The global Workload Scheduling & Automation market size is expected to be worth around US$ 3.66 billion by 2028, according to a new report by Vision Research Reports.
The global Workload Scheduling & Automation market size was valued at US$ 2.20 billion in 2020 and is anticipated to grow at a CAGR of 6.6% during forecast period 2021 to 2028.
Continued digital transformation and penetration of cloud computing coupled with the growing demand for scalability are expected to drive the market growth. As application development in the IT industry is gradually gaining pace, developers are exploring different means to make the application delivery process more scalable and agile. At the same time, the demand for integrated workload automation is growing in line with the need to accelerate the time from design to delivery. All these factors bode well for market growth.
Workload scheduling and automation can potentially help enterprises reduce manual errors, improve the execution of batch tasks, and optimizing storage and job scheduling. Workload scheduling and automation solutions can also increase the overall efficiency and IT productivity of the organizations that are serving the business needs of their customers. However, the additional expenditure incurred by organizations on the installation and maintenance of workload scheduling and automation solutions is expected to restrain the growth of the market. On the other hand, the adoption of the Operational Expenditure (OPEX) model of Software as a Service (SaaS) as an alternative to OPEX as a software platform is expected to open new growth opportunities in the market.
The cloud segment accounted for a major revenue share of around 55.01% in 2019. Cloud-based solutions are emerging as a new norm owing to the increasing demand for solutions that can potentially help the developers and operators on the go. The latest trends have revealed that Workload Automation (WLA) is often used in virtualized and cloud environments. Advances in technology are encouraging enterprises to deploy WLA cloud solutions to ease workload processing and accommodate various other applications across the cloud environment.
The large enterprise segment accounted for the largest market share of over 53.01% in 2019. Large enterprises have taken a lead in adopting workload scheduling and automation solutions and are deploying these solutions to centralize the execution, enhance IT operational efficiency, and increase IT productivity. Large enterprises are also adopting cloud-based services to effectively manage costs. The availability of free, open-source, and customizable WLA cloud solutions also bodes well for the growth of the segment.
The retail segment held the largest market share of around 25.01% in 2019 owing to the increasing adoption of WLA solutions by retailers for in-house operations, such as logistics and inventory management. Services, such as managing online payments, payment gateways, digital wallets, and exemplary customer experience, would particularly require complex, automated workflow structures, thereby encouraging the adoption of WLA solutions in the retail industry. Based on end-use, the market is segmented into BFSI, IT and telecom, retail, healthcare, government, and public sector, and manufacturing.
North America accounted for a major share of over 40.01% in 2019 owing to the early adoption of workload scheduling and automation solutions by enterprises in the region. North America is also home to several vendors, such as Oracle Corporation, Cisco Systems, and IBM Corporation, among others, which are offering several innovative IT workload automation solutions. Moreover, various industry participants estimate that North America will maintain a substantial share of cloud-based workloads throughout 2020 and experience steady growth over forecast period. The increasing IT infrastructure; the growing preference for entirely-automated, cloud-based operations; and the rising number of technology startups are expected to drive the growth of the North America regional market.
ASG Technologies Group, Inc.
BMC Software, Inc.
CA Technologies (Broadcom Inc.)
Cisco Systems, Inc.
HCL Technologies Limited
Hitachi Vantara Corporation.
Enterprise Size Outlook
Small & Medium Enterprise
IT & Telecommunication
Government & Public Sector
The Workload Scheduling & Automation market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.
The report provides size (in terms of volume and value) of Workload Scheduling & Automation market for the base year 2020 and the forecast between 2021 and 2028. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.
This report focuses on the global Workload Scheduling & Automation market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Workload Scheduling & Automation market development in United States, Europe and China.
It is pertinent to consider that in a volatile global economy, we haven’t just conducted Workload Scheduling & Automation market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.
In terms of production side, this report researches the Workload Scheduling & Automation capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.
In terms of consumption side, this report focuses on the consumption of Workload Scheduling & Automation by regions (countries) and application.
Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Workload Scheduling & Automation market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2028. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.
With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Workload Scheduling & Automation market companies.
Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Workload Scheduling & Automation market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.
The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.
Overall, this is an in-depth research report specifically for the Workload Scheduling & Automation industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.
The Workload Scheduling & Automation market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Workload Scheduling & Automation market.
Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Workload Scheduling & Automation market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.
Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Workload Scheduling & Automation market. These factors have benefited the growth of the global market for Workload Scheduling & Automation. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.
New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Workload Scheduling & Automation. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).
In this study, the years considered to estimate the market size of Workload Scheduling & Automation are as follows:
Reasons to Purchase this Report:
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
Market Size Estimation
Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type and application (end users).
The market estimations in this report are based on the selling price (excluding any discounts provided by the manufacturer, distributor, wholesaler or traders). Market share analysis, assigned to each of the segments and regions are achieved through product utilization rate and average selling price.
Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or others factors are accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Vision Research Reports and presented in this report.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation. Extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report.
Secondary Sources occupies approximately 25% of data sources, such as press releases, annual reports, Non-Profit organizations, industry associations, governmental agencies and customs data, and so on. This research study includes secondary sources; directories; databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), TRADING ECONOMICS, and avention; Investing News Network; statista; Federal Reserve Economic Data; annual reports; investor presentations; and SEC filings of companies.
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product manufacturers (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end users (product buyers), and related key executives from various key companies and organizations operating in the global market.
The study objectives of this report are:
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