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AI Orchestration Market to reach USD 22.54 Bn by 2029 at a CAGR of 21.7 percent during the forecast period (2023-2029)

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Pune, April 11, 2023 (GLOBE NEWSWIRE) — Maximize Market Research, an international business & consultancy firm has recently published a research report on the “AI Orchestration Market”. The total global market size for the “AI Orchestration Market” was valued at USD 5.7 Bn in 2022 and is expected to grow at a CAGR of 21.7 percent over the forecast period to reach USD 22.54 Bn by 2029.

Market Size in 2022 USD 5.7 Bn
Market Size in 2029 USD 22.54 Bn
CAGR 21.7 percent (2023-2029)        
Forecast Period 2023-2029
Base Year 2022
Number of Pages 265
No. of Tables 119
No. of Charts and Figures 115
Segment Covered By Component, Deployment Mode, Application, Organization Size, End-Users and Region
Regional Scope North America, Europe, Asia Pacific, Middle East and Africa, South America
Report Coverage Market Share, Size & Forecast by Revenue | 2023−2029, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players’ Market Ranking Analysis.

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AI Orchestration Market Report Scope and Research Methodology

The global AI Orchestration Market report includes detailed analysis of the top players and their business tactics, geographical expansion, market segments, competitive landscape, manufacturing, and pricing and cost structures. Each section of the research study is specially prepared to explore key aspects of the global AI Orchestration Market. For instance, the market dynamics section digs deep into the drivers, restraints, trends, and opportunities of the global AI Orchestration Market. With qualitative and quantitative analysis, the report helps clients with thorough and comprehensive research on the global AI Orchestration Market. The report has also focused on SWOT, PESTLE, and Porter’s Five Forces analyses of the global AI Orchestration Market.

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AI Orchestration Market Overview

AI Orchestration automates end-to-end management and governance of all AI and decision-making models across the enterprise. This solution helps enterprises operationalize artificial intelligence (AI) enabling scalability and growth. Technologies such as machine learning and AI assists with data preparation, model building and deployment, insight generation, and insight explanation to augment how enterprises explore and analyze the data.

Increase adoption of AI Orchestration solutions across the various end users to influence the market growth

The adoption of AI orchestration in various end-user industries such as E-commerce, education, automobiles, healthcare, marketing and agriculture is expected to drive the growth of the AI Orchestration Market. New advanced technologies such as 5G, and AI technologies to boost the market growth over the forecast period.

AI orchestration helps in reduced operational expenses, hassle-free deployment, high scalability, easy data accessibility, and quicker access to crucial data, among others. Such few advantages and the increasing adoption of cloud-based services, big data, the Internet of Things (IoT), and machine learning platforms are expected to influence the growth of the AI orchestration market.

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In North America, developing AI Orchestration infrastructure to drive the Market growth.

North America dominated the AI orchestration market share in 2022 and is expected to grow at a significant CAGR during the forecast period. This is due to the high concentration of artificial intelligence and cloud-based solution industries in the region are expected to provide lucrative growth opportunities for the AI orchestration market. Digital Transformation and fast internet services in the area and responsible factors for the market growth. The US market dominated the North America AI Orchestration Market by country in 2022.

AI Orchestration Market Segmentation

The AI Orchestration Market is segmented on the basis of component, deployment mode, application, organization size, end users and region.

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Based on the Component, the Solution segment to dominate the market over the forecast period

In 2022, the solutions segment held the largest AI Orchestration Market share. The segment growth is due to technology development and internet users’ growth and highly generated data. AI Orchestration solutions help enterprises to develop, manage and deploy AI applications. As a result, the AI Orchestration solution segment growth in the market.

Based on the Deployment Mode, the On-Premise segment to dominate the market during the forecast period

The on-premise segment is expected to grow at a significant CAGR over the forecast period. In 2022 this segment dominated the global market share. The segment growth is driven by various advantages provided by on-premise deployments AI Orchestration Market such as a high level of data security and safety. Most of the key players give preference to the on-premise model as compared to cloud-based deployment models, which have been driving the demand for on-premise deployment models across the world.

