Workflow Orchestration Market worth 50.82 Billion USD by 2022

Workflow orchestration market categorizes the global market by type as cloud orchestration, data center orchestration, business process orchestration, and security orchestration, by organization size, by vertical, and by region

(EMAILWIRE.COM, April 18, 2018 ) Based on type, the business process orchestration segment of the workflow orchestration market is expected to witness the highest growth during the forecast period.

Based on type, the business process orchestration segment is projected to grow at the highest CAGR during the forecast period. Business process orchestration refers to modeling, implementing, integrating, and monitoring of custom process applications. It enables organizations to significantly reduce time and cost needed to model and implement business processes, services, and applications. Thus, the adoption of business process orchestration by enterprises worldwide is projected to drive the growth of the business process orchestration segment.

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Based on organization size, the Small & Medium-sized Enterprises (SMEs) segment of the workflow orchestration market is expected to grow at the highest CAGR during the forecast period.



Based on organization size, the Small & Medium-sized Enterprises (SMEs) segment of the workflow orchestration market is projected to witness the highest growth during the forecast period. This growth can be attributed to the adoption of workflow orchestration by SMEs to streamline business processes, reduce downtime, and improve business efficiency.

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Based on vertical, the IT & telecommunication segment is estimated to lead the workflow orchestration market in 2017.

Based on vertical, the IT & telecommunication segment is estimated to lead the workflow orchestration market in 2017. Companies in the IT & telecommunication vertical are focused on the implementation of cloud-based business support systems. Leading telecommunication companies are transforming their business functions by adopting workflow orchestration to ensure high level of customer interaction and reduce manual workload.

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