Industry Background:
Cloud integration is a cloud computing service in which various application programs and data are integrated in order to communicate with each other via cloud bases services. This service is designed to improve connectivity and optimize the business process for enterprises. Moreover, Cloud integration connects various applications, systems and IT environments so as to exchange real time data and process. Once the integration is done, service can be accesses by multiple devices using internet.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | AWS (United States), Microsoft (United States), IBM (United States), Google (United States), Salesforce (United States), MuleSoft (United States), SAP (United States), Dell Boomi (United States), Informatica (United States), SnapLogic (United States), Actian Corporation (United States) and Infor (United States) |
According to AMA, the market for Cloud Integration is expected to register a CAGR of 23.0% during the forecast period to 2028. This growth is primarily driven by Soaring in demand of real time customer services, Increasing automation across the various industries, Surging adoption of hybrid mix of SaaS and on-premises applications, Enterprise mobility, increased agility, easy deployment and scalability of platforms are the major drivers in the growth of the cloud integration market and Increasing adoption of cloud storage across a number of industry verticals.
Globally, a noticeable market trend is evident Increasing trend for faster connectivity to run various applications and devices
The Cloud Computing sector in the North America region has been increasing at a sustainable rate, and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as AWS (United States), Microsoft (United States), IBM (United States), Google (United States), Salesforce (United States), MuleSoft (United States), SAP (United States), Dell Boomi (United States), Informatica (United States), SnapLogic (United States), Actian Corporation (United States) and Infor (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
September 2018, Infosys India's one of the largest IT firms announced partnership with Google for developing cloud transformation and migration services.
August 2018, VM-Ware spots USD1 billion to bridge the public and private clouds worlds by providing a single software suite and manage their applications across multiple cloud networks in India.
Regulatory Insights:
California Consumer Privacy Act (CCPA) is passing a law for protection of data in United States which will be effective by January, 2020. It is expected to be 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
Influencing Trend:
Increasing trend for faster connectivity to run various applications and devices, Rising demand of data exchange within organisation and outside as well, Increasing online payment method across the world and Surging Trend of Integrations Platform as a service (IPAAS)
Market Growth Drivers:
Soaring in demand of real time customer services, Increasing automation across the various industries, Surging adoption of hybrid mix of SaaS and on-premises applications, Enterprise mobility, increased agility, easy deployment and scalability of platforms are the major drivers in the growth of the cloud integration market and Increasing adoption of cloud storage across a number of industry verticals
Challenges:
Lack of several data security and issues with low market awareness among the users and The stiff competition among the market vendors
Restraints:
lack of sufficient IT infrastructure in underdeveloped nations
Opportunities:
Increasing adoption of IoT Technology and Increasing penetration of wireless communication & mobile technology and evolving need of big data storage
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Cloud Integration Market
- Analysis about New Entrants in Cloud Integration Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Cloud Integration Study Sheds Light on
The Cloud Integration Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Cloud Integration industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Cloud Integration industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.