Year | 2021 |
Historical Period | 2018 to 2020 |
Forecast Period | 2022 to 2028 |
Revenue Growth Rate | CAGR of 20% from 2022 to 2028 |
Number of Pages | 352 |
Number of Tables | 574 |
Report coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Competitive Landscape, Market Share Analysis, Companies Strategic Developments, Company Profiling |
Segments covered | Component, Application, Deployment Mode, Organization Size, Vertical, Region |
Country scope | US, Canada, Mexico, Germany, UK, France, Russia, Spain, Italy, China, Japan, India, South Korea, Singapore, Malaysia, Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria |
Growth Drivers |
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Restraints |
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Based on region, the AI orchestration market is categorized into North America, Europe, Asia Pacific, and LAMEA. The North American region dominated the AI orchestration market in 2021. The market in this area will see profitable potential as a result of the use of AI orchestration expanding gradually to fulfill rising expectations from modern organizations to better their business processes and consumer experience. Workflow orchestration market expansion in this region is being driven by the quick use of technology in IT, process automation, network, and communications, and other areas. Many firms are undergoing a digital transformation as a result of a faster internet assistance in this area.
Free Valuable Insights: Global AI Orchestration Market size to reach USD 17.1 Billion by 2028
The major strategies followed by the market participants are Acquisitions. Based on the Analysis presented in the Cardinal matrix; Cisco Systems, Inc., SAP SE, Oracle Corporation, IBM Corporation, and BMC Software, Inc. are the forerunners in the AI Orchestration Market. Companies such as Wipro Limited, Fujitsu Limited, and Hewlett Packard Enterprise Company are some of the key innovators in AI Orchestration Market.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Oracle Corporation, Fujitsu Limited, SAP SE, General Electric Company, Tibco Software, Inc. (Vista Equity Partners), Cisco Systems, Inc., Hewlett-Packard Enterprise Company, Wipro Limited, IBM Corporation, and BMC Software, Inc. (KKR & Co., Inc.).
By Component
By Application
By Deployment Mode
By Organization Size
By Vertical
By Geography
The global AI Orchestration Market size is expected to reach $17.1 billion by 2028.
Workflow orchestration is being widely used in organizational digital transformation are driving the market in coming years, however, Threat to data security restraints the growth of the market.
Oracle Corporation, Fujitsu Limited, SAP SE, General Electric Company, Tibco Software, Inc. (Vista Equity Partners), Cisco Systems, Inc., Hewlett-Packard Enterprise Company, Wipro Limited, IBM Corporation, and BMC Software, Inc. (KKR & Co., Inc.).
The Workflow Orchestration segment acquired maximum revenue share in the Global AI Orchestration Market by Application in 2021 thereby, achieving a market value of $6.1 billion by 2028.
The Large Enterprises segment is leading the Global AI Orchestration Market by Organization Size in 2021 thereby, achieving a market value of $11.9 billion by 2028.
The North America market dominated the Global AI Orchestration Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $5.8 billion by 2028.
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