Global Integration Platform as a Service Market is valued USD XXX billion in 2016 is anticipated to grow USD XXX billion with the compounded annual growth of XX% over the forecast period 2018-2025.
New York 19 Aug 2018, The Integration Platform as a Service market has been segmented based on service type, deployment model, organization size, vertical, and region. The application integration service segment is expected to grow at the highest CAGR during the forecast period, while the cloud service orchestration segment is projected to have the largest market size in 2016 in the iPaaS market. The iPaaS services offer capabilities such as Application Programming Interface (API) management, data integration, and real-time monitoring & integration that offer enterprises simplicity, visibility and business agility. The adoption of iPaaS services among the enterprises increased due to benefits such as improved scalability, lower infrastructure cost, faster deployments, improved productivity & performance, better control of critical applications, and decreased business downtime and losses.
The high cost, lengthy delivery times and heavy complexity in infrastructure building for Integration through traditional on-premises approaches contradict the concept of lean approaches and management. The rapid innovation capabilities in the market, and the need for lean and quicker Integrated platform have resulted in rising inclination towards Exponential growth in the user subscription over the last few of years has impelled many key players in the information technology and cloud computing industry to venture and invest in this industry.
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Global Integration Platform as a Service Market Size study, by Service Type by Deployment Model (Public Cloud, Private Cloud, Hybrid Cloud), by Organization Size (SMEs, Large Scale), by Vertical (Government & Public, IT & Telecom, Manufacturing, Others) and by Regional Forecasts 2018-2025
The industry is seeming to be fairly competitive. Some of the leading market players . Some of the leading market players include Informatica Corporation, Mulesoft, Inc., Snaplogic,Inc., Celigo, Inc, IBM Corporation., Oracle Corporation, Jitterbit, Inc, Dbsync, Flowgear, Dell Boomi.inc and so on. The fierce competitiveness has made these players spend in product developments to improve the customer’s requirements.
Key findings of the study:
- The media and entertainment vertical is expected to grow at the highest CAGR during the forecast period.
- North America is expected to have the largest market share in 2017, whereas the Asia-Pacific (APAC) region is expected to grow at the highest CAGR during the forecast period in the Integration Platform as a Service market
Bizwit Research & Consulting LLP has considered following segments for the study:
By Service Type:
- Cloud Service Orchestration
- Data Transformation
- Application Programming Interface Management
- Data Integration
- Real-Time Monitoring and Integration
- Business-To-Business and Cloud Integration
- Application Integration
- Training and Consulting
Support and Maintenance
By Deployment Mode:
- Private Cloud
- Public Cloud
- Hybrid Cloud
By Organization Size:
- Large Enterprise
- Banking, Financial Services, and Insurance
- Consumer Goods and Retail
- Government & Public sector
- Healthcare & Life Science
- Media & Entertainment
- Telecommunication & IT
- North America
- Asia Pacific
- Latin America
- Rest of the World