North America Process Orchestration Market Size, Share & Industry Trends Analysis Report By Component, By Vertical, By Organization size (Large Enterprises and SMEs), By Deployment Model,By Country and Growth Forecast, 2022 - 2028
The North America Process Orchestration Market would witness market growth of 15.8% CAGR during the forecast period (2022-2028).
The study of process orchestration is a recent one. As a result, there are not many products across the market that claim to be orchestration engines. The majority of solutions that are available are automation technologies that set themselves apart by enabling the management of several processes from a particular location. The time spent in troubleshooting can be significantly decreased by real-time monitoring, and existing procedures can be optimized more easily. When artificial intelligence is added, real-time monitoring can be leveraged to support auto-remediation procedures and provide intelligent automation that further cuts runtimes, avoids delays, and enhances SLAs.
Digital transformation is prevalent in a post-pandemic society where remote/hybrid employment is a new trend. Customers frequently have increasing expectations for services and goods, making process orchestration a crucial procedure for businesses to continue to be effective and competitive. Process orchestration, as well as automation, differ primarily in how they handle connectable processes holistically.
The growth of the process orchestration market in North America is attributed to the expansion of the healthcare industry in the region. All economic sectors are sheltered from dangers like terrorism, infectious disease epidemics, and natural disasters by the healthcare as well as the public health sector. Collaboration and sharing of information between the public and private sectors are crucial for boosting the resilience of the country's important healthcare and public health infrastructure because the broad majority of the sector's assets are privately funded and operated. In the case of a natural or man-made disaster, the sector, which operates in all states, territories, or tribal areas of the United States, significantly contributes to response and recovery efforts across all other sectors.
The US market dominated the North America Process Orchestration Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $3,110.8 million by 2028. The Canada market is poised to grow at a CAGR of 18.4% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 17.4% during (2022 - 2028).
Based on Component, the market is segmented into Software and Services. Based on Vertical, the market is segmented into BFSI, IT & Telecom, Manufacturing, Retail & Ecommerce, Government & Public Sector, Healthcare & Life Sciences, Transportation & Logistics, Energy & Utilities, and Others. Based on Organization size, the market is segmented into Large Enterprises and SMEs. Based on Deployment Model, the market is segmented into On-premise and Cloud. 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 SAP SE, International Business Machines Corporation, Oracle Corporation, Broadcom, Inc., Cisco Systems Inc, Fujitsu Limited, TIBCO Software Inc., Software AG, HCL Technologies Ltd., and Wipro Limited.
Scope of the Study
Market Segments covered in the Report:
By Component
- Software
- Services
- BFSI
- IT & Telecom
- Manufacturing
- Retail & Ecommerce
- Government & Public Sector
- Healthcare & Life Sciences
- Transportation & Logistics
- Energy & Utilities
- Others
- Large Enterprises
- SMEs
- On-premise
- Cloud
- US
- Canada
- Mexico
- Rest of North America
- SAP SE
- International Business Machines Corporation
- Oracle Corporation
- Broadcom, Inc.
- Cisco Systems Inc
- Fujitsu Limited
- TIBCO Software Inc.
- Software AG
- HCL Technologies Ltd.
- Wipro Limited
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- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Process Orchestration Market, by Component
- 1.4.2 North America Process Orchestration Market, by Vertical
- 1.4.3 North America Process Orchestration Market, by Organization size
- 1.4.4 North America Process Orchestration Market, by Deployment Model
- 1.4.5 North America Process Orchestration Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market Overview
- 2.1 Introduction
- 2.1.1 Overview
- 2.1.1.1 Market Composition and Scenario
- 2.2 Key Factors Impacting the Market
- 2.2.1 Market Drivers
- 2.2.2 Market Restraints
- Chapter 3. Competition Analysis - Global
- 3.1 KBV Cardinal Matrix
- 3.2 Recent Industry Wide Strategic Developments
- 3.2.1 Partnerships, Collaborations and Agreements
- 3.2.2 Product Launches and Product Expansions
- 3.2.3 Acquisition and Mergers
- 3.3 Market Share Analysis, 2021
- 3.4 Top Winning Strategies
- 3.4.1 Key Leading Strategies: Percentage Distribution (2018-2022)
- Chapter 4. North America Process Orchestration Market by Component
- 4.1 North America Software Market by Country
