About Hybrid Integration Platform
Hybrid integration platform is a set of integration software products which enables users to develop, secure and govern integration flows that are connecting diverse applications, systems, services and data stores, as well as enables rapid API. Integration is a critical, and increasingly complicated, step toward digital business transformation in established on-premises systems to newly adopted software-as-a-service (SaaS) applications. Over the last few years the demand for new integrations has surpassed the capacity most enterprises can handle as Traditional integration approaches simply cannot handle the requests
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Hybrid Integration Platform market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
IBM (United States), Oracle (United States), Software AG (Germany), Informatica (United States), Dell Boomi (United States), MuleSoft (United States), TIBCO Software (United States), Liaison Technologies (United States), WSO2 (United States) and SnapLogic (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Red Hat (United States), Axway (France), SEEBURGER (Germany), Microsoft ((United States) and RoboMQ (United States).
Segmentation Overview
AMA Research has segmented the market of Global Hybrid Integration Platform market by and Region.
On the basis of geography, the market of Hybrid Integration Platform 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). If we see Market by Integration, the sub-segment i.e. Application integration will boost the Hybrid Integration Platform market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Organization Size, the sub-segment i.e. Large Enterprises will boost the Hybrid Integration Platform market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Industry Vertical, the sub-segment i.e. BFSI will boost the Hybrid Integration Platform market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Service, the sub-segment i.e. Digital business services will boost the Hybrid Integration Platform market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Advent of “Business User”-Friendly Hybrid Integration Platform Offerings
Market Growth Drivers:
Increasing Demand of Integration of Premise and Cloud Based Platforms and Hybrid Integration Platform Capabilities to Tackle the Challenges in Business
Challenges:
Availability of Alternatives Such as ESB Technology
Restraints:
Open Source Integration Risk
Opportunities:
Rising Demand for Hosting Apps, Data, and Services on Cloud and Need To Interconnect Iot Devices with Enterprise Application
Market Leaders and their expansionary development strategies
On 27th April 2020, Oracle has acquired Sauce video which is a video collaboration app for brands, teams and event. and On 2nd October 2020, Oracle has acquired Crowd twist which is a provider of comprehensive multichannel loyalty and analytics solutions.
In December 2023, Chinese tech giant Lenovo has announced enhancements to its hybrid cloud platform. Partnering with tech giant Intel by using their new CPUs, Lenovo aims to deliver the latest technology across the ThinkSystem portfolio. This includes new ThinkAgile hyper-converged solutions and ThinkSystem servers powered by the next generation of Intel Xeon Scalable Processors.
Key Target Audience
Hybrid integration platform provider, Raw material suppliers, Government associations, Research organizations, software vendors and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.