Based on the Application, the customer service orchestration segment to dominate the market over the forecast period

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The customer service orchestration category held the largest market share in 2022 and is expected to grow at the highest CAGR during the forecast period. Businesses struggle with various issues related to IT infrastructure. The increasing issue such as integration and compatibility problems, ballooning IT budgets, and technology are expected to fuel this segment’s market growth.

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Based on the Organization Size, the small and medium-sized enterprises segment to dominate the market over the forecast period

In 2022, the small and medium-sized categories dominated the global market share. The market growth is driven by modern trends and outperforming their rivals and business are used orchestrations. These factors are expected to drive market growth during the forecast period.

Based on End-Users, the healthcare segment to dominate the AI Orchestration Market over the forecast period

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In 2022, the health segment held the largest global market share 2022 and is expected to grow at a significant CAGR over the forecast period. Healthcare Segment growth is driven by the streamlining process of patients’ processes and the growth of efficiency in a healthcare context.

By Component:

• Services
• Solution

By Deployment Mode:
• Cloud
• On-Premise

By Application:
• Customer Service Orchestration
• Infrastructure Orchestration
• Manufacturing Orchestration
• Workflow Orchestration
• Others

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By Organisation Size:
• Large Enterprises
• Small and Medium-Sized Enterprises

By End-Users:

• IT and Telecommunications
• Manufacturing
• Healthcare
• BFSI
• Consumer Goods and Retail
• Government and Defense
• Energy and Utilities
• Others

AI Orchestration Key Players include:

• Oracle Corporation
• Fujitsu Limited
• Wipro Limited
• Capgemini Services SAS
• General Electric Company
• BMC Software, Inc.
• TIBCO Software Inc.
• Cisco Systems, Inc.
• Hewlett Packard Enterprise Company
• IBM Corporation

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Get the Sample PDF of the Report: https://www.maximizemarketresearch.com/request-sample/184156

Key questions answered in the AI Orchestration Market are:

  • What is AI Orchestration?
  • What was the AI Orchestration Market size in 2022?
  • What is the expected AI Orchestration Market size by 2029?
  • What is the growth rate of the AI Orchestration Market?
  • What are the key benefits of the AI Orchestration Market?
  • What are the new trends in AI Orchestration?
  • Which segment dominated the AI Orchestration Market growth?
  • What is the demand pattern for the AI Orchestration Market?
  • What are the driving, opportunity and restraining factors in the global AI Orchestration Market?
  • Which are the factors expected to drive the AI Orchestration Market growth?
  • Which factors are expected to restrain the AI Orchestration Market growth?
  • Which region held the largest share of the AI Orchestration Market?
  • Who are the key players in the AI Orchestration Market?

Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2021)
  • Past Pricing and price curve by region (2018 to 2021)
  • Market Size, Share, Size & Forecast by different segment | 2023−2029
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Market Segmentation – A detailed analysis by Component, Deployment Mode, Application, Organisation Size, End-Users and Region
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of Business by Region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

Maximize Market Research is a leading IT and Telecommunication research firm that has also published the following reports:

3D Surveillance Software Market: The total market size was valued at USD 109.8 Bn in 2022 and the total revenue is expected to grow at a CAGR of 7.03 percent from 2023 to 2029, reaching USD 176.66 Bn. The increasing demand for video surveillance is expected to drive market growth.

Process Orchestration Market: The total market size was valued at USD 6.15 Bn in 2021 and the total revenue is expected to grow at a CAGR of 17.5 percent from 2022 to 2029, reaching USD 22.37 Bn. The increasing deployment of cloud-based applications solutions across the world is expected to drive market growth.

Security Orchestration Automation and Response Market: The total market size was valued at USD 0.95 Bn in 2021 and the total revenue is expected to grow at a CAGR of 15.5 percent from 2022 to 2029, reaching USD 3.01 Bn by 2029. Automating repetitive tasks and consistently checking data because increases speed and team morale, which is expected to drive market growth.

Healthcare IT Integration Market: The total market size was valued at USD 4.1 Bn in 2021 and the total revenue is expected to grow at a CAGR of 12.5 percent from 2022 to 2029, reaching USD 10.52 Bn by 2029. The increasing adoption of telehealth services for monitoring and consultation purposes is expected to drive market growth.

