Global Integration Platform AsA Service (IPaaS) Market is
expected to reach USD 2.705.8 million by 2025, according to a new report by
Grand View Research, Inc. Rising need of advanced systems to improve the
process of deploying, developing, and managing enterprise applications globally
has been a major factor driving market growth. In addition, recent developments
in big data, cloud computing, and Internet of Things (IoT) within
organizations’ processes also paved the way for greater development of IPaaS
solutions.
Integration Platform as a Service is an
emerging technology where in the applications, process, data, and application
programs are integrated. The integration enables enterprises to reduce the
complexity of its operations and better connect to cloud services. The
integrations also save the time by providing a common platform for various
applications.
The technologies relevant and compatible
with Integration flow development, API life cycle management have prevailed
with prominence along with the integration of B2B and IoT services with
cloud-based platforms. The IPaaS integrates all such industry services and its
applications within a common platform. The services such as Internet of things
(IoT) and Application Process Integration (API) with continuous increase in the
number of users and vendors have resulted in accelerated growth of IPaaS
market.
IPaaS hybrid segment was the largest
deployment category in 2016 and is expected to maintain a comparatively low
growth rate over the forecast period. It accounted for a share of 43% in 2016.
Hybrid deployment module was the largest service category in 2016 and is
expected to maintain a comparatively high growth rate over the forecast period.
Full Research Report on Global Integration
Platform as a Service (IPaaS) Market Analysis:
Further key findings from the report
suggest:
- The global integration platform as a service market was valued
at 575 million in 2016 and is expected to grow at a CAGR of 18.9% from
2017 to 2024
- API life cycle management emerged as the largest service
segment in 2016 and is estimated to generate revenue over USD 709 million
by 2024
- Global IPaaS demand in Integration flow development and life
cycle management tools was USD 75 million in 2016 and is anticipated to
witness staggered growth over the next seven years
- The industry in Asia Pacific is projected to witness
substantial growth over the next decade owing to various developments
across major economies, especially in the Internet of Things (IoT) and big
data. The regional market is expected to grow at a CAGR of 25% from 2017
to 2024
- Key players including Informatica, Dell Boomi, MuleSoft, and Snaplogic
dominated the global enterprise governance, risk and compliance market
while accounting for over 46% of the overall revenue in 2016
Grand
View Research has segmented the Global Integrated Platform As A Service (IPaaS)
Market on the basis of solution, services, enterprise type, vertical type, and
region:
Service Outlook (Revenue, USD Million,
2014 - 2025)
- Data mapping and transformation
- Routing and orchestration
- Integration flow development and life cycle management tools
- API life cycle management
- Business to Business (B2B) and cloud integration
- Internet of Things (IOT)
- Others
Deployment Outlook (Revenue, USD
Million, 2014 - 2025)
- Cloud
- Hybrid
- On-premise
Integration type Outlook (Revenue, USD
Million, 2014 - 2025)
- Data Integration
- Application Integration
- Application Program Interfaces (API) Integration
- Process Integration
Regional Outlook (Revenue, USD Million,
2014 - 2025)
- North America
- Europe
- Asia Pacific
- Rest of the World
View Press Release of this research
report by Grand View Research: http://www.grandviewresearch.com/press-release/global-integration-platform-as-a-service-ipaas-market
About Grand View Research
Grand View
Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research
reports, and consulting services. To help clients make informed business
decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
For More Information: www.grandviewresearch.com
No comments:
Post a Comment