Overview and Scope
Cloud based workload scheduling software refers to a type of software solution designed to automate the scheduling, orchestration, and administration of computing activities, jobs, or workloads in cloud computing environments. It is used to help enterprises maximize workload management, augment operational efficiency, boost resource utilization, and foster business agility.
Sizing and Forecast
The cloud based workload scheduling software market size has grown rapidly in recent years. It will grow from $1.63 billion in 2023 to $1.83 billion in 2024 at a compound annual growth rate (CAGR) of 12.5%. The growth in the historic period can be attributed to the rise of cloud computing, scalability demands, and complexity of workload management.
The cloud based workload scheduling software market size is expected to see rapid growth in the next few years. It will grow to $2.98 billion in 2028 at a compound annual growth rate (CAGR) of 13.0%. The growth in the forecast period can be attributed to edge computing integration, AI and machine learning integration, hybrid and multi-cloud adoption, data sovereignty and compliance, and industry-specific Solutions. Major trends in the forecast period include containerization and kubernetes orchestration, integration with infrastructure as code, and autonomous workload management systems.
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Segmentation & Regional Insights
The cloud based workload scheduling software market covered in this report is segmented –
1) By Type: Private Cloud, Public Cloud, Hybrid
2) By Pricing Model: Subscription-Based, Pay-As-You-Go
3) By Organization Size: Small And Medium Enterprises, Large Enterprises
4) By Application: Corporate Organizations, Government Institutions, Other Applications
North America was the largest region in the cloud based workload scheduling software market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cloud based workload scheduling software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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Major Driver Impacting Market Growth
The increasing adoption of cloud computing will propel the growth of cloud-based workload scheduling software going forward. Cloud computing refers to the delivery of computing services over the Internet, providing access to servers, storage, databases, networking, software, and other resources. The increasing adoption of cloud computing is driven by its cost efficiency, scalability, accessibility, security, and environmental benefits. Cloud computing utilizes cloud-based workload scheduling software to efficiently allocate and manage computing resources, optimizing workload distribution and execution across the cloud infrastructure. For instance, in December 2023, according to the European Union (EU), a Belgium-based governing body, the adoption of cloud-based solutions in 2023 in the European Union increased by 4.2%, with 45.2% of enterprises purchasing cloud computing services, indicating a significant surge compared to 2021. Therefore, there is an increasing adoption of cloud computing, which is driving the growth of the cloud-based workload scheduling software market.
Key Industry Players
Major companies operating in the cloud based workload scheduling software market are Microsoft Corporation, Dell Technologies, Amazon Web Services, International Business Machines Corporation, Cisco Systems Inc., Broadcom Inc., Vmware Inc., Chef Software Inc., Splunk Inc., BMC Software Inc, Datadog Inc., ManageEngine (Zoho Corporation Pvt. Ltd.), Citrix Systems Inc., New Relic Inc., HelpSystems LLC, HashiCorp Terraform, PagerDuty Inc., Turbonomic Inc., Puppet Inc., OpsRamp Inc., Stonebranch Inc., SaltStack Inc., Adaptive Computing Inc. , Redwood Software
The cloud based workload scheduling software market report table of contents includes:
1. Executive Summary
- Market Characteristics
- Market Trends And Strategies
- Impact Of COVID-19
- Market Size And Growth
- Segmentation
- Regional And Country Analysis
…….
- Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions
- Future Outlook and Potential Analysis
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