Workload Automation Market - Forecast(2024 - 2030)

Report Code: AIR 0519 Report Format: PDF + Excel

Workload Automation Market Overview:

Workload Automation Market size is estimated to reach $5 billion by 2030, growing at a CAGR of 7.5% during the forecast period 2023-2030. The increasing emphasis on compliance and the growing adoption of cloud computing are propelling the Workload Automation Market growth.

Additionally, the rising adoption of cloud computing is fuelling the need for workload automation to manage and optimize workloads across hybrid and multi-cloud environments, which creates substantial growth opportunities for the Workload Automation Market. These factors positively influence the Workload Automation industry outlook during the forecast period.

Market Snapshot:

--

Workload Automation Market - Report Coverage:

The “Workload Automation Market Report - Forecast (2023-2030)” by IndustryARC, covers an in-depth analysis of the following segments in the Workload Automation Market.

Attribute

Segment

By Deployment Type 

 

  • Cloud Based

  • On-Premises

By Organization Size

  • Small and Medium-Sized Enterprises (SMEs)

  • Large Enterprises

By Component

  • Solution

  • Services

By Functionality

  • Data Migration

  • Task Automation

  • Disaster Recovery

  • Job Scheduling Task

  • Workload Monitoring

  • Others

By End-User 

  • BFSI

  • Manufacturing and Retail

  • Hospitals and Healthcare Facilities

  • IT and Telecommunication

  • Government and Public Sector

  •  Others

By Geography

  • North America (U.S., Canada and Mexico)

  • Europe (Germany, France, UK, Italy, Spain, Russia and Rest of Europe),

  • Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand and Rest of Asia-Pacific),

  • South America (Brazil, Argentina, Chile, Colombia and Rest of South America)

  • Rest of the World (Middle East and Africa).


COVID-19 / Ukraine Crisis - Impact Analysis: 

● The COVID-19 pandemic had a significant impact on the workload automation market. The pandemic forced organizations to adapt to remote work, which strained IT resources. This led to an increased demand for workload automation solutions that could automate tasks and improve efficiency. The pandemic-induced shift to remote work highlighted the importance of managing IT resources effectively and ensuring the security of remote workers. As a result, workload automation was adopted more widely. Additionally, organizations placed a greater emphasis on automation, leading to a heightened demand for workload automation solutions that could reduce human intervention in various tasks.

● The conflict between Russia and Ukraine caused supply chain disruptions, heightened security concerns, and an increased focus on operational efficiency. Organizations faced challenges in acquiring new software, including workload automation solutions, and sought cloud-based alternatives. Security features such as data encryption and role-based access control became essential requirements. The crisis also highlighted the importance of automating tasks without human intervention, leading to a growing demand for workload automation solutions.

Key Takeaways:

●Fastest Growth Asia-Pacific Region

Geographically, in the global Workload Automation Market share, Asia Pacific is analysed to grow with the highest CAGR of 8.1% during the forecast period 2023-2030. The Asia-Pacific region is witnessing rapid economic growth, leading to increased investments in IT infrastructure and software. This growth is driving the demand for workload automation solutions that enhance efficiency and productivity. Cloud computing adoption is also on the rise in the region, and workload automation solutions enable organizations to leverage its benefits seamlessly.

●Cloud Based Register the Fastest Growth
In the Workload Automation Market analysis, the Cloud-Based segment is estimated to grow with the highest CAGR of 8.3% during the forecast period. Cloud-based workload automation solutions offer scalability, allowing organizations to adjust resources based on fluctuating workloads. They provide flexibility by enabling access from any place and accommodating organizations with remote employees. Compared to on-premises alternatives, cloud-based solutions are typically more cost-effective as they eliminate the need for hardware and software purchases and maintenance. Security is ensured as cloud-based solutions are hosted in secure data centers, safeguarding against unauthorized access. 
 
●Services is Leading the Market
According to the Workload Automation Market forecast, the Services segment held the largest market share of 65% in 2022 owing to its scalability, flexibility, and cost-effectiveness. Service providers' expertise in workload automation enables effective implementation and management. Workload automation services often involve customization to meet the specific needs of different organizations. Service providers offer tailored solutions that integrate seamlessly with existing systems, addressing the unique requirements of each client. In addition to these, specialized expertise, customization capabilities, ongoing support, and risk mitigation are offered by service providers, addressing the complex and evolving needs of organizations in their automation journey are the factors that drive the services market in the workload automation market.

