Enterprise Application Integration Market to touch US$ 17.37 Billion by 2023: Worldwide Key Players – IBM, Fujitsu, Microsoft, MuleSoft, Oracle, SAP SE, Software AG, Tibco

Marketprognosis.com Publish a New Market Research Report On “Global Enterprise Application Integration Market 2018 - 2023” which contains global key player’s survey information and forecast to 2023.

Overview of the Global Enterprise Application Integration Market:

The global enterprise application integration market was valued at USD 10.32 Billion in 2017, and is expected to reach a value of USD 17.37 Billion by 2023 at a CAGR of 9.07%, during the forecast period (2018 - 2023).

Enterprise Application Integration (EAI) is emerging as mission critical solution that involves the use of tools and methods aimed at optimization and modernization of computer applications in an organization. A recent study estimated that EAI accounts for around 35% of the total cost of application design, development and maintenance in a typical enterprise - large, medium or small. Traditional hub and spoke broker-based EAI systems are now being replaced by agile, distributed, standards-based Enterprise Service Bus architectures and an increase is expected in applications composed from Service Components forming basis for both SOA (Service Oriented Architecture) and EDA (Event Driven Architecture).

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The major factors significantly impacting the market include growth in cloud ERP implementation, surge in E-Businesses, increase in M&A activity requiring integration of dissimilar business processes, increase in business process automation solutions, Surge in demand for new human applications integration with legacy back end systems, and increase in virtual enterprise linking applications in SCM and CRM.

Many organizations are moving towards cloud based enterprise resource planning integration solutions to reduce the costs incurred. Business process automation allows organizations to achieve digital transformation and increase service quality. This enables streamline communication, enforces accountability, minimizes costs, reduces manual errors, and establishes a clear approval hierarchy. Hence, the rising usage of business automation owing to its benefits is driving the market for Enterprise application integration market.

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North America held the highest share of the enterprise application integration market in 2017. Housing many market giants in various industrial verticals, North America has been dominating the market and is expected to continue its domination throughout the forecast period. North America is experiencing a once-in-a-decade shift on the technological front. As hybrid IT has been evolving, most organizations are migrating their infrastructure to the cloud and some continue to maintain critical services onsite. Over the past few years, the number of business-critical applications has increased significantly. This has translated into more demand for high performing solutions as end-users expect seamless experience. The Asia-Pacific region is expected to register highest growth rate during the forecast period.

Major Key Players:

1 IBM Corporation

2 Fujitsu Ltd.

3 Microsoft Corporation

4 MuleSoft

5 Oracle Corporation

6 SAP SE

7 Software AG

8 Tibco Software Inc. and More……………………

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What Information does this report contain?

1 A detailed analysis of regulatory trends, drivers, industry pitfalls, challenges and growth opportunities for participants

2 Which are the leading market products, applications & regions and how will they perform by 2023?

3 What are the technologies & innovation trends, how will they evolve by 2023?

4 Which companies lead the industry, how are they positioned in the market in terms of sustainability, competency, production capacity and strategic outlook?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Enterprise Application Integration Market.

Table of Contents:

1 Introduction

2 Research Approach and Methodology

3 Executive Summary

4 Market Insights

5 Market Dynamics

6 Technology Snapshot

7 Global Enterprise Application Integration Segmentation

8 Competitive Intelligence - Company Profiles

9 Investment Analysis

10 Future Outlook of the Market

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