Application Integration Market

Application Integration Market Size, Share, Growth Analysis, By Offering(Platforms, Services), By Integration Type(Point-To-Point Integration, Enterprise Application Integration), By Application(Customer Relationship Management, Enterprise Resource Planning), By Vertical(Banking, Financial Services), By Region(North America, US) - Industry Forecast 2024-2031


Report ID: UCMIG45E2211 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Application Integration Market Insights

Market Overview:

The size of the global application integration market is anticipated to increase at a Compound Annual Growth Rate (CAGR) of 20.0% from USD 15.4 billion in 2023 to USD 38.4 billion by 2028. Demand for real-time data access and management is rising, and digital transformation is spreading across industries.

Application Integration Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
ForecastGrowthRate
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Application Software by segment aggregation, the contribution of the Application Software in Software & Services and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

Segmentation Analysis:

The Application Integration Market is segmented by Offering, Integration Type, Application, Vertical, Region. We are analyzing the market of these segments to identify which segment is the largest now and in the future, which segment has the highest growth rate, and the segment which offers the opportunity in the future.

Application Integration Market Basis Point Share Analysis, 2021 Vs. 2028
BasisPointShareAnalysis
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  • Based on Offering the market is segmented as, Platforms, Services, Professional Services, Consulting, Integration, Support and Maintenance, Managed Services
  • Based on Integration Type the market is segmented as, Point-To-Point Integration, Enterprise Application Integration, Enterprise Service Bus, Integration Platform as a Service, Hybrid Integration
  • Based on Application the market is segmented as, Customer Relationship Management, Enterprise Resource Planning, Human Resource Management System, Supply Chain Management, Business Intelligence, Electronic Health Record Management, Other Applications
  • Based on Vertical the market is segmented as, Banking, Financial Services, and Insurance, Retail & eCommerce, Manufacturing, Healthcare & Life Sciences, Energy & Utilities, Automotive, Transportation and Logistics, Government & Public Sector, Other Verticals
  • Based on Region the market is segmented as, North America, US, Canada, Europe, UK, Germany, France, Italy, Spain, Nordic Region, Rest of Europe, Asia Pacific, China, India, Japan, Australia and New Zealand, Southeast Asia, Rest of Asia Pacific, Middle East & Africa, Middle East, UAE, KSA, Rest of Middle East, Africa, Latin America, Brazil, Mexico, Rest of Latin America, KEY MARKET PLAYERS, Salesforce, Informatica, SAP, Oracle, SnapLogic, Software AG, IBM, Microsoft, TIBCO Software, Celigo, Boomi, Adeptia, WSO2, DBSync, Flowgear, InterSystems, SEEBURGER, Workato, Magic Software, OpenLegacy, Jitterbit, Elastic.io, Talend, Tray.io, Cyclr Systems, APIFuse

Regional Analysis:

Application Integration Market is being analyzed by North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle East & Africa (MEA) regions. Key countries including the U.S., Canada, Germany, France, UK, Italy, Spain, China, India, Japan, Brazil, GCC Countries, and South Africa among others were analyzed considering various micro and macro trends.

Application Integration Market Attractiveness Analysis, By Region 2020-2028
AttractivenessAnalysis
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Application Integration Market : Risk Analysis

SkyQuest's expert analysts have conducted a risk analysis to understand the impact of external extremities on Application Integration Market. We analyzed how geopolitical influence, natural disasters, climate change, legal scenario, economic impact, trade & economic policies, social & ethnic concerns, and demographic changes might affect Application Integration Market's supply chain, distribution, and total revenue growth.

Competitive landscaping:

To understand the competitive landscape, we are analyzing key Application Integration Market vendors in the market. To understand the competitive rivalry, we are comparing the revenue, expenses, resources, product portfolio, region coverage, market share, key initiatives, product launches, and any news related to the Application Integration Market.

To validate our hypothesis and validate our findings on the market ecosystem, we are also conducting a detailed porter's five forces analysis. Competitive Rivalry, Supplier Power, Buyer Power, Threat of Substitution, and Threat of New Entry each force is analyzed by various parameters governing those forces.

