Workload Scheduling and Automation Global Market Report 2024

The workload scheduling and automation market size has grown rapidly in recent years. It will grow from $2.97 billion in 2023 to $3.28 billion in 2024 at a compound annual growth rate (CAGR) of 10.5%. The growth observed in the historic period can be attributed to various factors, including digital transformation initiatives, the increasing complexity of IT environments, a focus on cost optimization measures, the necessity for business continuity and disaster recovery solutions, and the rising volume of data along with the demand for real-time analytics capabilities.

The workload scheduling and automation market size is expected to see rapid growth in the next few years. It will grow to $4.94 billion in 2028 at a compound annual growth rate (CAGR) of 10.8%. The projected growth in the forecast period can be attributed to several factors, including an increased focus on security and compliance, the management of remote workforces, the growing complexity of business processes, the rising importance of DevOps practices, and a heightened emphasis on customer experience and scalability. Major trends expected in this period encompass rapid technological advancements, the increasing adoption of cloud computing solutions, integration of AI and machine learning technologies, cloud-native workload automation, hyper automation, and event-driven automation strategies.

The burgeoning demand for cloud computing is poised to drive the expansion of the workload scheduling and automation market in the coming years. Cloud computing revolutionizes the delivery of computing services by providing resources such as storage, processing power, and software over the Internet on a pay-as-you-go basis, offering scalability, flexibility, and cost-efficiency to users. Within workload scheduling and automation, cloud computing enables the deployment of scalable infrastructure and software resources over the Internet, facilitating efficient management of tasks, data processing, and system maintenance. For example, Eurostat reported in 2023 that 42.5% of businesses in the EU (European Union) availed themselves of cloud computing services, primarily for office software, file storage, and email, marking a 4.2 percentage point increase compared to 2021. This underscores the pivotal role of cloud computing in propelling the growth of the workload scheduling and automation market.

Leading companies in the workload scheduling and automation market are dedicated to developing innovative solutions, such as self-healing workflow automation platforms, to gain a competitive advantage. A self-healing workflow automation platform is a software solution engineered to autonomously detect, diagnose, and resolve issues or failures within workflows or processes without human intervention. For instance, in January 2021, Advanced Systems Concepts Inc. (ASCI) unveiled ActiveBatch, the industry's first intelligent, self-healing workflow automation platform designed to streamline workload automation. ActiveBatch offers preemptive mistake detection and proactive troubleshooting, empowering enterprises to reduce support tickets to zero. These enhanced capabilities complement ActiveBatch's existing features, simplifying workload automation and extending system lifespan for businesses across all stages of digital transformation.

In January 2023, Redwood Software bolstered its automation suite by acquiring Tidal Software, a provider of enterprise workload automation solutions, for an undisclosed sum. This strategic acquisition augments Redwood's comprehensive automation solutions portfolio, which includes RunMyJobs, ActiveBatch, and JSCAPE. Tidal Software specializes in orchestrating the execution of complex workflows across systems, applications, and IT environments, adding depth and breadth to Redwood's automation offerings and reinforcing its position in the workload scheduling and automation market.

Major companies operating in the workload scheduling and automation market are Foxconn Technology Group, Dell Technologies Inc., Bosch Group, Siemens AG, Hitachi Ltd., Lenovo Group Limited, General Electric Company, Intel Corporation, International Business Machines Corporation, Caterpillar Inc., Deere & Company, Mitsubishi Electric Corporation, Schneider Electric SE, Honeywell International Inc., 3M Company, ABB Ltd., Hewlett-Packard Enterprise Company, Danaher Corporation, Johnson Controls International plc, Emerson Electric Co., Rockwell Automation Inc., Fanuc Corporation.

North America was the largest region in the workload scheduling and automation market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the workload scheduling and automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the workload scheduling and automation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Workload scheduling and automation encompass the efficient distribution and management of tasks, processes, or jobs across computing resources such as servers, networks, and cloud environments through automated tools and systems. Its objective is to simplify and optimize task execution, enhance resource utilization, improve system reliability, and reduce manual intervention in routine processes.

This technology can be deployed either on-premise or in the cloud. On-premise solutions involve the deployment of software or tools within the organization's infrastructure to handle tasks such as job scheduling, data processing, and system maintenance. These solutions cater to a wide array of industries, including banking, financial services, and insurance (BFSI), information technology (IT) and telecommunications, retail, healthcare, government and public sector, manufacturing, among others, serving both large enterprises and small and medium enterprises.

The workload scheduling and automation market research report is one of a series of new reports that provides workload scheduling and automation market statistics, including workload scheduling and automation industry global market size, regional shares, competitors with a workload scheduling and automation market share, detailed workload scheduling and automation market segments, market trends and opportunities, and any further data you may need to thrive in the workload scheduling and automation industry. This workload scheduling and automation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The workload scheduling and automation market includes revenues earned by entities by providing services such as task scheduling, dependency management, cloud orchestration, disaster recovery, and backup. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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