The Workload scheduling and automation market are vast, with a large number of global and local players. The key leaders follow various strategies to strengthen their market position, such as increasing product portfolio, expansions, mergers, acquisitions, and product innovations to enlarge their market share at the global level. For example, In July 2019, HCL Technologies Ltd. acquired some of IBM Corp.'s products related to security, marketing, commerce, and digital solutions. Together with the acquisition, the company also set up the HCL software division to manage an enterprise software product business that proposes some popular products, such as Informix 14.10, Workload Automation 9.5, Informix 14.10, and Domino 10. The important players included in the report are IBM Corporation; VMware, Inc.; Cisco Systems Inc., HCL Technologies Limited, Hitachi Vantara Corporation.
Cloud Segment Dominates the Market by Deployment
By deployment, the report is categorized into cloud-based, and on-premise. The cloud segment dominates the deployment segment in 2019 with a maximum market share of 55%. It is due to the growing demand for cloud-based workload scheduling and automation solutions to ease workload processing and accommodate various other applications across the cloud environment. Moreover, the cloud-based solution incorporates, checks, and operates workload and helps the organization tackle problems that can arise in the future and manage assets, thus contributing to the cloud-based WLA segment growth in the forecast period.
Large Enterprise Segment Accounts for Major Share
By enterprise size, the report is categorized into Large Enterprise and Small & Medium Enterprise. The large enterprise segment is accounted for the largest share of 53% in 2019. It is due to the growing deployment of workload scheduling and automation solutions to consolidate the execution, improve IT operational efficiency, and augment IT productivity. Moreover, the availability of free, open-source, and customizable WLA cloud solutions contributes to the deployment of WLA solutions at large enterprise segments in the forecast period.
Rising Adoption of WLA Solutions by Retailers
By end-user, the report is categorized into BFSI, IT & Telecommunication, retail, healthcare, government & public sector, manufacturing, and others.
The retail segment is accounted for the largest share of 25% in 2019. It is due to the rising WLA solutions adoption by retailers for in-house operations, such as inventory and logistics management. Moreover, the growing need to manage various services such as online payments, digital wallets, payment gateways, and outstanding customer experience requires complex, automated workflow structures, thus encouraging more demand for WLA solutions in the retail industry globally.
North America Rules the Market Due to Early Adoption
In the regional outlook of the global workload scheduling and automation market, the North America region dominates with a maximum market share of 40% in 2019. It is due to the early adoption of workload scheduling and automation solutions by enterprises in the region coupled with the presence of several vendors, such as Oracle Corporation, Cisco Systems, and IBM Corporation, offering several innovative IT workload automation solutions in the region. Moreover, the rising IT infrastructure due to the increasing preference for cloud-based and entirely-automated operations contributes to the workload scheduling and automation market's growth across North America.
Global Workload Scheduling and Automation Market Overview
The key driver impacting the workload scheduling and automation market is the growing demand for cloud computing, enterprise mobility, big data analytics, DevOps, and micro-services architecture is boosting demand for workload scheduling and automation in the forecast period. For instance, As per the Bsa Global Cloud Computing Scorecard report, it is estimated that more than half of enterprises adopted cloud computing at the global level in 2018. During the 2012 and 2015 time period, the demand for cloud computing recorded 70 percent is estimated to stand for 60 percent of growth during 2020.
According to Value Market Research, the global workload scheduling and automation market was valued at around USD 2.22 billion in 2019 and is estimated to grow at a CAGR of about 6.5% during the forecast period of 2020-2026.
The continued integration of the latest technologies, such as artificial intelligence and machine learning, with workload automation solutions is also estimated to be a significant determinant that adds growth to the market. In addition to this, the rapidly growing generation of large volumes of data due to increasing internet penetration is also predictable to enhance market demand in the forecast period. For instance, As per the world bank, around 44 people per 100 people in 2015 are using the internet across the world which is 37 in 2013. Globally the number of internet users augmented from 413 million in 2000 to over 3.4 billion in 2016. The one billion obstacles were crossed in 2005 as per the world in the data report.
However, the lack of stable internal workload processes across many companies in developing nations can be a challenge for the global workload scheduling and automation industry. The current industry trend, such as the emergence of the IT systems landscape across several sectors with the rising need for upscaling workload scheduling and automation capabilities, is expected to provide beneficial market opportunities for the key players in the forecast years.
Global Workload Scheduling and Automation Market Share by Region (Representative Graph)
In this research report, the workload scheduling and automation market is segmented by deployment, enterprise size, end-use, and region.
By Deployment
By Enterprise Size
- Large Enterprise
- Small & Medium Enterprise
By End-use
- BFSI
- IT & Telecommunication
- Retail
- Healthcare
- Government & Public Sector
- Manufacturing
- Others
By Region
- North America
- Europe
- the Asia Pacific
- Latin America
- The Middle East and Africa
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