Key Players Covered in the Report:

  • application integration market size is projected to grow from USD 15.4 billion in 2023 to USD 38.4 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 20.0% during the forecast period. Growing demand for B2B integration, improved productivity, and scalability is driving market growth, but the high initial investment is a hindrance to market growth.
  • Driver: Rising need to eliminate data silos and improve productivity
  • A data silo is a collection of information inaccessible to each part of a company's hierarchy. Data silos cause expensive and time-consuming problems for companies. And hence, they must be resolved. Enterprise application integration solutions cater to eliminating data silos and the costs associated with them and enable the productive use of data. To gain a competitive edge, enhance operational efficiencies, and generate new business opportunities simultaneously, cutting down on costs may motivate companies to achieve more with their data. To achieve this, access to enterprise-wide information is vital. This is expected to drive the market for application integration systems.
  • Restraint: High initial investment
  • Investments in enterprise applications are elevated right now. As businesses continue to make investments, gaps between their expanding array of applications are affecting their performance. Though, with application integration, their efficiency is increased, as the tools work together, the initial investments for application integration are high for the organizations, limiting the prospects of this market.
  • Opportunity: Growing demand for B2B integration
  • To integrate all the complex processes, such as the B2B and electronic data interchange (EDI) processes of an enterprise across their partner communities in a single gateway, a B2B integration platform is necessary. B2B integration software can be used for on-premises or integration services. It can be accessed through hosted cloud services. The Business-to-Business Middleware (B2B Integration) industry will increase at a substantial CAGR during the forecast interval.
  • Challenge: Data inaccessibility because of its widespread storage
  • In the case of most tech-savvy companies, some data is stored so that it remains inaccessible to those who could gain an advantage from it. One of the primary reasons for this problem is that cloud apps are not adequately connected and thus leave business data spread across the cloud. The other reason is that some data is stored on-premises in legacy databases or older apps. These factors are proving an obstacle to the growth of enterprises looking to increase their efficiency and boost revenue.
  • Market Ecosystem
  • Leading companies in the application integration market include a definite provider of application integration solutions and services. These companies have been active in the market for several years and possess a varied product portfolio, innovative technologies, and strong global sales and marketing networks. Prominent companies in this market include Salesforce (US), Informatica (US), SAP (Germany), Oracle (US), SnapLogic (US), Software AG (Germany), IBM (US), Microsoft (US), TIBCO Software (US), Celigo (US), Boomi (US), Adeptia (US), WSO2 (US), DBSync (US), Flowgear (South Africa), InterSystems (US), SEEBURGER (Germany), Workato (US), Magic Software (Israel), OpenLegacy (US), Jitterbit (US), Elastic.io (Germany), Talend (US), Tray.io (US), Cyclr Systems (UK), APIFuse (US), and Zapier (US).
  • Services segment is expected to grow at a higher rate during the forecast period
  • Services in this market have been categorized into professional and managed services. Professional services are essential in the management of the entire lifecycle of solutions. Managed services, on the other hand, assess business networks, monitor the health of infrastructure, and perform remote maintenance activities. These services provide security and expert assurance, helping the entire business be more productive. Professional services are further segmented into consulting, integration, support, and maintenance.
  • Integration Platform as a Service (iPaaS) segment to account for the largest market share during the forecast period
  • iPaaS allows the building and deploying integrations between cloud and on-premises applications and data. It uses an API-led approach without requiring installing or managing any middleware or hardware. iPaaS includes capabilities such as Application Programming Interface (API) management, data transformation, data integration, and real-time monitoring and integration, offering simplicity, visibility, business agility, and governance with minimal cost and resource requirements. Enterprises and SMEs are moving toward adopting a cloud-based iPaaS solution to benefit from flexibility and robustness in internal business operations.
  • North America segment to account for the largest market share forecast period
  • North America is expected to account for the largest global application integration market share. The US contributes the maximum share in the application integration market. Various factors driving the adoption of application integration in this region are the diversification of services delivered and the shift of focus from SaaS to cloud services for infrastructure and platforms. Also, with an increasing number of enterprises and prominent players in the region, the demand for the application integration market is increasing. These enterprises have to manage the increasing number of applications and hence need application integration solutions.
  • Recent Developments:
  • In March 2023, Oracle extended its collaboration with NVIDIA to allow the functioning of NVIDIA AI applications on the new Oracle Cloud Infrastructure (OCI) Supercluster.
  • In September 2022, AWS and Salesforce announced the integration between the Salesforce platform and Amazon SageMaker to enable customers to use ML modeling services on the Salesforce platform.
  • In December 2021, IBM announced a global relationship with Mulesoft to deliver increased integrations and solutions around the IBM Z product family to support financial services and other mutual customers.
  • KEY MARKET SEGMENTS
  • By Offering
  • Platforms
  • Services
  • Professional Services
  • Consulting
  • Integration
  • Support and Maintenance
  • Managed Services
  • By Integration Type
  • Point-To-Point Integration
  • Enterprise Application Integration
  • Enterprise Service Bus
  • Integration Platform as a Service
  • Hybrid Integration
  • By Application
  • Customer Relationship Management
  • Enterprise Resource Planning
  • Human Resource Management System
  • Supply Chain Management
  • Business Intelligence
  • Electronic Health Record Management
  • Other Applications
  • By Vertical
  • Banking, Financial Services, and Insurance
  • Retail & eCommerce
  • Manufacturing
  • Healthcare & Life Sciences
  • Energy & Utilities
  • Automotive
  • Transportation and Logistics
  • Government & Public Sector
  • Other Verticals
  • By Region
  • North America
  • US
  • Canada
  • Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Nordic Region
  • Rest of Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • Australia and New Zealand
  • Southeast Asia
  • Rest of Asia Pacific
  • Middle East & Africa
  • Middle East
  • UAE
  • KSA
  • Rest of Middle East
  • Africa
  • Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
  • KEY MARKET PLAYERS
  • Salesforce
  • Informatica
  • SAP
  • Oracle
  • SnapLogic
  • Software AG
  • IBM
  • Microsoft
  • TIBCO Software
  • Celigo
  • Boomi
  • Adeptia
  • WSO2
  • DBSync
  • Flowgear
  • InterSystems
  • SEEBURGER
  • Workato
  • Magic Software
  • OpenLegacy
  • Jitterbit
  • Elastic.io
  • Talend
  • Tray.io
  • Cyclr Systems
  • APIFuse
  • Zapier

