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Insightful Analysis: Middleware Software Market Share and Growth Report 2024-2033 || Amazon.com Inc., Google LLC, Microsoft Corporation
Middleware Software Global Market Report 2024
The Business Research Company presents an extensive market research report on the Middleware Software Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The middleware software market size has grown steadily in recent years. It will grow from $74.48 billion in 2023 to $77.31 billion in 2024 at a compound annual growth rate (CAGR) of 3.8%. The growth in the historic period can be attributed to growing complexity in it systems, business process optimization, rise of e-commerce, legacy system integration, globalization and supply chain dynamics.
The middleware software market size is expected to see strong growth in the next few years. It will grow to $95.29 billion in 2028 at a compound annual growth rate (CAGR) of 5.4%. The growth in the forecast period can be attributed to cloud adoption and hybrid environments, iot proliferation, data security concerns, emphasis on real-time data processing, increasing complexity of business ecosystems. Major trends in the forecast period include focus on edge computing, ai and machine learning integration, open source middleware solutions, security and compliance features, api management and integration.
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Key Market Players:
Major companies operating in the middleware software market report are Amazon.com Inc., Google LLC, Microsoft Corporation, Robert Bosch GmbH, Hitachi Ltd., Siemens AG, General Electric Company, International Business Machines Corporation, Cisco Systems Inc., Oracle Corporation, Fujitsu Limited, Hewlett Packard Enterprise Company, SAP SE, NEC Corporation, Salesforce.com Inc., Akamai Technologies Inc., Unisys Corporation, PTC Inc., TIBCO Software Inc., Red Hat Inc., Neusoft Corporation, Virtusa Corporation, Software AG, Apache Software Foundation, SPS Communications Inc., Axway Inc., Solace Corporation, Striim Inc., Fiorano Software Inc., Middleware360 Solutions Pvt. Ltd.
Market Drivers:
Movement of manufacturing organizations towards Industry 4.0, the latest revolution, which focuses on automation, interconnectivity, real-time data and machine learning is expected to benefit the middleware software market in the forecast period. Industry 4.0 includes the latest technologies such as Internet of Things (IoT), machine learning, cloud computing, cyber-physical systems and cognitive computing which are equipped in the computer systems and automated machines including robotics. Manufacturing companies need to integrate with their business processes and operations with these platforms/technologies which is fulfilled using middleware software among others. Thus, the extensive adoption of latest technologies by manufacturing companies are driving the growth of middleware software market. For instance, middleware has made possible the development of Robotics Operating System (ROS), a robotics middleware, which is a collection of software framework, and toolsets upon which robotics systems can be created. The development of industrial automation across business activities is driving the demand for ROS.
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https://www.thebusinessresearchcompany.com/report/middleware-software-global-market-report
The middleware software market covered in this report is segmented -
1) By Type: Communication Middleware, Platform Middleware, Integration Middleware, Other Types
2) By Deployment Type: Hosted, On- Premises
3) By Enterprise Size: Small & Medium Enterprises (SMEs), Large Enterprises
4) By End User: Retail, Healthcare, Automotive, BFSI, Other End-Users
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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