Artificial Intelligence (AI) Orchestration Market Key Insights 2024-2033: Growth Rate, Trends And Opportunities
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Lastly, the AI orchestration market has experienced significant growth, surging from $7.57 billion in 2023 to $9.33 billion in 2024, with a CAGR of 23.2%. This growth is attributed to cloud computing, big data usage, IoT device expansion, DevOps adoption, and the need for real-time insights. Projections suggest continued growth, with the market estimated to reach $21.11 billion in 2028, fueled by cloud services adoption, IT environment complexity, demand for autonomous systems, and edge computing proliferation. Key trends include explainable AI, integration with DevOps, enhanced security orchestration, edge AI orchestration, and AI orchestration for IoT.
The rapid digital transformation across industries is set to propel the growth of the artificial intelligence (AI) orchestration market in the foreseeable future. Digital transformation involves leveraging digital technology to revamp existing or develop new company processes, cultures, and customer experiences to meet evolving market and consumer demands. Artificial intelligence (AI) orchestration facilitates this digital shift by efficiently integrating and coordinating various AI technologies, streamlining workflows, and optimizing resource utilization, leading to increased productivity and innovation. The International Business Machines Corporation (IBM) reported in May 2022 that around 35% of global businesses utilized artificial intelligence (AI) in 2022, marking a 4% increase from the previous year, with a 13% surge in AI adoption compared to 202Consequently, the rapid pace of digital transformation across industries is driving the artificial intelligence (AI) orchestration market forward.
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What Are The Key Trends That Influence Artificial Intelligence (AI) Orchestration Market Share Analysis?
Companies in the AI orchestration market are focusing on advanced products like workflow orchestration services to automate, speed up, and streamline business operations. These services coordinate people, digital workers, infrastructure, and data across processes. In January 2024, Kyndryl, Inc., a US-based IT company, launched Kyndryl Workflow Orchestration Services, a generative AI-powered digital workplace solution designed to enhance, optimize, and modernize the digital work experience by coordinating business operations, reducing complexity, shortening cycle times, and optimizing ROI.
Which Market Players Are Driving Growth In The Artificial Intelligence (AI) Orchestration Market?
Major companies operating in the artificial intelligence (ai) orchestration market report are Oracle Corporation, General Electric Company, International Business Machines Corporation, Cisco Systems Inc, SAP SE, Fujitsu Limited , Hewlett Packard Enterprise Company , Capgemini SE, GE HealthCare Technologies Inc., VMware LLC, Wipro Limited, ServiceNow Inc., Red Hat Inc., Micro Focus International plc, BMC Software Inc, TIBCO Software Inc, Dynatrace Inc., Flexera, HashiCorp, ScienceLogic, CA Technologies Inc, Cloudify, Rapid Acceleration Partners Inc., Activeeon S.A.S., Pandio, HyperSense Software, Botminds AI, ModelOp, CloudFabrix, AltaSigma GmbH
How Is The Global Artificial Intelligence (AI) Orchestration Market Segmented?
The artificial intelligence (ai) orchestration market covered in this report is segmented –
1) By Component: Services, Solution
2) By Deployment Mode: Cloud, On-Premise
3) By Application: Customer Service Orchestration, Infrastructure Orchestration, Manufacturing Orchestration, Workflow Orchestration, Other Applications
4) By End-Users: Information Technology And Telecommunications, Manufacturing, Healthcare, Banking Financial Services And Insurance (BFSI), Consumer Goods And Retail, Government And Defense, Energy And Utilities, Other End-Users
Read The Full Artificial Intelligence (AI) Orchestration Market Report Here
The Artificial Intelligence (AI) Orchestration Global Market Report 2024 provides an overview of the artificial intelligence (ai) orchestrationmarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The artificial intelligence (ai) orchestration market forecast analyzes artificial intelligence (ai) orchestration market size, artificial intelligence (ai) orchestration market share, leading competitor and their market positions.
The Table Of Content For The Artificial Intelligence (AI) Orchestration Market Include
1. Artificial Intelligence (AI) Orchestration Market Executive Summary
2. Artificial Intelligence (AI) Orchestration Market Segments
3. Artificial Intelligence (AI) Orchestration Market Size And Template Market Growth Rate
4. Key Artificial Intelligence (AI) Orchestration Market Trends
5. Major Artificial Intelligence (AI) Orchestration Market Drivers
……
25. Key Mergers And Acquisitions In The Artificial Intelligence (AI) Orchestration Market
26. Top Artificial Intelligence (AI) Orchestration Companies
27. Artificial Intelligence (AI) Orchestration Market Opportunities And Strategies
28. Artificial Intelligence (AI) Orchestration Market, Conclusions And Recommendations
29. Appendix
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