Press release
Integration Platform As A Service Market : Latest Innovations, Drivers And Industry Key Events 2022-2028
The Global Integration Platform as a Service Market Was Estimated At USD 3.47 Billion In 2021, And Is Projected To Reach USD 20.18 Billion By 2028, Growing At A CAGR Of 28.6% Over The Analysis Period.
A collection of cloud services known as Integration Platform as a Service (iPaaS) enables the creation, execution, and governance of integration flows connecting any number of on-premises and cloud-based operations, services, applications, and data sources within a single organization or among several. The market players are constantly working to improve their platforms by integrating workflow automation, data hubs, API management, and other next-generation integration technologies including b2b integration and data hubs. At this time, the vendors of iPaaS are trying to establish a position within the enterprise application architecture.
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Market Dynamics:
Driver:
The global integration platform as a service market is anticipated to grow over the course of the forecast period due to the rising demand for high-response intelligent systems across numerous industry verticals to form future strategy plans, reduce risk and fraud, personalize, and improve overall performance in business processes. Businesses are increasingly integrating their customer service systems with CRM solutions. The growing demand for effective processes and better enterprise application management to boost profit margins across various global markets is another important factor predicted to propel the global integration platform as a service market. The cloud-based platform service offers a variety of distinctive solutions, all of which are meant to expand the target market. These include scalability, interference control, multi-platform integration, ubiquitous access, and hyper connection.
Opportunities:
Many companies have established a culture of work-from-home for their employees, which is driving demand for cloud-based IPaaS to manage organizations' critical information and creating a profitable opportunity for market expansion during the forecast period.
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Market coverage
•Available market numbers - 2022-2028
•Base Year - 2021
•Forecast Period - 2022-2028
•Segments covered - by Deployment, by End User, by Application
•Competitive Landscape - Workato Inc., Boomi LP, Informatica, Celigo, Jitterbit
Market Segmentation
By Deployment
• Public Cloud
• Hybrid Cloud
• Private Cloud
By Application
• API Management
• Application Integration
• Cloud Integration
• Data Integration
• B2B Integration
• Others
By End-Use Industry
• Healthcare & Life Sciences
• BFSI
• Energy & Utilities
• Manufacturing
• Government & Public Sectors
• Others
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Major Key Players Considered in the Market
• Workato Inc.
• Boomi LP
• Informatica
• Celigo
• Jitterbit
• Blendr.io
• Mulesoft
• Zapier
• Oracle
• IBM Corporation
• Amazon Web Services
• TIBCO
• Pabbly
• Skyvia
• Software AG, and Other Major Players.
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Key Industry Development In The Integration Platform as a Service Market
In April 2022, Workato has made Workato Enterprise Key Management (EKM) available to its customers. Customers in highly regulated industries can use this feature to gain control, flexibility, and compliance over their encryption keys and data within the Workato platform. Workato is the only vendor of Enterprise Integration Platform as a Service (eiPaaS) that allows customers to bring their own keys to encrypt data, adding an extra layer of assurance and protection.
Table OF Content
Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
Chapter 4: Market Landscape
Chapter 5: Integration Platform as a Service Market by Deployment
To Be Continued……
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https://introspectivemarketresearch.com/reports/public-cloud-platform-as-a-service-paas-market/
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