Integration and Orchestration Middleware Market to Extent an Assessed value of US$ 15.29 Bn by 2024
Persistence Market Research which analyzes the Integration And Orchestration Middleware Market and identifies key market drivers and factors impacting growth during the forecast period
Persistence Market Research which analyzes the Integration And Orchestration Middleware Market and identifies key market drivers and factors impacting growth during the forecast period
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Global <strong>Market</strong> Study on <strong>Integration</strong> & <strong>Orchestration</strong><br />
<strong>Middleware</strong>: Asia Pacific <strong>to</strong> Register a CAGR <strong>of</strong> 7.6%<br />
Between 2016 <strong><strong>an</strong>d</strong> <strong>2024</strong>
P e r s i s t e n c e M a r k e t R e s e a r c h<br />
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Global <strong>Integration</strong> <strong><strong>an</strong>d</strong> <strong>Orchestration</strong> <strong>Middleware</strong> <strong>Market</strong> 2016 - <strong>2024</strong>
P e r s i s t e n c e M a r k e t R e s e a r c h<br />
Report Media Releases<br />
Global <strong>Integration</strong> <strong><strong>an</strong>d</strong> <strong>Orchestration</strong> <strong>Middleware</strong> <strong>Market</strong><br />
Revenues <strong>to</strong> Reach <strong>US$</strong> <strong>15.29</strong> <strong>Bn</strong> <strong>by</strong> <strong>2024</strong> End, Cloudbased<br />
Deployment Will Capture over 40% Share<br />
According <strong>to</strong> Persistence <strong>Market</strong> Research, integration <strong><strong>an</strong>d</strong> orchestration middleware market<br />
will surpass <strong>US$</strong> 15 <strong>Bn</strong> <strong>by</strong> <strong>2024</strong>-end, exp<strong><strong>an</strong>d</strong>ing at a CAGR <strong>of</strong> 7.1% through <strong>2024</strong>. Primarily<br />
fueled <strong>by</strong> widespread adoption <strong>of</strong> cloud computing, rapidly exp<strong><strong>an</strong>d</strong>ing digital tr<strong>an</strong>sformation,<br />
<strong><strong>an</strong>d</strong> soaring adoption <strong>of</strong> API m<strong>an</strong>agement, this market will also be impacted <strong>by</strong> several other<br />
technology trends.<br />
Top market players pr<strong>of</strong>iled in the report, include IBM Corporation, OpenText Corporation,<br />
Micros<strong>of</strong>t Corporation, Oracle Corporation, <strong><strong>an</strong>d</strong> Infor ION. SPS Commerce, Inc., Society for<br />
Worldwide Interb<strong>an</strong>k Fin<strong>an</strong>cial Telecommunication (SWIFT), Axway, Covisint, <strong><strong>an</strong>d</strong> Tibco<br />
S<strong>of</strong>tware Inc. are other leading comp<strong>an</strong>ies on the market’s competitive l<strong><strong>an</strong>d</strong>scape.<br />
A sample <strong>of</strong> this report is available upon request @<br />
http://www.persistencemarketresearch.com/samples/12970<br />
Based on middleware type,<br />
•<strong>Integration</strong> middleware will remain the leading segment, followed <strong>by</strong> business-<strong>to</strong>-business<br />
middleware segment.<br />
•Over 2016-<strong>2024</strong>, integration middleware segment is likely <strong>to</strong> gain over 700 BPS <strong><strong>an</strong>d</strong> exp<strong><strong>an</strong>d</strong><br />
at a healthy CAGR <strong>of</strong> 9.2%, reaching <strong>US$</strong> 7.37 <strong>Bn</strong> in <strong>2024</strong>.<br />
•While integration segment is projected <strong>to</strong> account for over 48% share in terms <strong>of</strong> <strong>value</strong>, B2B<br />
middleware segment will hold around 25% share in <strong>2024</strong>.<br />
•However, event-driven middleware segment will witness a higher growth rate compared <strong>to</strong><br />
B2B.<br />
By deployment type,<br />
•On-premise will remain the largest segment slated for moderate growth over the forecast<br />
period, attaining a <strong>value</strong> <strong>of</strong> over <strong>US$</strong> 9 <strong>Bn</strong> in <strong>2024</strong>. However, this segment will reportedly lose<br />
its market share <strong>by</strong> 1400 BPS, resulting in nearly 60% <strong>of</strong> the <strong>to</strong>tal revenues <strong>by</strong> <strong>2024</strong>-end.<br />
•Growing popularity <strong><strong>an</strong>d</strong> rapid adoption <strong>of</strong> cloud-based middleware for quicker, more<br />
flexible, <strong><strong>an</strong>d</strong> scalable access <strong>to</strong> information will continue <strong>to</strong> drive the cloud-based deployment<br />
segment at a rapid pace.<br />
•This segment will demonstrate the fastest growth at a promising CAGR <strong>of</strong> 12.9% <strong><strong>an</strong>d</strong> exceed<br />
<strong>US$</strong> 6 <strong>Bn</strong> <strong>by</strong> the end <strong>of</strong> the assessed period. From around 26% market share in 2016, cloudbased<br />
segment is expected <strong>to</strong> reach a notable share <strong>of</strong> over 40% in <strong>2024</strong>.<br />
Global <strong>Integration</strong> <strong><strong>an</strong>d</strong> <strong>Orchestration</strong> <strong>Middleware</strong> <strong>Market</strong> 2016 - <strong>2024</strong>
