Integration & Orchestration Middleware Market is expected to reach US$ 19,000 Million by 2026-end
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The next section offers an overview of the global integration & orchestration middleware market. This section includes definition of the product – integration & orchestration middleware, along with insights on dynamics contributing towards growth of the market. The overview also throws light on year-on-year growth and market value defining the future progress and decline of the global integration & orchestration middleware. Statistics on the year-on-year growth provides readers with a broader view on expected progress patterns reshaping growth over the forecast period.
In the succeeding section, the report offers insights on major trends, retrains and drivers from demand, supply and macro-economic perspectives. The report also focuses on impact analysis of key drivers and restraints that offers better decision-making insights to clients.
The report further provides the readers with information on the leading technology and advancements traced in the global integration & orchestration middleware market. Up-to-date information and latest advancements regarding growth opportunities can benefit the leading manufacturers of integration & orchestration middleware. With continuous evolution and advancements in technology, tracking the latest trends and developments is fundamental for integration & orchestration middleware manufacturers to formulate key business strategies. Detailed insights regarding the supply chain, list of distributors, raw material sourcing, cost structure, and pricing analysis are provided in this section.
4 Key Takeaways from Fact.MR’s Report on Integration & Orchestration Middleware Market for Forecast Period 2017-2026
1. In terms of revenues, North America is slated to remain the leading contributor to expansion of the market, trailed by Europe and Asia-Pacific excluding Japan (APEJ). However, the market in APEJ will ride on a comparative higher CAGR than the markets in North America and Europe. Exhibiting an impressive expansion through 2026, Japan is also expected to remain financially worthwhile for the market expansion. In contrast, Middle East & Africa (MEA) will remain the least lucrative market for integration & orchestration middleware.
2. On the basis of middleware type, integration middleware will account for the largest market revenue share during the forecast period. Sales of integration middleware are projected to reflect the highest CAGR in the market during 2017 to 2026. Business to business middleware and event-driven middleware will also remain remunerative in the market, and their sales collaboratively estimated to exceed US$ 7,500 Mn in revenues by 2026-end. In addition, revenues from event-driven middleware are expected to increase a comparatively higher CAGR than those from business to business middleware through 2026.
3. Integration and orchestration middleware will continue to find the largest adoption in the BFSI sector, followed by IT & telecommunication sector. Revenues from sales in these two sectors will account for over half share of the market by 2026-end. Integration & orchestration middleware sales will register the fastest expansion in the healthcare sector through 2026.
4. On-premise deployment will continue to be dominant in the integration & orchestration middleware market, in terms of revenues. However, the market is projected to witness a paradigm shift from on-premise development to cloud-based development in the upcoming years, on the back of the latter’s enhanced performance and efficiency. Cloud-based deployment of integration & orchestration middleware will exhibit a significantly higher CAGR than that of on-premise deployment through 2026.
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Consumerization driving Market Growth in North America
A recent evolution driving expansion of the integration & orchestration middleware market in North America is consumerization. Consumerization helps users in integrating and automating applications by themselves, thereby reducing the service costs. Integration & orchestration middleware market will remain the most remunerative in North America, followed by Europe. The market in Asia-Pacific excluding Japan (APEJ) will continue to exhibit the fastest growth through 2026.
Based on middleware type, business to business middleware will latch onto a major portion of the market’s revenue share during the forecast period. Enterprises are increasingly utilizing cloud B2B integration & managed services for replacing the aging B2B infrastructure. Business to business middleware is considered to be a strategic asset for organizations, as huge amount of valuable data is generated through B2B systems. However, integration middleware will account for the largest market revenue share by 2026-end.
Key Research Findings from Fact.MR’s Report Include
1. Revenues from on-premise deployment will remain relatively larger than those from cloud-based deployment
2. Integration & orchestration middleware to witness fastest adoption in the healthcare sector over the forecast period
Key market players are continuously focusing on coming up with innovative solutions in order to strengthen their position in the market. These players are also pitching their existing products on the back of high demand. Fact.MR’s report has profiled active players contributing to growth of the global integration & orchestration middleware market, which include SWIFT, SPS Commerce Inc., IBM Corporation, Axway, Covisint, Microsoft Corporation, Tibco Software Inc., Oracle Corporation, Infor, and OpenText Corporation.
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