SkyQuest's Expertise:

The Application Integration Market is being analyzed by SkyQuest's analysts with the help of 20+ scheduled Primary interviews from both the demand and supply sides. We have already invested more than 250 hours on this report and are still refining our date to provide authenticated data to your readers and clients. Exhaustive primary and secondary research is conducted to collect information on the market, peer market, and parent market.

Our cross-industry experts and revenue-impact consultants at SkyQuest enable our clients to convert market intelligence into actionable, quantifiable results through personalized engagement.

Scope Of Report

Report Attribute Details
The base year for estimation 2021
Historical data 2016 – 2022
Forecast period 2022 – 2028
Report coverage Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis
Segments covered
  • By Offering - Platforms, Services, Professional Services, Consulting, Integration, Support and Maintenance, Managed Services
  • By Integration Type - Point-To-Point Integration, Enterprise Application Integration, Enterprise Service Bus, Integration Platform as a Service, Hybrid Integration
  • By Application - Customer Relationship Management, Enterprise Resource Planning, Human Resource Management System, Supply Chain Management, Business Intelligence, Electronic Health Record Management, Other Applications
  • By Vertical - Banking, Financial Services, and Insurance, Retail & eCommerce, Manufacturing, Healthcare & Life Sciences, Energy & Utilities, Automotive, Transportation and Logistics, Government & Public Sector, Other Verticals
  • By Region - North America, US, Canada, Europe, UK, Germany, France, Italy, Spain, Nordic Region, Rest of Europe, Asia Pacific, China, India, Japan, Australia and New Zealand, Southeast Asia, Rest of Asia Pacific, Middle East & Africa, Middle East, UAE, KSA, Rest of Middle East, Africa, Latin America, Brazil, Mexico, Rest of Latin America, KEY MARKET PLAYERS, Salesforce, Informatica, SAP, Oracle, SnapLogic, Software AG, IBM, Microsoft, TIBCO Software, Celigo, Boomi, Adeptia, WSO2, DBSync, Flowgear, InterSystems, SEEBURGER, Workato, Magic Software, OpenLegacy, Jitterbit, Elastic.io, Talend, Tray.io, Cyclr Systems, APIFuse
Regional scope North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle East & Africa (MEA)
Country scope U.S., Canada, Germany, France, UK, Italy, Spain, China, India, Japan, Brazil, GCC Countries, South Africa
Key companies profiled
  • application integration market size is projected to grow from USD 15.4 billion in 2023 to USD 38.4 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 20.0% during the forecast period. Growing demand for B2B integration, improved productivity, and scalability is driving market growth, but the high initial investment is a hindrance to market growth.
  • Driver: Rising need to eliminate data silos and improve productivity
  • A data silo is a collection of information inaccessible to each part of a company's hierarchy. Data silos cause expensive and time-consuming problems for companies. And hence, they must be resolved. Enterprise application integration solutions cater to eliminating data silos and the costs associated with them and enable the productive use of data. To gain a competitive edge, enhance operational efficiencies, and generate new business opportunities simultaneously, cutting down on costs may motivate companies to achieve more with their data. To achieve this, access to enterprise-wide information is vital. This is expected to drive the market for application integration systems.
  • Restraint: High initial investment
  • Investments in enterprise applications are elevated right now. As businesses continue to make investments, gaps between their expanding array of applications are affecting their performance. Though, with application integration, their efficiency is increased, as the tools work together, the initial investments for application integration are high for the organizations, limiting the prospects of this market.
  • Opportunity: Growing demand for B2B integration
  • To integrate all the complex processes, such as the B2B and electronic data interchange (EDI) processes of an enterprise across their partner communities in a single gateway, a B2B integration platform is necessary. B2B integration software can be used for on-premises or integration services. It can be accessed through hosted cloud services. The Business-to-Business Middleware (B2B Integration) industry will increase at a substantial CAGR during the forecast interval.
  • Challenge: Data inaccessibility because of its widespread storage
  • In the case of most tech-savvy companies, some data is stored so that it remains inaccessible to those who could gain an advantage from it. One of the primary reasons for this problem is that cloud apps are not adequately connected and thus leave business data spread across the cloud. The other reason is that some data is stored on-premises in legacy databases or older apps. These factors are proving an obstacle to the growth of enterprises looking to increase their efficiency and boost revenue.
  • Market Ecosystem
