Hybrid Integration Market 2019 - Industry Share, Growth and Regional Forecast To 2025
Deployment of the hybrid cloud model is increasing in the region due to associated benefits such as improved business efficiency, enhanced business scalability, and reduced IT costs. The adoption of hybrid integration platforms with advancements, such as data integration tools, Application Programming Interface (API) management, and Integration Platform as a Service (iPaaS), to enhance data security and simplify the IT network complexity is also fueling the market growth in the region.
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The companies operating in the hybrid integration market are involved in new product developments and making advancements in their existing products to hold their grid in the market. For instance, in November 2018, Informatica launched the next-generation of Integration platform as a service (iPaaS) along with Informatica Intelligent Cloud Services (IICS). The new platform ensures high data quality and security in the cloud and supports cloud-based master data management. Some of the companies operating in the market are focusing on partnerships to provide advanced hybrid integration solutions to the market.
For instance, in June 2018, Cisco was selected as the Google Cloud Technology Partner to deliver technologically advanced hybrid cloud. This partnership led to the integration of extensible solutions of Google with Cisco’s networking, management, and security technologies as well as open-source components. This partnership helped the company to deliver enhanced multi-cloud and hybrid cloud experience to customers. The players operating in the hybrid integration market are MuleSoft, LLC, TIBCO Software Inc, Software AG, Informatica, Boomi, Inc., IBM Corporation, Oracle Corporation, Liaison Technologies Inc, WSO2, Red Hat Inc, Microsoft Corporation, SnapLogic Inc, Axway Inc, Seeburger, RoboMQ, Fiorano Software, Attunity Ltd, Talend, Elastic.io, and Built.io.
Hybrid integration allows seamless and secure integration of on-premise and cloud-based applications with the help transport layer security technology. It enables businesses to integrate their existing processes and applications including databases, warehouses, and applications & legacy systems with cloud-based solutions such as Software as a Service (SaaS), Business-to-Business (B2B), Business-to-Consumer (B2C), Bring Your Own Device (BYOD), and big data. Hybrid integration enables enterprises to adapt to changing IT requirements, increase speed, and reduce the complexity of data management processes due to which the adoption of hybrid integration platform among enterprises will increase over the forecast timeline.
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Hybrid Integration Market report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2014 to 2025, for the following segments:
Hybrid Integration Market, By Integration Type, 2014-2025 (USD Million)
o Data Integration
o B2B Integration
o Application Integration
o Cloud Integration
Hybrid Integration Market, By Service Type ,2014-2025 (USD Milli
• Digital Business Services
• Professional Services
By Organization Type ,2014-2025 (USD Milli
• Large Organizations
• Small and Medium Enterprises (SMEs)
By Application, 2014-2025 (USD Million)
• IT & Telecommunication
• Government & Public Sector
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