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Cloud Application Security Market: The total market size was valued at USD 41 Bn in 2021 and the total revenue is expected to grow at a CAGR of 13.8 percent from 2022 to 2029, reaching USD 101.3 Bn. The increasing digitalization, cybercrime, cyber-attacks and cyber are expected to drive market growth.

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic Industries, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified Type estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.


GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Artificial Intelligence

Explore Madrid Like Never Before: New Partnership Between Wego and MADRID TURISMO by IFEMA Madrid

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DUBAI, UAE, June 25, 2024 /PRNewswire/ — Wego, the number 1 travel app and the largest online travel marketplace in the Middle East and North Africa (MENA), is delighted to announce a groundbreaking partnership with MADRID TURISMO by IFEMA Madrid as part of their “Only in Madrid” campaign. This initiative aims to boost awareness about the vibrant culture and unique attractions of Madrid, inviting travelers from the GCC to explore the Spanish capital like never before.

 
 
This collaboration sheds light on Madrid’s history, stunning architecture, and dynamic cultural scene. The campaign will emphasize Madrid’s blend of traditional charm and modern sophistication, presenting it as a premier travel destination for GCC residents and visitors. It aims to showcase the best of Madrid, fostering a deeper connection between the Spanish Capital and the Gulf region.
“Wego is excited to bring the diverse and vibrant experiences of Madrid to travellers from the Gulf region,” said Mamoun Hmedan, Chief Business Officer of Wego. Our partnership with MADRID TURISMO by IFEMA Madrid will enhance travel opportunities and highlight the best of Madrid to Gulf travelers. Madrid’s unique blend of historical richness, cultural vibrancy, and modern appeal makes it a perfect destination for our audience.”
Travellers can embark on an unforgettable adventure tailored to their individual interests. History buffs can delve into iconic landmarks and UNESCO sites, while art lovers will be captivated by the world-renowned Triangle of Art. Foodies will rejoice in Michelin-starred restaurants (28 establishments boasting an impressive 36 stars!) and vibrant neighbourhoods overflowing with culinary delights.
MADRID TURISMO by IFEMA Madrid said: “By highlighting the destination’s unique offerings, Wego and MADRID TURISMO by IFEMA Madrid aim to inspire more travellers to experience the magic of Madrid, fostering lasting memories and enriching cross-cultural connections.”
Travelers get to experience the birthplace of Flamenco Tablao and immerse themselves in the captivating spirit of Spain. For a touch of tranquillity, they can venture beyond the city to explore charming towns and villas. From historical immersion to cultural experiences, Madrid caters to every desire.
About Wego
Wego is the number 1 travel app and the largest online travel marketplace in the Middle East and North Africa (MENA).
It provides award-winning travel search websites and top-ranked mobile apps for travelers living in the Asia Pacific and the Middle East regions. Wego harnesses powerful yet simple to use technology that automates the process of searching and comparing results from hundreds of airlines, hotels, and online travel agency websites.
Wego presents an unbiased comparison of all travel products and prices offered in the marketplace by merchants, both local and global, and enables shoppers to quickly find the best deal and place to book whether it is from an airline or hotel directly or with a third-party aggregator website.
The company was founded in 2005 and is dual headquartered in Dubai and Singapore with regional operations in Bangalore, Riyadh, Cairo, Lahore, and Kuala Lumpur.
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Artificial Intelligence

Aetion Launches Barcelona Technology Hub and Appoints Ken Watson as Chief Technology Officer

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BARCELONA, Spain, June 24, 2024 /PRNewswire/ — Aetion®, the global leader in real-world evidence (RWE) technology and analytics, announced today the creation of an RWE technology hub in Barcelona, Spain, to convene the most capable group of dedicated RWE technologists in the industry. Aetion also announced the appointment of Ken Watson as Chief Technology Officer (CTO). Ken draws upon his decades of experience at companies such as Microsoft, the Toronto Stock Exchange, and WeWork — as well as several startups he co-founded — and is responsible for leading Aetion’s overall engineering and product strategy.

