Workflow Orchestration Market worth 50.82 Billion USD by 2022 Workflow Orchestration Market worth 50.82 Billion | Page 2

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. North America is estimated to lead the workflow orchestration market in 2017. North America is estimated to lead the workflow orchestration market in 2017. The growth of the workflow orchestration market in North America is primarily driven by the presence of key players, such as IBM (US), VMware (US), Microsoft (US), Oracle (US), and BMC Software (US), offering workflow orchestration solutions in this region. The digitalization of organizations has created an opportunity to refine and streamline various business activities through workflow automation and orchestration. Several organizations in North American countries are opting for workflow orchestration to reduce operational costs and achieve improved business outcomes, which, in turn, is expected to drive the growth of the workflow orchestration market in this region. Key players operating in the workflow orchestration market include Microsoft (US), IBM (US), Cisco Systems (US), Oracle (US), VMware (US), CA Technologies (US), Arvato AG (Germany), BMC Software (US), ServiceNow (US), Micro Focus (UK), Dalet SA (France), and Ayehu Software Technologies (US). About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.