●The Surging Demand for Compliance-Related Tasks 
Workload automation enables the automation of compliance-related tasks like data entry, reporting, and auditing, allowing organizations to meet requirements efficiently. With regulators scrutinizing compliance violations more closely, workload automation helps reduce the risk of non-compliance and costly fines. Moreover, customer demands for transparency and accountability have led to the adoption of self-service portals and tools. Workload automation streamlines the process of providing customer data and reports, improving satisfaction and loyalty. 

●The Escalating Trend of Cloud-based Solutions Adoption 
Cloud-based solutions simplify the deployment and management of workload automation for organizations. By hosting the solutions in the cloud, there is no need for on-premises installation, saving time and costs. Cloud computing offers enhanced flexibility and scalability, allowing workload automation to adapt to changing demand or supply, resulting in improved efficiency and cost savings. Additionally, the cloud provides heightened security through secure data centers, ensuring compliance with regulations and safeguarding organizational data.

●High Costs Hamper the Market Growth
Cost is a significant challenge hindering the growth of the workload automation market. The high expenses associated with workload automation solutions can be a barrier, particularly for small and medium-sized businesses (SMBs). The high cost of these solutions, including expensive software licenses, specialized hardware requirements such as servers and storage, and the complexities of implementation and maintenance. These cost considerations make it difficult for organizations to adopt workload automation, limiting market growth.

Workload Automation Market Share (%) By Region, 2022

Key Market Players:-

Product/Service launches, approvals, patents and events, acquisitions, partnerships and collaborations are key strategies adopted by players in the Workload Automation Market. The top 10 companies in this industry are listed below:
1. Microsoft Corporation (Microsoft System Center Orchestrator, Microsoft Azure Automation)
2. IBM Technology corporation (IBM Z Workload Scheduler)
3. CA Technologies, Inc. (Automic Application Orchestration, Automic IT Automation)
4. BMC Software, Inc. (Control-M )
5. Oracle Corporation (Oracle Enterprise Manager Automation)
6. SAP SE (SAP Process Orchestration, SAP Solution Manager)
7. Micro Focus International plc (Vantage Automation)
8. Dell Inc. (Dell Automation Suite, Dell Boomi)
9. The Hewlett Packard Enterprise Company (HPE Automation Engine, HPE UFT One)
10. ServiceNow (IT Operations Management, Business Process Automation)

Scope of the Report:

Report Metric

Details

Base Year Considered

2022

Forecast Period

2023–2030

CAGR

7.5%

Market Size in 2030

$5 billion

Segments Covered

Deployment Type, Organization Size, Component, Functionality, End-User and Region

Geographies Covered

North America (U.S., Canada and Mexico), Europe (Germany, France, UK, Italy, Spain, Russia and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia, New Zealand and Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South America), Rest of the World (Middle East and Africa).

