Enterprise Application Integration Market Definition
The enterprise application integration (EAI) is a series of approaches followed in the enterprise to start the formation of hardware systems and software applications. It is the process of using all the technologies and services within an enterprise for the alliance of hardware and software. This solution builds communication between various enterprise applications like customer relationship management (CRM), supply chain management enabling the required data to be shared by other users of different applications. It is used in large, medium or small enterprises accounting for 35% of the overall spending on application design development and maintenance as referred by various articles.
The market study is broken down by Type (Data Level, Business Model Level, Application Interface Level and Others), by Application (Data Integration, Vendor Independence, Common Facade and Others) and major geographies with country level splits.
The competition between the players is high as there are various players present in the market. With the right implementation of subsequent EAI technologies by companies, it is all the way possible for the players to make themselves flourish among the market standards with a competitive advantage. Their way of working, how they implement the technologies and individual market opportunities differ for every company.
IBM (United States), Microsoft Corporation (United States), SAP SE (Germany), Oracle Corporation (United States), Salesforce.com, Inc. (United States), Fujitsu Ltd. (Japan), Carmatec Inc. (United States), Red Hat, Inc. (United States), MuleSoft LLC, (United States) and Quinnox, Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are TIBCO Software Inc. (United States).
AdvanceMarketAnalytics has segmented the market of Global Enterprise Application Integration market by Type, Application and Region.
On the basis of geography, the market of Enterprise Application Integration 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). If we see Market by Organization Size, the sub-segment i.e. Small Businesses will boost the Enterprise Application Integration market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Industry Verticals, the sub-segment i.e. BFSI Industry will boost the Enterprise Application Integration market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment, the sub-segment i.e. Hosted will boost the Enterprise Application Integration market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
On 17th September 2019, Oracle announced the partnership with Microsoft's cloud, the availability of integrity between Oracle Digital Assistant and Microsoft teams. Enterprise customers are now allowed to access Oracle Cloud Applications through AI-powered experience in teams. The Oracle Digital Assistant has enabled from the Teams App Store where users can enquire from Oracle Cloud Applications such as CX and HCM through a chatbot conversation.
- The emerging application integration helps in open and secure sharing data between all heterogeneous applications and legacy devices in the enterprise. The organization is focusing on dPaas (Data Platform as a Service) which helps in data integration and management by saving data from confines of the applications involved.
- Growing Demand for Enterprise Business Applications
- Rising Information Technology Domain Across the Emerging Countries
- Need for Management Sector and Data Sharing
- The Surging Demand for EAI for Centralised Platform will Continue to Flourish in Corporate Sector of the Developing Countries
- Investment in Infrastructure Development of Enterprise
- Risk of Cybers Attack Might Affect the Market
- Regulatory Guidelines Regarding Online Safety
- Mishandling of Data by Employees in the Enterprise will Hinder the Enterprise Application Integration Market
Key Target AudienceEnterprise Application Integration Providers, Enterprise Application Integration Developers, Research and Development Institutes, Potential Investors, Industry Association and Others
About ApproachThe research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
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