- 4.2 North America Services Market by Country
- Chapter 5. North America Process Orchestration Market by Vertical
- 5.1 North America BFSI Market by Country
- 5.2 North America IT & Telecom Market by Country
- 5.3 North America Manufacturing Market by Country
- 5.4 North America Retail & Ecommerce Market by Country
- 5.5 North America Government & Public Sector Market by Country
- 5.6 North America Healthcare & Life Sciences Market by Country
- 5.7 North America Transportation & Logistics Market by Country
- 5.8 North America Energy & Utilities Market by Country
- 5.9 North America Other Vertical Market by Country
- Chapter 6. North America Process Orchestration Market by Organization size
- 6.1 North America Large Enterprises Market by Country
- 6.2 North America SMEs Market by Country
- Chapter 7. North America Process Orchestration Market by Deployment Model
- 7.1 North America On-premise Market by Country
- 7.2 North America Cloud Market by Country
- Chapter 8. North America Process Orchestration Market by Country
- 8.1 US Process Orchestration Market
- 8.1.1 US Process Orchestration Market by Component
- 8.1.2 US Process Orchestration Market by Vertical
- 8.1.3 US Process Orchestration Market by Organization size
- 8.1.4 US Process Orchestration Market by Deployment Model
- 8.2 Canada Process Orchestration Market
- 8.2.1 Canada Process Orchestration Market by Component
- 8.2.2 Canada Process Orchestration Market by Vertical
- 8.2.3 Canada Process Orchestration Market by Organization size
- 8.2.4 Canada Process Orchestration Market by Deployment Model
- 8.3 Mexico Process Orchestration Market
- 8.3.1 Mexico Process Orchestration Market by Component
- 8.3.2 Mexico Process Orchestration Market by Vertical
- 8.3.3 Mexico Process Orchestration Market by Organization size
- 8.3.4 Mexico Process Orchestration Market by Deployment Model
- 8.4 Rest of North America Process Orchestration Market
- 8.4.1 Rest of North America Process Orchestration Market by Component
- 8.4.2 Rest of North America Process Orchestration Market by Vertical
- 8.4.3 Rest of North America Process Orchestration Market by Organization size
- 8.4.4 Rest of North America Process Orchestration Market by Deployment Model
- Chapter 9. Company Profiles
- 9.1 IBM Corporation
- 9.1.1 Company Overview
- 9.1.2 Financial Analysis
- 9.1.3 Regional & Segmental Analysis
- 9.1.4 Research & Development Expenses
- 9.1.5 Recent strategies and developments:
- 9.1.5.1 Product Launches and Product Expansions:
- 9.1.5.2 Acquisition and Mergers:
- 9.1.6 SWOT Analysis
- 9.2 Oracle Corporation
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Segmental and Regional Analysis
- 9.2.4 Research & Development Expense
- 9.2.5 Recent strategies and developments:
- 9.2.5.1 Acquisition and Mergers:
- 9.2.6 SWOT Analysis
- 9.3 SAP SE
- 9.3.1 Company Overview
- 9.3.2 Financial Analysis
- 9.3.3 Segmental and Regional Analysis
- 9.3.4 Research & Development Expense
- 9.3.5 Recent strategies and developments:
- 9.3.5.1 Acquisition and Mergers:
- 9.3.6 SWOT Analysis
- 9.4 Broadcom, Inc.
- 9.4.1 Company Overview
- 9.4.2 Financial Analysis
- 9.4.3 Segmental and Regional Analysis
- 9.4.4 Research & Development Expense
- 9.4.5 Recent strategies and developments:
- 9.4.5.1 Partnerships, Collaborations, and Agreements:
- 9.4.5.2 Product Launches and Product Expansions:
- 9.4.5.3 Acquisition and Mergers:
- 9.5 Fujitsu Limited
- 9.5.1 Company Overview
- 9.5.2 Financial Analysis
- 9.5.3 Segmental Analysis
- 9.5.4 Recent strategies and developments:
- 9.5.4.1 Partnerships, Collaborations, and Agreements:
- 9.5.4.2 Product Launches and Product Expansions:
- 9.5.5 SWOT Analysis
- 9.6 Cisco Systems, Inc.
- 9.6.1 Company Overview
- 9.6.2 Financial Analysis
- 9.6.3 Regional Analysis
- 9.6.4 Research & Development Expense
- 9.6.5 Recent strategies and developments:
- 9.6.5.1 Partnerships, Collaborations, and Agreements:
- 9.6.5.2 Acquisition and Mergers:
- 9.6.6 SWOT Analysis
- 9.7 Wipro Limited
- 9.7.1 Company Overview
- 9.7.2 Financial Analysis
- 9.7.3 Segmental and Regional Analysis
- 9.7.4 Research & Development Expenses
- 9.7.5 Recent strategies and developments:
- 9.7.5.1 Partnerships, Collaborations, and Agreements:
- 9.8 HCL Technologies Ltd. (HCL Enterprises)
- 9.8.1 Company Overview
- 9.8.2 Financial Analysis
- 9.8.3 Segmental and Regional Analysis
- 9.8.4 Research & Development Expense
- 9.8.5 Recent strategies and developments:
- 9.8.5.1 Partnerships, Collaborations, and Agreements:
- 9.8.5.2 Product Launches and Product Expansions:
- 9.9 Software AG
- 9.9.1 Company Overview
- 9.9.2 Financial Analysis
- 9.9.3 Segmental and Regional Analysis
- 9.9.4 Research & Development Expense
- 9.9.5 Recent strategies and developments:
- 9.9.5.1 Product Launches and Product Expansions:
- 9.10. Tibco Software, Inc. (Vista Equity Partners)
- 9.10.1 Company Overview
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