California Consumer Privacy Act (CCPA) is passing a law for the protection of data in the United States which will be effective by January 2020. It is expected to be the country’s highest commendable security and privacy law. Also, SEC is taking risk prohibiting steps to overcome breaches in financial sectors specific to public listed companies to increase risk assurance. European Union laws (GDPR) is taking important measures to protect data privacy and is expected to impact ~4% of global annual sales
The article cited AMA's "Global Cloud Integration Software Market Study" explored CAGR of %. According to the report, Implementation of Artificial Intelligence in Integration Platforms to Reduce the Time & Cost of Integration Process is one of the primary growth factors for the market. Increasing Demand For Cloud Computing Services
is also expected to contribute significantly to the Cloud Integration Software market. Overall, Small & Medium Enterprises
applications of Cloud Integration Software, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Cloud Deployment Model, such as Private Cloud, is boosting the Cloud Integration Software market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Industry Vertical, such as BFSI, is boosting the Cloud Integration Software market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Cloud Integration Software market identified that the demand is rising in many different parts of the world as "Increasing Penetration of Wireless Communication & Mobile Technology and Evolving Need of Big Data Storage". Furthermore, some recent industry insights like "In April 2020, OpenText™ announced the launch of the new OpenText™ Trading Grid™. The launch combines multi-enterprise integration capabilities with modern, microservices architecture as well as industry-leading data visualization from OpenText ALLOY™., and In Feb 2019, Microsoft announced the general availability of Azure Data Lake Storage (ADLS) Gen2. Azure is now the only cloud provider to offer a no-compromise cloud storage solution that is fast, secure, massively scalable, cost-effective, and fully capable of running the most demanding production workloads." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Cloud Integration Software market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Cloud Integration Software market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Cloud Integration Software market size is calculated using market estimation process, the Cloud Integration Software market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Cloud Integration Software market size has been validated using both top-down and bottom-up approaches.