What is Enterprise Integration Platform as a Service Market?
With increase in demand for faster deployments, business agility, scalability, reduced operational cost, the need for enterprise integration platform has been increased among the enterprises. Integrated platform is a recently developed technology where the application programs, applications, data, processes are integrated which enables organizations to minimize the complexities in the ongoing operations as well as helps in increasing the organizational productivity. It integrated all the industry applications and services in one common platform.
Highlights from Enterprise Integration Platform as a Service Market Study
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Dell Boomi, Inc. (United States), Amazon Web Services (AWS) (United States), Informatica Corporation (United States), Google Inc. (United States), MuleSoft, Inc. (United States), IBM Corporation (United States), Oracle Corporation (United States), SAP SE (Germany), SnapLogic, Inc. (United States) and Celigo, Inc. (United States) |
The market is highly fragmented with the presence of various players in the market. Some of the key strategies followed by the players operating in the market were innovation, product development, acquisition, and expansion. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Enterprise Integration Platform as a Service market throughout the forecasted period.
Dell Boomi, Inc. (United States), Amazon Web Services (AWS) (United States), Informatica Corporation (United States), Google Inc. (United States), MuleSoft, Inc. (United States), IBM Corporation (United States), Oracle Corporation (United States), SAP SE (Germany), SnapLogic, Inc. (United States) and Celigo, Inc. (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Jitterbit, Inc. (United States), Scribe Software Corporation (United States), DBSync (United States) and Flowgear (South Africa). Enterprise Integration Platform as a Service Market Segmentation:
Scope | Sub-Segments |
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Type | Monthly Subscription and Annual Subscription |
Deployment Mode | Cloud,On-premise |
Integration | Data Integration,Application Integration,Application Program Interfaces (API) Integration,Process Integration |
Enterprise Size | SME (Small and Medium Enterprises),Large Enterprise |
On the basis of geography, the market of Enterprise Integration Platform as a Service has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Adoption of Internet of Things (IoT) and Evolving Big Data Concept and Adoption of Ground to Cloud and Cloud to Cloud Integration
Market Growth Drivers:
Growing Awareness About iPaas Among Business Enterprises and Agile as well as Boosted Resource Allocating System leading to Speed up the Business Processes
Challenges:
Intense Competitions among Major Vendor and Lack of Skilled Professionals
Restraints:
Stringent Government Rules and Regulation and Lengthier Initial Installation Process
Opportunities:
Increasing Demand among the Enterprises to Streamline Business Processes and Accelerate Big Data of Enterprise
Key Target Audience
Technology Investors, Cloud Vendors, Managed Service Providers, Data Quality Service Providers, System Integrators, Data Integration Service Providers, Application Design & Development Service Providers, Training & Education Service Providers, Research/Consultancy firms, Consulting Firms/ Advisory Firms, Government Bodies and Third-party vendors
Market Leaders & Development Strategies
On January 14th, 2019, a global information technology infrastructure services as well as cloud infrastructure provider ‘Amazon Web Services Inc. (AWS)’ has acquired TSO Logic which provides analytics-driven insights to drive smarter migrations. In addition to this, the company has acquired ‘Sqrrl’ which provides a big data analytics tool for detecting, investigating, and visualizing advanced cybersecurity threats.
In 2018, Informatica an enterprise cloud data management company that develops data integration software solutions has introduced the next generation of iPaaS with Informatica Intelligent Cloud Services (IICS). This is in addition to the four essential components of an integration platform as a service (data integration, API management,application integration and connectivity).