The global integration platform as a 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 Market By Grand
View Research:
www.grandviewresearch.com/industry-analysis/integration-platform-as-a-service-ipaas-market
www.grandviewresearch.com/industry-analysis/integration-platform-as-a-service-ipaas-market
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
Browse
More Reports Of This Category By Grand View Research:
www.grandviewresearch.com/industry/communication-services
www.grandviewresearch.com/industry/communication-services
Grand View Research has segmented the global integrated platform as a
service 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
Access
Press Release Of This Research Report By Grand View Research:
www.grandviewresearch.com/press-release/global-integration-platform-as-a-service-ipaas-market
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
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