Service-oriented architecture (SOA) is collection of services that communicate with each other. The communication comprise of data transfer involving two or more services facilitating specific functionality. SOA consist of modules that are built as software components called services. The components are discrete pieces of data structures that can be reused for diverse purposes, thereby providing flexibility into the software systems. SOA enhances the ability of infrastructure to transform in response to change in the business environment. It also supports the management of re-usable business services as it compromise of flexible components
MARKET DYNAMICS
The global SOA market has been experiencing growth in recent years due to increasing adoption of mobile technology, adoption of web based applications in commercial and industrial sectors, rising adoption of cloud computing and innovation in smart phone for transactions and payments application. The other additional factors contributing to the growth of SOA market are increasing unstructured data generation by machines, technologies and equipment due to social media and growing adoption of integrated IT infrastructure.
MARKET SCOPE
The "Global Service-Oriented Architecture Market Analysis to 2028"? is a specialized and in-depth study of the service-oriented architecture market with a special focus on the global market trend analysis. The report aims to provide an overview of service-oriented architecture market with detailed market segmentation by solution, end user. The global service-oriented architecture market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading service-oriented architecture market player and offers key trends and opportunities in the service-oriented architecture market.
MARKET SEGMENTATION
The global service-oriented architecture market is segmented on the basis of solution, end user. On the basis of solution, market is segmented as software-as-a-services, infrastructure-as-a-service, platform-as-a-service, integration-as-a-services. On the basis of end user, market is segmented as food and beverages, BFSI, manufacturing, healthcare, IT and telecommunication, retail, automobile, government, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global service-oriented architecture market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The service-oriented architecture market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting service-oriented architecture market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. 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 effecting the service-oriented architecture market in these regions.
MARKET PLAYERS
The reports cover key developments in the service-oriented architecture market 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 way for expansion of business and customer base of market players. The market players from service-oriented architecture market are anticipated to lucrative growth opportunities in the future with the rising demand for service-oriented architecture market. Below mentioned is the list of few companies engaged in the service-oriented architecture market.
The report also includes the profiles of key service-oriented architecture market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Oracle Corporation
- Software AG
- Microsoft Corporation
- IBM Corporation
- Fujitsu Ltd.
- SAP SE
- Tibco Software Inc.
- CA Technologies
- 360logica Software
- Crosscheck Networks
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.