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Integration Platform As A Service Market Analysis 2023-2032: Forecast Market Size, Size And Trends | Boomi Inc., Informatica Inc., Boomi Inc., SAP SE, Oracle Corporation
Integration Platform As A Service Market
Integration Platform As A Service Market Size, Growth Rate, And Forecast
The global integration platform as a service market size grew from $3.29 billion in 2022 to $4.29 billion in 2023 at a compound annual growth rate (CAGR) of 30.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The integration platform as a service market size is expected to grow to $13.28 billion in 2027 at a CAGR of 32.6%.
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Integration Platform As A Service Market Drivers
The increase in inclination towards cloud-based solutions across the globe is expected to drive the growth of the integration platform as a service (iPaas) market. Due to pandemics, demand for cloud-based solutions and services increased due to the sudden shutdown of schools, corporates, enterprises, and more. Quick deployment, data security, automatic software updates, unlimited storage capacity, and more are some advantages gained from cloud-based solutions.
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Integration Platform As A Service Market Segments
By Cloud: Private Cloud, Hybrid Cloud, Public Cloud.
By Service Type: API Management, B2B Integration, Data Integration, Cloud Integration, Application Integration, Other Services.
By Verticals: Education, Healthcare and Life Science, Government and Public Sector, Consumer Goods and Retail, Banking, Financial Services, and Insurance, Other Verticals.
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Integration Platform As A Service market.
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Integration Platform As A Service Market Key Players
Major competitors in the integration platform as a service market include Boomi Inc., Informatica Inc., Boomi Inc., SAP SE, Oracle Corporation, MuleSoft LLC, Jitterbit Inc., IBM Corporation.
The Business Research Company's "Global Integration Platform As A Service Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Integration Platform As A Service Market Include:
1. Executive Summary
2. Integration Platform As A Service Market Characteristics
3. Integration Platform As A Service Market Trends And Strategies
4. Integration Platform As A Service Market - Macro Economic Scenario
5. Integration Platform As A Service Market Size And Growth
……
26. Africa Integration Platform As A Service Market
27. Integration Platform As A Service Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Integration Platform As A Service Market
29. Integration Platform As A Service Market Future Outlook and Potential Analysis
30. Appendix
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