What is Integration Software Market?
The global integration software market is expected to witness significant growth during the forecast period of 2022-2027, according to the AMA study. The growing demand for automation is generating the demand for integration tools and the rising adoption of cloud-based computing & integration tools are expected to be major factors driving the integration software market.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Boomi Inc., A Dell Technologies Business (United States), Neuron ESB (United States), Zoho Corp (India), InSync Tech-Fin Solutions Ltd (India), Claris International Inc. (United States), Softomotive Ltd (England), IBM (United States), Jitterbit (United States), Oracle (United States), Workato (United States), Salesforce.com, inc (United States), Microsoft (United States), Nexla (United States) and Oneio Cloud Oy (Finland) |
CAGR | % |
The market study is being classified, by Application (Dashboard, ETL - Extract / Transfer / Load, Metadata Management, Multiple Data Sources and Web Services) and major geographies with country level break-up.
Boomi Inc., A Dell Technologies Business (United States), Neuron ESB (United States), Zoho Corp (India), InSync Tech-Fin Solutions Ltd (India), Claris International Inc. (United States), Softomotive Ltd (England), IBM (United States), Jitterbit (United States), Oracle (United States), Workato (United States), Salesforce.com, inc (United States), Microsoft (United States), Nexla (United States) and Oneio Cloud Oy (Finland) are some of the key players profiled in the study.
The global integration software market is highly fragmented with the presence of more than 30 players across the world. The vendors in this market are focusing on developing new and innovative solutions to cater to the market's burgeoning demand for integration solutions for operations automation and industrial automation. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Integration Software market throughout the forecasted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Integration Software market by Type, Application and Region.
On the basis of geography, the market of Integration Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- The Rise in Demand for Automation is Generating the Demand for Integration Tools and Thereby Propelling the Growth for the Market
- Growing Adoption of Cloud-based Computing & Integration Tools
Market Trend
- Implementation of Artificial Intelligence in Integration Platforms to Reduce the Time & Cost of Integration Process
Restraints
- The Outbreak of COVID-19 Across the World is Impacting Negatively to the Industrial Revolution for End-Use Industries Due to Shut Down of Production of Many Products & Thereby Impacting the Integration Software Market for Short Term-Period During the Next Few Years
Opportunities
- Increasing Usage of Cloud-based Platforms will Create Huge Opportunities for Market Vendors During the Forecast Period
- Industrial Revolution 4.0 is also Expected to Create Future Opportunities for Vendors During the Near Future for Long-Term Opportunities
Challenges
Market Leaders and some development strategies
In July 2019, IBM announced that it has completed the acquisition of all of the issued and outstanding common shares of Red Hat for USD 190.00 per share in cash, representing a total equity value of approximately USD 34 billion.
In February 2020, Boomi Inc., A Dell Technologies Business announced that it has released a new Integration Center of Excellence (ICoE) service to enable an enterprise to apply best practices, company and industry guidelines, and a growing repository of reusable frameworks to the work of building and managing integrations for their business.
Key Target Audience
Integration Software Developers, New Entrants/Investors, Analysts and Strategic Business Planners and Providers, Venture Capitalists and Private Equity Firms and Government Regulatory and Research Organizations