P e r s i s t e n c e M a r k e t R e s e a r c h<br />
On the basis <strong>of</strong> application,<br />
•Consumption <strong>by</strong> the BSFI sec<strong>to</strong>r will account for the revenues worth <strong>US$</strong> 5.23 <strong>Bn</strong> <strong>by</strong> <strong>2024</strong><br />
end, making it the largest application segment with over 34% share in <strong>2024</strong> market revenues.<br />
•IT <strong><strong>an</strong>d</strong> telecommunications, the second largest segment, is <strong>an</strong>ticipated <strong>to</strong> achieve a <strong>value</strong> <strong>of</strong><br />
nearly <strong>US$</strong> 4 <strong>Bn</strong> that roughly accounts for over 26% market <strong>value</strong> share in <strong>2024</strong>.<br />
•The next key segments include government <strong><strong>an</strong>d</strong> retail. However, healthcare segment,<br />
thought the smallest one so far, will demonstrate the highest growth during the next eight<br />
years at <strong>an</strong> estimated 8.9% CAGR.<br />
APAC Set for Impressive Growth at a CAGR <strong>of</strong> over 7%<br />
Regional <strong>an</strong>alysis reaffirms the preeminence <strong>of</strong> North America, foreseen <strong>to</strong> capture over 38%<br />
<strong>value</strong> share in <strong>2024</strong>, representing a <strong>value</strong> <strong>of</strong> over <strong>US$</strong> 5.8 <strong>Bn</strong>. Europe will remain the second<br />
largest regional market for integration <strong><strong>an</strong>d</strong> orchestration middleware market with over 27%<br />
share in <strong>2024</strong>. Asia Pacific, poised <strong>to</strong> register the highest CAGR <strong>of</strong> 7.6%, will also represent a<br />
sizeable market share <strong>of</strong> over 15%. Growth <strong>of</strong> middleware deployment markets in China,<br />
Jap<strong>an</strong>, <strong><strong>an</strong>d</strong> India are primarily identified <strong>to</strong> boost the Asi<strong>an</strong> market over the next few years.<br />
Technological Innovations Collectively Driving <strong>Market</strong><br />
<strong>Integration</strong> <strong><strong>an</strong>d</strong> orchestration middleware solutions will continue <strong>to</strong> gain traction with<br />
growing innovation in IoT things <strong><strong>an</strong>d</strong> rising dem<strong><strong>an</strong>d</strong> for digitization. A relatively quicker<br />
fundamental shift <strong>to</strong> cloud-based middleware, coupled with API evolution, will be responsible<br />
for the flourishing market. To be competitive within marketplace, enterprise m<strong>an</strong>agers c<strong>an</strong><br />
encounter opportunities that come along with business au<strong>to</strong>mation middleware. Moreover,<br />
burgeoning use <strong>of</strong> cloud for better agility will open new avenues for the entire middleware<br />
market over the next few years.<br />
Influential trends, such as PaaS, DevOps, containerization, <strong><strong>an</strong>d</strong> MBaaS will provide a strong<br />
impetus <strong>to</strong> technological innovation <strong><strong>an</strong>d</strong> dem<strong><strong>an</strong>d</strong> for integration <strong><strong>an</strong>d</strong> orchestration<br />
middleware. While emergence <strong>of</strong> microservices is expected <strong>to</strong> be one <strong>of</strong> the most popular<br />
techniques for faster creation <strong><strong>an</strong>d</strong> testing <strong>of</strong> applications especially in the midst <strong>of</strong> connected<br />
devices, introduction <strong>of</strong> consumerization will allow end-users with self-integration <strong><strong>an</strong>d</strong><br />
au<strong>to</strong>mation <strong>of</strong> applications.<br />
Request <strong>to</strong> view Table <strong>of</strong> Content @ http://www.persistencemarketresearch.com/marketresearch/integration-<strong><strong>an</strong>d</strong>-orchestration-middleware-market/<strong>to</strong>c<br />
Integrated Machine Learning Presenting Big Opportunities<br />
Integrated machine learning is believed <strong>to</strong> hold a major potential <strong>to</strong> act as a replacement<br />
technology in the global integration <strong><strong>an</strong>d</strong> orchestration middleware market. With a strong<br />
backup <strong>of</strong> high level, effective integration <strong><strong>an</strong>d</strong> orchestration techniques in the arsenal,<br />
Global <strong>Integration</strong> <strong><strong>an</strong>d</strong> <strong>Orchestration</strong> <strong>Middleware</strong> <strong>Market</strong> 2016 - <strong>2024</strong>
P e r s i s t e n c e M a r k e t R e s e a r c h<br />
leading vendors c<strong>an</strong> focus on large scale distribution <strong><strong>an</strong>d</strong> work on delivering innovative<br />
integration <strong><strong>an</strong>d</strong> orchestration solutions.<br />
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Global <strong>Integration</strong> <strong><strong>an</strong>d</strong> <strong>Orchestration</strong> <strong>Middleware</strong> <strong>Market</strong> 2016 - <strong>2024</strong>
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