  • Leading companies in the application integration market include a definite provider of application integration solutions and services. These companies have been active in the market for several years and possess a varied product portfolio, innovative technologies, and strong global sales and marketing networks. Prominent companies in this market include Salesforce (US), Informatica (US), SAP (Germany), Oracle (US), SnapLogic (US), Software AG (Germany), IBM (US), Microsoft (US), TIBCO Software (US), Celigo (US), Boomi (US), Adeptia (US), WSO2 (US), DBSync (US), Flowgear (South Africa), InterSystems (US), SEEBURGER (Germany), Workato (US), Magic Software (Israel), OpenLegacy (US), Jitterbit (US), Elastic.io (Germany), Talend (US), Tray.io (US), Cyclr Systems (UK), APIFuse (US), and Zapier (US).
  • Services segment is expected to grow at a higher rate during the forecast period
  • Services in this market have been categorized into professional and managed services. Professional services are essential in the management of the entire lifecycle of solutions. Managed services, on the other hand, assess business networks, monitor the health of infrastructure, and perform remote maintenance activities. These services provide security and expert assurance, helping the entire business be more productive. Professional services are further segmented into consulting, integration, support, and maintenance.
  • Integration Platform as a Service (iPaaS) segment to account for the largest market share during the forecast period
  • iPaaS allows the building and deploying integrations between cloud and on-premises applications and data. It uses an API-led approach without requiring installing or managing any middleware or hardware. iPaaS includes capabilities such as Application Programming Interface (API) management, data transformation, data integration, and real-time monitoring and integration, offering simplicity, visibility, business agility, and governance with minimal cost and resource requirements. Enterprises and SMEs are moving toward adopting a cloud-based iPaaS solution to benefit from flexibility and robustness in internal business operations.
  • North America segment to account for the largest market share forecast period
  • North America is expected to account for the largest global application integration market share. The US contributes the maximum share in the application integration market. Various factors driving the adoption of application integration in this region are the diversification of services delivered and the shift of focus from SaaS to cloud services for infrastructure and platforms. Also, with an increasing number of enterprises and prominent players in the region, the demand for the application integration market is increasing. These enterprises have to manage the increasing number of applications and hence need application integration solutions.
  • Recent Developments:
  • In March 2023, Oracle extended its collaboration with NVIDIA to allow the functioning of NVIDIA AI applications on the new Oracle Cloud Infrastructure (OCI) Supercluster.
  • In September 2022, AWS and Salesforce announced the integration between the Salesforce platform and Amazon SageMaker to enable customers to use ML modeling services on the Salesforce platform.
  • In December 2021, IBM announced a global relationship with Mulesoft to deliver increased integrations and solutions around the IBM Z product family to support financial services and other mutual customers.
  • KEY MARKET SEGMENTS
  • By Offering
  • Platforms
  • Services
  • Professional Services
  • Consulting
  • Integration
  • Support and Maintenance
  • Managed Services
  • By Integration Type
  • Point-To-Point Integration
  • Enterprise Application Integration
  • Enterprise Service Bus
  • Integration Platform as a Service
  • Hybrid Integration
  • By Application
  • Customer Relationship Management
  • Enterprise Resource Planning
  • Human Resource Management System
  • Supply Chain Management
  • Business Intelligence
  • Electronic Health Record Management
  • Other Applications
  • By Vertical
  • Banking, Financial Services, and Insurance
  • Retail & eCommerce
  • Manufacturing
  • Healthcare & Life Sciences
  • Energy & Utilities
  • Automotive
  • Transportation and Logistics
  • Government & Public Sector
  • Other Verticals
  • By Region
  • North America
  • US
  • Canada
  • Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Nordic Region
  • Rest of Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • Australia and New Zealand
  • Southeast Asia
  • Rest of Asia Pacific
  • Middle East & Africa
  • Middle East
  • UAE
  • KSA
  • Rest of Middle East
  • Africa
  • Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
  • KEY MARKET PLAYERS
  • Salesforce
  • Informatica
  • SAP
  • Oracle
  • SnapLogic
  • Software AG
  • IBM
  • Microsoft
  • TIBCO Software
  • Celigo
  • Boomi
  • Adeptia
  • WSO2
  • DBSync
  • Flowgear
  • InterSystems
  • SEEBURGER
  • Workato
  • Magic Software
  • OpenLegacy
  • Jitterbit
  • Elastic.io
  • Talend
  • Tray.io
  • Cyclr Systems
  • APIFuse
  • Zapier
Customization scope Free report customization (15% Free customization) with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options Reap the benefits of customized purchase options to fit your specific research requirements.

