The Enterprise Integration Platform as a Service (iPaaS) is a new invention wherein the applications, data, process, and application programs are integrated. The enterprise integration platform as a service enables enterprises to lessen the multifaceted nature of their operations and improve association with cloud services. The enterprise integration platform as a service also save time by giving a common platform to several applications.
MARKET SCOPE
The "Global Enterprise Integration Platform as a Service Solution Market Analysis to 2028" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the enterprise integration platform as a service solution market with detailed market segmentation by service type, deployment model, organization size, vertical, and geography. The report provides key statistics on the market status of the leading enterprise integration platform as a service solution market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on service type, the market is segmented into cloud service orchestration, data transformation, API management, data integration, real-time monitoring and integration, Business to Business (B2B) and cloud integration, and others.
- Based on deployment model, the market is segmented into public cloud, private cloud, and hybrid cloud.
- Based on organization size, the market is segmented into Small and Medium Enterprises (SMEs) and large enterprises.
- Based on vertical, the market is segmented into BFSI, consumer goods and retail, education, government and public sector, healthcare and life sciences, manufacturing, and others.
Drivers
- The increase in the necessity of advanced systems to improve the way toward creating, sending, and managing enterprise applications is a significant factor driving the growth of the enterprise integration platform as a service solution market.
- Technological advancement in big data, AI, and IoT is driving the growth of the enterprise integration platform as a service solution market.
- Interoperability issues may hinder the growth of the enterprise integration platform as a service solution market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The enterprise integration platform as a service solution market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both the demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social, and technological factors affecting the enterprise integration platform as a service solution market in these regions.
IMPACT OF COVID-19 ON ENTERPRISE INTEGRATION PLATFORM AS A SERVICE SOLUTION MARKET
COVID-19 first began in Wuhan (China) in December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in the global market. Few companies have already announced possible delays in product deliveries and slumps in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the enterprise integration platform as a service solution market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of the business and customer base of market players. The market players from the enterprise integration platform as a service solution market are anticipated to have lucrative growth opportunities in the future with the rising demand in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the enterprise integration platform as a service solution market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Boomi, LP.
- Celigo, Inc.
- DBSync
- IBM
- Informatica
- Jitterbit
- MuleSoft LLC, a Salesforce company
- Oracle
- SnapLogic
- TIBCO Software Inc.