Aetion established a presence in Barcelona in 2021 and has steadily grown its team there since. As part of the launch of its technology hub, Aetion will more than double the size of its engineering team in Spain, drawing top technical talent locally and from around Europe. The Barcelona team will work across Aetion’s product suite, enhancing existing offerings and continuing to innovate at the forefront of RWE technology. The recent release of Aetion® Discover — the first Aetion product to be built in Barcelona — was a turning point in establishing the city as Aetion’s new technology hub. Aetion Discover is a visual-first application designed for exploratory analyses on wide-ranging research questions from disease burden to unmet need, real-world value, and more, and it is already transforming the way clients generate insights quickly and at scale.
Ken joined Aetion in August 2023 as SVP of Engineering and, early on, led the successful launch of Discover and product enhancements such as an R development environment integrated with Aetion applications, workflow updates to Aetion® Substantiate, and new data management capabilities in the Aetion Evidence Platform®.
“As a technology leader of companies at all stages and sizes, and as a multi-time founder himself, Ken is the ideal person to lead Aetion’s overall technology and product organization and our Barcelona technology hub,” said Jeremy Rassen, Aetion President and Co-Founder. “His expertise in building global teams, combined with the mission-driven engineering talent in Barcelona, will be put toward solving complex problems and further accelerating our ambitious software roadmap.”
Ken shared, “I am honored to be stepping into the CTO role at this inflection point for Aetion. Building high-quality software in a rapidly evolving field takes entrepreneurial spirit and technical know-how, and I’m thrilled to bring my skills to help answer today’s most pressing questions in healthcare. With our expanded and co-located Barcelona team working closely with our world-class epidemiologists and data scientists, I am confident in our ability to deliver the next wave of software innovation that’s so critically needed in this era of novel treatment proliferation.”
Aetion is the only company to offer a full range of software products to turn real-world data into real-world evidence. All Aetion applications are built upon its flagship Aetion Evidence Platform, providing interoperability across applications while consistently drawing upon virtually any source data and hosting environment.
Contact [email protected] for more information on Aetion software and services, or [email protected] to inquire about roles in Aetion’s Barcelona Technology Hub.
About Aetion®
Aetion is a healthcare analytics company that delivers real-world evidence for the manufacturers, purchasers, and regulators of medical treatments and technologies. Aetion’s suite of real-world data analytics applications analyzes data from the real world to produce transparent, rapid, and scientifically validated answers on safety, effectiveness, and value. Founded by Harvard Medical School faculty members with decades of experience in epidemiology and health outcomes research, Aetion informs healthcare’s most critical decisions—what works best, for whom, and when—to guide product development, commercialization, and payment innovation. Learn more at aetion.com.
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Artificial Intelligence

Workers embrace AI and prioritise skills growth amid rising workloads and an accelerating pace of change: PwC 2024 Global Workforce Hopes & Fears Survey

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Almost half (45%) of workers say their workload has increased significantly in the past year, as almost two-thirds (62%) say the pace of change at work has increased over the same timeMore than one-quarter (28%) say they are very or extremely likely to switch employer in the next 12 months – a higher proportion than during the ‘Great Resignation’ (19%) in 2022Employees prioritise skills-growth: fewer than half (46%) strongly or moderately agree that their employer provides adequate opportunities to learn new skills. This is particularly important for workers considering leaving: two-thirds (67%) say opportunities to learn new skills are a key factor in any decision to job-switchMore than 80% of workers who use generative AI daily expect it to make their time at work more efficient in the next 12 months. Half (49%) of all users expect it to lead to higher salariesCost-of-living pressures ease slightly: the proportion of workers with money left over each month rises to 45% (compared to 38% in 2023). However, 52% say they are still financially stressedLONDON, June 25, 2024 /PRNewswire/ — Among more than 56,000 workers across 50 countries and territories, many say they are prioritising long-term skills growth to accelerate their careers amid rising workloads and heightened workplace uncertainty, according to PwC’s 2024 Global Workforce Hopes & Fears Survey, published today.

