Service oriented architecture (SOA) application middleware and services have evolved over the past few years. SOA is a software development framework, facilitating a new way of building applications. SOA is projected to deliver unprecedented volumes of data and application IT capabilities thus transforming the exchange between data, business, and the IT sector. Through the employment of SOA, the business sense and vast scope of functions can be utilized as web offered services externally or even internally.
SOA is developed to serve as an application middleware. The distribution of information technology is utilized via SOA to transport code modules from one application to another. SOA is a major application used in the management of such services and thus is growing in demand with every year with an increase in adoption.
The market is further segmented based on regions, services, and deployment types. The business services segment is expected to grow at a high CAGR and accounts for major market share. Here, SOA can simplify the way companies communicate with partners and clients. The demand for SOA has increased because it can also help businesses to grow quickly & effectively as per changing marketing conditions.
Significant firms operating in the global market are Oracle, IBM, Tibco, Hewlett Packard (HP), Fiorano, Fujitsu, RedHat, Software AG.
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Global Service Oriented Architecture (SOA) Application Middleware Market Segmentation
By Service
• Business Services
• Entity Services
• Functional Services
• Utility Services
By Deployment Type
• Cloud
• On-premises
By Geography
• Europe
• North America
• APAC
• Latin America
• Rest of World
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Competitive Landscape:
• Tier 1 players- established companies in the market with a major market share
• Tier 2 players
• Emerging players which are growing rapidly
• New Entrants
FutureWise Takeaways
• Growth prospects
• SWOT analysis
• Key trends
• Key data points affecting market growth
Objectives of the Study:
• To provide an exhaustive analysis on the SOA application middleware market by service, by deployment type, and by region
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and the Middle East.
• To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
• Profiling of companies to evaluate their market shares, strategies, financials and core competencies
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