North America AI Orchestration Market Size, Share & Industry Trends Analysis Report By Component (Solution and Services), By Application, By Deployment Mode (On-premise and Cloud), By Organization Size, By Vertical, By Country and Growth Forecast, 2022 - 2028
The North America AI Orchestration Market would witness market growth of 18.5% CAGR during the forecast period (2022-2028).
In order to improve quality, efficiency, and resource allocation, healthcare institutions are also projected to accelerate the use of AI orchestration. AI orchestration has gained momentum for simple workflow setup to support the deployment of clinical apps based on AI and those that are not and reduce repetitious effort.
The need for orchestration tools to carry out automated ML workflows smoothly in the healthcare industry will be quite high. The use of AI in clinical decision support, diagnostic imaging, and precision medicine will encourage its spread because of its cost-saving and efficient properties.
Focusing on orchestration will optimize the management of the data flow as the need for AI solutions spreads to healthcare settings, which is anticipated to provide attractive development prospects for the AI orchestration market in the coming years. The use of orchestration allows IT professionals to centrally monitor and control all IT servers, apps, and processes while automating operations across many platforms from a single location.
The US has also started a multi-stakeholder project dubbed the "Global Partnership on Artificial Intelligence" (GPAI) that brings together expert ideas while protecting individual freedom. Through a variety of foreign AI research and development alliances, several agencies, including the Office of the Under Secretary of State for Economic Growth, Energy, and the Environment, are assisting the US scientific and technology business. These government measures will motivate people to spend more money on research and development for artificial intelligence projects, which would ultimately result in the growth of the market in the area.
The US market dominated the North America AI Orchestration Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $4,215.4 million by 2028.The Canada market is poised to grow at a CAGR of 21.2% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 20.2% during (2022 - 2028).
Based on Component, the market is segmented into Solution and Services. Based on Application, the market is segmented into Workflow Orchestration, Infrastructure Orchestration, Manufacturing Orchestration, Customer Service Orchestration and Others. Based on Deployment Mode, the market is segmented into On-premise and Cloud. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises (SMEs). Based on Vertical, the market is segmented into Manufacturing, BFSI, IT & Telecom, Government & Defense, Consumer Goods & Retail, Energy & Utilities, Healthcare & Life Sciences and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
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.).
Scope of the Study
Market Segments covered in the Report:
By Component
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