Key Market Players

  1. Microsoft Corporation

  2. IBM Technology corporation

  3. CA Technologies, Inc.

  4. BMC Software, Inc.

  5. Oracle Corporation

  6. SAP SE

  7. Micro Focus International plc

  8. Dell Inc.

  9. The Hewlett Packard Enterprise Company

  10. ServiceNow


For more Automation and Instrumentation Market reports, please click here

1.Workload Automation Market - Overview 
  1.1.Definitions and Scope 
2.Workload Automation Market - Executive Summary 
3.Workload Automation Market - Comparative Analysis 
  3.1.Company Benchmarking - Key Companies 
  3.2.Global Financial Analysis - Key Companies 
  3.3.Market Share Analysis - Key Companies 
  3.4.Patent Analysis 
  3.5.Pricing Analysis 
4.Workload Automation Market - Start-up Companies Scenario (Premium) 
  4.1.Key Start-up Company Analysis by 
    4.1.1.Investment 
    4.1.2.Revenue 
    4.1.3.Venture Capital and Funding Scenario 
5.Workload Automation Market – Market Entry Scenario Premium (Premium) 
  5.1.Regulatory Framework Overview 
  5.2.New Business and Ease of Doing Business Index 
  5.3.Case Studies of Successful Ventures 
6.Workload Automation Market - Forces 
  6.1.Market Drivers 
  6.2.Market Constraints 
  6.3.Market Challenges 
  6.4.Porter's Five Force Model 
    6.4.1.Bargaining Power of Suppliers 
    6.4.2.Bargaining Powers of Customers 
    6.4.3.Threat of New Entrants 
    6.4.4.Rivalry Among Existing Players 
    6.4.5.Threat of Substitutes 
7.Workload Automation Market – Strategic Analysis 
  7.1.Value Chain Analysis 
  7.2.Opportunities Analysis 
  7.3.Market Life Cycle 
8.Workload Automation Market – by Deployment Type (Market Size – $Million/$Billion)  
  8.1.Cloud Based 
  8.2.On-Premises 
9.Workload Automation Market – by Organization Size (Market Size – $Million/$Billion) 
  9.1. Small and Medium-Sized Enterprises (SMEs) 
  9.2. Large Enterprises 
10.Workload Automation Market – by Component (Market Size – $Million/$Billion) 
  10.1 Solution  
  10.2. Services 
11.Workload Automation Market – by Functionality (Market Size – $Million/$Billion) 
  11.1. Data Migration 
  11.2. Task Automation 
  11.3. Disaster Recovery 
  11.4. Job Scheduling Task 
  11.5. Workload Monitoring 
  11.6. Others 
12.Workload Automation Market – by End-User (Market Size – $Million/$Billion) 
  12.1. BFSI 
  12.2. Manufacturing and Retail 
  12.3. Hospitals and Healthcare Facilities 
  12.4. IT and Telecommunication 
  12.5. Government and Public Sector  
  12.6. Others      
13.Workload Automation Market – by Geography (Market Size – $Million/$Billion)  
  13.1.North America 
    13.1.1.The U.S. 
    13.1.2.Canada 
    13.1.3.Mexico 
  13.2.Europe 
    13.2.1.UK 
    13.2.2.Germany 
    13.2.3.France 
    13.2.4.Italy 
    13.2.5.Spain 
    13.2.6.Russia 
    13.2.7.Rest of Europe 
  13.3.Asia-Pacific 
    13.3.1.China 
    13.3.2.India 
    13.3.3.Japan 
    13.3.4.South Korea 
    13.3.5.Australia & New Zealand 
    13.3.6.Rest of Asia-Pacific 
  13.4.South America 
    13.4.1.Brazil 
    13.4.2.Argentina 
    13.4.3.Chile 
    13.4.4.Colombia 
    13.4.5.Rest of South America 
  13.5.Rest of the World 
    13.5.1.Middle East 
    13.5.2.Africa 
14.Workload Automation Market – Entropy 
15.Workload Automation Market – Industry/Segment Competition Landscape Premium  
  15.1.Market Share Analysis 
    15.1.1.Market Share by Deployment Type – Key Companies 
    15.1.2.Market Share by Region – Key Companies 
    15.1.3.Market Share by Country – Key Companies 
  15.2.Competition Matrix 
  15.3.Best Practices for Companies 
16.Workload Automation Market – Key Company List by Country Premium Premium  
17.Workload Automation Market - Company Analysis 
  17.1. Microsoft Corporation 
  17.2. IBM Technology corporation 
  17.3. CA Technologies, Inc. 
  17.4. BMC Software, Inc. 
  17.5. Oracle Corporation  
  17.6. SAP SE 
  17.7. Micro Focus International plc  
  17.8. Dell Inc 
  17.9.The Hewlett Packard Enterprise Company 
  17.10.ServiceNow 
  
●"Financials to the Private Companies would be provided on best-effort basis." 
Connect with our experts to get customized reports that best suit your requirements. Our reports 
include global-level data, niche markets and competitive landscape. 

The Workload Automation Market is projected to grow at 7.5% CAGR during the forecast period 2023-2030.

The Global Workload Automation Market size is estimated to be $2 billion in 2023 and is projected to reach $5 billion by 2030.

The leading players in the Workload Automation Market are Microsoft Corporation, IBM Technology corporation, CA Technologies, Inc., BMC Software, Inc., Oracle Corporation and others.

The high demand for agility and flexibility, the escalating trend of microservices adoption, and the industry that will create growth opportunities for the market during the forecast period.

manage and optimize workloads across hybrid and multi-cloud environments, which creates substantial growth opportunities for the Workload Automation Market.