Global Process Orchestration Market Size, Status and Forecast 2018-2025

Published - Aug 2018 | Category - ICT and Media | No. of Pages - 100 | Published By - Global QYResearch

The Process Orchestration industry was 3.25 billion USD in 2017 and is projected to reach 8.50 billion USD by 2023, at a CAGR (Compounded Annual Growth Rate) of 17.5% between 2017 and 2023. The market is driven by various end-user industries, such as Small and Medium-sized Enterprises (SMEs), Large enterprises.

The industry is less concentration, the key brand include SAP (Germany), IBM (US), Oracle (US), CA Technologies (US), ServiceNow (US), Cisco (US), BMC Software (US), Fujitsu (Japan), OpenText (Canada), TIBCO (US), Software AG (Germany), HCL (India), Wipro (India), Newgen Software (India),Everteam (France), Arvato (Germany), Ayehu (US), Micro Focus (UK), Icaro Tech (Brazil), Cortex (UK), eQ Technologic (US), PMG (US), Nipendo (US),Dealflo (UK) ,and Data Ductus (Sweden).

The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market. Looking to the future years, the slow upward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.


 

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