Comprehensive Report On The Global Application Integration Market For The Forecast Period 2024-2033 | Microsoft Corporation, Dell Inc., International Business Machines Corporation, Deloitte Touche Tohmatsu Limited, Oracle Corporation

"The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033

The Business Research Company offers in-depth market insights through Application Integration Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.

Market Size And Growth Forecast:
The application integration market size has grown exponentially in recent years. It will grow from $15.96 billion in 2023 to $19.43 billion in 2024 at a compound annual growth rate (CAGR) of 21.7%. The growth in the historic period can be attributed to increased awareness and early diagnosis, collaboration between healthcare stakeholders, growing prevalence of autoimmune disorders, government support for rare diseases, improvements in patient education..

The application integration market size is expected to see exponential growth in the next few years. It will grow to $41.84 billion in 2028 at a compound annual growth rate (CAGR) of 21.1%. The growth in the forecast period can be attributed to continued research in immunology, personalized medicine approaches, global health initiatives for autoimmune diseases, expansion of rare disease treatment programs, patient advocacy and support.. Major trends in the forecast period include advancements in targeted therapies, personalized medicine approaches, growing research on novel drug classes, emphasis on early diagnosis and intervention, collaborative research and clinical trials..

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Market Segmentation:
The application integration market covered in this report is segmented -

1) By Integration Type: Point-To-Point Integration, Enterprise Application Intergration, Enterprise Service Bus, Integration Platform As A Service, Hybrid Integration
2) By Integration Technologies: Middleware Solutions, Application Programming Interface Management, Integration Platform as a Service (iPaaS)
3) By Offering: Platforms, Services
4) By Application: Consumer Relationship Management, Enterprise Resource Planning, Human Resource Management System, Supply Chain Management, Business Intelligence, Electronic Health Record Management, Other Applications
5) By Vertical: Banking, Financial Services, And Insurance, Retail And E-Commerce, Manufacturing, Healthcare And Life Sciences, Energy And Utilities, Automotive, Transportation And Logistics, Government And Public Sector, Other Verticals

Major Driver - Application Integration's Role in Mitigating Cyber Threats Amidst Growing Attack Surfaces
The increasing attack surface for cyber threats is expected to propel the growth of the application integration market going forward. A cyber threat refers to a malicious act or activity targeting computer systems, networks, devices, or data, with the intent to compromise their integrity, confidentiality, or availability. Application integration facilitates the effective exchange of data and information between security tools, systems, and apps, which is essential for the identification of cybersecurity threats. For instance, in November 2022, according to the Australian Cyber Security Centre, an Australia-based government agency, the number of cybercrime reports received over 76,000, which is an increase of nearly 13% from 2021. Therefore, the increasing attack surface for cyber threats is driving the growth of the application integration market.

Competitive Landscape:
Major companies operating in the application integration market report are Microsoft Corporation, Dell Inc., International Business Machines Corporation, Deloitte Touche Tohmatsu Limited, Oracle Corporation, SAP SE, Salesforce Inc., Zebra Technologies Corporation, Informatica Inc., OSI Digital Inc., TIBCO Software Inc., Software AG, InterSystems Corporation, QlikTech International AB, Boomi Inc., Tavant Technologies Inc., Neudesic LLC, MuleSoft LLC, Zapier Inc., Axway, Actian Corporation, Workato Inc., WSO2 LLC, SnapLogic Inc., ScienceSoft Corporation, Cleo, Celigo Inc., DBSync, Flowgear, OpenLegacy Inc.

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