Press release
Application Infrastructure Middleware Market 2023 To Surpass Stunning CAGR 7.54% by Top Industry Vendors: IBM, ORACLE CORPORATION, TIBCO SOFTWARE, SALESFORCE.COM, SAP SE, MICROSOFT CORPORATION, SOFTWARE AG, RED HAT
The global application infrastructure middleware market is expected to grow at a CAGR of 7.54% over the forecast period (2018-2023). Middleware software serves as an interface for separated complex problems. Enterprise application and web services are very frequently connected using middleware. Middleware is usually placed between the operating system and the applications operating on different servers. They help to simplify the development of applications, which leverage certain services from other applications. Typical services of middleware programs include messaging services for communication between different applications using messaging frameworks such as SOAP, REST, JSON, and other web services. Middleware solutions are offered in many applications, which are typically meant to deal with specific business needs. Examples include automation of insurance claims, detection of financial frauds, processing of various transactions, and various tailored solutions based on preferences.Detailed Sample Copy of Updated Analysis @ https://marketprognosis.com/sample-request/16362
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The growing demand for IoT middleware and the evolving maturity of cloud application infrastructure are major factors contributing to the market growth. IBM leads the global application infrastructure and middleware market. Market leaders are losing their share due to the increasing competition form open sources, cloud providers, and other challengers. Approximately one-third of application infrastructure and middleware spend comes from small and medium businesses, but they represent almost 90% of the companies in many regional markets.
Key Developments in the Market
• November 2017 - IBM acquired Vivant Digital Business to address the growing needs of clients seeking transformation though Digital Reinvention.
• October 2017 - Oracle launched an autonomous cloud database capable of patching cyber security weaknesses on its own accord. Oracle Autonomous Database Cloud uses machine learning to eliminate human maintenance and error, offering self-driving, self-scaling, and self-repairing database functions.
The major players include –
IBM, ORACLE CORPORATION, TIBCO SOFTWARE, SALESFORCE.COM, SAP SE, MICROSOFT CORPORATION, SOFTWARE AG, RED HAT, INC., FUJITSU LTD, CISCO SYSTEMS, INC., UNISYS CORPORATION, and INFORMATICA, amongst others.
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Growing Demand for IoT Middleware is Driving Market Growth
The IoT ecosystem is gaining widespread adoption across multiple industries, and companies will need to find out appropriate implementation strategies to achieve desired business outcomes. IoT middleware is the most critical link for the entire setup to perform smoothly. Each enterprise must look at and deploy the middleware that is most suited to its business requirements. For example, Cisco customizes applications for a competitive edge. The Application Enablement Platform, provided by Cisco, offers infrastructure for application hosting and application mobility between fog and cloud and middleware services to support app development and lifecycle management. The platform monitors and manages the applications deployed.
The need for middleware stems from the increasing growth in the number of applications, in the customizations within those applications, and in the variety of locations from which we access those applications.
Cloud Deployment Mode is Expected to Hold the Largest Share
The cloud deployment mode has been increasing its market base over the traditional on-premise deployment technologies with the evolution of cloud infrastructure. Modern middleware technological tools allow the application to be deployed in cloud environment. The modern cloud application infrastructure has evolved to offer greater efficiency and scalability than existing on-premise technologies. The emerging trend towards cloud services and the innovation in Internet of Things (IoT) further help boost investments in modern application infrastructure and middleware.
North America Region to Dominate the Market
North America holds the highest share of the current application infrastructure and middleware market. 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 have increased significantly. This has translated into more demand for high-performing solutions as end users expect a seamless experience.
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