The global cloud-based workload scheduling software market size was USD 1.40 Billion in 2022 and is likely to reach USD 3.21 Billion by 2031, expanding at a CAGR of 9.67% during 2023–2031. The market growth is attributed to the cloud transformation strategies adopted by various public and private institutions to improve employee productivity and quality.
Unlocking human potential is an integral part of business practice. Organizations deploy various systems and methods to encourage employees to bring value addition to an organization. Cloud-based workload scheduling software evaluates and automates the work processes through the cloud framework to maximize productivity and drive value in the workforce ecosystem.
By scheduling the workload, organizations can enhance the operational scale and efficiency of the workforce in an organized manner through cloud services. The cloud-based workload scheduling software ensures that the team metrics are aligned with the project requirements and provides fractionalized assignments to the workforce.
Organizations are migrating from on-premise to cloud infrastructure for improving business resilience and agility by managing workflows with the help of data and insight-rich decision-making. Workforce management practices can be enhanced with the help of cloud-based workload scheduling software by availing a consolidated view of on-roll and outsourced workforce and managing the workflows accordingly.
The COVID-19 pandemic affected the market due to lockdowns and subsequent slowdown in economic activities. All the offices were closed down to curb the spread of coronavirus.
Cloud-based Workload Scheduling Software Market Dynamics
Drivers
Growing adoption of cloud services to accelerate business value by optimizing employee workflows is expected to drive the market. The Cloud-based workload scheduling software helps organizations to automate manual tasks involved in workload scheduling to improve employee outcomes through cloud collaboration.
Restraints
Various cloud networks are integrated to provide seamless operations of data exchange through cloud enterprise management. A regulatory framework to integrate different data networks for the purpose of enhancing data efficiency, regulating multi cloud management, and reducing complexity is likely to hinder the market.
Opportunities
Cloud transformation of organizations to deliver resilient and reliable operations is likely to create significant opportunities in the market. Cloud transformations help organizations to innovate and realize the full potential of the workforce.
Scope of the Cloud-based Workload Scheduling Software Market Report
The market report includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes
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Details
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Report Title
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Cloud-based Workload Scheduling Software Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Type (Public, Private, and Hybrid), Organization Size (Small & Medium-sized Enterprises and Large Enterprises), and End-user (Government Institutions, Corporate Organizations, and Others)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast
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Key Players Covered in the Report
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Cisco Systems, Inc.; Amazon Web Services, Inc.; International Business Machine (IBM) Corporation; Hewlett Packard Enterprise Development LP; Oracle; Microsoft; Google LLC; Dell Inc.; RACKSPACE TECHNOLOGY, and Alibaba Cloud
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Cloud-based Workload Scheduling Software Market Segment Insights
Based on type, the cloud-based workload scheduling software systems market is divided into public, private, and hybrid. The public segment is expected to expand at a significant growth rate during the projection period owing to the growing need for handling huge silos of employee data in public organizations. Public software systems help in assessing the data of employees and optimize the working schedules to improve productivity.
On the basis of size, the global market is segregated into small & medium-sized enterprises and large enterprises. The large enterprises segment is projected to register a considerable CAGR during the forecast period due to the rising need for managing the workflows of the employees in large enterprises to enhance efficiency and drive business value. Large enterprises adopt cloud migration to increase enterprise value by unlocking the potential of the employees by streamlining the workflows.
Based on end-user, the cloud-based workload scheduling software market is segmented into government institutions, corporate organizations, and others. The corporate organizations segment is expected to expand at a robust pace during the forecast period owing to the rising need for scaling agile and efficient human resource management systems and the subsequent acceleration of digital transformation. Large enterprises rely on data analytics for cost optimization, enhancing agility, and increasing efficiency in business processes. Cloud-based workload scheduling software help in optimizing the workflow and by extension associated labor costs.
In terms of region, the global cloud-based workload scheduling software market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to dominate the market during the projection period owing to supportive government policies and infrastructure in the region. Cloud technologies help organizations realize full potential value by organizing employee workflow efficiently.
Segments
The cloud-based workload scheduling software market has been segmented on the basis of
Type
Size
- Small & Medium-sized Enterprises
- Large Enterprises
End-user
- Government Institutions
- Corporate Organizations
- Others
Region
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
Competitive Landscape
Key players competing in the global cloud-based workload scheduling software market are Cisco Systems, Inc.; Amazon Web Services, Inc.; International Business Machine (IBM) Corporation; Hewlett Packard Enterprise Development LP; Oracle; Microsoft; Google LLC; Dell Inc.; RACKSPACE TECHNOLOGY, and Alibaba Cloud
These companies adopted development strategies including mergers, acquisitions, partnerships, collaboration, product launches, and production expansion to expand their consumer base worldwide. For instance,
- In March 2023, Hewlett Packard Enterprise Development LP announced that it has acquired OpsRamp, to enhance its services portfolio by offering integrated multi-vendor cloud platforms. The alliance is aimed at delivering comprehensive cloud operation management solutions to reduce the operational complexity of multi-vendor and multi-cloud IT environments.
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