Overview and Scope
Workload scheduling and automation refers to the process of efficiently distributing and managing tasks, processes, or jobs among computing resources such as servers, networks, and cloud environments via automated tools and systems. It aims to simplify and optimize the execution of diverse tasks, increase resource utilization, improve system reliability, and eliminate manual involvement in routine processes.
Sizing and Forecast
The workload scheduling and automation market size has grown rapidly in recent years. It will grow from $2.97 billion in 2023 to $3.28 billion in 2024 at a compound annual growth rate (CAGR) of 10.5%. The growth in the historic period can be attributed to digital transformation initiatives, rising complexity of IT environments, focus on cost optimization, need for business continuity and disaster recovery, increasing volume of data and demand for real-time analytics.
The workload scheduling and automation market size is expected to see rapid growth in the next few years. It will grow to $4.94 billion in 2028 at a compound annual growth rate (CAGR) of 10.8%. The growth in the forecast period can be attributed to focus on security and compliance, remote workforce management, increasing complexity of business processes, growing importance of DevOps practices, focus on customer experience and need for scalability. Major trends in the forecast period include rapid technological advancements, increasing adoption of cloud computing, integration of ai and machine learning, cloud-native workload automation, hyperautomation and event-driven automation.
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Segmentation & Regional Insights
The workload scheduling and automation market covered in this report is segmented –
1) By Deployment: On-premise, Cloud
2) By Enterprise: Large Enterprise, Small And Medium Enterprise
3) By End-Use : Banking, Financial Services And Insurance (BFSI), Information Technology (IT) And Telecommunication, Retail, Healthcare, Government And Public Sector, Manufacturing, Other End-Users
North America was the largest region in the workload scheduling and automation market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the workload scheduling and automation 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 growing demand for cloud computing is expected to propel the growth of the workload scheduling and automation market going forward. Cloud computing is the delivery of computing services over the Internet, offering resources such as storage, processing power, and software on a pay-as-you-go basis, enabling scalability, flexibility, and cost-efficiency for users. In workload scheduling and automation, cloud computing allows for the deployment of scalable infrastructure and software resources over the Internet, facilitating efficient management of tasks, data processing, and system maintenance. For instance, in 2023, according to Eurostat, a Luxembourg-based government agency, 42.5% of businesses in the EU (European Union) purchased cloud computing services. This was primarily for office software, file storage, and email. Compared to 2021, there was a 4.2 percentage point increase in the share of EU firms purchasing cloud computing services. Therefore, the growing demand for cloud computing is driving the growth of the workload scheduling and automation market.
Key Industry Players
Major companies operating in the workload scheduling and automation market are Foxconn Technology Group, Dell Technologies Inc., Bosch Group, Siemens AG, Hitachi Ltd., Lenovo Group Limited, General Electric Company, Intel Corporation, International Business Machines Corporation, Caterpillar Inc., Deere & Company, Mitsubishi Electric Corporation, Schneider Electric SE, Honeywell International Inc., 3M Company, ABB Ltd., Hewlett-Packard Enterprise Company, Danaher Corporation, Johnson Controls International plc, Emerson Electric Co., Rockwell Automation Inc., Fanuc Corporation
The workload scheduling and automation market report table of contents includes:
1. Executive Summary
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