Objectives of the Study

  • To forecast the market size, in terms of value, for various segments with respect to five main regions, namely, North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle East & Africa (MEA)
  • To provide detailed information regarding the major factors influencing the growth of the Market (drivers, restraints, opportunities, and challenges)
  • To strategically analyze the micro markets with respect to the individual growth trends, future prospects, and contribution to the total market
  • To provide a detailed overview of the value chain and analyze market trends with the Porter's five forces analysis
  • To analyze the opportunities in the market for various stakeholders by identifying the high-growth Segments
  • To identify the key players and comprehensively analyze their market position in terms of ranking and core competencies, along with detailing the competitive landscape for the market leaders
  • To analyze competitive development such as joint ventures, mergers and acquisitions, new product launches and development, and research and development in the market

What does this Report Deliver?

  • Market Estimation for 20+ Countries
  • Historical data coverage: 2016 to 2022
  • Growth projections: 2022 to 2028
  • SkyQuest's premium market insights: Innovation matrix, IP analysis, Production Analysis, Value chain analysis, Technological trends, and Trade analysis
  • Customization on Segments, Regions, and Company Profiles
  • 100+ tables, 150+ Figures, 10+ matrix
  • Global and Country Market Trends
  • Comprehensive Mapping of Industry Parameters
  • Attractive Investment Proposition
  • Competitive Strategies Adopted by Leading Market Participants
  • Market drivers, restraints, opportunities, and its impact on the market
  • Regulatory scenario, regional dynamics, and insights of leading countries in each region
  • Segment trends analysis, opportunity, and growth
  • Opportunity analysis by region and country
  • Porter's five force analysis to know the market's condition
  • Pricing analysis
  • Parent market analysis
  • Product portfolio benchmarking

Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Application Integration Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Application Integration Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)
  • application integration market size is projected to grow from USD 15.4 billion in 2023 to USD 38.4 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 20.0% during the forecast period. Growing demand for B2B integration, improved productivity, and scalability is driving market growth, but the high initial investment is a hindrance to market growth.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Driver: Rising need to eliminate data silos and improve productivity
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • A data silo is a collection of information inaccessible to each part of a company's hierarchy. Data silos cause expensive and time-consuming problems for companies. And hence, they must be resolved. Enterprise application integration solutions cater to eliminating data silos and the costs associated with them and enable the productive use of data. To gain a competitive edge, enhance operational efficiencies, and generate new business opportunities simultaneously, cutting down on costs may motivate companies to achieve more with their data. To achieve this, access to enterprise-wide information is vital. This is expected to drive the market for application integration systems.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Restraint: High initial investment
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Investments in enterprise applications are elevated right now. As businesses continue to make investments, gaps between their expanding array of applications are affecting their performance. Though, with application integration, their efficiency is increased, as the tools work together, the initial investments for application integration are high for the organizations, limiting the prospects of this market.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Opportunity: Growing demand for B2B integration
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • To integrate all the complex processes, such as the B2B and electronic data interchange (EDI) processes of an enterprise across their partner communities in a single gateway, a B2B integration platform is necessary. B2B integration software can be used for on-premises or integration services. It can be accessed through hosted cloud services. The Business-to-Business Middleware (B2B Integration) industry will increase at a substantial CAGR during the forecast interval.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Challenge: Data inaccessibility because of its widespread storage
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • In the case of most tech-savvy companies, some data is stored so that it remains inaccessible to those who could gain an advantage from it. One of the primary reasons for this problem is that cloud apps are not adequately connected and thus leave business data spread across the cloud. The other reason is that some data is stored on-premises in legacy databases or older apps. These factors are proving an obstacle to the growth of enterprises looking to increase their efficiency and boost revenue.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Market Ecosystem
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Leading companies in the application integration market include a definite provider of application integration solutions and services. These companies have been active in the market for several years and possess a varied product portfolio, innovative technologies, and strong global sales and marketing networks. Prominent companies in this market include Salesforce (US), Informatica (US), SAP (Germany), Oracle (US), SnapLogic (US), Software AG (Germany), IBM (US), Microsoft (US), TIBCO Software (US), Celigo (US), Boomi (US), Adeptia (US), WSO2 (US), DBSync (US), Flowgear (South Africa), InterSystems (US), SEEBURGER (Germany), Workato (US), Magic Software (Israel), OpenLegacy (US), Jitterbit (US), Elastic.io (Germany), Talend (US), Tray.io (US), Cyclr Systems (UK), APIFuse (US), and Zapier (US).
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Services segment is expected to grow at a higher rate during the forecast period
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Services in this market have been categorized into professional and managed services. Professional services are essential in the management of the entire lifecycle of solutions. Managed services, on the other hand, assess business networks, monitor the health of infrastructure, and perform remote maintenance activities. These services provide security and expert assurance, helping the entire business be more productive. Professional services are further segmented into consulting, integration, support, and maintenance.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Integration Platform as a Service (iPaaS) segment to account for the largest market share during the forecast period
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • iPaaS allows the building and deploying integrations between cloud and on-premises applications and data. It uses an API-led approach without requiring installing or managing any middleware or hardware. iPaaS includes capabilities such as Application Programming Interface (API) management, data transformation, data integration, and real-time monitoring and integration, offering simplicity, visibility, business agility, and governance with minimal cost and resource requirements. Enterprises and SMEs are moving toward adopting a cloud-based iPaaS solution to benefit from flexibility and robustness in internal business operations.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • North America segment to account for the largest market share forecast period
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • North America is expected to account for the largest global application integration market share. The US contributes the maximum share in the application integration market. Various factors driving the adoption of application integration in this region are the diversification of services delivered and the shift of focus from SaaS to cloud services for infrastructure and platforms. Also, with an increasing number of enterprises and prominent players in the region, the demand for the application integration market is increasing. These enterprises have to manage the increasing number of applications and hence need application integration solutions.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Recent Developments:
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • In March 2023, Oracle extended its collaboration with NVIDIA to allow the functioning of NVIDIA AI applications on the new Oracle Cloud Infrastructure (OCI) Supercluster.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • In September 2022, AWS and Salesforce announced the integration between the Salesforce platform and Amazon SageMaker to enable customers to use ML modeling services on the Salesforce platform.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • In December 2021, IBM announced a global relationship with Mulesoft to deliver increased integrations and solutions around the IBM Z product family to support financial services and other mutual customers.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • KEY MARKET SEGMENTS
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • By Offering
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Platforms
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Services
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Professional Services
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Consulting
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Integration
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Support and Maintenance
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Managed Services
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • By Integration Type
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Point-To-Point Integration
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Enterprise Application Integration
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Enterprise Service Bus
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Integration Platform as a Service
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Hybrid Integration
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • By Application
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Customer Relationship Management
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Enterprise Resource Planning
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Human Resource Management System
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Supply Chain Management
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Business Intelligence
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Electronic Health Record Management
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Other Applications
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • By Vertical
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Banking, Financial Services, and Insurance
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Retail & eCommerce
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Manufacturing
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Healthcare & Life Sciences
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Energy & Utilities
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Automotive
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Transportation and Logistics
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Government & Public Sector
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Other Verticals
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • By Region
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • North America
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • US
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Canada
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Europe
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • UK
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Germany
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • France
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Italy
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Spain
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Nordic Region
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Rest of Europe
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Asia Pacific
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • China
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • India
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Japan
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Australia and New Zealand
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Southeast Asia
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Rest of Asia Pacific
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Middle East & Africa
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Middle East
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • UAE
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • KSA
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Rest of Middle East
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Africa
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Latin America
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Brazil
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Mexico
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Rest of Latin America
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • KEY MARKET PLAYERS
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Salesforce
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Informatica
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • SAP
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Oracle
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • SnapLogic
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Software AG
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • IBM
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Microsoft
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • TIBCO Software
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Celigo
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Boomi
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Adeptia
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • WSO2
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • DBSync
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Flowgear
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • InterSystems
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • SEEBURGER
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Workato
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Magic Software
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • OpenLegacy
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Jitterbit
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Elastic.io
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Talend
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Tray.io
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Cyclr Systems
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • APIFuse
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Zapier
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments

