Overview and Scope
Artificial intelligence (AI) orchestration is a method of organizing and overseeing the installation, integration, and interaction of different machine learning (ML) and artificial intelligence (AI) models, processes, and data pipelines. Artificial intelligence (AI) orchestration improves the deployment and administration of AI technologies, increasing their usefulness and influence in a variety of settings and sectors.
Sizing and Forecast
The artificial intelligence (AI) orchestration market size has grown exponentially in recent years. It will grow from $7.57 billion in 2023 to $9.33 billion in 2024 at a compound annual growth rate (CAGR) of 23.2%. The growth in the historic period can be attributed to rise of cloud computing, surge in big data usage, proliferation of IoT devices, expansion of devops practices, growing need for real-time insights.
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Segmentation & Regional Insights
The artificial intelligence (ai) orchestration market covered in this report is segmented –
1) By Component: Services, Solution
2) By Deployment Mode: Cloud, On-Premise
3) By Application: Customer Service Orchestration, Infrastructure Orchestration, Manufacturing Orchestration, Workflow Orchestration, Other Applications
4) By End-Users: Information Technology And Telecommunications, Manufacturing, Healthcare, Banking Financial Services And Insurance (BFSI), Consumer Goods And Retail, Government And Defense, Energy And Utilities, Other End-Users
North America was the largest region in the artificial intelligence (AI) orchestration market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the artificial intelligence (ai) orchestration market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The rapid digital transformation across industries is expected to propel the growth of the artificial intelligence (AI) orchestration market in the coming years. Digital transformation is the process of leveraging digital technology to alter current or develop new company processes, cultures, and customer experiences to meet changing market and consumer expectations. Artificial intelligence (AI) orchestration promotes the digital shift by effectively integrating and coordinating several AI technologies, reducing workflows, and maximizing resource use, resulting in increased productivity and innovation. For instance, in May 2022, according to the International Business Machines Corporation (IBM), a US-based technology company, around 35% of businesses globally used artificial intelligence (AI) in 2022, which is an increase of 4% from 2021. In addition, there was a 13% increase in organizations adopting artificial intelligence (AI) in 2022 compared to 2021. Therefore, the rapid digital transformation across industries is driving the artificial intelligence (AI) orchestration market.
Key Industry Players
Major companies operating in the artificial intelligence (ai) orchestration market report are Oracle Corporation, General Electric Company, International Business Machines Corporation, Cisco Systems Inc, SAP SE, Fujitsu Limited , Hewlett Packard Enterprise Company , Capgemini SE, GE HealthCare Technologies Inc., VMware LLC, Wipro Limited, ServiceNow Inc., Red Hat Inc., Micro Focus International plc, BMC Software Inc, TIBCO Software Inc, Dynatrace Inc., Flexera, HashiCorp, ScienceLogic, CA Technologies Inc, Cloudify, Rapid Acceleration Partners Inc., Activeeon S.A.S., Pandio, HyperSense Software, Botminds AI, ModelOp, CloudFabrix, AltaSigma GmbH
The artificial intelligence (ai) orchestration market report table of contents includes:
1. Executive Summary
2. Artificial Intelligence (AI) Orchestration Market Characteristics
3. Artificial Intelligence (AI) Orchestration Market Trends And Strategies
4. Artificial Intelligence (AI) Orchestration Market – Macro Economic Scenario
5. Global Artificial Intelligence (AI) OrchestrationMarket Size and Growth
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32. Global Artificial Intelligence (AI) Orchestration Market Competitive Benchmarking
33. Global Artificial Intelligence (AI) Orchestration Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Artificial Intelligence (AI) Orchestration Market
35. Artificial Intelligence (AI) Orchestration Market Future Outlook and Potential Analysis
36. Appendix
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