Press release
Global Integrated Platform as a Service (IPaaS) Market Growth Will Escalate Rapidly 2019-2026 by Global Top Brands like Dell Boomi, Informatica, IBM, Oracle, DBSync Ltd., Scribe Software, MuleSoft, SnapLogic, Celigo, Inc, Jitterbit, Flowgear
Global Integrated Platform as a Service (IPaaS) Market 2019
The Global Integrated Platform as a Service (IPaaS) Market was valued at USD 499.5 million in 2017 and is expected to reach USD 1,528.0 million in 2025, growing at a healthy CAGR of 41.7% for the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Top Competitors:
The key players operating in the global integrated platform as a service (IPaaS) market are –
• Boomi, Inc.,
• Informatica Corporation,
• IBM Corporation,
• Oracle Corporation,
• DBSync Ltd.,
• Scribe Software Corporation,
Mulesoft, Inc., SnapLogic, Inc., Celigo, Inc., Jitterbit, Inc., Flowgear, SAP SE, TIBCO Software Inc., Microsoft Corporation, Capgemini SE, Dell Inc., Fujitsu Ltd., Cherwell Software, SnapLogic, Workato, ScribeSoft, and many more. The other stakeholders of the iPaaS market include cloud vendors, systems integrators, application designers & development service providers, and network service providers.
Global Integrated Platform as a Service (IPaaS) Market, By Integration Type (Data Integration, Application Integration, Application Program Interfaces (API) Integration,Process Integration), Industry Vertical (Banking, Financial Services, Insurance (BFSI), Government & Public Sector, Manufacturing, Media & Entertainment, Education, Telecommunications, Healthcare & Life Sciences, Consumer Goods & Retail, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2025
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Integrated Platform as a Service (IPaaS),with automated tools, These IPaaS platform provides pre-built connectors, business rules, maps, and transformations that help in the development of integration flows and application programming interface (API) management. The growing need for the security and reliability creates demand for integration services. The IPaaS integrates all such industry services and its applications within a common platform. IPaaS also helps business organizations in reducing the operational cost. In 2017, Informatics Corporation reimagined IPaaS and launched a next-generation solution to power customers’ data-driven digital transformations. This solution provide enterprises with artificial intelligence (AI) powered with IPaaS and enables processing more than 2.5 trillion cloud transactions monthly for Informatica’ customers.
Market Drivers:
• Increasing awareness regarding IPaaS amongst business enterprises
• Growing need of organizations to streamline business processes and digital transformation
• Increasing adoption of internet of things (IoT) and evolution of big data concept
• Convergence of IoT and artificial intelligence (AI) technologies within robots
• Government initiatives and policies favouring automation
Market Restraint:
• High maintenance cost
• Maintaining security is a big task
Key Insights in the report:
• Historical and current market size and projection up to 2025
• Market trends impacting the growth of the global integrated platform as a service (IPaaS) market
• Analyze and forecast the integrated platform as a service (IPaaS) market on the basis of services, end-user, and services
• Trends of key regional and country-level markets for processes, derivative and application
• Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis
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Market Segmentation:
• By Integration Type
• By Deployment Type
• By Organization Size
• By Services
• By Industry Vertical
About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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Email: sopan.gedam@databridgemarketresearch.com
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