Methodology

For the Application Integration Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Application Integration Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

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Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Application Integration Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Application Integration Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQs

The global market for Application Integration was estimated to be valued at US$ XX Mn in 2021.

The global Application Integration Market is estimated to grow at a CAGR of XX% by 2028.

The global Application Integration Market is segmented on the basis of Offering, Integration Type, Application, Vertical, Region.

Based on region, the global Application Integration Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the global Application Integration Market are application integration market size is projected to grow from USD 15.4 billion in 2023 to USD 38.4 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 20.0% during the forecast period. Growing demand for B2B integration, improved productivity, and scalability is driving market growth, but the high initial investment is a hindrance to market growth. , Driver: Rising need to eliminate data silos and improve productivity , A data silo is a collection of information inaccessible to each part of a company's hierarchy. Data silos cause expensive and time-consuming problems for companies. And hence, they must be resolved. Enterprise application integration solutions cater to eliminating data silos and the costs associated with them and enable the productive use of data. To gain a competitive edge, enhance operational efficiencies, and generate new business opportunities simultaneously, cutting down on costs may motivate companies to achieve more with their data. To achieve this, access to enterprise-wide information is vital. This is expected to drive the market for application integration systems. , Restraint: High initial investment , Investments in enterprise applications are elevated right now. As businesses continue to make investments, gaps between their expanding array of applications are affecting their performance. Though, with application integration, their efficiency is increased, as the tools work together, the initial investments for application integration are high for the organizations, limiting the prospects of this market. , Opportunity: Growing demand for B2B integration , To integrate all the complex processes, such as the B2B and electronic data interchange (EDI) processes of an enterprise across their partner communities in a single gateway, a B2B integration platform is necessary. B2B integration software can be used for on-premises or integration services. It can be accessed through hosted cloud services. The Business-to-Business Middleware (B2B Integration) industry will increase at a substantial CAGR during the forecast interval. , Challenge: Data inaccessibility because of its widespread storage , In the case of most tech-savvy companies, some data is stored so that it remains inaccessible to those who could gain an advantage from it. One of the primary reasons for this problem is that cloud apps are not adequately connected and thus leave business data spread across the cloud. The other reason is that some data is stored on-premises in legacy databases or older apps. These factors are proving an obstacle to the growth of enterprises looking to increase their efficiency and boost revenue. , Market Ecosystem , Leading companies in the application integration market include a definite provider of application integration solutions and services. These companies have been active in the market for several years and possess a varied product portfolio, innovative technologies, and strong global sales and marketing networks. Prominent companies in this market include Salesforce (US), Informatica (US), SAP (Germany), Oracle (US), SnapLogic (US), Software AG (Germany), IBM (US), Microsoft (US), TIBCO Software (US), Celigo (US), Boomi (US), Adeptia (US), WSO2 (US), DBSync (US), Flowgear (South Africa), InterSystems (US), SEEBURGER (Germany), Workato (US), Magic Software (Israel), OpenLegacy (US), Jitterbit (US), Elastic.io (Germany), Talend (US), Tray.io (US), Cyclr Systems (UK), APIFuse (US), and Zapier (US). , Services segment is expected to grow at a higher rate during the forecast period , Services in this market have been categorized into professional and managed services. Professional services are essential in the management of the entire lifecycle of solutions. Managed services, on the other hand, assess business networks, monitor the health of infrastructure, and perform remote maintenance activities. These services provide security and expert assurance, helping the entire business be more productive. Professional services are further segmented into consulting, integration, support, and maintenance. , Integration Platform as a Service (iPaaS) segment to account for the largest market share during the forecast period , iPaaS allows the building and deploying integrations between cloud and on-premises applications and data. It uses an API-led approach without requiring installing or managing any middleware or hardware. iPaaS includes capabilities such as Application Programming Interface (API) management, data transformation, data integration, and real-time monitoring and integration, offering simplicity, visibility, business agility, and governance with minimal cost and resource requirements. Enterprises and SMEs are moving toward adopting a cloud-based iPaaS solution to benefit from flexibility and robustness in internal business operations. , North America segment to account for the largest market share forecast period , North America is expected to account for the largest global application integration market share. The US contributes the maximum share in the application integration market. Various factors driving the adoption of application integration in this region are the diversification of services delivered and the shift of focus from SaaS to cloud services for infrastructure and platforms. Also, with an increasing number of enterprises and prominent players in the region, the demand for the application integration market is increasing. These enterprises have to manage the increasing number of applications and hence need application integration solutions. , Recent Developments: , In March 2023, Oracle extended its collaboration with NVIDIA to allow the functioning of NVIDIA AI applications on the new Oracle Cloud Infrastructure (OCI) Supercluster. , In September 2022, AWS and Salesforce announced the integration between the Salesforce platform and Amazon SageMaker to enable customers to use ML modeling services on the Salesforce platform. , In December 2021, IBM announced a global relationship with Mulesoft to deliver increased integrations and solutions around the IBM Z product family to support financial services and other mutual customers. , KEY MARKET SEGMENTS, By Offering , Platforms , Services , Professional Services , Consulting , Integration , Support and Maintenance , Managed Services , By Integration Type , Point-To-Point Integration , Enterprise Application Integration , Enterprise Service Bus , Integration Platform as a Service , Hybrid Integration , By Application , Customer Relationship Management , Enterprise Resource Planning , Human Resource Management System , Supply Chain Management , Business Intelligence , Electronic Health Record Management , Other Applications , By Vertical , Banking, Financial Services, and Insurance , Retail & eCommerce , Manufacturing , Healthcare & Life Sciences , Energy & Utilities , Automotive , Transportation and Logistics , Government & Public Sector , Other Verticals , By Region , North America , US , Canada , Europe , UK , Germany , France , Italy , Spain , Nordic Region , Rest of Europe , Asia Pacific , China , India , Japan , Australia and New Zealand , Southeast Asia , Rest of Asia Pacific , Middle East & Africa , Middle East , UAE , KSA , Rest of Middle East , Africa , Latin America , Brazil , Mexico , Rest of Latin America , KEY MARKET PLAYERS , Salesforce , Informatica , SAP , Oracle , SnapLogic , Software AG , IBM , Microsoft , TIBCO Software , Celigo , Boomi , Adeptia , WSO2 , DBSync , Flowgear , InterSystems , SEEBURGER , Workato , Magic Software , OpenLegacy , Jitterbit , Elastic.io , Talend , Tray.io , Cyclr Systems , APIFuse , Zapier .

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Application Integration Market

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