The data orchestration tool market in the United States will grow at an 8.1% CAGR till 2034. Data orchestration technologies help organizations improve data workflows, automate operations, and use data-driven insights to innovate and compete in the digital economy.

NEWARK, DE / ACCESSWIRE / August 14, 2024 / The global data orchestration tool market will reach a valuation of USD 1.3 billion in 2024, attributed to factors such as industry specific solutions and use cases. The trend is set to create new opportunities for the market, leading to a projected CAGR of 12.1% between 2024 and 2034, and reaching a total valuation of approximately USD 4.3 billion by 2034.

DataOps, which focuses on collaboration, automation, and agility in data related processes, is gaining traction as organizations seek to improve the speed and efficiency of their data operations.

Data orchestration tools play a key role in enabling DataOps practices by automating data workflows and promoting cross functional collaboration.

Integration of data orchestration tools with DevOps and continuous integration/continuous deployment pipelines is becoming increasingly important for organizations looking to automate and streamline their data pipelines.

The integration facilitates seamless deployment of data pipelines and ensures consistency across development, testing, and production environments.

Discover the Full Details in Our Report-Read More Now!

Ensuring data security and privacy has become a top priority for organizations, with the increasing frequency and sophistication of cyber threats.

Data orchestration tools that incorporate robust security features, such as encryption, access controls, and data masking, are essential for addressing these concerns and building trust with customers.

Real time analytics and insights enable organizations to make faster decisions and respond quickly to changing market conditions.

Data orchestration tools that support real-time data processing, streaming analytics, and event driven architectures are in high demand, particularly in industries such as e-commerce, fintech, and IoT.

Many organizations are adopting hybrid and multi cloud strategies to leverage the benefits of multiple cloud providers while maintaining some infrastructure on-premises.

Key Takeaways from the Market Study

• Global data orchestration tool market was valued at USD 1.2 billion in 2023.

• From 2019 to 2023, the market demand expanded at a CAGR of 11.3%.

• The market in Australia and New Zealand to expand at a CAGR of 7.5% through 2034.

• By deployment model, the cloud based segment to account for a share of 62.3% in 2024.

• The market in Japan will expand at a CAGR of 4.2% through 2034.

• In terms of industry, the telecommunications segment to account for a share of 24.2% in 2024.

Data orchestration tools that support seamless integration and management across hybrid and multi cloud environments are increasingly sought after, remarks an FMI analyst.

Competitive Landscape

Prominent players in the data orchestration tool market AWS, Google, SAP, Microsoft, Prefect, Dagster, Luigi, and Metaflow, among others.

Company Portfolio

• Google offers data integration, data analytics, and machine learning solutions through its Google Cloud platform.

Their data orchestration tools, including Google Cloud Dataflow and Google Cloud Composer, enable organizations to design, deploy, and manage data pipelines for batch and streaming data processing, supporting use cases such as data warehousing, IoT analytics, and real time data insights.

• Amazon Web Services provides a range of data integration and data management services, including AWS Glue, AWS Data Pipeline, and Amazon Redshift, as part of its AWS cloud platform.

Their data orchestration tools enable organizations to automate data workflows, transform data at scale, and analyze data in real time, supporting use cases such as data lake analytics, data warehousing, and machine learning.

More Valuable Insights Available

Future Market Insights offers an unbiased analysis of the global data orchestration tool market, providing historical data for 2019 to 2023 and forecast statistics from 2024 to 2034.

To understand opportunities in the data orchestration tool market, the market is segmented on the basis of deployment model (cloud based, on premise), and industry (retail and e-commerce, healthcare, manufacturing, telecommunications, others), across seven major regions (North America, Latin America, Western Europe, Eastern Europe, South Asia & Pacific, East Asia, and Middle East & Africa (MEA)).

Segmentation Analysis of the Data Orchestration Tool Market

By Deployment Model:

• Cloud Based

• On Premise

By Industry:

• Retail and E-Commerce

• Healthcare

• Manufacturing

• Telecommunications

• Others

By Region:

• North America

• Latin America

• Western Europe

• Eastern Europe

• South Asia and Pacific

• East Asia

• The Middle East and Africa

Author By:

Sudip Saha is the managing director and co-founder at Future Market Insights, an award-winning market research and consulting firm. Sudip is committed to shaping the market research industry with credible solutions and constantly makes a buzz in the media with his thought leadership. His vast experience in market research and project management a consumer electronics will likely remain the leading end-use sector cross verticals in APAC, EMEA, and the Americas reflects his growth-oriented approach to clients.

He is a strong believer and proponent of innovation-based solutions, emphasizing customized solutions to meet one client's requirements at a time. His foresightedness and visionary approach recently got him recognized as the ‘Global Icon in Business Consulting' at the ET Inspiring Leaders Awards 2022.

Have a Look at the Related Reports of the Technology Domain:

The growth of service orchestration enhances operational efficiency by seamlessly integrating diverse services, enabling real-time automation, and optimizing resource management to adapt swiftly to dynamic business environments.

Emerging trends in microservices orchestration are revolutionizing application development by enhancing scalability, streamlining deployment processes, and optimizing inter-service communication for more agile and resilient software architectures.

The security orchestration automation and response market share is predicted to grow from USD 1.3 Billion in 2022 to USD 3.8 Billion in 2032. The market is anticipated to have a steady CAGR of 10.9% during the period.

The policy orchestration market revenue totaled USD 537.6 million in 2021. The policy orchestration market is expected to reach USD 917.9 Million by 2032, growing at a CAGR of 5.1% from 2022 to 2032.

The structured data management software market is predicted to develop at a CAGR of 7.10% from 2022 to 2032 and is expected to reach USD 137394.92 Million by 2032. In 2022, the market was valued at USD 69195.20 Million.

The growing demand for data exfiltration solutions reflects increasing concerns about cyber threats, as organizations seek advanced tools to prevent unauthorized data access and protect sensitive information from breaches.

The demand for converged data platforms is rapidly increasing as organizations seek integrated solutions to streamline data management, enhance analytics capabilities, and drive more informed decision-making across diverse business functions.

The global data governance market is estimated to be valued at USD 4.1 billion in 2024. Over the projection period, it is expected to witness a CAGR of 18.5% and reach a total industry size of USD 22.5 billion by 2034.

The modular data center market is valued at USD 25 billion in 2024 and is projected to reach USD 135 billion by 2034, exhibiting a CAGR of 18.3% over the forecast period.

The growth of data center security is driven by escalating cyber threats and regulatory requirements, compelling organizations to adopt advanced measures like AI-driven surveillance and encryption to safeguard sensitive information.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

SOURCE: Future Market Insights, Inc.