Global Integration Platform as a Service Market size was valued US$ XX Bn. in 2019 and the total revenue is expected to grow at XX% through 2019 to 2027, reaching nearly US$ 42.3 Bn.
Global Integration Platform as a Service Market
The report study has analyzed revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and same is reflected in our analysis.
An integration platform as a service i.e. IPaaS consolidates multiple cloud services in a suit to help integration and governance of applications and databases. Similarly, it provides cloud service for the cloud-based platform and service-oriented architecture (SOA).
The report covers all the trends and technologies playing a major role in the growth of the IPaaS market over the forecast period. Big data is a concept which can be used to define the data that is complex and large in numbers, massive in volume and requires many technologies to be captured, stored and analyzed for better decision making. The rising number of connected devices, growing BYOD trend coupled with increasing data traffic is generating huge volumes of data that needs storage space, as a result of which, the demand for IPaaS is expected to grow in future.
The technologies compatible and relevant with Integration flow development, API life cycle management have prevailed with prominence along with the integration of IoT and B2B services with the cloud platform. The IPaaS incorporates all such industry services and its applications within a common platform. The services like Application Process Integration (API) and Internet of things (IoT) with the continuous upsurge in the number of users and vendors have resulted in the accelerated growth of IPaaS market globally. On the other hand, the high cost associated with the implementation of iPaaS is a major factor expected to restraint growth of the global integration platform as a service market. Also, a complication in interoperability between diverse applications is another factor expected to hinder the growth of the target market during the forecast period.
Also, the report will provide an accurate prediction of the contribution of the various segments to the growth of the integration platform as a service market size. By cloud type, the hybrid cloud segment expected to grow at the highest XX% CAGR during the forecast period. This is because of different advantages offered by cloud-based technologies like improved performance, real-time integration, standard industry practices and reduced total cost of ownership.
North America is expected to continue to hold the largest XX% share in IPaaS market owing to high adoption for cloud services among various industries in economies in the region. APAC is expected to witness the fastest growth in terms of revenue thanks to the high penetration of IT solutions in industry verticals in countries in the region. South America and the Middle East and Africa are expected to witness significant growth over the coming years because of growing preferences for cloud technology and IT services in the various industries.
The objective of the report is to present a comprehensive analysis of the Global Integration Platform as a Service Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Integration Platform as a Service Market dynamics, structure by analyzing the market segments and projects the Global Integration Platform as a Service Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Integration Platform as a Service Market make the report investor’s guide.
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Scope of the Global Integration Platform as a Service Market
Global Integration Platform as a Service Market, By Service Type
• Cloud service orchestration
• Data transformation
• API management
• Data integration
• Real-time monitoring and integration
• Business to Business (B2B) and cloud integration
• Application integration
• Training and consulting
• Support and maintenance
Global Integration Platform as a Service Market, By Cloud Type
Global Integration Platform as a Service Market, By Organization Size
• Small and Medium Enterprises (SMEs)
• Large enterprises
Global Integration Platform as a Service Market, By Vertical
• Banking, Financial Services, and Insurance (BFSI)
• Consumer goods and retail
• Government and public sector
• Healthcare and life sciences
• Media and entertainment
• Telecommunication and Information Technology Enabled Services (ITES)
Global Integration Platform as a Service Market, By Region
• Asia Pacific
• North America
• Latin America
• Middle East Africa
Key players operating in Global Integration Platform as a Service Market
• Dell Boomi, Inc.
• Informatica Corporation
• Mulesoft, Inc.
• Snaplogic, Inc.
• Celigo, Inc.
• IBM Corporation
• Oracle Corporation
• Jitterbit, Inc.
• Scribe Software Corporation
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