In the last 12 months, workers say they have experienced rising workloads (45%) and an accelerating pace of workplace change. Nearly two-thirds (62%) say they have experienced more change at work in the past year than the 12 months prior, with two-fifths (40%) noting their daily responsibilities have changed to a large or very large extent. Almost half (44%) don’t understand the purpose of changes taking place.
In the midst of this growing mix of employee pressures, the findings suggest workers are alert to opportunities elsewhere, and are highly focused on skills growth and embracing AI.
More than one-quarter (28%) say they are likely to switch employer in the next 12 months, a percentage far higher than during the ‘Great Resignation’ (19%) of 2022. Two-thirds (67%) of those considering moving say skills is an important factor in their decision to stay with their current employer or switch to a new one.
Carol Stubbings, Global Markets and Tax & Legal Services (TLS) Leader, PwC UK, said:
“As workers face heightened uncertainty, rising workloads and continue to face financial stress, they are prioritising skills growth and embracing new and emerging technologies such as GenAI to turbocharge their growth and accelerate their careers. The findings suggest that job satisfaction is no longer enough. Employees are placing an increased premium on skills growth in a climate characterised by constant technological change. Employers must ensure they are investing in their employees and technological platforms to mitigate employee pressures and retain the brightest talent.”
Workers embrace AI to ease workplace pressures and unlock personal growth
As employees face heightened workplace pressures, they are also turning to new and emerging technologies such as generative AI (GenAI) to help. Among those employees who use GenAI daily, 82% expect it to make their time at work more efficient in the next 12 months.
Employees are also optimistic about opportunities for GenAI to support their growth. Half (49%) of all users expect GenAI to lead to higher salaries – an expectation that’s even higher (76%) among employees who use the technology daily. More than 70% of users agree that GenAI tools will create opportunities to be more creative at work (73%) and improve the quality of their work (72%).
The skills imperative
Workers are placing an increased premium on skills growth to mitigate their concerns and accelerate their careers. Employees who say they are likely to switch employers in the next 12 months are nearly twice as likely to strongly consider upskilling in that decision than workers planning to stay (67% vs. 36%). This comes as fewer than half (46%) of all employees moderately or strongly agree that their employer provides adequate opportunities to learn new skills that will be helpful to their careers.
Employees who are likely to leave in the next year may be more attuned to skills changes that are needed than the general workforce, with 51% moderately or strongly agreeing that the skills their job requires will change in the next five years (vs. 29% of those unlikely to change employer).
There is particular interest in the impact of AI on skills development, with 76% of all users expecting it to create opportunities to learn new skills at work. However, employers will need to invest heavily in new and emerging technology training and access. Among employees who have not used GenAI at work in the last 12 months, one-third (33%) don’t think there are opportunities to use the technology in their line of work, while 24% don’t have access to the tools at work, and 23% don’t know how to use the tools.
Despite the pace of change, there are also signs of optimism and engagement at work. 60% of workers expressed at least moderate job satisfaction (up from 56% in 2023) while more than half (57%) of employees who view fair pay as important agree that their job is fairly paid. Cost-of-living pressures have slightly eased since 2023 (the proportion of workers with money left over each month has risen to 45%, up from 38%). However,  more than half (52%) say they are still financially stressed to some degree.
Pete Brown, Global Workforce Leader, PwC UK, said:
“Technology is fundamentally transforming the way work gets done and the types of skills employers are looking for. Employees are therefore placing an increased premium on organisations that invest in their skills growth so that they can stay relevant and thrive in a digital world. Businesses in turn must be proactive in their upskilling programs – prioritising the employee experience and being transparent. Because when you meaningfully engage your workforce, they become an accelerant for successful transformation.”
Notes to Editors: 
About the Survey
In March 2024, PwC surveyed 56,600 individuals across 50 countries and territories who are in work or active in the labour market. The sample was designed to reflect a range of industries, demographic characteristics and working patterns. You can read the full report on pwc.com.
About PwC
© 2024 PwC. All rights reserved. PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Please see www.pwc.com/structure for further details.
Contact:  Imran Javaid, Global Corporate Affairs and Communications, PwC UK: [email protected] Dan Barabas, Global Corporate Affairs and Communications, PwC UK: [email protected]
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