Sep 12, 2023

Strategic Development On 20 April 2023, Habu, the Global Innovator in Data Clean Room Software, announced a partnership with Google Cloud to integrate Habu's Data Clean Room applications natively on Google Cloud's BigQuery to scale data collaboration for businesses while maintaining the highest level of data privacy and governance. Habu's Data Clean Room software was intended to make data collaboration safe and simple, allowing businesses to increase the velocity and value of data-driven initiatives by enabling them to work within and across distributed data environments to glean insights and execute advanced data science use cases with minimal resources. Direct Order Can Be Placed Through This Link [Exclusive Copy] @ https://www.emergenresearch.com/select-license/2281 Some Key Highlights From the Report The service orchestration platform segment accounted for largest revenue share in 2022. Service orchestration platform is further segmented into cloud-based and on-premises and among them, cloud-based sub-segment is expected to register a robust CAGR during the forecast period. Cloud orchestration lowers total costs while expediting service delivery, automates management and coordination of complex hybrid settings, eliminates provisioning errors, and enables self-service service provisioning without IT intervention which is driving revenue growth of this segment. Cloud orchestration also aids in the prevention of VM sprawl by improving visibility into resource utilization across clouds. The large enterprise segment accounted for a significantly large revenue share in 2022. Large organizations use a variety of cloud services and suppliers. Service orchestration aids in effective management of these services, assuring seamless integration, and optimizing resource utilization across various cloud platforms which in turn is driving revenue growth of this segment. Service orchestration automates incident management, problem resolution, change management, and other IT operations, resulting in improved service delivery and lower operational costs which is also driving revenue growth of this segment. The Banking, Financial Services, and Insurance (BFSI) segment accounted for a significantly large revenue share in 2022. Rising demand for service orchestration automates repetitive and manual processes since it enables BFSI sector to streamline their workflows and reduce operational costs which is driving revenue growth of this segment. Automated processes lead to faster service delivery and improved customer experiences. People working from home and wanting to transact on their bank's portal via their phone or laptop have mostly fuelled the shift to digital and mobile banking. Artificial Intelligence (AI)-powered chat and speech bots are assisting banks in providing customer assistance across many digital touchpoints, particularly mobile banking, without the need for a branch visit or contact center agents which is also driving revenue growth of this segment. Market in Asia Pacific accounted for a significantly large revenue share in 2022. Rising demand for service orchestration in various sectors such as BFSI, government, and healthcare among others is a major factor driving revenue growth of the market in this region. Increasing adoption of IoT devices and solutions and rising demand for enhanced customer experience are other factors driving the market revenue growth in this region. Moreover, growing strategic initiatives taken by the companies is also contributing to the market revenue growth of the region. Browse Full Report Description + Research Methodology + Table of Content + Infographics@ https://www.emergenresearch.com/industry-report/service-orchestration-market For the purpose of this report, Emergen Research has segmented the global service orchestration market on the basis of solution, enterprise size, industry, and region: Solution Outlook (Revenue, USD Billion; 2019–2032) Service Orchestration Platform Curated Reports You Shouldn't Miss: Dive In Now! 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