The market for Cloud Workflow is forecast to reach $5.3 billion by 2025, growing at a CAGR of 18.2% from 2020 to 2025.
The market for Cloud Workflow is forecast to reach $5.3 billion by 2025, growing at a CAGR of 18.2% from 2020 to 2025. The increasing adoption of cloud-based workflow among SMEs, increasing cloud adoption, and a rising emphasis on streamlining workflow and business processes are expected to foster growth in the cloud workflow market. According to Cisco, Cloud data centers will connect 94% of workloads in 2021, whereas Forbes says, 83% of business workloads will be in the cloud by 2020. The growing use of Artificial Intelligence (AI) provides new market opportunities and it is expected that rising emphasis on digital transformation initiatives will provide growth opportunities for cloud workflow vendors.
