Press release
Top Market Shifts Transforming the Enterprise Application Integration Market Landscape: Key Insights
Enterprise Application Integration
What Is the Expected CAGR for the Enterprise Application Integration Market Through 2025?
In recent times, the market size for enterprise application integration has seen significant expansion. It's predicted to increase from $19.74 billion in 2024 to $23.07 billion in 2025, showcasing a compound annual growth rate (CAGR) of 16.8%. The substantial growth during the historical period can be credited to factors like data fragmentation, enhanced customer experience, regulatory compliance and supply chain optimization.
What's the Projected Size of the Global Enterprise Application Integration Market by 2029?
In the coming years, the market size of enterprise application integration is set to witness a swift expansion. The market valuation is predicted to escalate to $42.45 billion by the year 2029, progressing at a compound annual growth rate (CAGR) of 16.5%. The surge during the forecast tenure can be linked to factors such as business durability and robustness, customer experience emphasis, data governance and compliance focus, hybrid IT infrastructures, and increasing uptake of cloud services. The forecasted period also anticipates major trends such as integration based on microservices, enlargement of low-code or no-code integration channels, advancement of event-driven architectures, accelerated usage of AI and machine learning, and an emphasis on API-led integration.
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Top Growth Drivers in the Enterprise Application Integration Industry: What's Accelerating the Market?
The growth of the enterprise application integration market is set to be propelled by the rising acceptance of cloud computing. Cloud computing, which includes services such as servers, databases, networking, and analytics delivered via the internet, is gaining popularity due to its security features, cost savings, scalability, reliability, and potential for innovation. Cloud computing promotes smooth enterprise application integration by offering scalability and cost-effectiveness, and meeting the growing demand for accessibility and mobility. In December 2023, Eurostat, the Luxembourg-based statistical arm of the European Union, reported a 4.2% increase in cloud-based solutions usage in the European Union, with 45.2% of enterprises purchasing cloud computing services. This shows a significant jump from 2021. Therefore, the growth of the enterprise application integration market is being fueled by the rising adoption of cloud computing.
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What Trends Will Shape the Enterprise Application Integration Market Through 2029 and Beyond?
Leading firms in the enterprise application integration market have shifted their focus to technological advances, such as the Super Integration Platform, to give a seamless, personalized customer experience. This innovative enterprise integration platform merges web methods and stream sets to offer an all-in-one solution for integrating applications, data, APIs (Application Programming Interfaces), and B2B interactions smoothly. For example, in October 2023, Germany's Software AG introduced a groundbreaking solution, Super iPaaS, a superior enterprise integration platform, aimed at overcoming the connectivity issues arising from rapid digital growth faced by companies. It enables users to establish connections anywhere, anytime, and however they wish, while ensuring secure connections and data-driven decisions. This trailblazing platform proposes a unified experience across all integration aspects, fostering unparalleled visibility and supervision, boosting developer cooperation and efficiency.
What Are the Main Segments in the Enterprise Application Integration Market?
The enterprise application integration market covered in this report is segmented -
1) By Deployment Type: On-Premise, Cloud, Hybrid
2) By Organization Size: Large Enterprises, Small And Medium-Sized Enterprises
3) By End User: Banking, Financial Services, And Insurance, Information Technology And Telecom, Healthcare, Retail, Government, Manufacturing, Other End Users
Subsegments:
1) By On-Premise: Enterprise Service Bus (Esb) Solutions, Legacy System Integration, Data Integration Tools, Middleware Solutions, Custom In-House Integration Platforms, On-Premise Api Management Solutions, Data Warehousing And Etl (Extract, Transform, Load) Solutions, Enterprise Application Integration (Eai) Servers, Business Process Management (Bpm) Tools
2) By Cloud: Cloud-Based Api Management Platforms, Cloud Integration Platforms As A Service (Ipaas), Cloud-Based Enterprise Resource Planning (Erp) Integration, Cloud Data Integration Solutions, Cloud-Based Middleware Solutions, Cloud Crm And marketing Automation Integration, Cloud Workflow And Automation Integration, Saas (Software As A Service) Integration, Integration With Cloud Storage Solutions, Cloud-Based B2B Integration Solutions
3) By Hybrid: Hybrid Cloud Integration Platforms, Cloud-To-On-Premise Integration Solutions, Api Management For Hybrid Environments, Multi-Cloud Integration, Cross-Platform Integration, Hybrid Data Integration Solutions, On-Premise And Cloud Application Integration, Cloud-Based Workflow Automation With On-Premise Data, Hybrid Integration For Legacy And Modern Systems, Hybrid Cloud Security Solutions For Integration
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Which Top Companies are Driving Growth in the Enterprise Application Integration Market?
Major companies operating in the enterprise application integration market are Microsoft Corporation, Dell Technologies Inc., Amazon Web Services Inc., accenture* Plc, International Business Machines Corporation, Cisco Systems Inc., Oracle Corporation, Fujitsu Ltd., SAP SE, Salesforce.com Inc., Hewlett Packard Enterprise Development LP (HPE), Infosys Limited, VMware Inc., HCL Technologies, ServiceNow Inc., Workday Inc., EPAM Systems, Splunk Inc., Software AG, TIBCO Software Inc., Persistent Systems, Progress Software Corporation, Chetu Inc., iTransition Group, Fingent Corporation
Which Regions Will Dominate the Enterprise Application Integration Market Through 2029?
North America was the largest region in the enterprise application integration market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the enterprise application integration market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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