Find stats on top websites

Industry Landscape

The distributed systems software industry is experiencing robust growth driven by the pervasive adoption of cloud-native architectures, microservices, and the increasing need for fault-tolerant and scalable applications. Companies are prioritizing reliability, developer velocity, and operational efficiency, leading to high demand for specialized orchestration and execution platforms. AI/ML and financial services are key growth drivers, pushing the boundaries of system complexity and reliability.

Industries:
Workflow OrchestrationDurable ExecutionFault ToleranceMicroservicesCloud Computing

Total Assets Under Management (AUM)

Global Distributed Transaction Processing Market Size in United States

~$100-150 Billion (Estimated segment of the broader Distributed Systems market)

(15-20% CAGR)

- Cloud adoption fuels growth.

- Demand for reliable systems increases.

- AI/ML workflows drive innovation.

Total Addressable Market

30-50 Billion USD

Market Growth Stage

Low
Medium
High

Pace of Market Growth

Accelerating
Deaccelerating

Emerging Technologies

Generative AI Integration

Integration of Generative AI will enable intelligent automation of workflow creation, error resolution, and predictive maintenance in distributed systems.

Edge Computing Orchestration

As distributed systems extend to the edge, orchestration technologies will evolve to manage workflows across geographically dispersed and resource-constrained environments.

Web3/Blockchain for Distributed Ledgers

Blockchain technology will provide a new paradigm for building highly resilient, auditable, and decentralized durable execution platforms for critical workflows.

Impactful Policy Frameworks

NIST AI Risk Management Framework (AI RMF) 1.0 (2023)

The National Institute of Standards and Technology (NIST) published the AI Risk Management Framework to help organizations manage risks associated with AI, including reliability, explainability, and bias.

This framework will drive the need for more auditable, explainable, and fault-tolerant AI/ML workflows, aligning with Temporal's durable execution capabilities for AI applications.

Executive Order on the Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence (2023)

President Biden's Executive Order establishes new standards for AI safety and security, protects privacy, promotes equity, and drives innovation and competition.

The order increases scrutiny on AI system reliability and security, creating a demand for platforms like Temporal that ensure robust and verifiable execution of AI-driven processes.

SEC Cybersecurity Rule for Investment Advisers (2024)

The SEC adopted new rules requiring registered investment advisers to adopt and implement written cybersecurity policies and procedures, including incident response plans.

This rule mandates enhanced cybersecurity and resilience for financial services, increasing the need for fault-tolerant and auditable distributed transaction processing systems that Temporal provides.

Transform Your Ideas into Action in Minutes with WaxWing

Sign up now and unleash the power of AI for your business growth